What Are Grants?
A grant is a type of financial aid that is generally not repaid and whose source could be through federal, state, or university funds.
Grants are usually need-based programs and typically awarded to students with financial need. Information provided on the Free Application for Federal Student Aid (FAFSA) determines eligibility for the Federal Pell Grant and Federal Supplemental Educational Opportunity Grant (SEOG).
To be considered for limited-fund, need-based grants, you must meet the following minimum eligibility requirements:
- File the FAFSA at fafsa.ed.gov. File by April 15th to be considered for limited-fund programs.
- Be an undergraduate student who has never earned a bachelor’s degree.
- Be enrolled as a degree-seeking student. Financial aid is generally not available for nondegree-seeking students or for continuing education coursework.
Although award amounts may differ from year to year for each grant program, the total amount of grant aid awarded rarely covers a student’s total cost of attendance. A student’s estimated cost of attendance includes estimated expenses for tuition, fees, room, board, books, transportation, and personal expenses for the academic year. Many students consider self-help assistance, such as Federal Work-Study or student loans.
[title size=”2″]What kinds of federal grants are available?[/title]
Federal Pell Grant
A Federal Pell Grant, unlike a loan, does not have to be repaid. Federal Pell Grants usually are awarded only to undergraduate students who have not earned a bachelor’s or a professional degree.
Federal Supplemental Educational Opportunity Grant
The FSEOG program is administered directly by the financial aid office at each participating school and is therefore called “campus-based” aid.
Iraq and Afghanistan Service Grant
Like other federal grants, Iraq and Afghanistan Service Grants provide money to college or career school students to help pay their education expenses. However, Iraq and Afghanistan Service Grants have special eligibility criteria.
[title size=”2″]What kinds of state grants are available in Kansas?[/title]
Career Technical Workforce Grant
Preference will be given to students with financial need, and awards will be based on enrollment in programs that are high cost, high demand or critical industry fields.