Grants
A grant, unlike a loan, does not have to be repaid. The most common form is the Federal Pell Grant; it is awarded using FAFSA to determine eligibility and awarded to undergraduate students who have not earned a bachelor’s or a professional degree. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and nonfederal sources might be added.
Other grants include:
- Federal Supplemental Education Opportunity Grant (FSEOG)
- Academic Competitiveness Grant
- National SMART Grant
- TEACH Grant
- Institutional Grants
For more information about federal grants, click here.
