The width and breadth of the student population in the United States continues to grow and change as more and more students head to college to improve their education and professional opportunities. The American collegiate population is made up of a diverse array of students of all types and backgrounds. Grants for college-bound students are often designed to benefit specific types of students, and to address their particular financial needs. The most common student-specific grant programs fall into the following categories.
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.
Grants for non-traditional students are sponsored by variety of different sources, including state and local governments, corporations, advocacy groups and professional associations. These programs provide vital financial assistance to those non-traditional students who are looking to improve their lives, and the lives of their families, through higher education.
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.
Federal Grants – Pell grants can offer up to $5,775 yearly (updated for 2016) for undergraduate studies that aim on earning Bachelor’s degrees and Professional degrees. SEOG funds (Federal Supplemental Education Opportunity Grant) can offer up to $4,000 each year per person. CWS funds can offer money to part-time students as well. The Academic Competitiveness Grant awards money to freshman and sophomores, while the National Science and Math Access to Retail Talent (SMART) Grant awards money to juniors and seniors.
Once you receive your SAR, you must contact the Financial Aid Office to see if any information is needed to complete your financial aid file. The information from your SAR will be forwarded electronically to EFSC but it may be necessary to submit additional documentation. Your SAR is not a financial aid award. EFSC will send you an Award Notice informing you of the aid for which you are eligible.