Federal Supplemental Educational Opportunity Grants (FSEOG) are for undergraduates with exceptional financial need. Pell Grant recipients with the lowest EFCs will be the first to get FSEOGs. Just like Federal Pell Grants, FSEOGs don’t have to be paid back. Students are able to receive between $100 and $4,000 a year, depending on when the student applies, financial need, and available funding.