College education is undeniably expensive. Majority of students would struggle to pay their tuition fees without assistance. Fortunately, college grants from the government and various organizations can be obtained. Coupled with college scholarships, these enable a greater number of pupils to attain a bachelor’s degree and achieve their potential. Based on the college grant you apply for, factors like religion, race, and academic performance might play a role in determining whether you are going to get the grant or otherwise.
You will find two standard types of college grants: direct and pass-through. In direct grants, you’ve to apply straight to the federal government. Meanwhile, pass through grants are the ones that are funded by the federal government but are given to the state. In this regard, you’ve to apply to the state to get these types of grants. You will find more than 1,000 grant applications which are provided by the twenty six companies under the Department of Education.
Popular College Grant Programs
The Pell Grants are the most widely used and extensively distributed type of grant in the United States. They’re given to students that wish to obtain a degree. On certain occasions, they might be given to people that are enrolled in a graduate teacher certification program. Apart from the Pell Grant, the 3 other major programs funded by the federal government include the following:
• Federal Supplemental Educational Opportunity Grant (FSEOG) – this’s readily available for low-income undergraduate students who would like to continue their studies. The FSEOG application is posted together with your school application because the government typically pays for 75 % of the cost of your education under this grant as the school pays for the remaining twenty five %.
• National Science and Mathematics Access to Retain Talent Grant (National Smart Grant) – this’s offered to seniors and juniors who want to major in computer sciences, mathematics, physical sciences, engineering, and engineering. Pupils who want to take up a foreign language might also get this grant if it is deemed to be critical to national security.
• The Academic Competitiveness Grant (ACG) – the federal government provides this grant to freshmen and sophomore undergraduates that are deemed to be qualified.
Aside from federal programs, there’s also different college grants that are given by non-profit organizations, private enterprises, religious groups, and foundations. The eligibility requirements of these grants may differ based on the mission and goal of the organization. Minorities, for instance, might get specific types of college grants from some non-profit groups. Meanwhile, religious groups would usually supply other types or click here grants of financial assistance to active members or the public.