Federal Supplemental Educational Opportunity Grant Program

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Stored: Federal Supplemental Educational Opportunity Grant Program

Federal Supplemental Educational Opportunity Grant Program
Type Program
Sponsor Organization Office of Federal Student Aid
Top Organization Department of Education
Creation Legislation Higher Education Act of 1965 (Public Law 89-329)
Website Website
Purpose Federal Supplemental Educational Opportunity Grant Program aids the neediest undergrads, boosting college access and achievement by supplementing aid for those with the lowest family contributions.
Program Start 1966
Initial Funding $70 million
Duration Ongoing
Historic No

The Federal Supplemental Educational Opportunity Grant (FSEOG) Program, established in 1966 under the Higher Education Act of 1965, is administered by the Department of Education’s Office of Federal Student Aid (FSA) to provide grants to eligible students at participating colleges and universities, allocating over $10 billion since inception to support approximately 1.5 million students annually by 2025. Initially funded with $70 million, it has grown to distribute $840 million in FY 2024 across 3,000 awards, funding education for the neediest students at over 4,000 institutions.[1] Despite its impact, challenges like funding limitations and institutional disparities persist (web ID: 5), but it remains a key component of federal student aid under DOE.

Official Site

Goals

  • Provide additional need-based financial aid to the most financially needy undergraduate students.
  • Complement other federal grants, like the Federal Pell Grant, to reduce educational barriers.
  • Support academic success and degree completion for students with the lowest EFCs.[2]

Organization

The FSEOG Program is managed by FSA within the Department of Education, overseen by Chief Operating Officer Richard Cordray since 2021, with institutions distributing funds to students based on need, determined via the Free Application for Federal Student Aid (FAFSA).[3] It operates via annual appropriations, guided by the Higher Education Act and subsequent reauthorizations like Public Law 116-260 (2020).[4]

Partners

History

Authorized by the Higher Education Act of 1965 (Public Law 89-329) and launched in 1966 with $70 million as part of the Educational Opportunity Grant Program, FSEOG expanded with annual appropriations, reaching $840 million in FY 2024.[5] It grew from serving 300,000 students annually in 1970 to 1.5 million by 2025, addressing disparities with innovations like the FAFSA Simplification Act (web ID: 5). By 2025, it has awarded over $10 billion, though GAO notes funding limitation concerns (web ID: 5).

Funding

Initial funding of $70 million in 1966 supported the program’s launch, with over $10 billion appropriated by 2025 via annual DOE budgets—e.g., $840 million in FY 2024.[6] Ongoing appropriations under the Higher Education Act sustain its operations, with no fixed end as it addresses ongoing educational access needs.

Implementation

FSEOG distributes grants annually, requiring institutions to prioritize the neediest students based on FAFSA data, with funds disbursed directly to students, tracked via DOE’s Central Processing System.[7] It progresses through institutional partnerships—e.g., 1.5 million students yearly—and policy updates, adapting to educational needs with no set end, though funding limits remain a challenge (web ID: 5).

Related

External links

Social media

References

  1. ↑ "Federal Supplemental Educational Opportunity Grants". Office of Federal Student Aid. https://studentaid.gov/understand-aid/types/grants/fseog. 
  2. ↑ "Federal Supplemental Educational Opportunity Grant Program". U.S. Department of Education. https://www2.ed.gov/programs/fseog/index.html. 
  3. ↑ "About DOE Leadership". U.S. Department of Education. https://www.ed.gov/about/leadership. 
  4. ↑ "FAFSA Simplification Act". U.S. Congress. https://www.congress.gov/bill/116th-congress/house-bill/6800. 
  5. ↑ "Federal Supplemental Educational Opportunity Grant". Wikipedia. https://en.wikipedia.org/wiki/Federal_Supplemental_Educational_Opportunity_Grant. 
  6. ↑ "Federal Supplemental Educational Opportunity Grants". Office of Federal Student Aid. https://studentaid.gov/understand-aid/types/grants/fseog. 
  7. ↑ "How FAFSA Is Processed". Office of Federal Student Aid. https://studentaid.gov/help-center/answers/article/how-fafsa-processed. 
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