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Financial - Northwest Mississippi Community College

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what are<br />

grants?<br />

Grants are federal aid that, unlike loans, do not have to be paid back as<br />

long as you are enrolled in more than 60 percent of the semester. They are<br />

given based on financial need determined by questions you answer on the<br />

FAFSA. Below are listed some of the types of grants you can receive while<br />

attending <strong>Northwest</strong>.<br />

Pell Grant<br />

This grant is available to any student working on his or her first undergraduate degree.<br />

Amount awarded is determined by information provided on the FAFSA and is based on the<br />

Expected Family Contribution (EFC) and the number of hours the student is enrolled. The<br />

maximum award for the 2011-2012 school year was $5,550.<br />

Federal Supplemental Education Opportunity Grant (FSEOG)<br />

FSEOG is awarded to the student with exceptional financial need or the lowest EFC. Priority<br />

is given to students who receive Federal Pell Grants. There is no application for this grant.<br />

Grant size varies, but it typically ranges from $100-$400.<br />

For more information<br />

Visit www.northwestms.edu/grants

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