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Federal Pell Grant
The U.S. Department of Education provides federal grants to undergraduate students. All Pell Grant applicants must complete a Free Application for Federal Student Aid (FAFSA). Students who have earned a bachelor's or a professional degree or its equivalent either foreign or nationally recognized are not eligible for any type of Pell, SEOG, or SSIG Grants.
How much am I eligible for?
The maximum award for one year is $5,550. Eligibility is based on the students' enrollment status and the calculated expected family contribution (EFC) as determined by the FAFSA You may not receive Pell Grant funds from more than one school at a time.
Federal Supplemental Educational Opportunity Grant (FSEOG)
SEOG is awarded to those students who demonstrate exceptional financial need. This is defined as an EFC of '0'. Students who complete the Free Federal Application for Student Aid are automatically considered for the grant.
The grant is based on availability of funds. The maximum award is $2,000 per year.
New Mexico State Student Incentive Grant (SSIG)
The New Mexico Student Incentive Grant was created to provide aid for undergraduate students with substantial financial need who are attending public colleges or universities:
The grant is based on availability of funds. The maximum award is $2,000 per year. Part-time students award will be pro-rated.
Teacher Education Assistance for College and Higher Education (TEACH GRANT):
The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program provides $4,000 annual grants to students who plan to become teachers. Candidates must agree to serve as full-time teach≠ers at certain schools and within certain high-need fields for at least four aca≠demic years within eight years of completing the course of study for which a grant was received. If a grant recipient does not meet that obligation, the TEACH grant funds he received convert to a Direct unsubsidized loan that must be repaid with interest. Students must adhere to an academic standard: they must have a grade point average of at least 3.25 on a 4.0 scale. A student may receive up to $4,000 per year to eligible undergraduate and graduate students. Eligible undergraduate students may not receive more than $16,000 and graduate students may receive no more than $8000 in total TEACH Grant. Students enrolled less than full-time will have their TEACH Grant prorated based on enrollment hours. The amount of TEACH Grant awarded when combined with other student aid may not exceed a studentís cost of attendance (COA). Student must complete a Federal Application for Financial Aid (FASFA) and contact the Financial Aid Office for eligibility.