Top 5 Education Grants for Low-Income Students
As the cost of higher education continues to rise, low-income families are struggling to make ends meet. However, there are grants available to help these families fund their children’s education. In this article, we’ll explore the top five education grants for low-income students.
1. Federal Pell Grant
The Federal Pell Grant is a need-based grant for undergraduate students who demonstrate financial need. This grant currently provides up to $6,345 for the 2020-2021 academic year and is renewable for up to 12 semesters. To apply for the Federal Pell Grant, students must fill out the Free Application for Federal Student Aid (FAFSA).
2. Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant (FSEOG) is a grant for undergraduate students with exceptional financial need. This grant provides up to $4,000 per year and is awarded on a first-come, first-served basis to students who have already received a Federal Pell Grant. Students must also fill out the FAFSA to be considered for the FSEOG.
3. TEACH Grant
The Teacher Education Assistance for College and Higher Education (TEACH) Grant provides up to $4,000 per year to undergraduate and graduate students who are pursuing a teaching career in high-need subject areas in low-income schools. To qualify for this grant, students must agree to teach for at least four years in a school that serves low-income students. Students must also maintain a GPA of at least 3.25 and fill out the FAFSA.
4. State Grants
Many states offer grants to low-income students who meet certain eligibility requirements. These grants vary in amount and eligibility criteria, so students should check with their state’s financial aid office to see if they qualify.
5. College-Specific Grants
Some colleges and universities offer their own need-based grants to low-income students. These grants are awarded on a case-by-case basis and vary in amount. Students should check with their college’s financial aid office to see if they qualify for any college-specific grants.
In conclusion, there are several education grants available to help low-income students fund their education. Students should thoroughly research these grants and fill out the necessary paperwork to qualify. With the help of these grants, low-income students can achieve their academic goals and break the cycle of poverty.
