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Free Government Money for School

Free Government Money for School

The US government has several education programs, which some people refer to as free government money for school. Each program has an eligibility criteria, which needs to be fulfilled by the applicant, in order to receive educational scholarships.
Indrajit Deshmukh
Education is very important for every individual, it serves as a good launch pad for getting gainful employment. For some, getting good education is difficult as they have financial restrictions and responsibilities. The increasing costs of continuing education can also make it difficult for many to pursue their study goals. The government has recognized this shortcoming and has made millions of dollars available in the form of grants to fund the educational needs of the deserving population. Each grant is geared towards helping students with specific backgrounds to get good education. For example, there are specific scholarships for African-Americans.

The major difference between a student loan and a government grant is that you do not have to repay the financial assistance you get in the form of a grant. Most people do not apply for an education grant because they think that the process will be complicated, or they are unlikely to get it. It is advisable that you apply for the grant because the reward will justify the efforts you take.

Government Grants for Education

The American Recovery and Reinvestment Act of 2009 (ARRA) has promised over two hundred billion dollars for education and health care. Most of the funds allocated for education are available in the form of individual grants for people who are looking to pursue higher education. These aids are allocated to people with specific backgrounds and educational goals. There are aids for single moms, people from the minority community, and for low income families.

If you are wondering how to get free money for school, one of the basic necessity for applying, for a government grant for education, is filling the Free Application for Federal Student Aid (FAFSA) form. You will also be required to furnish certain documents pertaining to your social security number, driving license, and taxed income proof. Although it is not easy to get free government grants for school, it is not an impossible task. A lot of information and guidance is made available at the financial aid office. Following are some of the government grants for school and college programs:

Teach Grant
Students interested in pursuing a career as a teacher can benefit from the teach grant, which gives financial aid to students from low income families. The teach grant requires the recipient to work as a teacher for at least 4 academic years in schools which serves students from low income families. Teacher Education Assistance for College and Higher Education (TEACH) program gives up to USD 4,000 each year to students.

FEEA Scholarship
The Federal Employee Education and Assistance Fund (FEEA) scholarship is for federal employees and their dependents. This educational assistance program is for civilian federal employees and postal employees. One of the basic requirements is that you need to have completed at least 3 years of service, to be eligible for this program. The scholarship fund comes from the contribution made by the employees and the amount of funding depends on the contribution collected by that area.

Pell Grant
They are usually for undergraduate students from low income families, the grant amount depends on the students expected family contribution (EFC). The Pell grant can go up to USD 4,000, and along with the EFC, the amount also depends on the student's enrollment status of part-time or full-time. You can also apply for a SMART grant along with your Pell grant for a full state funding of education.

Government grants have helped thousands of individuals achieve their educational goals. There are several non profit organizations, which also support individuals by providing financial assistance for educational needs.