Not yet registered? Create a OverBlog!

Create my blog

Where to get federal grants to pay college tuition fees

Having the opportunity to go to college is great. However, not everyone has this opportunity. College education is very expensive, and not everyone can afford to go to college because of the tuition cost. For those individuals who cannot pay for college, they should not get discouraged, because there is so much free money available to help everyone receive a college education. The most popular source of free money for a college education comes from federal college grants.

Types of Federal grants

Federal Pell grant
A Federal Pell grant is one of the most popular grant programs available from the U.S. government, and it is based on student’s financial needs. The Federal Pell grant has been around since 1972, and it mostly provides funding for low-income students. For those students applying for a Federal Pell grant, they do not have to be the smartest kid in their class because the Federal Pell grant is not based on academic requirements. As long as a student attends an eligible school, they can qualify. Eligibility requirements
To be eligible for a Federal Pell grant, a student must be going for their first undergraduate degree, and they must be a U.S. citizen with a high school diploma or a GED. Federal Supplement Education Opportunity Grant A Federal Supplement Education Opportunity grant (FSEOG) is a grant based on financial needs, and it is available to full-time and part-time students. This grant award funds in the range of $100 to $4000, for those individuals who qualify. Eligibility requirements To be eligible for the Federal Supplement Education Opportunity grant, the person applying must be an undergraduate student who is in desperate need of financial assistant, and they must have already received a Federal Pell grant.

The Higher Education Reconciliation Act of 2005

The Higher Education Reconciliation Act of 2005 has established two new grant programs which are the academic competitiveness grant (ACG), and the national smart (science and mathematics access retain talent) grant. These grants were established to help encourage high school students to take more demanding courses while in high school, with the hope of them majoring in subject areas with a high demand. The high demand subject areas include science, mathematics, technology, engineering, and foreign language.

Same category articles Banking

How to select a home mortgage lender

How to select a home mortgage lender

Purchasing a home is one of the biggest investments that you do in life. As such, it should be done carefully because this is where you are probably going to spend the rest of your life living. Most people buy their homes using a mortgage loan, it is therefore important to use the best home mortgage lender available. You do not want to deal with a lender who has a bad reputation and lose out in the end.
Instant payday loans: The facts

Instant payday loans: The facts

Payday loans are small scale borrowing for short periods of time. This system has some very clear short term advantage, but also has its critics claiming these online lenders are little better than loan sharks.
How to get cash loans with no credit check

How to get cash loans with no credit check

You will find that a no-credit check cash loan can be the best and probably the only solution when trying to become debt free. This type of loan is where the lender gives the applicant a sum of money without doing a credit check and investigating the applicant’s history before agreeing to any terms. There are many people whi use these instant loans to settle short-term debt or credit card debt.