Many grant programs exist to serve the needs of minority groups who have a history of being under-represented in the American higher education system. While great strides have been made over the last few decades, more work needs to be done to expand and diversify the American collegiate student body. Grants for minorities, and for women, are sponsored by a variety of sources, including state and Federal governments, professional associations, corporations, colleges, universities, charitable foundations and advocacy groups.
The majority of students applying and receiving college grants are low income students, also called need-based grants. Need based college grants are to give everyone a fair opportunity to get an education. Some common need-based grants are the Pell Grant, a Scholarship for Disadvantaged Students, and several others. The first place you should apply is called the FAFSA.
States issue need-based grants to students who need help paying for school. If your EFC is low, and your federal financial aid doesn’t cover your tuition, state grants boost your college fund when you need it most. For instance, Minnesota Office of Higher Education provides state grants to low and moderate income students, with nearly 80% of funds distributed to students with family incomes below 50K/year.
Grants for undergraduate students are a large part of the financial aid landscape. These programs may provide general grant funding for students pursuing any number of degrees, or they may be specific to undergraduates enrolled in science, mathematics or engineering courses. Grants for undergraduate students are available from Federal and state governments, colleges and universities, corporations and professional associations.
African-American students will find a wide range of grants designed to help them pursue their dreams of a college education. For too long African-Americans were under-represented in the halls of academia. But with the help of publicly and privately funded grant programs, they are beginning to take their rightful place on college campuses across the country. Over the last decade, the number of African-Americans graduating with a four-year degree has risen sharply, and dedicated grant programs for African-American students are helping more and more students of color pursue their dreams of a higher education.
Students that never attend, stop attending, or withdraw from all classes will be required to repay some or all of the Pell Grant and/or SEOG and subsidized or Unsubsidized loan funds originally awarded. A federal formula will be applied based on student's last date of attendance, percentage of the payment and period attended. If the formula indicates an amount “unearned” a repayment of aid will be necessary. There is no appeal available for Repayment of Federal Funds.
The Susan G. Komen Foundation is one of the best known advocates for the treatment and prevention of breast cancer. The foundation sponsors both grants and scholarships for students who have lost a parent to breast cancer. Awards of up to $10,000 are available, and are decided on a combination of scholastic achievement, community service and financial need.
Begin your grant search early, to allow yourself plenty of time to find, and apply to, the various grant programs for which you may be eligible. As you begin to search for possible education grants, you will find that they come in all shapes and sizes. You will also find that many grant programs may be found in the most unlikely of places. Look deeply, leave no stone unturned, and you may find the necessary education grants that will help meet your college costs.
The Federal TEACH Grant – The TEACH Grant is an example of an award-for-service program. The grant provides Federal funding to students who agree to take up a teaching position in a high need field, or critical shortage facility, following graduation. Recipients must sign a contract agreeing to a predetermined time of service. Students who fail to fulfill their teaching obligations will have their grant revert to a student loan, and will be responsible for the full repayment, plus interest, of that loan.
High school guidance counselors and college aid officers are there to help students plan for a successful future and find financial aid. They provide individualized advice based on a student’s academic and financial situation. A counselor will also be aware of scholarships, financial aid, or tuition-assistance programs specific to a student’s school, community, or state.
Women make up 51% of the population of the United States, yet are still considered a minority. While the numbers may prove that women are a majority of the American populace, they unfortunately remain under-represented on most mainstream college campuses across the country. Private women’s colleges have a long history of providing solid educations with an emphasis on career self-sufficiency. But the need for greater diversity at mainstream colleges and universities still remains, as does the need to diversify the American workforce.
You must complete the Free Application for Federal Student Aid (FAFSA). This form allows you to apply for all types of aid. There are not separate applications for each type of aid. This form is all you will need to apply. The financial aid process is a lengthy one. The best advice is to get this form in as early as possible, as any delays may affect the timeliness of your award.