Getting a Pell Grant is a great start when you need financial aid for college, but it is not the end-all, be-all when it comes to financial aid. If you still need money for school even after you have received your Pell Grant funding it is critical that you at least gloss over the following descriptions of some of the more popular federal education grants, as these can provide you with the additional money you need to pay for even an expensive four-year private university.
The Academic Competitiveness Grant: ACG Grant
The Academic Competitiveness Grant is a federal award that can provide you with up to 750 dollars during your first year of study, and up to 1,300 dollars during your second year of undergraduate coursework. The ACG grant is geared towards providing students who have achieved academically money towards their higher education, and is therefore only disbursed after a student has completed a fairly rigorous curriculum.
The National SMART Grant
The National SMART Grant, otherwise known as the National Science and Mathematics Access to Retain Talent Grant, is a federal education grant that is focused on providing money to students during their third, and fourth years of undergraduate study who are participating in certain majors. Engineering, mathematics, technology, science are a few of the common degree programs that may qualify a student to receive this award. You can expect to receive up to 4,000 dollars per year during your junior and senior years if you are able to qualify.
The Federal Supplemental Education Opportunity Grant
The FSEOG Grant, or Federal Supplemental Education Opportunity Grant, is an award that is provided by the federal government which is designed to benefit students that exemplify a very high financial need for additional monies to attend their postsecondary institution of choice. Most FSEOG awards are provided to students with very low EFC values, and unless your EFC is at, or close to zero, there is very little chance that you will be able to secure this award.
If you are fortunate enough to qualify, you can expect to receive between 100, and 4,000 dollars for each academic year you were able to receive the award. The FSEOG grant can be acquired for each year you are still an undergraduate student.
The TEACH Grant
The Teach Education Assistance for College and Higher Education Grant Program, or TEACH Grant, is an award that is designed to benefit students who are willing to serve as either elementary, or secondary school teachers for students who come from lower-income families upon graduation. Award amounts total up to 4,000 dollars per year of undergraduate study, and the key things that you need to pay attention to if you want to be able to secure this award are your academic performance, and your ability to commit to such an obligation upon graduation.