Purpose: To help financially needy undergraduate students meet the costs of their education by providing supplemental grant assistance through participating postsecondary institutions.
|Fiscal Year||Appropriation||Fiscal Year||Appropriation|
The FSEOG program, along with the Federal Perkins Loan Program and the Federal Work-Study Program are collectively referred to as "Campus-Based Programs" because the institution determines which eligible students receive aid and how much they receive.
Participation: In the 1992-93 award year, the most recent year for which information is available, 976,385 students received FSEOG awards averaging $667. This is an increase in both the number of recipients and the recipients' average award from the 1991-92 award year, when 881,344 students received awards averaging $665.
Distribution By Sector: Table 1 shows the distribution of FSEOG funds across types of institutions between 1983-84, when these data were first collected, and 1992-93. Table 1 shows a slight decrease in the public share--49.8 percent in 1983-84 versus 46.5 percent in 1992-93--while the proprietary share has increased in the same time period (8.4 to 10.4 percent).
Institutional participation in the program has decreased slightly: in 1991-92, 4,530 institutions received program funds while 4,215 participated in 1992-93. Of the 4,215 institutions receiving funds, 35 percent were public, 32 percent were private non-profit, and 33 percent were proprietary (private for-profit) institutions (III.1).
|Award Year||Public||Nonprofit||Proprietary Private|
Distribution By Dependency Status: The composition of recipients has changed since 1983-84. Table 2 shows that since 1983, independent students have made up an increasing proportion of FSEOG recipients. By award year 1991-92, 54.5 percent of all recipients were independent students, compared to 30.1 percent in 1983-84.
The data in Table 3 show that FSEOG awards tend to be larger for dependent students than independent students. Dependent students accounted for 44.3 percent of all recipients but received 55.7 percent of FSEOG funds distributed during the 1992-93 academic year.
Distribution by Income: Table 4 shows the distribution of awards by family income for dependent undergraduate students. Students from families with income less than $30,000 (approximate median family income) made up 77.2 percent of all dependent undergraduate recipients and received 75.9 percent of FSEOG funds awarded to dependent students during the 1992-93 award year. Across income groups, however, average awards increased with the level of family income, probably because students from higher-income families are more likely to attend higher-cost institutions. Given the formulas used to determine need, low-income students may not be eligible for higher awards even though they have lower expected family contributions, because they may attend lower-cost schools and receive higher Pell Grant awards. Both factors may act to reduce their need relative to that of higher-income students.
|Percent Distribution of Recipients||44.3||55.7||100.0|
|Percent Distribution of Aid||54.5||45.5||100.0|
|Average Award $||834||534||665|
|Dependent Undergraduate Students|
|Percent Distribution of Recipients||12.5||16.6||17.7||16.9||13.5||22.8||100.0|
|Percent Distribution of Aid||11.3||15.5||17.7||17.4||14.0||24.1||100.0|
|Average Award $||749||778||833||861||870||881||834|
Through 1991-92, FSEOG awards were funded entirely by the Federal Government. Beginning in the 1991-92 award year, FSEOG awards are a combination of Federal and institutional contributions. For award year 1993-94 and subsequent years, the minimum institutional contribution is 25 percent. The institutional share may be waived under certain circumstances.
The disbursement of FSEOG awards is a two-step process. First, the Department of Education allocates funds to eligible postsecondary institutions according to a formula that incorporates a guaranteed minimum based on the institution's FSEOG expenditures in the 1985-86 award year, and increases based on a measure of institutional need. Second, institutions award these funds to eligible students, with first priority given to students with exceptional need who also receive Pell Grants.
After award of FSEOG funds to all eligible Pell Grant recipients (in order of lowest family contribution), FSEOG funds are awarded to non-Pell Grant recipients with the lowest family contribution.
The maximum award for an academic year is $4,000 and the minimum award for a full academic year is $100.
|All||Type of Institution||Status|
|2-Yr Public||4-Yr Public||Private||Prop.||Full-Time||Part-Time|
|$30,000 & Over||1.5||0.3||1.1||4.0||3.0||2.1||0.1|
|$10,000 & Over||2.5||1.4||3.6||3.7||6.2||7.4||0.9|