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Financial Aid for College Students - Grants


The bad news about attending college is that it costs more than ever to attend. The College Board estimates the average four-year public college costs almost $5,000 per year to attend and a two-year public college is almost $2000. And that's not counting the skyrocketing cost of textbooks or other class fees. The good news is there is more than $105 billion dollars available in student financial aid. Some of this money is available for free…in the form of college grants.

While there are many options to consider financing your college education, this article will discuss specifically grants for college.

The most common form of Federal grant money is the Pell Grant. The amount awarded is based on your financial need and it is for undergraduate study only. Pell Grants can be awarded to part-time students. The maximum amount of a Pell Grant is $3000 per year and it can be combined with other grants or financial aid.

Another common federal grant is the Federal Supplemental Educational Opportunity Grant or SEOG. Like the Pell Grant, the SEOG is awarded based on financial need and is for undergraduate study. This grant can be combined with other school grants or financial aid, but the cap is $1000 per year.

Colleges and Universities often provide their own grants for students. The amount of the school grant varies, but they do take into consideration a number of factors in issuing these types of grants including: financial need, grades, merit or program of study. Please check with the college you've been accepted to for more information.

To be considered for any of these types of grants for college, you must complete a financial aid form known as the FAFSA. Your college will help you with this process and you can get information online. There are time deadlines in completing this application, so be sure to take that into consideration when planning your education.

Even though college costs are trending upward, there are many financial aid options for students. College grants are one of the best options since they don't need to be repaid, however, not everyone qualifies for them. Complete a FAFSA application to determine whether you can qualify for a college grant.

 

Max Stein, Salt Lake City, UT, USA
http://www.top-colleges.com
Max Stein is a freelance writer who writes about business, education and marketing. maxstein_9@hotmail.com www.degreesource.com



The pages of this web site contain nonprofit information and a few articles about my hobby of biking.  They have been collected from many independent sources.   Each article or new item offers a different points of view and resources.   This information is for for general information only.  If you desire to ask a specific question, feel free to contact me

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    When having a youth fundraiser, you need to keep the word youth in mind. Try to make it fun for them, as they will be doing most of the work. A youth fundraiser can be very profitable if done properly....
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    It's posted all over the Internet. You hear it on the radio, and see it on television. The United States government is giving away free money in the form of federal grants. While it's true that the government...
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    The most important rule in planning a youth fundraiser is to make sure that everybody has fun! These ideas will work well for a youth group, a church young people's group, non-profit group or a youth sports...
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    The success of your fundraiser depends on how much publicity your group can attract. Community awareness of your fundraising need and your fundraising offering will always increase your results.Here are...
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    Car donations and used car donations are the way many people choose to recycle their older model cars without having the headache of repairing, advertising, showing, and hopefully then selling them. Being...
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    To achieve a successful fundraising event you will need to create awareness and excitement for your fundraising event. The bigger the crowd of people you attract for your fundraiser, the bigger amount...
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    If you want to have a successful newsletter, you need to have a professional newsletter layout. The more newsletter layout ideas you get, the better layout you can design. Here are some tips on how to...
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