About Grants
Federal grant programs are funded by the U.S. Department of Education. They include the Pell Grant and the Supplemental Educational Opportunity Grant (SEOG).
Federal Pell Grant
The Pell Grant is a need-based program that awards funds to undergraduate students who have not yet earned a bachelor's degree. The maximum amount awarded annually for the 2006-2007 academic year is $4,050 and for the 2007-2008 academic year is $4,300. The minimum award for each year is $400. The grant amount is based on your Expected Family Contribution, your enrollment status, and your attendance for the year. Students with EFC's of $3850 or less in the 2006-2007 school year or EFC's of $4110 or less in the 2007-2008 school year may be eligible for a Pell Grant.
Federal Supplemental Educational Opportunity Grant
The FSEOG is a grant for students with exceptional financial need. In order to qualify, students must qualify for a Pell Grant. Unlike Pell funding, which is guaranteed to students who meet the application deadlines and other criteria, FSEOG funding is limited, and awards are made as funds are available, with priority given to those students with lowest EFCs who applied by the priority deadline.
Missouri Student Financial Aid Grants
The state of Missouri provides several aid programs to help Missouri residents attending a Missouri school pay for college. For more information, see Missouri Student Assistance Resource Services (MOSTARS).