Federal college grants are financial aid awards that do not need to be repaid. They are typically based on financial need and are available to undergraduate, graduate, and professional degree students. These grants can help students pay for tuition, fees, books, and other education-related expenses. Here are eight popular federal college grant opportunities:
Pell Grant
Students who have not yet completed their bachelor’s or professional degree may apply for a Pell Grant, which is awarded on the basis of financial need. The most financially disadvantaged kids are the ones that benefit most from this government grant program. The amount of the award is determined by a number of factors, including the student’s financial need, the cost of attendance at the student’s institution of choice, and the student’s enrollment status (full-time vs. part-time).
FSEOG
The FSEOG is a need-based grant available to undergraduate students who have not yet earned a bachelor’s or professional degree. It is awarded to students with the greatest financial need and is distributed by the school. The award amount varies based on the student’s financial situation and the availability of funds at the school.
Teacher Education Assistance for College and Higher Education (TEACH) Grant
Undergraduate, graduate, and professional degree students studying for careers as teachers in high-need subjects in low-income areas are all eligible for the TEACH Grant. Grantees must commit to working as full-time educators in high-need fields in low-income communities for a total of at least four years within eight years of receiving their award.
Iraq and Afghanistan Service Grant
If a parent or guardian of the student was a member of the United States armed forces and died as a result of service in Iraq or Afghanistan following 9/11, the student may be eligible for the Iraq and Afghanistan Service Grant, which is a supplemental award for undergraduate and graduate students who do not qualify for the Pell Grant. Award money is equal to the annual maximum allowable Pell Grant.
State Grants
Many states have their own grant programs that are available to students who are residents of the state and attending college in the state. These grants are typically based on financial need and are awarded by the state higher education agency.
American Indian and Alaska Native-Serving Institutions Grant Program
This grant program is available to undergraduate, graduate, and professional degree students who are enrolled in an American Indian- or Alaska Native-serving institution. The award amount varies based on the student’s financial situation and the availability of funds at the school.
Asian American and Native American Pacific Islander-Serving Institutions Grant Program
This grant program is available to undergraduate, graduate, and professional degree students who are enrolled in an Asian American- or Native American Pacific Islander-serving institution. The award amount varies based on the student’s financial situation and the availability of funds at the school.
Hispanic-Serving Institutions Grant Program
This grant program is available to undergraduate, graduate, and professional degree students who are enrolled in a Hispanic-serving institution. The award amount varies based on the student’s financial situation and the availability of funds at the school.
Final Thoughts
It’s important to note that these are just a few of the many federal college grant opportunities available. Students should also explore other grants and financial aid options, such as scholarships and loans, to help pay for their education.
