More students are turning to education grants to help cover the high cost of education. Grants for students are most often for tuition but some allow funds to be used to pay for books and fees. Student financial grants may even pay for living expenses.
Students can get grants for their education from several sources. States provide grant funding for higher education. This funding is usually allocated to colleges and universities in the state. However, there may be special grants for students in high-need fields of study. For example, if the state is facing a shortage of teachers, education grants for students planning to become teachers may be available directly from the state. They will likely stipulate the student remain in the state to teach upon graduation because the intent is to increase the number of teachers available in the state.
Since most state student financial grants go directly to educational institutions, students should contact their school directly to find out about available grants for students. These funds are routinely considered when students apply for financial aid at the school. Your school will have details on available grants for students.
Additional resources include agencies outside of the school. Local associations such as auxiliaries and profession-specific groups may offer financial support to students who are pursuing particular careers. They may require the student to commit to a period of service to the community upon graduation. This is a way for communities to ensure graduates stay in the area.
Businesses may provide grants for students. There are three ways this typically occurs. For the first, eligible applicants must be employees or their children. The second requires awarded students to work in the business upon graduation in exchange for the tuition grant. And the third are student financial grants to area residents with no requirements on the field of study or commitment to service upon graduation. They are simply a way for the company to give back to communities.
Local foundations offer grants for students attending local colleges and universities. Each grant opportunity has specific eligibility criteria ranging from where the student graduated from high school to the area of study the student plans to pursue. Students may be required to be interviewed by the donor sponsoring the education grant.
Eligible students can also receive grants from local organizations. Nonprofit organizations may have grants available for students studying particular subjects. For instance, a nonprofit housing organization may offer scholarships to students studying urban development.