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If you are a student who is considering online schools, although there are not as many grants as with a traditional college setting, there are grants for online college which you can apply for, in order to help fund the payment for your courses. As with any college or university, the government and some companies are also willing to give students grant money if they choose to go to school online, in order for them to be able to pay for the courses that they enroll in. Since online schools are generally cheaper, not as much money is out there, but for students who put in the time to search for them, they are going to find that certain grants for online college do exist.
One of the available grants for online college is the federal pell grant. These are the most common grants, and they are based on financial need of the student and the family. In most cases, those families who earn $20,000 or less annually, will more than likely qualify for the grant, without having to meet any other requirements. If, however, the family makes more than this amount, it is still possible to get this grant, but other factors are going to be considered, and the student is going to be awarded a lower amount for the grant.
A second type of grants for online college college scholarships and grants is the federal supplemental educational opportunity grant. These are to supplement a pell grant, in the event your family is still not able to pay for the online college courses. The students who are considered to be the neediest, based on the family income, are the ones who will receive the largest supplemental rewards, and they are the students who are going to be considered for this type of loan before all others.
If you are a great student, the academic competitiveness grant is one for you to consider applying for as well. For freshman and sophomores in high school who take AP courses, and other college level courses, and maintain a 3.0 GPA or higher, are the ones who are eligible for this type of grant. They are extremely competitive as there are so many applicants, so the students who take the toughest courses, are engaged in other activities in school or the community, and those who show the most initiative, are generally the ones who are first going to be considered for the grant category.
National SMART grant is another one that is offered for online colleges. The science and mathematics based grants for online college offer students up to $4,000 in their last two years of undergraduate programs, if they show a promising career in the fields of math, physics, scienes, social sciences, and other similar fields. So, although they are not available prior to starting up, in your final two years, they are available for those who are in these fields of study.
These are some of the available grants for online college, for those who are considering enrolling in an online college, as opposed to a traditional college setting. There are a few others out there, but these are the most common, and the ones which are most applied for by those who do enroll in online colleges.
So, depending on which categories you fit in to, where you excel, and what courses of study you are interested in, certain grants do exist for individuals who want to go the online route. Regardless of which ones you apply for, learning about these, and other grants for online college, is something all applicants should do, in order to ensure they will find financial assistance when they are ready to apply.