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Grants From The U.S. Government That You Should Know

Auther: Usseek

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

  1. Foster care youth
  2. Students pursuing certain notified streams of education
  3. Students with physical disabilities
  4. Veterans and members of U.S. defense
  5. Members of unscheduled and unrepresented groups

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:

  1. a) PELL Grant: It is the “Mother of all Grants”. The Pell Grant is free money from the government which does not require to be repaid. However, the recipient student must meet the program requirements and must remain enrolled during the tenancy of the grant program. It is worthwhile to note that Pell Grant is awarded to students who can show the requisite level of financial need. In other words, the financial need forms the basis of receiving this grant.  Students applying for the federal Pell Grant must first fill out and submit the Free Application for Federal Student Aid (FAFSA). The FAFSA process will determine the student’s Expected Family Contribution or EFC.
  2. b) Academic Competitiveness Grant: This grant is available for the first two years of collegiate education. Students must remain enrolled in the college to avail the benefits of this grant.
  3. c) SMART Grant: Also known as National Science and Mathematics Access to Retain Talent (National SMART Grant) Program, is designed to meet the growing need for improved math and science instructions. This grants program encourages students to take more challenging courses in high school and to pursue college majors in high demand in the global economy, such as science, mathematics, technology, engineering, and critical foreign languages.

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.