New Policies
Eligibility Limit and Disbursement
Students who receive their first Pell Grant on or after July 1, 2008 may receive Pell Grants for as many as 18 semesters (or the equivalent)
For the 2011 summer session: The University of Louisiana Monroe offers a number of summer sessions of differing lengths in an effort to be responsive to the needs of the student body. For the purposes of the federal Pell Grant program, the separate sessions are combined into one "Cross-over" Payment Period".
Federal Pell Grant
The Federal Pell Grant is a need-based grant awarded to undergraduates seeking their first bachelor's degree. This grant does not have to be paid back. The federal government determines the maximum Pell Grant award and eligibility is based on your FAFSA results. The maximum award for the 2011-2012 year is $5,550.
You can now receive two Pell Grant awards within one award year, if you meet certain criteria. You can be enrolled in any enrollment status to be eligible for funding from the first scheduled Pell Grant award, depending on your EFC (Expected Family Contribution) as determined by your FAFSA results. In order to receive the second scheduled Pell Grant award, students must have earned at least 24 credit hours AND be enrolled at least half-time (6 credits). This means that you must be taking your 25th credit in the semester in which you receive any part of your 2nd scheduled Pall Grant award.
To maximize the Pell Grant award amounts that you receive, you need to enroll in and successfully complete a minimum of 12 credit hours each term over 4 terms in one academic year-summer, fall, spring, and another summer.
For the 2011 Summer term, there are 3 ways to qualify for Pell:
1. You successfully completed 24 or more credit hours in the 2010-2011 academic year and are enrolled in at least 6 credit hours for the term in which a second scheduled award will be paid.
2. You were enrolled less than full-time in the 2010-2011 academic year and still have remaining Pell Grant eligibility.
3. You successfully completed 24 or more credit hours in the 2010-2011 academic year, but you are enrolled in less than 6 credit hours for the upcoming term. In this instance, you do not qualify for the 2nd scheduled Pell award. However, if you have a 2011-2012 valid FAFSA on file with all needed paperwork complete, you maybe eligible for a first scheduled Pell payment from the new award year.
Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant (FSEOG) is gift assistance funded by the federal government and awarded by ULM. The FSEOG is for undergraduates with exceptional financial need, and zero (0) Expected Family Contribution (EFC).
Eligibility Criteria:
- You must meet all of the eligibility criteria required for receipt of federal aid including SAP.
- You must qualify for the Federal Pell Grant
Funds are very limited. The amount of the award is based on need and the availability of funds.
GO GRANT
Eligibility Criteria:
- You must be admitted and enrolled as a certificate or degree-seeking undergraduate as either a first time freshman or aged 25 or older and not having enrolled in a college or university in credit bearing courses for at least two consecutive semesters
- You must be Pell eligible
- You must be a Louisiana resident
- You need to have filed your FAFSA by ULM’s priority deadline of July 1, 2011.
