There are more opportunities for college students today than ever before. Our world is encouraging students to go to school. They see the rising generation as the one that will take the country farther than it has ever gone before. They see them as the future and want them to get an education. They want it so badly that they are offering students money to do it too. Private funds offer scholarships to those that excelled in high school. Schools offer similar scholarships. Banks offer loans (although they see it as an opportunity to make a buck or two). The government even takes a stand. There are several grants available to people that are simply struggling to pay for their college education.
A grant is free money given by the government for an express purpose. There are 4 grants available for students to apply for.
First, there’s a Federal Pell Grant—which is by far the most popular. You can receive anywhere between a few hundred to several thousand dollars to help pay for tuition, books and housing. The government affixes a base amount to be given to your college. Visit the financial aid department to find out how to apply and do it early. Once they give the money away, they can’t get anymore. So be early to better your chances of receiving financial aid.
Next, there’s a Federal Supplemental Education Opportunity Grant. These grant between $100 and$4,000. They are reserved for the students in the direst need. Your college’s financial aid department can help you determine if you qualify for this and will help you apply.
Next, state grants can help you out too. Your state likes to get involved and often sets aside money to help students. These programs differ by state, but you can find out more about them on your state’s student-aid or higher-education commission websites.
Fourth, institutional grants that the college grants itself. Again, these grants are based upon the good will and financial circumstances of your college. Defer to your financial aid office to find out what’s available to you in the form of an institutional grant.
The 2 secret ones are an extension of the Federal Pell Grants. Those going into math, science, or social science majors can apply for the Academic Competitiveness Grant which will give you up to $750 for the first year and $1,300 for the second. They are also able to apply for the National SMART Grant. This grant can give up to $4,000 a year for the third and fourth year of college. These grants are available to math and science majors only, so if you fall under that category, see what you can do to take part in these grants.
People want to help students succeed. Those people can include the government. When you need financial help, look to them to help. At Check City we want to help as well, sometimes these grants can take some time to come in, so if you need a short term loan or free money order from your parents to hold you over until your grant money comes through visit us online or at a Check City location nearest you.