Federal Student Aid, an office of the Department of Education as the United States, offers a variety of financial aid to students and their families. One of the methods used by the office to provide financial assistance to those who need it is the grants given out of the office. However, there is only one type of subsidy, and a good knowledge of the grants must submit an application for a healthy and just society. Here is some information on the types of grants provided directly by federal student aid, and their eligibility criteria.
The first and most famous of these subsidies is federal Pell Grants. The grant is awarded to students whose income can be classified as low or medium. Therefore, this case can be classified as a need-based grant. As a student will be assigned depends on the level of income of the student and his family in addition to how high the cost of student education will be.
Academic competitiveness grants constitute the second category of direct aid issued by the office. As the name suggests grants are awarded to students who have built a solid academic throughout their secondary education. This category belongs to merit-based scholarships as opposed to the Federal Pell Grants and Federal Supplemental Educational Opportunity as explained above. However, to apply for the scholarship, the student should be eligible for Federal Pell Grants, which makes the award need based as well. If the student meets all the conditions above, and is in its first or second year of university studies, he or she can apply for the grant.
The next category of grants National Science and Mathematics Access to retain talent, often referred to as the National SMART. The grant is awarded only to students who are in their third, fourth or fifth year of university studies. In addition, it is necessary to study the candidates in the following areas: physical sciences, life sciences, computer science, mathematics, technology or engineering. National SMART also accepts candidates who are studying a foreign language "determined critical to national security." Finally, the candidates are again eligible to apply for federal grants and Pell to be eligible under this scheme.
The next category of assistance subsidies name for the training of teachers carriesthe College Scholarships and Higher Education (TEACH). As the name suggests, the subsidy is specific for the students involved in a career in teaching. However, it is not necessary that students have completed their studies in the field, but it could still be going on with their studies. The important point of this grant is that if you are awarded TEACH, you need to make a deal with the Federal Student Aid. This agreement must be signed to serve that gives the student the responsibility of working as a full-time teacher in conditions to be determined by the Federal Student Aid.