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College Grants

Grants are money awarded to students that does not have to be repaid. Some grants include:

• Federal Pell Grant — This is the largest grant program for postsecondary education. The amount you are eligible to receive is based on your EFC (Estimated Family Contribution) and the cost of attending the school. Pell Grants are usually only awarded to undergraduate students, one per year. The maximum for the 2007-08 award year is $4,310. The maximum award for the 2008-09 year is $4,731.
• Federal Supplemental Educational Opportunity Grant (SEOG) — Colleges award these grants to students with exceptional financial need. FSEOG awards range from $100 to $4,000 per year.
• Montana Higher Education Grant (MHEG) — These grants are awarded as determined by colleges to students with exceptional financial need. The average award amount is $500. This program is funded by the state of Montana and is matched with federal funds.
• Montana Tuition Assistance Program/Baker Grant (MTAP) — These grants are available for Montana residents that have not already received a bachelor's degree who have earnings greater than 500 times the federal minimum wage and an expected family contribution that is less than the maximum federal Pell Grant plus $2500. Funds are limited and the award amount is between $100 and $2,000.