Federal, State and BBIN Grants

Federal Pell, Federal Supplemental Opportunity Grants (SEOG), state grants, and BBIN Grants and Scholarships make up need-based gift level. Federal and state grants are based on current year funding from state and federal governments and are subject to change. If any awards change due to funding availability, BBIN will notify you after we receive official notification from the appropriate agency(ies).

PELL Grant
FEDERAL PELL GRANTS are awarded to undergraduate students – those who have not yet earned a bachelor’s degree. Unlike a loan, repayment is not required. If you are eligible for a Federal Pell Grant, BBIN will determine the amount for which you qualify based on resources reported on the Free Application for Federal Student Aid (FAFSA) . The FAFSA produces an Estimated Family Contribution (EFC) used to determine aid eligibility.

Beginning with the 2012-13 academic year, the Consolidated Appropriations Act, 2012, limits use of the Federal PELL Grant to 12 semesters during each student’s lifetime eligibility for Pell Grants.  This change impacts ALLstudents who have ever received Federal Pell Grants.  Students who are close to their eligibility limit may be eligible for less Federal Pell Grant funding than they would have been previously.

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Federal Supplemental Equal Opportunity Grants
FEDERAL SUPPLEMENTAL EQUAL OPPORTUNITY GRANTS (SEOG)are for undergraduates with exceptional financial need—that is, students with the lowest EFC’s as deemed by the data you report on your FAFSA. Priority is given to students who also receive Federal Pell Grants and file by BBIN’s priority deadline of March 1. A Federal SEOG does not have to be paid back. Please note that every eligible student may not receive a Federal SEOG because awards are based upon the funding availability at BBIN. Expected academic year Federal SEOG awards range from $200 to $600.
State Grants
STATE GRANTS are available to help financially needy undergraduate students from the State of Vermont.  Vermont determines the amount of the award based on the Expected Family Contribution as determined through the completion of the FAFSA.

Vermont students should be sure they have contacted:
Vermont – (802) 654-3750

New Hampshire now offers a UNIQUE Annual Grant through an allotment from the University System of New Hampshire. To be eligible, students must demonstrate high need on their FAFSA and file prior to December 31.

BBIN Grants
BBIN GRANTS are need-based gift assistance awarded through a review of the student’s financial eligibility as determined from the results of the FAFSA. Students receiving BBIN Grants are required to file their FAFSA by BBIN’s priority filing deadline of March 1st.  Eligibility is determined annually based on reviewing the FAFSA by BBIN’s priority deadline and fund availability.

Note: Grants and Scholarships (Federal Pell, State Grants, and BBIN Scholarship/Grants ) make up the gift level awarded by BBIN.  If ANY federal/state awards change, there may be an adjustment in BBIN’s University Grant award (up or down).

TEACH Grant Program *not available
Federal TEACH Grant Program (TEACH) is not available through BBIN.