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The FSEOG program is funded jointly by the U.S. Department of Training and participating schools. About 4,000 institutions take part, starting from universities to dance academies. Faculties contribute one greenback for every three government dollars. The quantity varies from 12 months to yr, relying on the Department of Education’s annual funds, the colleges’ request for funds and the number of faculties that take part. The Division allotted $757 million for FSEOGs for 2009. When combined with the schools’ contribution, total funds got here to almost $960 million [source: U.S. Division of Schooling].

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