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Grants are monetary awards for college-related costs, like tuition, room and board, books, fees and other related expenses. Unlike loans, grants don’t have to be paid back, and there’s no ...
The Sallie Mae scholarship is an easy way for current college students to potentially win tuition money as Sallie Mae’s goal is to help students successfully navigate financing college.
Another free scholarship-matching database is College Board’s Big Future website. Students complete a profile, and this tool matches them with 6,000 scholarships providing $4 billion per year.
Other scholarships are based on financial need. [3] Scholarship money is not required to be repaid. [4] Scholarships are not a large component of college financial aid in the United States; they are far surpassed by grants, for which the only qualification is financial need, interest-free loans (while the student is in college), and subsidized ...
In the college financial aid process in the United States, a student's "need" is a figure that colleges use when calculating how much financial aid to offer a student. It is determined by taking the college's Cost of Attendance , which current rules require each college to specify.
Grants are a type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, cost of attendance, and enrollment status. Federal Pell Grants are designed for low- and middle-income undergraduate students. Pell Grants for the 2023–2024 school year range from $750 to ...
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