Looking for College Grants?

 by: Michael Carter

Grants are a type of student aid that is awarded by the government. Grants for college students do not have to be repaid.

Grants are based upon financial need, as calculated by the federal aid program. The first step in applying for government grants is by completing the FAFSA.

Of course every student and parent would rather receive grants instead of loans, since they do not have to be repaid. So the student hopes to see a grant award when the results are returned from the application.

There are a few things to be aware of, however, when expecting a grant. The funds available for grants are limited, therefore the grant will not usually fully fund educational expenses. If the student is planning on attending a community college where tuition rates are lower, it is possible that grants will cover a greater percentage of the tuition and fees.

The second thing to be aware of is that when the need analysis is done by the government or school, the expected contribution of the parent is usually higher than in reality what is possible for most families. This expected contribution effects the amount available to the student for grants.
  (continued...)

Looking for College Grants?
  Page 2

About The Author Michael Carter is a contributor at College Financial Aid Guide, an online informational resource for educational funding, scholarships and student loans. Learn more ways to get money for college at: http://www.collegefinancialaidguide.com.

Additional Resources

category - Education Grants

What is the Difference between Getting a Federal Student Loan and a Private Student Loan?
Student loans can be very tricky, and are very confusing to most. In many situations, families are accepted for all different kind of loans and then are left in the dark when it is time to pay it back or fail to realize that they owe as much due to accrued interest.

---

USAID University Engagement through Higher Education Institution Program
The United States Agency for International Development has recently constituted the USAID University Engagement through Higher Education Institution Program wherein it seeks to hone the knowledge, research skills, and creativity of higher education campuses.

---

National Institutes of Health: Expanding the Encyclopedia of DNA Elements in Human and Model Organisms
The National Institutes of Health, in cooperation with the National Human Genome Research Institute, has established a funding opportunity to support the Expanding the Encyclopedia of DNA Elements in Human and Model Organisms project.

---

Community College Tuition is Affordable
Community colleges are local colleges that offer two year degrees and certifications. Students can take classes at community college and earn credits toward a two year or four year degree program. C...

---