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Grant money for undergraduates

Jan 12th 11
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The federal government gives five main types of grants for undergraduates:
 

* Pell Grant: This is the most common federal grant for undergraduate students.

* ACG: The Academic Competitiveness Grant is for college freshmen and sophomores who are eligible for Pell Grants and who took "rigorous" classes in high school.

* FSEOG: The Federal Supplemental Educational Opportunity Grant is awarded to undergraduate students with exceptional financial need.

* National SMART Grant: The National Science and Mathematics Access to Retain Talent Grant is awarded to college juniors and seniors who are eligible for Pell Grants and are majoring in mathematics; technology; engineering; a foreign language critical to national security; or physical, life, or computer sciences. Students must have grade point averages of at least 3.0 in their majors to be eligible.

* TEACH Grant: The Teacher Education Assistance for College and Higher Education Grant is for students who plan to teach in schools that serve low-income students.

 

You can read more about these grants here.

There is a single application form for all of these grants, the FAFSA (Free Application for Federal Student Aid), which you can access online at www.fafsa.ed.gov.

In addition to federal grants, most states have their own grant and scholarship programs. You can find a list of agencies for U.S. states and territories here. Your FAFSA application will probably cover these as well, but make sure you check to see whether any additional steps are necessary.

Significantly less federal grant money is available for graduate school. Most of what is available to grad students is targeted toward specific degrees and subjects, such as science, health, and engineering. A few of the bigger grant programs are linked to here.

Comments:

Date: Jan 24, 2011
What is the difference between a grant and a scholarship?

Date: Jan 24, 2011
Generally, a grant is from the government and a scholarship is from a school, foundation, or other non-government organization. Both are money that you don't have to repay. See our FAQs page for more info. [Judy Weightman, Content Manager, EducationOption

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