Current high school students or those who wish to return to college may be able to get free student scholarships and grants to help pay the costs of tuition. Universities and colleges both are increasing the cost of attendance and many people are struggling to simply pay the minimum amounts charged for these institutions.
Scholarships and grants are similar in that they are free forms of student aid that help pay for things like tuition, fees, living expenses, and books. They are both free but they usually have different requirements for obtaining these funds.
Scholarships are usually merit-based meaning they are given based on a student’s academic achievements, but not all scholarships are given for this reason. Some scholarships are given for specific careers paths or fields of study.
Grants on the other hand are given based on a student’s family’s income or the student’s income. Federal Pell Grants are usually given to students from low income families who may be unable to pay for college.
Finding these forms of free financial aid will not be difficult as there are countless scholarships available at a local, state, and federal level. Also there are many options, links, and articles online that can lead anyone to a scholarship or grant that can help them pay the costs of college.
It simply takes time and effort to find the right scholarships or grants and apply for them. However, the time spent looking and applying for scholarships and grants will be well worth it when tuition is due.