Important Things to Know about Grants and Scholarships Offered by Federal Govt

The education system in the US is known for various types of scholarships and grants that help the students to pay out sky-high annual tuition. With this free financial aid, anyone can get in his/her favorite college or university and pursue the subject of his/her choice. However, in the meantime, you should understand that there is a difference between grant and scholarship; the former is based on one’s needs and the latter depends on merit.

Can Anyone Get Federal Grant in the US?

U.S. Department of Education provides exceptional students with a wide range of federal grants for attending universities.

The number of learners getting grants and scholarships for college may seem little but nothing is impossible if you excel at academics or are eligible for the scholarships and grants.

How to Find Scholarships?

While being busy with exams and extracurricular activities, you often find yourself drowning in the pool of information or utilizing proper channels to collect the information. One of the easiest ways that a student can use to acquire knowledge of scholarship or grant is to inquire at school.

Moreover, one should be careful about the Grants and Scholarships for College because they are various fraudulent companies devise scams to dupe the pupils. Here are few of the resources that a student can use for acquiring information regarding scholarships and grants,

• State grant agency
• Ethnicity-based institutions
• TRIO or high school counselor
• Federal agencies
• Reference section at library
• Religious or community organizations
• Free scholarship search tool by US Department of Labor
• Financial aid office at career school or public school

List of Student Grant Programs

Paying heed to the fact that the grant programs are much-required for the students attending universities or colleges, the grants can make the path of studying easier for all. The concept of the grant is completely different from that of the loans where one has to repay the amount within a stipulated time. In a nutshell, the grants do not require the students to repay the money and act more like a financial aid.

TEACH Grant

Teacher Education Assistance for College and Higher Education, popularly known as TEACH Grant is received by the students who take undergraduate, graduate or postgraduate programs and work through to become a teacher in elementary or secondary school. The amount of this type of grant is up to $3,736. In addition to the context, one has to serve four-eight years in an academic program following the role of a full-time teacher in an educational institution or school serving students coming from below poverty line.

Federal Pell Grant

The students receive up to $6,095 following the eligibility criteria which restricted to 12 semesters. Additionally, undergraduate students who are in dire need of money can get the grant. It is to note that the students must not have a graduate degree for being eligible for this specific grant.

Iraq and Afghanistan Service Grant

The students who have lost legal guardian due to the military service in Iraq and Afghanistan after 9.11 are eligible to receive the grant money which is up to $5,529. Moreover, the student has to be under 24 years and taken admission in a career school or college during the demise of the legal guardian. One also has to remember that the students have to be eligible for the federal pell grant.

Under certain circumstances, the learners may have to return the grant amount; especially, when the person does not complete entire semester program. It is always to better to visit the official websites of government Student Aid for acquiring information regarding the grants in details.