If you are thinking of going to college any time soon, then you should be worrying about where to get your money to fund your college education. Unless you’re a child of a very well-off family, chances are, your family alone will not be able to shoulder the high tuition fees and other matriculation costs. However, there are lots of ways to get financial help from the government: all you need to do is look and apply for federal grant opportunities.
The truth is, there are lots of federal grant opportunities for education. And another truth is that, there are not too many students taking advantage of these grants. Therefore, applying for federal grants will be easy for you, and most certainly, you will get lots from these grants, depending on your level of financial need.
Most importantly, grants do not necessitate you to repay the government, because it’s not a loan. It is given to you for free, which is very essential when you want to graduate without any financial burden on the horizon.
The most popular of all educational federal grant opportunities is the Pell grant, which gives financial aid to students who can demonstrate an unusual financial need. This is based on the income of the family, and the family’s expected contribution to the student’s education as well. As long as one is eligible for postsecondary education, qualifying for a Pell grant is almost always a certainty.
Federal Supplemental Educational Opportunity Grant (FSEOG) usually goes hand-in-hand with the Pell grant. This can be considered an “extra” grant for students who can demonstrate “exceptional” financial need. So, along with the Pell grant, those really financially hard-up students can apply for the FSEOG as well.
Academic Competitiveness Grants base the granting on academic excellence, preferring students who have show exceptional performance in their secondary education. There are lots of other federal grant opportunities similar to the ACG, but ACG is the most popular among the aptitude-based grants in the country.
All you need to do to apply for any of these grants is to get a FAFSA form (Free Application for Federal Student Aid). You may apply to one or all of these grants, as long as you can consider yourself to be eligible in the grants that you’re applying for. It is not really difficult, although you need some documents such as your parent’s income statements just to ascertain that you indeed have remarkable financial need.