Grants for college are financial aid programs that provide money to students to help pay for their education. Grants do not need to be repaid, unlike loans. Here are some types of grants for college:
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Federal Grants: The federal government provides grants for students attending college or career school. Most types of grants, unlike loans, are sources of free money that generally do not have to be repaid. Examples of federal grants include the Pell Grant, the Federal Supplemental Educational Opportunity Grant (FSEOG), and the Teacher Education Assistance for College and Higher Education (TEACH) Grant.
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State Grants: Many states offer grants to students who attend college within their state. For example, the TEXAS Grant program provides aid to students with financial need who are attending a Texas public university or health-related institution. Eligible students may receive up to $5,379 per semester. Other state grant programs in Texas include the Texas Educational Opportunity Grant (TEOG), the Tuition Equalization Grant (TEG), and the Texas Transfer Grant Pilot Program.
To be eligible for grants, students typically need to demonstrate financial need, be enrolled at least half-time, and meet other eligibility requirements. Students can apply for grants by completing the Free Application for Federal Student Aid (FAFSA) or the Texas Application for State Financial Aid (TASFA) . It is important to note that funding for grants is often limited, so not all eligible students may receive funding.