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Federal Supplemental Educational Opportunity Grant (FSEOG) <br />The campus -based policy defines the College's selection criteria and packaging philosophy for awarding <br />campus -based funds consistently to all eligible students. One of the two campus -based programs is the <br />FSEOG program. <br />FSEOG minimum is $500 and maximum is $700. <br />FSEOG funds are awarded to Federal Pell Grant eligible student on a first -come, first -serve basis. The first <br />selection group of FSEOG funds are students with the lowest EFC (e.g., 0) and those who have completed, <br />and submitted all document requirements. <br />Once the lowest EFC cohort of students are satisfied, the second selection group of students with a higher <br />EFC will be satisfied, and so on. The third selection group may include the lowest EFC who are not <br />receiving PELL grant. <br />A recipient who receives Federal Pell Grant at any time in the award year may be awarded FSEOG based <br />on the availability of funds for the term cohort. <br />A FSEOG recipient who was awarded but did not actually received the Pell grant due to a correction or <br />change of EFC will be allowed to keep the award in good faith. <br />Federal Work -Study <br />The second of the two campus -based programs offered is Federal Work Study (FWS). <br />Federal Work Study (FWS) is awarded to students on a first -come, first serve basis. The funds are <br />awarded based on the availability of funds, students who demonstrate a financial need, and part-time <br />work available. Students can earn money to help pay for their educational expenses. Pacific College <br />coordinates community service involvement and work related to the program of study. For more <br />information, contact the Financial Aid Office. <br />Direct Subsidized Loans and Direct Unsubsidized Loans <br />Loans are funds that students borrow from the federal government under the Direct Loan program and <br />they must be repaid when students graduate or otherwise leave school. Generally, repayment begins six <br />months after a student graduates, withdraws, or drops below half-time enrollment. Students are <br />encouraged to borrow only what they need. <br />Borrowers must complete Entrance Counseling online and Subsidized/Unsubsidized Master Promissory <br />Note (MPN) prior to any direct loan disbursement: httls://studentaid gov/min. <br />Pacific College 2020-2021 Catalog 23 <br />