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Grants to Pay Off Student Loans

Published on March 2017 | Categories: Documents | Downloads: 15 | Comments: 0
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Grants to Pay Off Student Loans
PayMyStudentLoans.com

PayMyStudentLoans.com

Sources for Grants
 the

US federal government  the government of the state in which you reside  the college you attend  non-profit or private organization

PayMyStudentLoans.com

Federal Pell Grants
 



Who’s eligible? Undergraduates. Details: Pell Grants are only given to undergraduate students without bachelors or professional degrees, and can sometimes be granted to those enrolled in postbaccalaureate teacher certification programs. Amount: Maximum of $5,550 for the 2012-2013 cycle, but differs from year to year; depends on:
  



Stipulation: only allowed to receive Pell Grants for 12 semesters

Financial need Tuition fees Student status (i.e. full-time or part-time)

Complete List at PayMyStudentLoans.com/grants/

PayMyStudentLoans.com

Federal Supplemental Educational Opportunity Grant (FSEOG)
 



Who’s eligible? Undergraduates with exceptional financial need. Details: The FSEOG is given by the financial aid department of each respective university, and is considered “campus-based’ aid. However, not every university participates in this program. Amount: $100 - $4000 per year, dependent upon:

  



Stipulation: early is better; each school has its own set of deadlines. Grants must be distributed at least twice a year.

Financial need Time of application Whether applicant has obtained other aid Fund availability at school

Complete List at PayMyStudentLoans.com/grants/

PayMyStudentLoans.com

Teacher Education Assistance for College and Higher Education (TEACH) Grant




 

Who’s eligible? Students who take the requisite coursework in a TEACH-Grant eligible program, meet certain academic criteria, and intend on becoming teachers. Details: Students who receive this grant must agree to teach in a high-need field, at a school that serves low-income families, and teach four complete academic years. Amount: up to $4000 per year. Stipulations: All recipients must sign a TEACH Grant Agreement to Service, which means complying with the above requirements. If the service obligation is not met, TEACH Grant funds will be turned into a direct unsubsidized loan, to be paid back to the US Department of Education, with interest.

Complete List at PayMyStudentLoans.com/grants/

PayMyStudentLoans.com

Iraq-Afghanistan Service Grant
 

  

Who’s eligible? Students who have a parent or guardian whose death was a result of military service in Iraq or Afghanistan Details: those who were excluded from Federal Pell Grant contention on the basis of Expected Family Contribution, but otherwise are eligible for the Pell Grant Parent or guardian that died while in service in Iraq are qualifiers for the Iraq and Afghanistan Service Grant. Amount: maximum of $5550 in 2012-2013. Stipulation: parent or guardian was a member of the US armed forces and died as a result of being in Iraq or Afghanistan post-9/11, and the applicant was under 24 years old and enrolled in college at the time of the parents or guardian’s death.

Complete List at PayMyStudentLoans.com/grants/

PayMyStudentLoans.com

State Specific Grants

Complete List at PayMyStudentLoans.com/grants/

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