The United States of America offers monetary and lawful money in the form of grants to assist its citizens. These grants are offered by various government authorities. There are many types of grants. College grants are those, which facilitate a student to follow up on education of their selection without worrying about the money factor. Many times, these grants are not utilized by even those individuals who are qualified for it just because they are not aware of how to apply and gain one.

Not all individuals can afford college education. Most of them stick to the usual methods to fund their college education through scholarships and student loans. The best and convenient means to gain finances for your education would be through college grants. These college grants are considered as one of the greatest ways to get essential funds for your education. The United States government gives away millions of dollars annually as college grants to help scholars to finish their college education.

Scholarships and college grants are alike in the sense that they are funds that require no repayment. Not always does college grants are determined on the family’s income. A college grant is generally based on a variety of aspects, including economic need, student status, ability to pay and academic requirements. The National government and the state governments both hand out grants to the individuals. Certain National grant programs assist students in various ways. The Pell grant is one of the earliest and helps in rendering financial support for low-income students. This grant program has remained a precious source of money for undergraduate students who cannot afford college.

great academic records and excellent aptitudes for leadership and service. The third federal grant is the National Science and Mathematics Access to Retain Talent Grant. These college grants give away with at least $4000 to undergraduates studying mathematics, sciences, and computer science. State governments give grants based on the requirement, merit and the area of study.

College grants are mainly of two types – need-based grants and merit grants. Need-based grants are normally granted to those who cannot attend college without it. There are particular factors that ensure your eligibility for a need-based grant like the number of dependents in the family, family income, family assets beyond the family income, and various others. Merit grants are awarded to those who show relatively good academic record and supreme aptitudes. The eligibility counts greatly on the overall academic performance and the high school GPA.

In order to apply for college grants, you will first have to file a FAFSA. The FAFSA is the application form for most National as well as State grants.

If you are a high school student, you may be eligible to apply for High School Grants. These are Free Money From Government for everyone.