Ultimate Guide for Grants for Low-Income Students in the US

There is a certain distinct feature that separates the grants and scholarships from each other as the grants are only devised for the students dealing with financial issues and the scholarship programs focus on the extremely exception academic qualifications for the students. The education department of US now offers $150 billion annually altogether for aiding students in completing graduate, undergraduate, PhD and post-doctoral degrees. Additionally, the grants are not required to be repaid unless one does not finish the courses or drops out.

Grants for Low-Income Community Students

There are service agencies all over the country that students in the grant competition for easing their lives towards achieving a degree.

Federal Pell Grant

This is one of the renowned low-income student grants that is able to cater to the needs of students on a large scale. For the students pursuing undergraduate courses can benefit from the amount received as tuition fees for full-time and part-time courses. The amount of the grant is up to $5,500 and even the students under 24 whose parents have been active in military service of Iraq and Afghanistan get assurance with the federal grants.

Federal Work-Study Program

Through this program, the students are able to make use of the gateway offering money and work experience in an academic year.

William D. Ford Federal Direct Loan Program

Unlike the grants, the loans compel the student to borrow money which is offered at the cheapest interest rate.

• Direct PLUS Loans only cater to the loans available for the parents whose children who are undertaking undergraduate and graduate course.
• Direct Stafford Loan Program is for the students willingly completing undergraduate and graduate courses.

The latter one may be subsidized and unsubsidized. Only students with little means but who are pursuing undergraduate courses can get hold of Direct Stafford Loan. It is the federal government who pays out the amount of interest rate of the loan and the unsubsidized one can help the students to benefit from the education expenses.

Talbots Women’s Scholarship Fund

The scholarship programs are specially designed for female US citizens by the clothing brand, Talbot. Only students who have enrolled for courses of 2-4 years are eligible for the grant. They offer two types of grants and where three courses are available with the award amount of $30,000 and 17 courses are available with $3,000.

Jeannette Rankin Foundation Women’s Scholarship

One of the productive grants adhering to women’s rights and women empowerment

gives out the money from Jeanette Rankin Foundation. Female students can use the grant for enrolment in vocational training, undergraduate courses or baccalaureate degrees. Candidates have to meet the requirements regarding US citizenship to be eligible for the grant.

CalGrants

California offers one of the outstanding grants to the students emerging out of the low-income households and willing to study further to achieve academic goals in their lives. In every year, the learners receive $9,500 and it is mainly the financial need-based grant. However, for meeting the eligibility criteria, it is important for that student to have the minimum GPA score and citizenship of the state.
The Wisconsin-based grants for students with lots-economic status are,

• Hearing and Visually Handicapped Student Grant
• Talent Incentive Program (TIP)
• Wisconsin Higher Education Grant (WHEG)
• Wisconsin Tuition Grant (WTG)
• Indian Student Assistance Grant

You can take a look at the official website of your state’s grant agency to acquire a sound knowledge of what types of grants can cater to your requirements with efficiency.

Emerge Scholarship Fund

This funding facility caters to the needs of a woman whose education was interrupted under various circumstances. The fence students have to over 25 years to apply for the fund.