The United States of America all year offers education grants for all its citizens who are regular tax payers. Billions of dollars are assigned for the grant money which students could apply for. The only condition set is that the amount be spent to fulfill solely on educational needs.
The citizens of the United States of America are provided government grants by various government authorities. These grants are monetary and legitimate money giveaways. Among the various types of grants obtainable, college grants are those, which assist a student to follow up on education of their choice without worrying about the money factor. Many times, these grants are not utilized by even those individuals who are qualified for it just because they are unaware of how to apply and get one.
Info on how to apply for the education grants is accessible on different internet sites. The Education Department of the US government provides all data on the internet sites and can be accessed through postal service, telephone or the email. The application along with budget for the necessary amount has to be sent to the Program Bureau. The Education Department would review the applications as per the set norms and then award and administer the grant once every year. The Department also provides info on the website for other grants accessible.
Not all people can afford college education. Most of them stick to the usual methods to fund their college education through scholarships and student loans. The best and convenient means to get monetary funds for your education would be through college grants. These college grants are considered as one of the greatest ways to get essential monetary funds for your education. The United States government gives away millions of dollars annually as college grants to assist students to complete their college education.
Various teams of the Education Department process applications with several needs. The applications are ranked and numbered and grant money is awarded to the highest rank scored. A four to six months time is taken to process the applications; once the process is over the sum is granted to the selected candidate. A progress and a performance report has to be presented to the education grants team at the completion of one year.
Scholarships and college grants are alike in the sense that they are finances that require no repayment. Not always does college grants are determined on the family’s income. A college grant is commonly based on a variety of aspects, including economic need, student status, ability to pay and academic requirements. The National government and the state governments both hand out grants to the people. Particular National grant programs assist students in several ways. The Pell grant is one of the earliest and aids in giving financial support for low-income students. This grant program has remained a precious source of money for undergraduate students who cannot afford college.
Students qualified for post secondary education are entitled for this grant. The grant money would come through the department of education, agencies allotted by the government or through charitable organizations. The grant money would cover the pupils, tuition, books, boarding, and for any of the instruments or equipment needed for their course of study. The grant money is not a loan thus repayment is not necessary it is also non-transferable and cannot be utilized for non-education purpose.
The second grant is the Academic Competitive Grant, which is granted to freshman students who show outstanding academic records and excellent aptitudes for leadership and service. The final federal college grant is the National Science and Mathematics Access to Retain Talent Grant. This grant awards at least $4000 to undergraduate students studying mathematics, sciences, computer sciences, etc. State governments usually give grants based on the requirement, merit and the field of study.
Women that are economically underprivileged, not having enough resources or means to finish their education are offered special education grants by many institutions and organizations. Women that have quit studies for reasons such as lack of finance, having to work to earn their livelihood and support their families could apply for the special education grants. Women that have families to support or have discontinued education for bringing up their babies could avail of the grant money. Women that have applied for underrepresented courses too could avail the grant money.
College grants are primarily of two types – need-based grants and merit grants. Need-based grants are generally presented to those who cannot attend college without it. There are certain factors that ensure your eligibility for a need-based grant like the number of dependents in the family, family income, family assets beyond the family income, and various others. Merit grants are awarded to those who show relatively good academic record and supreme aptitudes. The eligibility depends greatly on the overall academic performance and the high school GPA.
Check whether you are eligible for the education grants before you apply for any of the grants that are offered by the organizations and institutions.
If you want to avail these college grants, your first step will be to file for a FAFSA. The FAFSA is the application form for all most all Federal and also State grants.