Education is a worthwhile investment that can be useful for a lifetime. It equips both our mind and body in dealing with the different situations in life and put it to good use.
But there are a lot of people who are in dire financial straights and find it difficult to acquire higher education. This is where the Federal Supplemental Educational Opportunity Grant (FSEOG) comes in. There is need to know what is SEOG grant and its implications.
There are different federal grant programs which can be availed. The Pell Grant gives financial assistance to students who belong to low income families so that they would be equipped financially to face their educational expenses.
Applicants must be US citizens who are currently studying. They must have the basic education finished and are on the verge of starting out their college degrees.
The Pell Grant is a primary grant before knowing what is SEOG grant and its benefits. The Pell Grant has given out a maximum of $4,371 a year during 2008 to 2009, and it reached a maximum of $5,350 during the period 2009-2010. The amounts are determined not only through your financial needs but also on the cost of education to get your degree.
Knowing what is Federal SEOG grant would also give you a background on how to fill out the necessary application form or the FAFSA form. The FSEOG program is given as a continuing program for those who have availed of the Pell Grant. The application takes from 2 weeks to a month in processing and approval.