One of the most widely available college grants is the federal Pell Grant. It is important to know how much grant is available to you, if you qualify, and how you can apply.
At IntelliTec, our Financial Aid office is all about finding money to help you pursue your dreams. Even if you aren’t sure where to start, a Financial Services Representative is ready to tell you more about the options available to you.
What is a college grant?
A college grant is money that is awarded to students based on financial need. Like a scholarship, grants do not have to be paid back; they are awarded to you if you meet the financial qualifications for the grant.
The money for a college grant can be used to pay for all aspects of your college costs, from tuition to housing to other fees. At IntelliTec, you will most likely use this money towards your tuition, which includes all the fees, equipment, and books you might need for your course of study.
A grant is a great solution for those who are at a lower income level and are seeking assistance in starting their college journey.
How do I qualify for a college grant?
A college grant, unlike a scholarship, is based on financial need only. Scholarships are usually more merit-based. A grant focuses on your income and the financial need for assistance to go to school.
To find out what federal aid you qualify for, it is important to start out by filling out your Free Application for Federal Student Aid (more commonly known as FAFSA) form.
What types of college grants are there?
Based on the information that is processed through your FAFSA form, your ability to be awarded federal grant money can vary based on the qualifications for each type of grant. For IntelliTec students, the two grants that would likely be the best fit for you are either the Federal Pell Grant or the Federal Supplemental Educational Opportunity Grant (FSEOG).
The Pell Grant and the FSEOG are both types of grants that are awarded to undergraduate students. These federal grants are among the most common that students seek, making it important to fill out your forms early to qualify for these funds.
How much money can I get from college grants?
Federal college grants are always determined based on need, your student status (full-time or part-time), the cost of your program, and your plans for how long you will be in school.
The Pell Grant has a maximum award amount of $6,095 for the 2018-2019 award year.
FSEOG awards at Intellitec College typically are between $200 to $500 per year, based on availability. Check with our Financial Aid office for information on applicable qualifications for this grant.
It is worth noting that federal financial aid money can be denied based on unresolved loan defaults, Pell overpayments or drug related felonies. The Financial aid office will be able to make a determination if and how some of these obstacles can be resolved.