§ 676.20 Minimum and maximum FSEOG awards.
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
(a) An institution may award an FSEOG for an academic year in an amount it determines a student needs to continue his or her studies. However, except as provided in paragraph (c) of this section, an FSEOG may not be awarded for a full academic year that is—
(1) Less than $100; or
(2) More than $4,000.
(b) For a student enrolled for less than a full academic year, the minimum allowable FSEOG may be proportionately reduced.
(c) The maximum amount of the FSEOG may be increased from $4,000 to as much as $4,400 for a student participating in a program of study abroad that is approved for credit by the home institution, if reasonable costs for the study abroad program exceed the cost of attendance at the home institution.
(Authority: 20 U.S.C. 1070, 1070b-1)
[52 FR 45778, Dec. 1, 1987, as amended at 59 FR 61421, Nov. 30, 1994]
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