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The program caps total need-based loans at $15,000, assuming on-time progression toward graduation with up to eight semesters of study." [67] Grinnell College "Beginning in the 2008-09 academic year, need-based loans for all eligible students will be capped at $2,000 per year." [68] University of Maryland, College Park
Antioch College (only students who qualify for the Pell Grant have the full need met) [14] Babson College (need-blind for Canadian students as well) [15] Barnard College (need-aware for transfer students) [16] Berea College (tuition-free for all students; need-based aid, family EFC, and work-study will cover other costs) [17] Boston College [18]
In the United States, federal grants are economic aid issued by the United States government out of the general federal revenue. A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States.
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The grant does not require the performance center to put contracts out to bid to get products or services for the best price, said Marcia Evans, the state budget office’s spokeswoman.
Cumberland County Schools missed out on a $50 million grant, complicating the school system’s efforts to build a new E.E. Smith High School.
A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with exceptional financial need, who have not earned their first bachelor's degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions.
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