A grant is money you apply for and is usually based on financial need.* Grant money, unlike loans, does not have to be repaid. Federal grant programs and several state grant programs are available to qualifying students.±
Federal Pell Grant
The Federal Pell Grant program provides need-based grants to low-income undergraduate and students to promote access to a college education. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and non-federal sources might be added. A Pell Grant award for the 2013-2014 award year (July 1, 2013 to June 30, 2014) can be a maximum of $5,645 and is dependent on a student’s need, the cost of attendance and whether a student attends the full academic year. The maximum amount can change every year and depends on program funding.
Federal Supplemental Educational Opportunity Grant
The Federal Supplemental Educational Opportunity Grant (FSEOG) program is for undergraduate students with exceptional financial needs. Because it is a grant program, an FSEOG does not have to be paid back. There's no guarantee every eligible student will receive an FSEOG. It is awarded based on eligibility and availability of funds. At Westwood College, these grants are limited to degree programs. An FSEOG can give students from $600-$1500 a year and depends on the time of application, level of need and the funding level of the school you're attending.
Grants for Colorado residents
- Colorado Student Grant (CSG)
The Colorado Student Grant Program provides funding to undergraduate Colorado residents based on financial need. This grant program is available at the Colorado campuses only.
- Colorado Diversity Grant (CDIV)
The Colorado Diversity Grant Program is available to certain residents of Colorado based on financial need and other eligibility factors. This grant program is available at the Colorado campuses only.
*Financial aid is available to those who qualify
±Subject to refund based on satisfactory academic performance and class attendance