Benefits and opportunities in Free College Grant

It is often difficult for college students to pay their college fee, post their secondary education. The cost of attending a four-year college course usually turns out to be $20,000 to $30,000 for the course. It is in such situation that the role of Free

College Grant Money comes into prominence.

How are Free College Grants different from Student Loans?

Unlike in the case of student loans, the Grants for College Students do not require any kind of repayment.

Federal Grants

All financial aid programs in the US generally fall under the preview of federal grants and are used through Free College Grant Money program. These Free College Grants program are funded by the US Government and are generally administered through the Department of Education in the United States. These grant programs have helped thousands of students in the US completed their academic degree every year successfully.

Following Federal grant programs are being implemented currently:

Federal Pell Grant: One of the key Grants For College Students program in the US is the Federal Pell Grant program. It has been helping students in the US since 1972 fund their education programs. This is the most popular federal grant program and students have been benefiting from the same since long.

Federal Supplemental Educational Opportunity Grant: This Free Grants for College Students program has been designed to provide financial assistance to needy undergraduate students. This program is funded by the Federal Government and is being implemented through financial aid officials of colleges and universities which participate in this program.

Students who desire to avail assistance in this program are required to apply through their colleges and the grant is offered on first come first serve basis.

Federal TEACH Grant: This Student Grants for College is a key example of the award for service program in the US. This grant is given to students who agree to take up a teaching position in a highly needful environment or in places where the faculty is in shortage.

Students who intend to receive this Government Grants for College education need to sign a contract through which they agree to serve for a fixed duration of time. It should be understood that in case of this grant, the students who fail to meet the set criterion will have their grants converted to loans which will then have to be borne by the student.

State Grants

Some Free Grants for College Students are also available through the State Governments in the US. Every state in the US has Department of Education which keeps a tab on such requirements and generates funds for the same. These Government Grants for College in the states are funded through support from state and local taxes and through the state lottery funds.

States in the US are known to offer career specific grants and grants for high demand courses like nursing and teaching.

These grant programs vary widely as per states and the needy students can seek assistance from Department of Education in the respective states.

Student Specific Grants

Free Grants for College Students in the US fall under specific categories with the major once being student specific, subject specific, degree level specific and minority-specific. It is however certain that a needy student if they apply well in time, are likely to receive Grants for College Students under any of these categories and can realize their dream of attaining a professional degree which will help them progress personally and professionally throughout life and career.