Michael Carter, a College Financial Aid Guide contributor, gives the definition of federal college grants and how they are obtained.
Michael warns that there are a few things that students need to be aware of when expecting a grant.
“The funds available for grants are limited, therefore the grant will not usually fully fund educational expenses. If the student is planning on attending a community college where tuition rates are lower, it is possible that grants will cover a greater percentage of the tuition and fees.”
College students who are sophomores, juniors or seniors are more likely to be granted financial aid.
Read the article: Looking for College Grants? | Top Government Grants