Metropolitan College of New York Military Friendly School
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Office of Student Financial Services

Federal Grants

Federal Pell Grant

A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded using federal methodology to undergraduate students who have not earned a bachelor's or a professional degree. Pell Grants are considered a foundation of federal financial aid to which aid from other federal and nonfederal sources might be added.
  • The maximum Pell Grant award for the 2014-2015 award year is $5,730. The maximum can change each award year and depends on program funding. The amount you receive, though, will depend not only on your financial need, but also on your cost of attendance, your status as a full-time or part-time student, and your plans to attend school for a full academic year or less.
  • If you're eligible, we will credit your account with one-half of the annual award being applied to each of the Summer and Fall terms.
  • All Pell eligible students have a 12 Semester Lifetime Limit for Federal Pell Grants.

Federal Supplemental Educational Opportunity Grant (FSEOG)

The Federal Supplemental Educational Opportunity Grant (FSEOG) program is for undergraduates with exceptional financial need. Pell Grant recipients with the lowest expected family contributions (EFCs) will be considered first for a FSEOG. Just like Pell Grants, the FSEOG does not have to be repaid.
  • You can receive between $100 and $2,500 a year, depending on when you apply, your financial need, our institutional awarding policies, and available funding.
  • If you're eligible, we will credit your account with one-half of the annual award being applied to each of the Fall and Spring terms.

Federal Teach Grant

Through the College Cost Reduction and Access Act of 2007, Congress created the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program that provides grants of up to $4,000 per year to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families.

For more information and student eligibility requirements, please visit the TEACH Grant website and/or contact our office.

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Mailing Address MCNY (431 Canal Street New York, NY 10013 · 529 Courtlandt Avenue Bronx, New York 10451)
Phone Number  (800) 33 THINK | 212 343 1234