20-21 Bacone College Academic Catalog

7. OFFICE OF FINANCIAL AID

7.3. Federal and State Grant Aid

The Federal Pell Grant is based on financial need and is available to undergraduate students only. The award amounts can change yearly. The amount that a student can receive is based not only on the financial need but also the cost of attendance and the enrollment status as full-time or part-time.

Federal Supplemental Educational Opportunity Grant (FSEOG): $500 per year

Federal Supplemental Educational Opportunity Grants (FSEOG) are offered to full-time undergraduate students with demonstrated exceptional need as determined by the FAFSA. Awards are based on the student's FAFSA application date and are made to Pell-eligible students who have submitted all requested documentation. Funds are limited, and students are encouraged to apply early and submit requested documents (such as tax transcripts) in a timely manner. Students must maintain Satisfactory Academic Progress to be eligible for FSEOG.