From:
Online Colleges BlogWith the price of tuition and books soaring, college can get costly. Luckily, there are ways you can get free money to help make your higher education experience more affordable.
Grant money, however, is usually based largely on need and is often parceled out on a first-come, first-served basis. As college costs skyrocket, it's important to apply early for
financial aid and be aware of any available grants that might help lower your college costs.
Four types of grants
First, the major types of grants:
Federal Pell Grants. By far the largest grant program,
Pell grants range from a few hundred dollars to several thousand dollars. These grants are based solely on need, as determined by the student's college of choice using federally approved guidelines. Eligible colleges receive a fixed amount of Pell money each year; once it's gone, it's gone, which is why it can pay to apply for aid early. Students receiving Pell grants who are math, science or …
