There are various types of grants and stipends that are available
. Out of the various categories of grants, it is the grants for colleges that are mostly needed. This is because education holds huge importance for people. Moreover the expenses of education are high and hence grants are in huge demand among the college students. The Federal Government has organized for several federal grants for colleges that can help college students in pursuing their education. Through these grants they can get admitted to some good college and move towards a bright future. The good part of the federal grants for colleges is that the students will not have to repay this grant. These grants are based upon the financial needs that are calculated by the federal aid program. The FAFSA form is very important for availing the federal grants for colleges. If you complete the FAFSA form then you can apply for grants, loans and all other programs with just one simple application. The U.S Department of Education has indeed helped several college students and has secured their academic lives and careers with the federal grants for colleges. There are basically five programs under the federal government that can provide with monetary support to the students who are attending college. However it is true that most of the times it becomes difficult to get to know about these federal grants for colleges. To begin with your quest for the college grants that are provided by the federal government, you can check out the FSEOG for the need-based grants. From the very nomenclature of these grants you can understand that they are basically for those households and families that have low income and cannot bear the expenses of quality education. Thus they are primarily based on the financial needs. The Academic Competitiveness Grants or the ACG can provide with grants that are huge in amounts. The same is applicable for the National SMART Grants. These programs award the grants to the college students who have a good level of academic achievement and also who really need them. The federal grants for colleges have really proved to be a saving grace for many needy students.