A grant is an award that you don't have to pay back. Along with scholarships, grants are one of the most attractive types of aid. If your chosen school offers you a grant, accept it!
A grant by any name is fantastic:
- The Pell Grant and the FSEOG are offered to students based solely on exceptional need.
- The Teach Grant is an award to benefit current and prospective teachers with demonstrated need.
- The Academic Competitiveness Grant (ACG) is awarded to (Pell-eligible) students who complete a rigorous high school program. To renew the grant, a student must maintain a 3.0 GPA during their first academic year.
- The National SMART Grant is available during the third and fourth years of undergraduate study to full-time (Pell-eligible) students who are majoring in physical, life, or computer sciences, mathematics, technology, or engineering or in a foreign language determined critical to national security. Students must maintain a 3.0 GPA.