What are Federal Grants?
As a general rule, federal grants do not need to be repaid and are based on financial need determined by the Free Application for Federal Student Aid (FAFSA). Eligibility for a federal student aid grant is based on financial need and several other factors.
Federal Pell Grant
Maximum Award: $ 5,550
Pell Grants are awarded to students with exceptional need. Generally, Pell grants are for undergraduate students that have not already earned a bachelor's or professional degree. The current maximum Pell Grant amount is $5,550. However, the amount the student receives is dependent on financial need, enrollment status, and if attending the full academic year at Doane College. The amount a student is eligible for is determined by the Expected Family Contribution (EFC) which is generated from the FAFSA.
Note: If you are eligible for a Pell Grant and your parent or guardian was a member of the U.S. Armed forces and died as a result of military service in Iraq or Afghanistan on or after September 11, 2001, you will receive the maximum Pell Grant for the year. Other conditions must apply as well as confirmation for the U.S. Department of Defense.
Federal Supplemental Educational Opportunity Grant (FSEOG):
Maximum Doane College Award: $2500
- Awarded to students who demonstrate exceptional financial need (Pell Grant eligible) and have not earned a bachelor's or graduate degree.
- Funds are limited and awarded on a first come, first serve basis.
- Financial aid office determines the award based on need.
Iraq & Afghanistan Service Grant:
Maximum Award: $5,550
A student whose parent or guardian was a member of the U.S. Armed Forces and died as a result of service performed in Iraq or Afghanistan after September 11, 2001.
- Student must be ineligible for a Pell Grant due only to having less financial need than is required to receive a Pell Grant.
- Student must be under the age of 24
- Student must have been enrolled at least half-time at the time of the parent or guardian's death.
- U.S. Department of Defense must confirm.
Teacher Education Assistance for College Higher Education Grant:
(TEACH Grant) Amount: $4000
- Available to undergraduate, post-baccalaureate, or graduate students who are taking coursework to become an elementary or secondary teacher or are working on a Master's Degree in Curriculum & Instruction.
- Must agree to teach for a minimum of 4 years (within 8 years of completing your academic program) as a full-time teacher in a high need field at a school serving low income students.
- Failure in completing the teaching service commitment will result in the grant being converted to an Unsubsidized Federal Stafford Loan which must be repaid.
List of High Need Fields (http://www.ed.gov/about/offices/list/ope/pol/tsa.doc.)
Low Income Schools (https://www.tcli.ed.gov/CBSWebApp/tcli/TCLIPubSchoolSearch.jsp.)
For More Information on Qualifications:
Graduate Students & Accelerated Certification Students
All admitted students have the ability to charge their books to their student account. All federal grants are credited to the student's account after census day. Generally, they are applied equally over each term of enrollment period, depending upon enrollment status and eligibility. Lincoln/GI undergraduate students can only receive Federal Grants for 4 full-time terms per academic year and therefore may not receive Federal Grants if attending the summer (5th) term.
Grants are applied to tuition, fees, room and board (if living on campus), and then books and supplies. If a credit remains, the student may use the grant monies to pay for other educational expenses incurred.