Created On: 9/17/2019 6:30:00 PM
Grants From The U.S. Government That You Should Know
Grants from the government, government grants for students
Every year the U.S. Government funds colleges and universities which are expended by them to cover educational programs and allied costs. These grants from the government are dispersed to fund the collegiate education of the students. Apart from these, there are grants from State governments, corporations and private entities which go directly to the students. However, the U.S. Federal Government which finances the educational expenses of the students is the largest grant giver.
Depending on the eligibility parameters attached to the grants, primarily, the government grants for students are of two types – need-based grants and merit-based grants. As the name suggests, the need-based grants are issued for students who are hard-pressed to fund their collegiate education whereas the merit-based grants are for students who exhibit good grades and other personal achievements in sports, hobbies, ethnicity, religion and in their respective communities. Typically, these grants from the government, unlike scholarships, need not be re-paid.
To be inclusive, the Federal government of the U.S. has several grant programs to cater to diverse categories of students. These grants are available to a specific segment of student population like
These special category grants have specific eligibility norms that should be met before the students get the grants under this quota.
The Federal Government Student Grant programs are disbursed through colleges to meet the expenses of books, tuition fee, housing and boarding and allied education expenses of students. Basically, the most common Federal Grants for students are:
d) Federal Supplemental Educational Opportunity Grant (FSEOG): A Federal Supplemental Educational Opportunity Grant (FSEOG) is a grant for undergraduate students with exceptional financial need. However, all schools may not participate in this program. Students qualifying and willing to apply for this FSEOG must first verify if their school/college has the program. They must also fill out the FAFSA so that the institution can determine applicants’ financial need.