Grants

Like scholarships, grants are a source of financial aid that does not have to be repaid. The most popular grant available is a Federal Pell Grant which is awarded to undergraduate students (students enrolled in a post-baccalaureate teacher certification program may also be eligible). A lesser known federal grant is the Federal Supplemental Education Opportunity Grant (FSEOG). Many colleges have available institutional grants, which can be awarded to students based on either financial need or merit.

Financial Need – This type of grant is awarded to students who require financial assistance. By completing a FAFSA, the college can determine if a student is eligible for these types of grants.

Merit – A merit-based grant is awarded to students who have demonstrated academic achievement or possess a skill or talent in a specified field such as music, athletics, drama, or art. This type of grant is not based on the financial need of the student.

Resources - The Financial Aid Office of your school will serve as your best resource for information on grants and scholarships. You may also want to visit your counselor if you are still in high school.