Score Tuition-Free Degrees With These Online College Grants
There are several types of grants available to prospective online students:
1. **Federal Grants**: The most common federal grant is the Pell Grant, which is awarded based on financial need. For the 2023-2024 academic year, the maximum Pell Grant award is $7,3951. Eligibility is determined through the Free Application for Federal Student Aid (FAFSA).
2. **State Grants**: Many states offer grants to residents attending college within their state. These grants often have specific eligibility requirements, such as attending a public college or university.
3. **Institutional Grants**: Some colleges offer their own grants to attract students. These are often based on merit or need and can significantly reduce the cost of tuition.
4. **Private and Nonprofit Grants**: Various organizations and foundations offer grants to students who meet specific criteria, such as pursuing a particular field of study or belonging to a certain demographic group.