Qualifications: Undergraduate students only (must be Pell Grant recipient)
Annual Amount: $500
Deadlines & Application: March 1: Free Application for Federal student Aid (FAFSA); April 15: complete file
Description: Similar to Pell Grants, Federal Supplemental Educational Opportunity Grants are given to students with high financial need who qualify for Pell Grants. No application is necessary other than the early completion of the FAFSA, and they do not have to be repaid.
Unlike Pell Grants, the university is given a set amount for Federal Supplemental Educational Opportunity Grants, and all qualified applicants are not guaranteed funding. They are awarded on a first-come, first-serve basis to those who have qualified for Pell Grants and, by preference, to out-of-state students. This preference is because the State Student Incentive Grants, funded by both federal and state sources, are identical to the Federal Supplemental Educational Opportunity Grants in amount, but are reserved for New Mexico residents.