A Federal Supplement Educational Opportunity Grant (FSEOG) is for undergraduates with exceptional financial need, which means students with the lowest Expected Family Contributions (EFC). This program gives priority to students who receive Federal Pell Grants. Students can receive between $100 and $4,000 a year depending on when they apply, their level of need, and the funding level of the school. An FSEOG does not have to be repaid.