Federal Pell Grant (Pell)
A Federal Pell Grant does not have to be repaid. Pell Grants are awarded only to undergraduate students who have not yet earned a bachelor's degree. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.
To determine if you're eligible, the U.S. Department of Education uses a standard formula (Federal Methodology) established by Congress to evaluate the information you report when you file a FAFSA. The formula produces an Expected Family Contribution (EFC) number. Your Student Aid Report (SAR) contains this number and will tell you if you're eligible.
Awards for each year will depend on program funding. How much you recieve will depend on your Expected Family Contribution (EFC), cost of attendance, whether you're a full-time or part-time student and whether you attend school for a full academic year or less.
Federal Supplemental Education Opportunity Grant (FSEOG)
Funded by the federal government and the College. Awarded on the basis of exceptional need and availability of funds. Eligibility for FSEOG is determined during the FAFSA review process.