How Educational Grants Create Endless Learning Opportunities

Education is expensive, but ignorance is even more costly. The pillars of every successful career are knowledge and skills, that is why it is important to understand how education grants help you obtain affordable schooling. It’s not hard to see how grants create more educational opportunities since they provide funding assistance. For this reason, the lack of funding is not an excuse to run away from education. Instead, it should be a motivation for you to pursue this journey in life!

Benefits of a Higher Education

While everyone “knows” that a higher education can provide more opportunities, many don’t realize just how many! There are personal, financial, and career benefits that a higher education can provide.

Personal Benefits

There are so many personal benefits when it comes to getting a higher education. Students that go to school find that they are able to be more productive, have an easier time obtaining new skills, become better communicators, improve their self esteem, receive socializing opportunities, and develop critical thinking skills.

Productivity

When going to school, students will have to deal with deadlines. These deadlines are strict for the most part which causes a student to improve their time productivity in order to make sure they meet the assignment requirements! Understanding how to fit work into a schedule effectively is a key life skill that students learn.

Obtain New Skills

Learning is the key to unlocking many doors in your life. When you are exposed to a higher education environment, you may find more ideas and skills introduced to you. This knowledge may be able to be useful for your own personal benefit or the benefit of your career!

Become Better Communicators

The higher education environment typically encourages students to work with one another. This forced group effort can mean a student must improve their communication skills in order for a project to complete. Group discussions, class projects, etc. are ways that students have the opportunity to up their communication game!

Improve Self Esteem

Many students may be able to improve their self esteem when they pursue a higher education. That is because degrees take hard work! They are not an easy feat and require time management, studying, hard work, and more. When a student receives their degree, especially those who are the first in their family to get a higher education, they can feel a huge sense of pride and overall improve their self esteem.

Socializing Opportunities

A higher education can provide so many different opportunities. One of the most beneficial is the networking potential! There are plenty of esteemed individuals that work with schools, volunteer to speak, as well as networking events that are hosted by the school. You may be able to find your next colleague, boss, investor, etc.!

Develop Critical Thinking Skills

Schools promote the exchanging of ideas between students. This act is what improves critical thinking skills. When students are faced with world views that do not adhere to their own, they can become more insightful and stronger critical thinkers. This is an important life skill, especially when it comes to personal development!

Financial Benefits

Some of the financial benefits include that those with a higher education will likely make more money due to their employment opportunities. It is reported that individuals that have a bachelor’s degree make an average of $900 more a week compared to those with a lower level of education. For example, people aged between 22 years old and 27 years old that have a bachelor degree make roughly $44,000 a year while the same age group with a high school diploma make an average of $30,000 a year.

Career Benefits

When people are not sure about their career path in life, a higher education can help immensely. When students pursue a higher education they can figure out which path they would like to pursue and specialize accordingly. Once they are done gathering important information through education, they can enter the workforce with the tools they need to succeed!

Types of Federal Education Grants

There are a variety of grant options available that are offered federally. It is important to know your options so that you can submit applications. You can find more information about grants at your student financial aid office.

Federal Supplemental Educational Opportunity Grant (FSEOG): 

FSEOG is a great opportunity that can offer up to $4,000 per year in financial aid, but it is not offered at every higher educational institute. The amount that students will be granted is mainly determined by how many other financial aid offers/grants the student gets and how much financial aid is being offered at the college/university that the student plans on attending.

Pell Grant

The Pell Grant offers a generous amount of funding of up to $6,495 (this number could change every year) and is offered to undergraduate students, who are pursuing either a bachelor’s degree or a professional academic credential. This funding opportunity also has a history of helping many who wish to pursue studies in a variety of different fields.

Teacher Education Assistance for College and Higher Education (TEACH) Grant

If you are interested in becoming a teacher, then this is definitely the grant you’ve been looking for. Given that you have satisfied all the requirements, the grant can give a student up to $4,000 per year. It should be noted that this educational grant only funds students who take specific subjects.

How to Get a Federal Grant

The grant process is relatively easy! You just need to know where to start. The first step is to fill out the Free Application for Federal Student Aid (FAFSA). This application is what students fill to seek financial aid to pursue higher studies. When it is completed, the information on the form will be sent to whatever college or university the student wants to study in, and it is then determined whether the student qualifies for financial assistance or not.

Other Types of Grants

If you are cost-burdened and are struggling to afford a higher education, it may benefit to look at other grants as well. First and foremost, you will want to speak to the financial aid office at your school. From here they can provide you information about federal grants as well as potential state and local options. There are plenty of providers of grants besides the federal government so make sure to look there to start.

Other Programs for Educational Assistance

There are plenty of additional opportunities provided by the government that may be able to help your current situation. Some other programs for educational assistance include:

These are just a few other programs that may be able to help your situation if you are looking for ways to handle the costs of education.

Financial Aid Program

This financial aid program is actually a type of loan! This is a federal Perkins loan that can help eligible undergraduate and graduate students deal with the costs of postsecondary education. The financial capability of the school plays an important part when borrowing. These loans have a fixed interest rate of 5%, and can provide students up to a max of $27,500 for undergraduates and $60,000 for graduates.

Federal Work-Study Program

This is a program that provides qualifying undergraduate and graduate students the opportunity for part-time employment. This program is one that encourages the progression of a student in their course of study and community service work. The wage of the student depends on a variety of factors. For more information you can get in touch with your school’s financial aid office.

Graduate Assistance in Areas of National Need (GAANN)

This is a program that can provide students fellowships through programs, units of institutions of higher education (IHE), graduate academic departments, and more. Graduate students that meet criteria requirements and plan to obtain the highest level of degree in their field that they’re studying can receive this program. It is important to note that students are not able to apply for this grant directly. Instead they must do it though specifically through their school.

Additional Federal Assistance Options

While educational assistance is important, it may also be beneficial for you to consider other assistance options to improve your financial situation overall. There are plenty of other federal benefits that may be able to help! Some of these options include:

  • Supplemental Nutrition Assistance Program (SNAP)
  • Special Supplemental Food Program for Women, Infants, and Children (WIC)
  • Child’s Health Insurance Program (CHIP)
  • Low Income Housing Energy Assistance Program (LIHEAP)

Supplemental Nutrition Assistance Program (SNAP)

SNAP (also known as food stamps) is a food assistance option that helps millions of individuals every year. This assistance provides recipients an Electronic Benefits Transfer (EBT) card that receives funds every month. Individuals can use this card at stores that accept this program assistance towards the costs of food.

Special Supplemental Food Program for Women, Infants, and Children (WIC)

Another food assistance program is WIC that specializes in providing assistance to women, pregnant mothers, infants, and children up to the age of 5 years old. Many individuals like this program because of the fact that it provides referrals of assistance, food, vouchers, and education to recipients. Your local WIC office will be able to provide you more information.

Child’s Health Insurance Program (CHIP)

A family may struggle when it comes time to deal with the costs of healthcare. If a family makes too much to qualify for Medicaid but cannot afford the private insurance monthly premiums, then CHIP may be a great option to consider. Families that have children under 19 years old can receive affordable medical and dental coverage. This coverage includes hospital care, screenings, medical tests, preventative care, medical supplies, and much more!

Low Income Home Energy Assistance Program (LIHEAP)

Utilities can be a cost that families struggle to deal with. Which is why the government wanted to create a program aimed to help with these costs. Recipients of LIHEAP can receive support with their energy costs through home energy utility bill assistance, minor energy home repair and weatherization of the home. This program also provides a safety net during unexpected accidents resulting from improper cooling and heating of the home. For additional information call 1-866-674-6327.

Overall

The thought of a higher education can be scary. However, there are plenty of benefits from personal benefits, financial benefits, and career benefits. Education is expensive which is why there are assistance options like:

  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • Pell Grant
  • Teacher Education Assistance for College and Higher Education (TEACH) Grant

While some of these grants may be helpful there are other federal educational assistance options that you can consider. Other options can help towards the costs of food, utility bills, and more. There may even be additional grants that can help towards the costs of education from a state or local level. The best place to start is by getting in touch with your school’s financial aid office. From there, they will be able to help and provide you more information!

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