Low income student grants are among the most popular. It may not sound fair, but the lower your (or your family) income the better chance you have of receiving an award. This is particularly true when it comes to grants from the government.
The process you follow to find and apply for low income college grants will determine your success.
Low Income School Grants from the Federal Government
Before you consider any other source, apply for federal government low income grants.
Federal Pell Grant
Your eligibility for this grant cannot be determined until you file the Free Application for Federal Student Aid (FAFSA). This form is used to calculate your Expected Family Contribution (EFC).
When completing the FAFSA it is important to be 100 percent accurate and honest. You will need the following information:
- Most recent tax return
- Most recent tax return of your parents
- Bank statements
- Driver’s license
- Social security number
Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Pell Grant may be the most common low income grant from the government, but it is not the only one. For students with an even lower income the Federal Supplemental Educational Opportunity Grant is a possibility.
Minority Low Income Grants for College
Students of Hispanic, Native American, and African American descent, among others, often times qualify for minority low income grants.
Some schools are required to meet an “ethnicity quota.” In this case, obtaining a grant is even easier.
Apply for Grants for College Students with Low Income
From government grants to minority grants awarded by individual schools, your options run deep. As a general rule of thumb, the more low income student grants you apply for the better chance you have of receiving an award.
Tip: there are many online scams geared towards students searching for low income grants. Be very careful of the grants that you apply for and the personal information that you share. If you are not 100 percent sure of the legitimacy of a program, it is better to skip over it and look for others.
With the help of low income student grants your college education can be much more affordable.