Financial Assistance - Grants

Grants at Cameron University

Cameron University offers both Federal and State Grant assistance. All grants are based on financial need. Students need to complete the FAFSA to be considered for grant assistance.

• Federal Pell Grant (PELL)
• Federal Supplemental Educational Opportunity Grant (SEOG)
• Oklahoma Tuition Aid Grant (OTAG)

Federal Pell Grant

The Federal Pell Grant is based on financial need. Unlike a loan, it does not have to be repaid. Pell Grants are only awarded to undergraduate students who have not earned a bachelor's or professional degree. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.

To determine if you are eligible, the U.S. Department of Education uses a standard formula, established by Congress, to evaluate the information you reported on the FAFSA. This formula produces your family's Expected Family Contribution (EFC). The Student Aid Report (SAR) will list your EFC and will indicate whether or not you are eligible for the Federal Pell Grant. Cameron Financial Assistance Office will apply this EFC number to a chart prepared by the Department of Education and depending on your enrollment level, determine the amount of Pell grant you will be receiving. The maximum award for the 2007-08 award year is $4,200.

Federal Supplemental Educational Opportunity Grant (SEOG)

A Federal Supplemental Educational Opportunity Grant (SEOG) is for undergraduate students with exceptional financial need, that is students with the lowest Expected Family Contribution (EFC). At Cameron University, normally students must have a "0" EFC in order to be considered. As well, you must have a completed application in our office by the end of February of the proceeding year in order to be considered (IE: Awards for 2007-2008 were made in February 2007). A SEOG grant is like Pell in that it does not have to be repaid. The grant usually averages $250 per semester.

The U.S. Department of Education guarantees that each school will receive enough money to pay the Federal Pell Grant to each eligible student attending. However, for SEOG, there is no guarantee for every student that is eligible; students are paid based on availability of funds.

Oklahoma Tuition Aid Grant (OTAG)

To apply for the OTAG grant program, you must fill out a FAFSA application. You must APPLY EARLY. Typically, the OTAG Program receives more eligible applications each year than can be awarded with available funds. Renewal applications receive priority award consideration for applications received by April 30. All other eligible applications are awarded in descending order of highest need until all funds are committed.

Students must:

• Be an Oklahoma State Resident
• If considered dependent on the FAFSA, the parents must be Oklahoma residents
• Demonstrate Financial Need as determined on the FAFSA
• Be enrolled at least half-time (6 hours)
• Meet all other eligibility requirements for federal aid