We want to be sure you qualify for the Financial Aid and Scholarship package that you're entitled to. At EFSC, as at any college, that process starts with filling out the online Free Application for Federal Student Aid (FAFSA) — that ensures you're considered for all aid programs that are administered by the College, including grants, work study and loans. A FAFSA also is the first step in qualifying for scholarships.
Every state maintains its own college grant programs, and they are typically only available to student residents. While it would be impossible to list every education grant from each state in the union in the space available here, the following examples will give students an idea of the types of programs that may be available through their own state governments. College-bound students are encouraged to visit their state’s higher education website for detailed information on any and all merit-based and need-based grant programs which may be available.

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.


Students receiving financial aid are required to complete 67 percent of the classes they attempt with a 2.0 GPA to continue receiving aid. For instance, you are awarded aid for Fall/Spring of the academic year, are making progress, and started in the fall semester with 12 credit hours and withdrew from a 3 credit hour class. You will have completed 75% of the classes attempted. Your aid is not in jeopardy. If you complete less than 67% the fall semester and/or your GPA falls below 2.0, you will receive a letter stating you are on warning; your aid for spring is not jeopardized. However, if you do not complete 67% of the total classes you attempt with a 2.0 GPA for the fall/spring semesters, you will be denied further aid.


Private student loans: Financing from private lenders might also be listed in your financial award letter, or you can find it on your own. Using federal student loans first is often the best move, Randolph said. However, “if you still need money to bridge the gap between financial aid and the cost of attendance, you’ll have to look at private student loans.”

Students searching for non-government funded college grants should begin by combining their status as a student (undergraduate or graduate), their field of interest and their personal background (minority status, gender, etc). Many grant programs can be found with a focused search of the internet, or through the financial aid offices of colleges and universities. This can be time consuming, but the rewards can be substantial.
Many organizations, professional associations and advocacy groups have developed a wide range of grants designed to help women take their rightful place in America’s halls of higher education. Grant programs for women are designed to encourage female students to pursue degrees, and careers, in a wide range of fields in which they have been historically under-represented. Education grants for women typically focus on disciplines in need of greater diversity, such as science, mathematics, technology and business.
One of the most significant sources of grants for college is the United State’s Armed Forces. Education grants from the military help enlisted service-members, their spouses and their dependent children, find the resources they need to pay for college. Each branch of the military, including the army, navy, air force and marines, provides financial aid programs to benefit their service-members. Military sponsored grants are also offered to the children and spouses of service-members who have been killed, or disabled, in the line of duty.
Loan programs – Such programs need to be paid back but offer help with low interest rates.  The Stafford Guaranteed Loan offers up to $6,625 per year.  The Perkins Loan program offers up to $3,000 and $5,000 a year for undergraduate and graduate students respectively. These loan programs come at very low interest rates so it is highly recommended you apply for them if you need the money for your education. The updated 2015-2016 fixed interest rate on these loans for undergrads is 4.29%; and the combined borrowing totals for direct loans can be up to $12,500 per year depending on your school year and degree.
The American Institute of Certified Public Accountants sponsors a variety of grants and scholarships for minority students pursuing a career in accounting. The AICPA Minority Doctoral Fellowship  awards $12,000 to minority students completing their doctoral program in accounting. The fellowship is open to African-American, Native-American and Hispanic students.
Federal grant programs for college-bound students form the bedrock of all financial aid in the United States. These programs should be the first stop for all students looking for financial assistance to help them pay for college. Federal education grants are funded by the government, and administered through the U. S. Department of Education. Federal education grants help thousands of students pay for college every year. Without these grants, many students would not be able to realize their higher educational goals.
Few college-bound students have the financial resources to pay for their post-secondary education entirely out of pocket. Even students with substantial college savings plans typically find that they are left with sizable amounts of unmet need. The average total cost of attending a public four-year college is more than $20,000 per academic year. Students planning to attend a private college or university can expect to spend more than $30,000 per academic year. A college education is a costly proposition, and all indications are that those costs are only going to increase.
State-funded grants for minorities promote educational diversity and increase access to college for traditionally under-represented groups. Grants for ethnic minorities—African American, Hispanic, Asian, and Native American students—target specific groups needing college cash.  For example, Wisconsin’s Minority Undergraduate Retention Grant disburses funds to second, third and fourth-year minority students pursuing college degrees or vocational training.
The Academic Competitiveness Grant is available to students who have already qualified for the Pell grant. A grant award of $750 is available to freshman students, and a further award of up to $1300 is available to qualifying sophomores. The ACG is open to students majoring in a critical need area, such as math, science, technology, engineering and foreign languages.
There are thousands of scholarships, from all kinds of organizations, and they’re not hard to find. You might be able to get a scholarship for being a good student, a great basketball player, or a member of a certain church, or because your parent works for a particular company, or for some other reason. Find out more about finding and applying for scholarships. You’ll also want to be careful and avoid scholarship scams.
Planning for college expenses is one of the biggest financial projects that a family can undertake. Four years of college can cost tens of thousands of dollars -- the average annual cost (tuition plus room and board) at private U.S. colleges is now $35,636 -- and it's increasingly easy to break into the six-figure range, especially for advanced degrees [source: Lewin]. Parents, you've probably wondered just how you'll afford to send your child to the college or university that he or she has dreamed about and earned the right to attend.
All college-bound students face enormous challenges when it comes to financing their education. Students who are fighting, or have survived, a serious disease face an additional emotional challenge as they plan for their college education. Many charitable organizations provide much needed financial support for students with severe medical conditions, helping them achieve their dreams of a higher education.
Grants for college students fall across two broad categories, depending on what eligibility requirements are attached to the funds.  Need-based grants are issued to students exhibiting the greatest levels of financial hardship in paying for college. On the other hand, merit-based grants are tied to performance-like good grades and other personal achievements.
Many organizations, professional associations and advocacy groups have developed a wide range of grants designed to help women take their rightful place in America’s halls of higher education. Grant programs for women are designed to encourage female students to pursue degrees, and careers, in a wide range of fields in which they have been historically under-represented. Education grants for women typically focus on disciplines in need of greater diversity, such as science, mathematics, technology and business.
There are thousands of scholarships, from all kinds of organizations, and they’re not hard to find. You might be able to get a scholarship for being a good student, a great basketball player, or a member of a certain church, or because your parent works for a particular company, or for some other reason. Find out more about finding and applying for scholarships. You’ll also want to be careful and avoid scholarship scams.
Students pursuing high-need fields of study, like nursing, teaching and STEM subjects may get assistance from state governments. Nursing and teaching grants are issued by states, in return for service obligations that require participants to work in under-served areas.  By committing to work as a teacher or nurse within your state, for a period of two to four years, you might receive tuition abatement that amounts to a free ride through college.  If you don’t follow through on your end of the service agreement, your grant becomes a loan that you must repay-with interest.

Federal grant programs are driven by the congressional funding that fills the coffers. As a result, maximum grant awards and general availability change every year.  Currently, annual Pell Grant award maximums hover around $5000 per student.  Some government grants, like FSEOG are distributed on a first-come first-served rotation that continues until funding is exhausted, so time is of the essence. To maximize your access to federal grant dollars, it is essential that you file your FAFSA as early as possible.


Planning for college expenses is one of the biggest financial projects that a family can undertake. Four years of college can cost tens of thousands of dollars -- the average annual cost (tuition plus room and board) at private U.S. colleges is now $35,636 -- and it's increasingly easy to break into the six-figure range, especially for advanced degrees [source: Lewin]. Parents, you've probably wondered just how you'll afford to send your child to the college or university that he or she has dreamed about and earned the right to attend.
Any successful grant search begins with knowing yourself, your status as a student and your academic interests. This will help you narrow your focus, and will allow you to eliminate those grant programs for which you are not eligible. Remember, there are need-based grants, merit-based grants and career specific grants, and the first step is understanding the type of program you’re looking for. For example, if you are an Hispanic woman going to college to become an accountant, you will want to search for grant programs that are dedicated to Latin-American female students enrolled in business and accounting studies.

Low-income and disadvantaged students qualify for general need-based aid in most states that offer it, but specific funding is also set aside for students whose access to education is severely limited by social and financial conditions.  Exceptional hardship is calculated differently in each state, but the students whose circumstances present the greatest educational obstacles are the first to be considered for state grants.
Hispanics are now the fastest growing minority population in the United States. Unfortunately, the rise in population numbers is not yet adequately reflected in the number of college-bound Hispanic students. This is beginning to change, however, and the availability of dedicated college grants for Hispanic students is on the rise. Grants for Hispanic students are supported by charitable foundations and advocacy groups, as well as by corporations and professional associations dedicated to diversifying the American workforce. Hispanic students will find a large number of grants designed to encourage them to pursue specific career paths, with an emphasis on science, mathematics and technology.
Students who withdraw from classes prior to refunds will only receive payment for credit hours for which they are currently attending. Enrollment status does affect eligibility. Please be aware that some awards may have to be reduced or canceled due to adjusting enrollment patterns. Students whose eligibility has been terminated because of failure to meet Standards of Satisfactory Progress may in certain cases request a formal review of the decision to revoke financial aid eligibility. Circumstances which may be appealed include: death in the student's immediate family, medical emergencies, accidents, divorce or separation of parents, personal tragedy, or other documented circumstances beyond the student's control which prevented him/her from meeting minimum standards.
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