Information About Grants
What is a Pell Grant?
A Federal Pell Grant is a form of federal financial aid that does not have to be repaid.
Pell Grants are awarded usually only to undergraduate students who have not earned
a bachelor's or a professional degree. Students that are eligible for a Pell Grant
can also receive other forms of federal student aid. The FAFSA, which is one of the
requirements needed to become eligible for a Pell Grant, is also the application necessary
for federal student loans.
Am I eligible for the Pell grant?
- You must be an eligible student whose Expected Family Contribution (EFC) is less than
or equal to the figure set by the Federal Government for the academic year. See eligibility information for more about EFC.
- Your EFC is determined from the information that you provide on your FAFSA.
- You must meet all of the eligibility criteria required for receipt of federal aid
including SAP.
- You must be enrolled in an undergraduate program leading to an associate or first
bachelor's degree.
NOTE: The amount of time in which a student can receive Pell grant has been reduced
from 18 semesters to 12 semesters. This change in duration is not limited to students
who received their first Federal Pell Grant on or after the 2008-2009 award year,
as the HEA previously provided when the duration of eligibility was 18 semester. The
federal government will calculate the equivalency by adding together each of the annual
percentages of a student's scheduled award that was actually disbursed to the student.
What is the FSEOG Grant?
FSEOG is an undergraduate award to students with exceptional financial need. Federal
Pell Grant recipients receive priority for these awards. The FSEOG awards can range
from $100 to $4,000 a year but each school can establish its own guidelines within
these ranges. At ULM we award $750 per year to each qualified applicant until funding
is expended.
Am I eligible for the FSEOG Grant?
- You must be Pell grant eligible based on the 2013-2014 FAFSA.
- You must meet all of the eligibility criteria required for receipt of federal aid
including SAP.
- You must be enrolled in an undergraduate program leading to an associate or first
bachelor's degree. Funds are very limited.
What is the Louisiana Go Grant?
The Louisiana Go Grant provides need-based financial aid for nontraditional and low
to moderate-income students who need additional funds to afford the cost of attending
college. For the 2012-13 award year, the maximum award was $1,000.00. Funds vary from
year to year based on the Go Grant appropriation and could change for the 2013-2014
school year.
Am I eligible for the Go Grant?
- Be a Louisiana Resident;*
- File a Free Application for Federal Student Aid (FAFSA);
- Receive a federal Pell grant or a financial need grant;
- Have remaining financial need greater than "0" after deducting the student's Expected
Family Contribution and Federal Pell Grant Award from their Cost of Attendance. Due
to limited funding, awards are not guaranteed to all eligible students.
- Be a student enrolled in an eligible Louisiana institution on a part-time, half-time
or full-time basis who:
- Entered college as a first time freshman during academic year 2007-2008 or later;
OR
- Entered college as a first time freshman during the 2007-08 academic year or later
and have become eligible for a federal Pell grant or financial need grant after the
freshman year: OR
- Be age 25 or older and have entered college as a first time freshman before the 2007-08
academic year and have had a break in enrollment of at least two consecutive semesters,
not including a summer semester or term, immediately preceding the period of enrollment
for which the student is being considered for receipt of a grant.
- Any student who was a first time freshman beginning with the 2007-08 academic year
or later who was not initially Pell eligible, but subsequently becomes Pell eligible
then also qualifies for a Go Grant award
*Residency: Louisiana resident as of the day the FAFSA is filed and Louisiana is the
student's true and fixed domicile as reported on the FAFSA. If student's state of
residence on the FAFSA is not reported as LA, but a dependent student claims that
a non-custodial parent is a Louisiana resident, or that parents are Louisiana residents
living out of state, LOSFA will determine residency based on the completion, by the
parents, of a residency affidavit
Office of Financial Aid