Introduction
Education is the backbone of society. However, the cost of getting an education can be a significant barrier for many people. Fortunately, several organizations offer education grants to help cover some of the expenses associated with pursuing a degree. In this article, we will highlight the top five education grants that you should apply for today.
The Pell Grant
The Pell Grant is the most famous federal grant available to students. Every year, the United States Department of Education awards this grant to students who demonstrate the financial need to pursue a degree. The grant can be used to cover tuition, books, and living expenses while attending college. The maximum amount of money a student can receive from the Pell Grant is $6,495 per year. To apply for this grant, you must complete the Free Application for Federal Student Aid (FAFSA).
FSEOG Grant
The Federal Supplemental Educational Opportunity Grant (FSEOG) is another federal grant available to students demonstrating significant financial need. This grant provides additional funding to Pell Grant recipients, with typically no more than $100 to $4,000 per year. It’s essential to apply early since FSEOG awards are distributed on a first-come, first-served basis.
TEACH Grant
The Teacher Education Assistance for College and Higher Education (TEACH) Grant is exclusive to future teachers. Provided by the federal government, the grant offers up to $4,000 per year to those who plan to teach in low-income areas. Recipients of this grant must commit to teaching for at least four years in a low-income school or educational service agency.
The Fulbright Grant
The Fulbright grant is an excellent option for students and professionals looking to explore global opportunities. The grant, named after Senator J. William Fulbright of Arkansas, offers funding for research, lectures, and other professional development activities in more than 160 countries worldwide. The Fulbright grant provides several benefits, including living expenses, health insurance, and travel costs.
State Grants
Many states offer education grants to their residents. For example, the California Student Aid Commission offers Cal Grant Scholarships to any resident pursuing an undergraduate degree. Some states have residency or merit requirements. Check with your state to determine the grants available and how to apply for them.
Conclusion
Going to college has never been more accessible with the availability of education grants. While there are many education grants available, we’ve outlined the top five you should apply for today. Remember to complete your application early to increase your chances of being awarded these funds – heeding the deadlines given for the various grants is the key to landing that much-needed financial help!