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Tuesday, February 24, 2009

The Truth About Government Grants Given To College Students

By Chris Channing

Getting financial aid is a long, strung-out process. Government grants in particular require a lot of work to obtain, but are well worth the effort. With the buzz in government grants going around the student community, myths have also sprung up about obtaining grants that aren't true and may deter others from obtaining the financial aid they need to get a better education.

There has always been the misconception that middle-class families were out of luck when it comes to government grants. The reasoning behind this is that middle class parents make more money than the more poor students, and thus disqualify middle class students from getting more money. Although this is true for some scholarships, this isn't the case in government grants- and students of middle class families should still apply.

Grade point average, or GPA, and test scores on the ACT or SAT are also not so important as some would think. In fact, government run programs such as FAFSA don't even take such things into consideration when calculating how much money a student should receive when applying to a college. As far as the government is concerned on this standpoint, all those who wish to obtain higher education should be able to.

Government grants should at no point be paid back, as they are considered as gifts to the student. Government loans may be another story, but a student should never hesitate in accepting a government grant because of a fear that the money has to be paid back. Indeed, government grants are the most favored of all government assistance programs for this very reason.

Another thing to consider is the fact that deadlines are much sooner than what most would think. Students are renowned for their procrastination, but this is one thing that shouldn't be put off. Most deadlines for government run programs will end in February through March, of course with some variations. It's usually best to fill out everything as soon as possible, usually when taxes are done so up to date financial information is available.

Paying for college is a tough thing to go through. Indeed, it is quite stressing without a little help from outside sources. While you should rely on the government for some help, don't expect the government to pay the full bill. Grants are usually designed to lessen the burden, not pay the full tuition of the applicant. Instead, consider other scholarships in addition to a grant.

In Conclusion

The Internet is a helpful tool in finding out more information. Try going on government-run websites to get a clear picture of what you'll need and what you can apply for. If you need help, try consulting a financial aid consultant at your university.

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