Finding and applying for undergraduate grants is easier than ever. This type of aid does not have to be repaid, unlike student loans. With this type of “gift money”, you will find it much easier to pay for your college education.
How to Apply for Undergraduate Student Grants
Since most grants are need-based, you are required to provide the proper financial documentation. The federal government awards grants based on information provided on the Free Application for Federal Student Aid (FAFSA) form. Your Expected Family Contribution (EFC) will determine whether or not you are eligible for a Federal Pell Grant or FSEOG Grant (Federal Supplemental Education Opportunity Grant).
Note: complete and submit your FAFSA form as soon as possible – grant money can run out.
Undergraduate Research Grants
Will you be taking part in a particular research project during your days as an undergraduate student? If so, you may qualify for undergraduate research grants.
Research grants are not often awarded to freshman as they do not yet have any connections with the school and related programs. However, once you have one year under your belt you will find it easier to apply for these grants.
Undergraduate College Grants – Private Organizations and Companies
Many private organizations, foundations, and companies offer grants for undergraduate students. A short list of those that get a lot of attention include:
- Sallie Mae
- American Association of University Women
- United Negro College Fund
- The National Society of Accountants
- American Hotel and Lodging Educational Foundation
Undergraduate School Grants from your Institution
Many institutions have their own undergraduate school grants. These have nothing to do with the government or third-party sources.
However, you must still complete your FAFSA as soon as possible. Many individual schools use this to determine grant eligibility.
Some of the most popular schools that offer undergraduate grants include:
- Michigan State University
- Arizona State University
- Iowa State University
- Duke University
- Purdue University
- University of Mississippi
- University of North Carolina
Three Tips for Finding Undergraduate Grants
Although the process of applying for undergraduate grants may be new to you, there are some things you can do to get on the right path.
1. Fill out your FAFSA as soon as possible.
2. Don’t wait to apply. No matter the source of the grant, you should apply as soon as possible. Remember, you are not the only one interested in receiving aid.
3. Apply for as many grants as you can find. There is no rule stating that you can only receive one grant per school year.
With the help of these tips, as well as the advice above, you are well on your way to finding undergraduate grants.