Education Grants for Online Schools

December 13, 2012

Nowadays, more and more students are turning to online education, both for convenience and the ability to get through your coursework quickly. This doesn't mean you aren't eligible for traditional financial aid resources such as scholarships, federals student aid, school loans and yes, grants. Grants are money you never have to pay back that are offered by a variety of sources including government organizations, non-profit organizations, corporation and private parties. Even if you decide to go through an online school for your education, you can still be approved for a grant to help pay for school.

FAFSA

Regardless of the type of grant you apply for, be sure you start with federal student assistance by filling out the Free Application for Student Aid (FAFSA). This is a required form of student aid that not only lets you get access to free education, but that most grant committees use to determine your eligibility. It should be your first step and since you can apply online and be done in less than 10 minutes, there is no reason not to apply for it.

Federal Pell Grant

Another grant you can apply for if you plan to attend school online is the Federal Pell Grant. This is a very common grant that is recommended to any kind of student, including those who plan to attend an accredited online college. The amount you get for the grant will be determined by your current income (it is for low income students) and whether you go to school full or part time. For online students, this is determined by how many different classes you are signed up for at one time. It is a need-based grant meaning you must meet their low income requirements.

Federal Supplemental Educational Opportunity Grant

Another need-based grant you might quality for if you're considered low income is the Federal Supplemental Educational Opportunity Grant. This is similar to the Federal Pell Grant and if you qualify for you, you most likely qualify for the other. There is no limit to how many different grants you apply for, so it can be beneficial if you apply for both. In fact, applications for the Federal Pell Grant are also considered for the Federal Supplemental Educational Opportunity Grant as well.

Academic Competitiveness Grant

If you have just graduated from high school and are about to be a freshman in college, you can apply for the Academic Competitiveness Grant. This is offered to someone who is also receiving the Federal Pell Grant, and therefore must meet their qualifications, such as proving you are low income. As a freshman in college, this shouldn't be a problem since you will most likely not be working a full time job during your first year of college.

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EducationGrants for school

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