A federal Pell grant, unlike a loan, does not have to be repaid. Pell grants are awarded only to undergraduate students who have not earned a bachelor’s or professional degree. Pell grants are awarded to students who are eligible based on the results of the FAFSA and their Expected Family Contribution (EFC). The amount awarded will depend on their enrollment status as a full-time or part-time student. Effective with the 2012-2013 award year, the duration of a student’s eligibility to receive a federal Pell grant is 12 full-time semesters. The calculation of duration will include all years that the student previously received the federal Pell grant funding.
Supplemental Educational Opportunity Grant (SEOG)
The federal Supplemental Educational Opportunity Grant (SEOG) program is for undergraduates with exceptional financial need. Pell Grant recipients with the lowest EFC will be considered first for an SEOG. Just like the federal Pell Grant, the SEOG does not have to be repaid. Funds for this program are limited.
LSU implemented a need-based grant program funded by the institution in 2007 to assist students with financial need in paying for college. LSU awards a tuition and registration fee exemption to students meeting the following criteria:
- Louisiana Resident
- Family income less than or equal to 150 percent of the poverty level
- Eligible for a federal Pell grant
- Entering freshman beginning fall 2007 or after, transfer student, or continuing student who was an entering freshman or new transfer student beginning fall 2007 or after
Students receiving financial support from the Pelican Promise award will be expected to enroll in 12 hours and maintain Satisfactory Academic Progress. Students must apply for this award each year through the FAFSA application.
All new, transfer, and continuing students wanting to be considered for Pelican Promise must complete the FAFSA by July 1st prior to the fall term. All students who are identified as potential Pelican Promise students with a FAFSA on file by the stated July 1st deadline must submit all verification documents to Financial Aid by August 1st prior to the fall term.
All new and transfer students wanting to be considered for the Pelican Promise award for the spring semester must complete the FAFSA by November 1st prior to the spring term. All students who are identified as potential Pelican Promise students with a FAFSA on file by the stated November 1st deadline must submit all verification documents to Financial Aid by December 1st prior to the spring term.
Teacher Education Assistance for College and Higher Education (TEACH) Grant
The TEACH Grant program is a federal non-need-based grant program that provides up to $3,496 per year to students who are enrolled in an eligible program, maintain a 3.25 GPA, and commit to teach in a high-need field, at a low-income elementary or secondary school, for at least 4 years within 8 years of completing the program for which the TEACH Grant was awarded. If the grant recipient fails to complete the required teaching service, the TEACH Grant is converted to a Federal Direct Unsubsidized Stafford Loan, and interest will be charged from the date of original disbursement.
Applicants can be any of the following:
- Undergraduate students admitted to the Teacher Education Program
- Graduate students pursuing a master’s degree
- Students enrolled in a post-baccalaureate teacher credential program
- Current or former teachers or retirees
High-need fields include:
- Foreign language
- Bilingual education
- English language acquisition
- Special education
- Reading specialist
- Other high-need fields documented by local, state, or federal governments
This is a limitedly funded state grant program and the award is based on financial need. Eligible students must meet all of the following criteria:
- Louisiana Resident as reported on the FAFSA
- File a Free Application for Federal Student Aid (FAFSA)
- Receive a federal Pell grant
- Have remaining financial need after deducting Estimated Family Contribution (EFC) and all federal/state/institutional grant or scholarship aid (‘gift aid’) from student’s Cost of Attendance (COA)
- Gift aid including Go Grant cannot exceed 60% of need based eligibility
- Be a student enrolled in an eligible Louisiana institution on at least a half-time basis (minimum 6 hours)