subject: Do You Quality For Grant Money For College? [print this page] Together with college scholarships, college grants provide a way to obtain financial aid for higher education. Both are free and do not have to be repaid. However, grant money for college is typically awarded based on financial need whereas scholarships are usually talent-based or merit-based.
The cost of a college education is not limited to tuition fees alone. You must also factor in the cost of books, living expenses in a campus apartment or dorm, meals, etc. The total cost of earning a college degree could go into five or even six figures. Not too many people can afford to pay for college out of their own pockets. Financial aid in the form of a grant, loan or scholarship may be necessary. Grant money can help students meet part of their college expenses, at the very least.
Grant money for college can come from various sources including the government, colleges, universities, and private individuals or organizations.
One of the most popular and widely distributed government grants is the Pell Grant. Pell Grants are usually awarded to undergraduates students. On occasion, students enrolled in a certification program for graduate teachers also receive Pell Grants.
The federal government also provides other college grants specifically for low-income undergraduate students, freshmen and sophomore undergraduate students, and for juniors and seniors majoring in computer sciences, mathematics, physics, technology or engineering.
College grants coming from the federal government are well known and easy to find. However, there are other types of educational grants that are not as well known and therefore harder to find. You can find grant money for college from state grants, college grants and private grants.
Each state has a budget for higher education, part of which goes to student grants. These are usually designated for residents of that state. You can check out the official website of your state to get more information on these programs and see if you qualify. It is best to apply early, as grant money for college is limited.
Many colleges and universities have money that can be awarded to students who require financial aid for their college education. These grants are often need-based, and each school has its own requirements and rules. If you qualify for a college grant, be sure to apply early as funding is limited.
There are also private institutions that offer grants for specific qualifications such as military service, athletic activities, heritage, physical characteristics, etc. The majority of these grants are minimal, ranging from $300-$500. Other private grants can be higher. they are offered simply to help with college costs.
Grant money for college can range from a few hundred to several thousand dollars. While they may not cover all the costs of a college educational, these grants can help bring you closer to fulfilling your dream of earning a college degree.
