Financial Aid Grants for College

grants for college in ct

What is a grant?

A grant is a type of financial aid often based on financial need. Grants are available from a variety of sources including the federal government, state government, a private organization, a nonprofit organization, or even the school in which a student attends.

Types of federal grants for college

There are four types of federal grants available to students:

  • Federal Pell Grants
  • Federal Supplemental Educational Opportunities Grants (FSEOG)
  • Teacher Education Assistance for College and Higher Education (TEACH) Grants
  • Iraq and Afghanistan Service Grants

The eligibility requirements to obtain and maintain a grant vary from one program to the next.

Free grants for college

Federal grants do not need to be repaid except in certain situations that require partial or full repayment:

  • Early withdrawal from the program in which grant was given
  • Change in enrollment status that reduces eligibility for grant (i.e. full-time to part-time student)
  • Additional scholarships or grants received that reduce financial need for a certain grant

In these instances, the student has 45 days to either pay the portion of the grants they own in full or enter into a satisfactory repayment agreement. Failure to repay the grant in the specified time will result in loss of eligibility for further federal student aid.

Learn more about grants.

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