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How much money can we carry forward or carry back in FSEOG or FWS?

April 26, 2017carry forward FSEOG FWS money

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How much money can we carry forward or carry back in FSEOG or FWS?

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A school may carry forward into the next award year up to 10 percent of its original plus supplemental awards in FSEOG and FWS. A school may also carry back to the prior award year up to 10 percent of its original plus supplemental awards in both programs. In addition to the 10 percent carry back provision, a school may carry back any additional amount to spend for summer enrollment in FSEOG and for student wages in FWS (earned from May 1 to July 1). A school may carry forward or back only within the same program.