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.
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.
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.
Some college grant programs are open to all students regardless of background or field of study. These are considered General Grants, and typically are decided according to financial need and academic performance. A great number of college grants, however, are designed to target specific portions of the population or students pursuing particular degrees or career paths. These can be broken down into the following categories.
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.
Completing a FAFSA can be a time-consuming process that some students or parents might be tempted to skip. “On one end of the spectrum, you have students that don’t think they qualify for aid so they don’t [apply],” Randolph said. “On the other end, you have students that are so confused by the application, verbiage, and choices, that they struggle, perhaps even to the point of not finishing the FAFSA.”
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.
Students ineligible for federal aid but who meet state financial aid program and residency requirements should complete the Washington Application for State Financial Aid at readysetgrad.org/wasfa instead of the FAFSA form. Contact the Washington Student Achievement Council (readysetgrad.org/wasfa) or your financial aid administrator for more information.