College Grants

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College Grants
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What are College Grants

• College Grants are provided to a variety of
  individuals so that lack of money doesnt stop
  them from pursuing education.
• These also help displaced workers who need to get
  retrained in order to re-join the workforce and
  students enrolled in a post baccalaureate
  teaching certificate program.

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Requirements to Receive Funding

• The basic requirement for this is that a person
  wishing to apply needs to prove their financial
  need.
• A great aspect about this kind of funding is that
  there is no obligation on part of the person
  receiving it to repay it.
• Also, applicants dont need to have a great
  credit to get these grants and there are no
  application fees.

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Funding at the State and Local Level

• Funding for education is also available at the
  State level. Many states have minority funded
  grants, low income and disadvantage student
  grants and grants for students pursuing a high
  demand field such as medical or education.
• You need to check with various schools about the
  opportunities they have. A schools financial air
  office usually has this information and can
  provide detailed information to a candidate
  regarding the same.

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Types of Education Grants

• There are various types of grants that are
  awarded for a specific purpose. A description of
  these grants follows in the slides ahead.

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Federal Pell Grant

• This need-based grant is awarded to low-income
  undergraduate students and some students enrolled
  in a post-baccalaureate teaching certificate
  program.
• Pell Grants are free and do not have to be repaid
  like student loans.

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Federal Supplemental Educational Opportunity Grant

• Undergrad students holding Pell Grants and having
  great financial need can get this grant.
• Students can get 100 to 4,000 each school year
  depending on the student's financial need, the
  college they are attending and other school
  financial aid policies.

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Academic Competitiveness Grant

• This supplemental grant is awarded to first and
  second year students who demonstrate academic
  merit and were also awarded a Federal Pell Grant.
  
• Students can get 750 for their first year of
  study and another 1,300 for their second year.

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National SMART Grant

• The National Science and Mathematics Access to
  Retain Talent (SMART) Grant is a supplementary
  grant awarded to science, math, computer,
  technology and engineering students who are in
  their third or fourth year of study.
• This 4,000 grant is awarded to students who are
  eligible for Pell grants.

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TEACH Grant

• This 4,000 grant is awarded to undergraduate,
  post-baccalaureate and graduate students who
  promise to teach in an elementary or secondary
  school (public or private) that caters to low
  income students.

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Summary

• College grants are provided to students who
  demonstrate financial need, displaced workers who
  need to get retrained in order to compete and
  re-join the workforce, and students enrolled in a
  post baccalaureate teaching certificate program.
  This particular type of grant does not need to be
  repaid by the student and there are no
  application fees. Also, you dont need to have a
  good credit to apply.

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• For more information, please visit
• All American Grant Guide