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Federal Grants

Federal Grants

Funding for federal grants is contingent on federal approval. To be considered for Federal Financial Aid, students must complete a Free Application for Federal Student Aid (FAFSA) each year. This application is available beginning October 1st each year. AU’s priority deadline is March 1st.

 

Pell Grant

A federally funded grant based on need determined by the Free Application for Federal Student Aid (FAFSA). Eligibility and amounts are determined by a student’s financial need, which is calculated as the Expected Family Contribution (EFC) determined by the FAFSA minus the Cost of Attendance as determined by the institution. Number of credit hours enrolled will also impact the award amount. The Federal Pell Grant does not have to be repaid and is a program for students who have not previously earned a baccalaureate degree. Pell Grant is considered the foundation of federal financial aid to which aid from other federal and non-federal sources might be added. A student can only receive the Pell Grant for up to 12 full-time semesters. Students can track their remaining Pell Grant eligibility on their Student Aid Report.

Maximum annual award is $6,345 for the 2020-2021 school year.

 

Federal Supplemental Educational Opportunity Grant (FSEOG)

The Federal Supplemental Educational Opportunity Grant is awarded to students depending on their financial need, the availability of FSEOG funds at Anderson University, and the amount of other aid received. In order to be eligible for consideration for the FSEOG a student must be eligible for a Federal Pell Grant. Funding is limited. The Office of Financial Services awards this grant on a first come, first served basis.

Maximum annual award is $1,000 for the 2020-2021 school year.

 

Teacher Education Assistance for College and Higher Education Grant Program (TEACH)

The TEACH Grant Program provides grants to students who intend to teach full-time in high-need subject areas at a public elementary or secondary school that serves students from low-income families. In exchange for receiving a TEACH Grant, the student must agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves low income students. The student must also teach at least four academic years within eight calendar years of completing the program of study for which you received a TEACH Grant. If the student fails to fulfill this obligation, all amounts of the TEACH Grant received will be converted to a Federal Direct Unsubsidized Loan. Interest will be charged from the date the original grant was disbursed, and the student must repay this loan to the U.S. Department of Education. Federal TEACH Grant counseling and an Agreement to Serve are required. For information about eligibility requirements and eligible AU degree programs, click here.

Maximum annual award is $3,772 for awards first disbursed between October 1, 2020 and September 30, 2021.

 

General Federal Student Aid Eligibility

In general, to be eligible for federal grants you must…

  • demonstrate financial need (for Pell Grant and FSEOG);
  • be a U.S. citizen or an eligible noncitizen;
  • have a valid Social Security number (with the exception of students from the Republic of the Marshall Islands, Federated States of Micronesia, or the Republic of Palau);
  • be registered with Selective Service, if you’re a male (you must register between the ages of 18 and 25);
  • be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program;
  • maintain satisfactory academic progress in college or career school;
  • sign the certification statement on the Free Application for Federal Student Aid (FAFSA) stating that 
    • you are not in default on a federal student loan and do not owe money on a federal student grant and
    • you will use federal student aid only for educational purposes; and
  • show you’re qualified to obtain a college or career school education by 
    • having a high school diploma or a recognized equivalent such as a General Educational Development (GED) certificate; 
    • completing a high school education in a homeschool setting approved under state law (or—if state law does not require a homeschooled student to obtain a completion credential—completing a high school education in a homeschool setting that qualifies as an exemption from compulsory attendance requirements under state law); or
    • enrolling in an eligible career pathway program and meeting one of the “ability-to-benefit” alternatives.

FAFSA Federal School Code: 003418
Office of Financial Aid & Scholarships
316 Boulevard, Anderson, SC 29621 
(864) 231-7555 | Aid@AndersonUniversity.edu