Grant Money For College Education

With the job arena still very clearly demonstrating the recent recession in the economy

, more and more jobseekers are unfortunately finding that the jobs available are going to people that have higher college educations. Just like any difficult situation, there are a couple of ways to respond to this fact; one is to be upset that you are getting passed over for positions you easily qualify for simply because you do not have the required diploma. The other way of responding is to acknowledge that in this day and age, corporate hiring teams require that new employees be highly educated, and start looking ways to pay for some advanced schooling. One of the many grants for a college education would be an excellent option to research.

For the most part, there are four types of federal and state government agency grant programs available to those who are interested in securing grant money for a college education: the FSEO Grant, the Pell program, the Academic Competitiveness Grant, and the SMART program. All four grants are operated by the United States Federal Government, in which money is granted to a qualifying individual for a university-level education, and because these are grants - the money never needs to be paid back to the granter. All four programs mandate that you submit the FAFSA application for Federal student support, and some require that you meet other standards too. Let's take a quick look at each program, what the program is, and who qualifies for it.

The FSEO Grant, or Federal Supplemental Equal Opportunity program, is awarded based on monetary need of the applicant. Individuals who are awarded this grant demonstrate a measurable financial need and are given a pre-defined amount of grant funds according to how much FSEO money their respective educational institution has, and on how much financial assistance they are receiving from other fiscal sources.

The Pell program provides more financial assistance than the FSEOG, with less stringent financial need requirements. Naturally it has additional suitability stipulations like attending an eligible school, making good grades in your classes and of course, being a US citizen or resident. For younger students, this option may be best saved for when you no longer have to record your family's income on the FAFSA application.

The Educational Competitiveness grant only applies to first and second year students, and is primarily based on how difficult your studies were in earlier schools. Each state holds its own opinion of what a "difficult" course of study in high school is and these courses can be research on the US Department of Education's official web site. Along the same vein, the SMART Grant, or Science and Mathematics Access to Retain Talent program, is addressed at the third and fourth year level with students enrolled in technical fields of study like mathematics and various types of engineering.

If by some remote chance you don't qualify for any of the programs discussed above and find that you cannot apply for a government grant - then you may need to expand the scope of your search. There exist a large number of available grant programs and other financial assistance initiatives that will contribute large sums of money to send qualified individuals to college for a higher education. For example, the American Medical Association sponsors a number of programs that will train doctors and other medical personnel. And if for some reason you have expended all available grant programs without success, there are a number of low cost loans available from state and federal government agencies and non-profit foundations that are pretty easy to apply for and nearly any college student should meet the requirements for.

by: Teddy Gottar

POST COMMENT

Lower Your Marketing Costs With 6 Cost Effective Ways! Thinking Forward With Storm Water Management Tips For Finding The Lowest Mortgage Rates In Your Area The Fight Against Water Pollution Advantage Of Web Conference Calling Services One Way Of Preventing Foods And Erosion Merchant Accounts: Helpful Tips For The Online Business Owner Comparison Shopping Sites- Offering Great Services To Customers Leather Manufacturers Gain From B2b Sites Choose Active Management For Comprehensive And Low Cost Medical Billing Changing Dynamics Of Uae Power Market Loan Agreements - Easy-to-find Loan Agreement Forms, Loan Contracts And Business Loan Agreements How You Can Access Shareholders Agreements And Shareholders Agreement Templates