676.20—Minimum and maximum FSEOG awards.
(a)
An institution may award an FSEOG for an academic year in an amount it determines a student needs to continue his or her studies. However, except as provided in paragraph (c) of this section, an FSEOG may not be awarded for a full academic year that is—
(b)
For a student enrolled for less than a full academic year, the minimum allowable FSEOG may be proportionately reduced.
(c)
The maximum amount of the FSEOG may be increased from $4,000 to as much as $4,400 for a student participating in a program of study abroad that is approved for credit by the home institution, if reasonable costs for the study abroad program exceed the cost of attendance at the home institution.