By: Bryan Lee, UHEAA
Federal Pell Grant (PELL) — The Federal Pell Grant (PELL) is financial aid that doesn’t have to be repaid (unless, for example, you withdraw from school and owe a refund). Pell grants usually are awarded to undergraduate students who have not earned a bachelor’s or a professional degree. You are not eligible to receive a Federal Pell Grant if you are incarcerated in a federal or state penal institution or are subject to an involuntary civil commitment upon completion of a period of incarceration for a forcible or nonforcible sexual offense.
Federal Supplemental Opportunity Grant — The Federal Supplemental Opportunity Grant (FSEOG) is financial aid that doesn’t have to be repaid (unless, for example, you withdraw from school and owe a refund). The FSEOG program is administered directly by the financial aid office at each participating school and is therefore called “campus-based” aid. Not all schools participate. Check with your school’s financial aid office to find out if the school offers the FSEOG. The FSEOG does not have to be repaid.
Teacher Education Assistance for College and Higher Education Grant— The Teacher Education Assistance for College and Higher Education (TEACH) Grant is financial aid that doesn’t have to be repaid (unless, for example, you withdraw from school and owe a refund). The TEACH Program provides grants of up to $4,000 a year to students who are completing or plan to complete course work needed to begin a career in teaching.
As a condition for receiving a TEACH Grant, you must sign a TEACH Grant Agreement to Serve in which you agree to (among other requirements) teach
- in a high-need field
- at an elementary school, secondary school, or educational service agency that serves students from low-income families
- for at least four complete academic years within eight years after completing (or ceasing enrollment in) the course of study for which you received the grant.
IMPORTANT: If you do not complete your service obligation, all TEACH Grant funds you received will be converted to a student loan. You must then repay this loan to the U.S. Department of Education, with interest charged from the date the TEACH Grant was disbursed (paid to you or on your behalf).
Iraq & Afghanistan Service Grant — The Iraq & Afghanistan Service Grant is financial aid that doesn’t have to be repaid (unless, for example, you withdraw from school and owe a refund). Like other federal grants, Iraq and Afghanistan Service Grants provide money to college or career school students to help pay their education expenses. However, Iraq and Afghanistan Service Grants have special eligibility criteria.
You may be eligible to receive the Iraq and Afghanistan Service Grant if:
- you are not eligible for a Federal Pell Grant on the basis of your Expected Family Contribution but meet the remaining Federal Pell Grant eligibility requirements, and
- your parent or guardian was a member of the U.S. armed forces and died as a result of military service performed in Iraq or Afghanistan after the events of 9/11, and
- you were under 24 years old or enrolled in college at least part-time at the time of your parent’s or guardian’s death.
State grants are financial aid, often based on financial need that does not need to be repaid (unless, for example, you withdraw from school and owe a refund). Visit the “grants” page of CentsibleStudent.org to view an interactive map of each state’s grant program.