Grants are funds that do not have to be repaid. Student eligibility varies with each grant program. All grant programs require the student to complete the Free Application for Federal Student Aid (FAFSA) .
Federal Pell Grants
A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded usually only to undergraduate students who have not earned a bachelor's or a professional degree.
The amount a student will receive, though, will depend not only on financial need, but also on the costs to attend school, your status as a full-time or part-time student, and your plans to attend school for a full academic year or less.
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Federal Supplemental Educational Opportunity Grants
Federal Supplemental Educational Opportunity Grants (FSEOG) are for undergraduates with exceptional financial need. Pell Grant recipients with the lowest EFCs will be the first to get FSEOGs. Just like Pell Grants, FSEOGs don't have to be paid back. You can receive between $100 and $4,000 a year, depending on when you apply, your financial need, and the funding at Athens State University.
National SMART Grant Program
The Higher Education Reconciliation Act of 2005 (HERA) created two new grant programs for full-time students at degree-granting institutions who are eligible for Federal Pell Grants and are U.S. citizens. An eligible student may receive a National SMART Grant of $4,000 for each of the third and fourth academic years of study. To be eligible for each academic year, a student must:
- Be a U.S. citizen
- Be a Federal Pell Grant recipient
- Be enrolled full-time in a degree program
- Be enrolled in a four-year degree-granting institution
- Have at least a cumulative 3.0 grade point average on a 4.0 scale; and
- Major in Biology, Chemistry, Computer Science, General Science, Instrumentation, Mathematics or Physics
NEW! Teacher Education Assistance for College and Higher Education (TEACH) Grant
The new TEACH Grant Program provides up to $4,000 a year in grant aid to undergraduate students and students enrolled in post-baccalaureate teacher credential programs. Eligible undergraduate and post-baccalaureate students may not receive more than $8,000 in total TEACH Grants.
Alabama Student Assistance Program
Alabama Student Assistance Program is a need-based state/federal grant ranging to $2500 per academic year. Awards are limited to undergraduate work for students who are Alabama residents.
Bureau of Indian Affairs Higher Education Grant
Bureau of Indian Affairs-Higher Ed Grants are provided to supplement financial assistance to eligible American Indian/Alaska Native students entering college seeking a baccalaureate degree. The Higher Education Grant Program is not an entitlement program. Students do not automatically receive funding because they are American Indian/Alaska Native. Students must meet certain criteria in order to apply for a Higher ED Grant. More information on BIA grants is available http://www.oiep.bia.edu/. The grant application is available from the education office of the Tribe in which you are affiliated or possess membership. As the majority of federally recognized tribes are administering the grant program for their tribal members, call your tribe first. A Tribal Directory is located http://www.doi.gov/bia/Winter2007-TribalLeaders.pdf. Information on tracing Indian Ancestry is located @ http://www.doi.gov/ancestry.html.
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