The grants listed below are based on need. These grants are available only to undergraduate students who have not received a previous bachelor’s degree.
Pell Grants help undergraduate students who have not earned a bachelor’s or higher degree pay for their higher education. The U.S. Department of Education determines who is eligible by using a formula established by Congress and the information provided by the applicant on the Free Application for Federal Student Aid (FAFSA). This will produce an expected family contribution (EFC) number. The amount the applicant receives depends on the EFC, cost of attendance, enrollment status (full-time or part-time), and length of enrollment. Only full-time students may receive the full Pell Grant amount. The grant is prorated for three-quarter, half-time or less-than-half-time enrollment. In December 2011, the Consolidated Appropriations Act 2012 (Public Law 112-74) was signed which impacted the Federal Pell Grant Program. Beginning in fall of 2012 students are now limited to 600% of Pell Grant eligibility during their lifetime. This change affects all students regardless of when or where they received their first Pell Grant.
Alabama Student Assistance Program (ASAP)
Need-based grant. Awarded to in-state students pursuing their first undergraduate degrees. Eligibility: based on exceptional need, availability of funds, and Federal Pell eligibility. Funds are VERY limited. Students are strongly encouraged to meet the March 1 FAFSA priority date.
Federal Supplemental Educational Opportunity Grants (FSEOG)
Federal Supplemental Educational Opportunity Grants (FSEOG) help undergraduates who hold no bachelor’s or higher degree and have exceptional financial need. Priority is given to students with the lowest EFC, determined by information provided on the Free Application for Federal Student Aid (FAFSA), who also receive Federal Pell Grants. There is no guarantee that every eligible student will receive an FSEOG, so it is important to apply early to have a better chance of receiving a grant. Recipients must be enrolled at least half time. FSEOG awards are based on the availability of funds at Troy University.