Keyword Analysis & Research: grants for college

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How do grants help you pay for college?

Covering college costs with grants Generally, your school will pay out your grant money in at least two payments called disbursements. Typically, the college applies your grant money toward your tuition, fees, and (if you live on campus) room and board. Any money left over is paid to you for other expenses. 3

What is the difference between grants and loans for college?

The difference between federal student loans and grants is that loans must be repaid while grants are simply “awarded” funds that usually do not need to be repaid. Much like scholarships, grants can come from the government, private organizations, or even colleges themselves.

What grants are available to college students?

Another type of grant available to college students is the Academic Competitiveness Grant (ACG) and the National Science and Mathematics Access to Retain Talent Grant (National SMART Grant). These two grants are available to eligible students during their first and second academic years of college.

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