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What is a college grant?

Grants are a form of gift aid designed primarily for college students with financial needs. You can find grants from federal and state governments, institutions and the private sector. Here's where to look.

What are federal grants?

Federal grants are money to help pay for college or career school. Learn about the grant programs that are available from the U.S. Department of Education. The federal government provides grants for students attending college or career school. Most types of grants, unlike loans, are sources of financial aid that generally do not have to be repaid.

What is the difference between a grant and a scholarship?

Both grants and scholarships offer free money to incoming and current college students. Grants are generally based on financial need, whereas most scholarships are based on merit. Popular federal grants for college include the Pell Grant and the TEACH Grant.

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