Grants, especially government grants, are some of the best financial aid available, and typically base themselves on need. Like scholarships, grants do not usually require repayment. There are many kinds of student grants available at national, state, college, and organizational levels.
These grant programs also come with basic set of requirements, but they can vary depending on which ones you apply to receive. Typically, though, eligible students must meet all of the following criteria:
- U.S. citizens, nationals, or permanent residents;
- have a valid Social Security number;
- demonstrate financial need; and
- be enrolled or accepted in a college or university accredited by a USDE-recognized institution.
Students must also complete a Free Application for Federal Student Aid (FAFSA) form, which states that they are not in default on a federal student loan and don’t owe money on a federal student grant. They must also state that the grant money will only be used for educational purposes.