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Financial Aid

Grants

Grants are typically based on need and include programs such as Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG) and State Grants, which are funds received from the federal government. These funds do not have to be repaid.

Pell Grant

The Pell Grant is a Federally funded grant program designed to form the foundation of all aid received. Pell Grant funding is available to undergraduate students who demonstrate financial need. To be considered for this type of aid, a student must: complete the Free Application for Federal Student Aid (FAFSA), list UMFK's school code (002041) in the appropriate section and submit the FAFSA to a central processor for review. No additional Pell Grant application is required. The Pell Grant program will send each applicant a Student Aid Report (SAR) (or a link to an online site to obtain one), which can be kept for the applicant's records. Copies may be obtained at www.fafsa.gov.

The amount of a Pell Grant award varies depending upon eligibility, the cost of attendance, and the number of credits for which the student is enrolled (full-time, three-quarter time, or half-time). Whenever enrollment status changes, so does the amount of the Pell Grant. A Pell Grant recipient must be enrolled in an undergraduate course of study for at least 3 credit hours per semester. Pell Grants are available for the period of time required to complete the first undergraduate bachelor's degree, so long as the student is making Satisfactory Academic Progress.

Federal Supplemental Educational Opportunity Grant (FSEOG)

The Federal Supplemental Educational Opportunity Grant program is a Federally funded program intended for undergraduate students who demonstrate financial need. To be considered for this type of aid, a student must: complete the Free Application for Federal Student Aid (FAFSA), list UMFK's school code (002041) in the appropriate section and submit the FAFSA to a central processor for review. FSEOG grant amounts depend on the extent of need, and what funds are available in the program each year. Federal Supplemental Educational Opportunity Grant funding is available for the period of time required to complete the first undergraduate bachelor's degree, so long as the student is making Satisfactory Academic Progress.

  • State Grants - learn more about State Grants. Information for each state is available.
  • The Maine State Grant - any Maine resident filing their FAFSA by May 1st is automatically considered for the Maine State Grant.