AwardYear: 1996-1997 EnterChapterNo: 8 EnterChapterTitle: Federal Supplemental Educational Opportunity Grant Program SectionNumber: SectionTitle: Introduction PageNumbers: 1 PROGRAM PURPOSE The purpose of the Federal Supplemental Educational Opportunity Grant (FSEOG) Program is to provide grants to undergraduate students with exceptional need to help pay for their postsecondary education. This provision is in Section 413C(c)(2) of the Higher Education Act of 1965, as amended. Giving priority to applicants with exceptional financial need, schools selecting FSEOG recipients must use the selection criteria discussed in Section 1 of this chapter. RECENT REGULATORY PROVISIONS [[NEW]] Prior to the 1996-97 award year, a school was allowed to keep the required FSEOG Program records on microforms or in computer format. Beginning with the 1996-97 award year, a school may keep the records in one of those formats or on optical disk or other comparable imaging technology. Also beginning with the 1996-97 award year, if a school keeps its records in computer format, the school must maintain the source documents supporting the computer input in hard copy, microforms, optical disk, or other comparable imaging technology. |