How to Apply for College Grants in 2014
If you’re looking for where to get started with college grant applications for 2014, you’ve come to the right place. The first thing to remember is to apply for the FAFSA, which is the Free Application of Federal Student Aid. The application can only be completed after you and your parents have completed their income tax returns. So it is important to file the tax returns as early as possible.
The FAFSA can be completed either online or via mail. Completing the form online has its advantages, as the process is faster. You will need to apply for a PIN code and set up a profile on the official United States FAFSA site in order to start the process online, however.
The second thing to remember about applying for college grants in 2014, is that most states isssue college grants to their in-state college students. So not only can students receive college grants for the Federal government, but also from their state government (or in some cases territorial government). There are usually specific rules to make sure that the college grants are only issued to students who have official resident status of a particular state.
Students who are awarded large amounts of scholarship money can easily afford to study out-of-state. However, students who are do not qualify for full-ride scholarships should try to keep college costs down as much as possible. Studying at an in-state college is usually much more economical. First of all, at public institutions of higher learning, students qualify for a lower in-state tuition. Second of all, students may be able to qualify for additional college grant money from their state of residence. It is a good idea to keep college costs down because otherwise students can find themselves graduating with a heavy student-debt burden.
How Much is a College Grant Award in 2014?
In 2014, the most common college grant issued by the US government is the Pell Grant. Its maximum value for 2014 is $5,645. The Pell Grant is issued to qualifying students who complete the FAFSA application. The final amount awarded to each student depends on their “expected family contribution” or EFC, which is determined by the income tax returns that need to be available at the time a student completes the FAFSA. College grants are generally not distributed directly to the student. Instead they are issued to the college or university where the student is attending courses. Students generally have to contact their institution’s financial aid offices for information regarding the grant’s distribution. Sometimes the amount of college grant awards may exceed the tuition and fees of the educational institution. In such cases the extra funds can be disbursed to the student from the financial aid offices and the student can use the funds to help pay for books, room and board.
Are There College Grants Specific to My Major?
There are many college grants that will be awarded in 2014 that are specific to a particular major, or area of study. Examples include: math grants, engineering grants, TEACH Grants for education majors, and the Nursing Scholarship Program.
Can Foreign Students Apply for College Grants in the USA?
Non-U.S. citizens can also apply for college grants if they have an Alien Registration Number. Other foreigners studying in the United States are generally not eligible for college grants. However, students from abroad who have F1, F2, J1, J2 or G series visas are still advised to complete the FAFSA form and continue your seeking college aid that is sometimes regardless of alien status. The financial aid offices at one’s college or university are the best place to seek further college grant opportunities.
What to Do if the Pell Grant is Not Enough to Cover Costs in 2014
If the Pell Grant is not enough to cover the financial cost of attending college or university in 2014, it is a good idea for low-income students to apply for grants such as the FSEOG and the Sallie Mae Unmet Need Scholarship. It is also important to remember that if you study at an in-state institution you will likely receive a discounted tuition rate and can also apply for further college grants from your state government. Community college has its advantages and disadvantages, but is often a way to keep college costs down and avoid taking on debt in the form of student loans.
Where to Find the FAFSA Forms for 2014?
Since completing the FAFSA is the first step to receiving federal and state financial aid, it is important to complete the FAFSA as early as possible. You can find the forms online and there is also a help-line to call. If you have any troubles with completing the FAFSA forms, you can call 1-800-4-FED-AID. (1-800-433-3243) or visit studentaid.ed.gov/completefafsa