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According to source: What you should know about the six federal grants available to students
To apply for federal grant aid, you have to complete the Free Application for Federal Student Aid (FAFSA). This one application is needed to be eligible for a six federal grants, in addition to numerous state and local scholarships and grants. The FAFSA requests a number of information regarding your financial status and also the financial status of your parents if you’re still living at home. Details about the FAFSA can be seen at www.fafsa.ed.gov. The Web site also allows you to complete your FAFSA, submit it, and monitor its progress. The next grants are federal aid grants.
Federal Pell Grant
Teacher Education Assistance for College and Higher Education (TEACH)
Academic Competitiveness Grant
National Science and Mathematics Access to Retain Talent Grant (SMART)
Federal Supplemental Educational Opportunity Grant (FSEOG)
Federal Work Study (FWS)
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According to source – The federal government is putting more money into the hands of college students than ever before and much of the impetus behind it is the No Child Left Behind Act.
Federal grant programs offer hundreds of thousands of students the necessary assistance that makes college a financial reality:
The Pell Grant, in existence since 1972, remains one of the staples of federal funding for millions of low-income students. This fundamental grant program is somewhat at the mercy of the federal government’s budgetary and political whims, but nevertheless remains a valuable source of funding for impoverished undergraduate students.
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