Welcome to Education Grant Guide
Us Department Of Education Stafford Loan Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
Promoting Education Goals – The Education Grant
from:An education grant is a very general term for money donated to either private individuals pursuing post-secondary education or institutions who wish to pursue a particular project related to education. In the former case, the rising cost of post-secondary education places a huge burden on many who wish to continue their studies but do not have a large budget to dedicate to their wish. An education grant is a solution to this problem, allowing an individual to pursue an undergraduate or post-graduate degree.
In the latter case, universities, high schools, elementary and middle schools are not able to implement certain programs with the sometimes meager state and federal funds allocated to them. Again, an education grant could be the solution, promoting programs or projects at the elementary, secondary, or post-secondary level and involving adult education or education of younger students or both. There are a wide variety of education grants for institutions; an education grant can be used by a particular university to add an instructive museum honoring African Americans on campus, it can be given to a high school to add computers or laboratory equipment for science projects, it can be given to an elementary school wishing to add a bilingual education program, or it can be given to a volunteer organization that organizes drug awareness programs for youth.
These grants need not be paid back, but the individual or institution seeking education grant money must demonstrate why the money is needed and how the money will be put towards an education-oriented goal. For individuals seeking money for post-secondary studies, oftentimes merely sending personal information is enough, though many more specific grants will require some kind of written statement explaining the need for the money. Often, individuals must meet residency, financial and academic requirements to be eligible for an education grant and, at times, certain programs of study must be undertaken to be eligible for grant money.
In the case of institutions seeking grant money, the process is a bit more complex, involving a number of forms to be filled out and a proposal to be written. Proposals must give some background information, the purpose of the grant, the need for the grant, where the grant will be used and for whom (the target population), the strategies to implement the grant, the personnel employed, methods for evaluating the success of the project, and a budget. Depending on the specific project, then, there may be other, more particular, requirements. For example, if you had to use animals, say for a research education project, you would have to include where the animals would be housed, and you would have to consult the Institutional Animal Care and Use Committee (IACUC) to demonstrate knowledge of guidelines concerning the humane treatment of animals.
Grants of this nature can be donated by the federal or state government, non-profit organizations, academic institutions, research institutions, funding institutions, corporations, or private individuals. Grants.gov is an excellent place to start the search, which is a site listing all Federal grants available ($400 billion are available) as is Ed.gov, the home page of the US Department of Education. Internet searches are helpful, and sites such as finaid.org, collegeanswer.com, and the Michigan State Library website are excellent sources for education grant information.
One of the best ways to research grant opportunities is to visit your regional foundation library, located at most major universities. Your local library will also have books listing grant opportunities, and you can consult with the librarian if you have any questions. These kinds of books will also be available either at your high school counselor’s office or your university’s financial aid office. You can purchase these books at book stores.
Us Department Of Education Stafford Loan News
GOP, Dems 'Play Chicken' with Student Loan Rates in US Senate
Competing proposals in the US Senate on how to prevent a doubling of Stafford college loan rates has Democrats, including Obama's White House, playing a public game of chicken with their Republican opponents. read more
Read more...US students now owe almost $1 trillion in student loans
Fearing that hiking student interest rates would further increase the already ballooning education loan levels, academics and members of student unions make a fervent plea to the US Congress to subsidise such loans.
Read more...Obama's Slow Jam Obscures Student Loan Problems
One item that's been getting a lot of press attention lately is the interest rate increase on subsidized Stafford loans from 3.4 percent to 6.8 percent, scheduled to take place on July 1. The increase would raise the cost of repayment by an average of $1,000 each for around seven million undergraduates.
Read more...Colleges Can Reduce Risky Private Student Loan Borrowing, Study Shows
At one school, private student loan borrowing dropped nearly 75 percent once students were counseled.
Read more...Student Loan Rate Vote In House
The student loan debate continues in Washington as the House plans to vote on a bill Friday that would keep interest rates at 3.4 percent for subsidized Stafford loans, instead of increasing to 6.8 percent on July 1.
Read more...Student loans 101: The interest rate uproar
Lawmakers on both sides of the aisle agree: It would be a mistake to let interest rates on student loans double in July. Especially if they're going to be blamed for it in an election year.
Read more...Big interest on student loans
Dear John: I have two kids in college right now. Recently there was a big squabble in Washington between President Obama, a Democrat, and John Boehner, the Republican leader of the House, over keeping subsidized federal student loans at a low rate. Supposedly, if Congress does not pass a bill...
Read more...