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Grant money is awarded based on financial eligibility and does not have to be repaid. The following are the most common Federal Grant programs available at the CUNY School of Professional Studies (CUNY SPS):
- Federal Pell Grant
- Federal SEOG (Supplemental Educational Opportunity Grant)
Beginning in Fall 2012, students are now limited to 12 semesters (or 600%) of Pell Grant eligibility during their lifetime. This change, in time, will affect all students regardless of when or where they received their first Pell Grant. Students who have already used 600% of their Pell Grant eligibility will no longer be eligible to receive a Pell Grant.
Federal Pell Grant
This federal entitlement program was instituted to help undergraduate matriculated students meet the cost of their education. Pell grants are awarded to eligible students enrolled in a full-time program (12 or more credits). Reduced grants may be available to students enrolled part-time. Applicants must demonstrate financial need. Students must apply each year by completing the FAFSA.
Federal SEOG (Supplemental Educational Opportunity Grant)
This limited federal grant is awarded to students who are enrolled at least half-time and demonstrate the greatest financial need. Awards are $200 per semester.