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Grants are typically based on financial need and awarded to students with the fewest financial resources to pay for school as determined by the Federal FAFSA. Grants may be available from Federal, State, University and/or outside sources.
Grants are financial aid funds that are not paid back. The funds are considered gift aid.
Grants commonly awarded include:
Federal Pell Grants are awarded to undergraduate students working toward their first undergraduate degree.
Pell grants are based on financial need as determined by the FAFSA. Students must have a completed FAFSA on file for the current aid year in order to be considered for this grant.
For 2010-2011, these grants range from $277 to $5550. Actual awards depend on the Expected Family Contribution (EFC), as determined by the FAFSA and the number of credits for which the student registers. A student may receive the Pell Grant for three full semesters.
To receive the full amount of the Pell Grant, a student must be enrolled for 12 or more credits per semester. Grant amounts are adjusted and/or prorated based on the student's actual enrollment at the end of the second week of the semester. Federal regulations prohibit award changes to be made after this date unless the student completely withdraws.
Students may not receive funds at more than one school at a time. Students must be maintaining Satisfactory Academic Progress to be eligible for the Pell Grant.
The Federal SEOG (Supplemental Educational Opportunity) Grant (SEOG) may be awarded if you are eligible for the Federal Pell Grant and have demonstrated exceptional need as determined by your FAFSA application results. Awards are based on the expected family contribution (EFC) and the date your application was completed. Funds are limited and awarding is determined by the institution.
The Minnesota State Grant helps students from low and moderate income families pay for college. To be considered for this grant, students must be Minnesota residents working toward their first undergraduate degree.
Consideration for the Minnesota State Grant requires that the Free Application for Federal Student Aid (FAFSA) must be received by the federal processor by September 22, 2010, for Fall Semester 2010 and February 08, 2010, for Spring Semester 2011. If you want to apply for May/summer term 2011, you must have your FAFSA to the federal processor by June 7, 2011.
Minnesota State Grant is awarded at the maximum award amount for which you qualify based on 15 credits of registration each semester and the results of your FAFSA needs analysis. If you register for at least 3, but fewer than 15 credits, your award will be reduced on a credit-by-credit basis.
You are considered for state grant funding for up to the equivalent of eight full-time semesters of post-secondary education. Credits earned during high school enrollment do not count toward the eight full-time semesters.
Your Minnesota State Grant award amount may be reduced or canceled if
The Minnesota State Grant formula is calculated based on the parent portion of the Federal Expected Family Contribution (EFC).
Child Care Grants are available to Minnesota residents seeking their first undergraduate degree. Applicants must meet income eligibility criteria and Minnesota State Grant requirements.
A separate application is required for the child care grant, and the application must be renewed each semester. Applications are available in the Office of Student Financial Aid & Scholarships. Funding for this program is typically limited.
Students must have a completed FAFSA on file for the current aid year in order to be considered for this grant, and they must be maintaining Satisfactory Academic Progress to be eligible.
The maximum award is $2,600 per eligible child for the year and cannot exceed the actual cost of child care expenses. The award calculation is based on family income and the number of eligible children. Students who receive AFDC funding must contact county social services to be considered for child care assistance.
The Public Safety Officer's Survivor Grant provides educational benefits to dependent children and the surviving spouse of a public safety officer killed in the line of duty on or after January 1, 1973. To qualify, the spouse or dependent (less than 23 years old) must be enrolled in an undergraduate or certificate program. You are not eligible if you have received a bachelor's degree or been enrolled full time for nine semesters or the equivalent, whichever occurs first. Students who have withdrawn for active military service after December 31, 2002 are given an extra term of eligibility. Awards are renewable for a maximum of nine semesters or the equivalent.
The U of MN Grant is awarded by the Office of Financial Aid & Scholarships to students who are pursuing their first undergraduate degree. The actual award amount is set by institutional financial aid office criteria, availability of funds and the student's enrollment status. Funds are limited and new students are strongly encouraged to submit the FAFSA by the March 1 priority deadline. Returning students should submit the FAFSA by April 1 in order to be considered for available aid.
Financial Aid & Scholarship Office
170 Owen Hall
2900 University Ave
Crookston, MN 56716