What is the Difference Between a Pell Grant and an FSEOG

Pell Grant and FSEOG

The Difference Between a Pell Grant, and a Federal Supplemental Educational Opportunity Grant (FSEOG)

Federal student aid is one of the most popular ways to help pay for massage school, but it does come with its own set of challenges. For one, there are countless different programs and types of financial support, which range from straightforward grants to both subsidized and unsubsidized loans. Before you decide on any course of action, it’s important to know what you are being offered and how it will impact your financial future.

Federal Grants for Massage School

Grants have the benefit of being “free” money, in that students don’t have to repay them after they graduate. (However, if you withdraw from the school for personal reasons, you may have to return the money.) In order to be eligible to receive grants, you have to demonstrate financial need, academic excellence, or any combination thereof.

There are a total of five different types of federal grants that students may be eligible to receive. These include the Federal Pell Grant, the Federal Supplemental Educational Opportunity Grant (FSEOG), the Academic Competitiveness Grant (ACG), the National Science and Mathematics Access to Retain Talent Grant (National SMART Grant), and the Teacher Education Assistance for College and Higher Education (TEACH) Grant. The last three are dependent on specific majors and aren’t relevant for massage students.

What is a Federal Pell Grant?

Pell Grants are the most common type of federal grant. They are only offered to first-time undergraduate students, and are dependent almost entirely on financial need, which is determined by the FAFSA form and both student and parent financial status. Students must be enrolled in recognized educational programs in order to get the funding, which varies from year to year but is not higher than $5,000 per year.

What is a Federal Supplemental Educational Opportunity Grant (FSEOG)?

While the $5,000 contribution is generous, it’s not enough for some students to achieve their education and cover cost-of-living expenses, especially if you come from financially strained circumstances. The FSEOG exists to help fill the gap and provide additional financial support for students who might not otherwise have the opportunity to go to college.

The amount of money offered through the FSEOG varies depending on situation, but ranges from $100 to $4,000 per year. Only students who are already eligible for the Pell Grant are given the chance to also get the FSEOG.

Schools are limited in how much FSEOG money they are granted, so different massage schools may offer different amounts, depending on their qualifications and student body. And because of the nature of the diploma and degree programs, many massage schools are not eligible for the FSEOG program at all.

 

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  1. Paula Wilber says:

    Hello,
    I am very interested in going to school for Massage therapy and need some financial aid to do so. My first choice I would like to attend the Wisconsin School of Massage in Germantown, Wis. I am also interested in Healing Mountain Massage school in Salt Lake ,Utah. I live in rural Nevada and have to make living arrangements with low cost.

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