Grants, like scholarships, do not have to be repaid. They are available through the federal government and state agencies.

The Federal Pell Grant is the largest federal grant program and is based on financial need. There is no minimum grade point average or other academic requirements, as along as you attend an eligible school. Awards are up to $4,000.

The U.S. Department of Education determines eligibility from your Free Application for Federal Student Aid (FAFSA). Submit your FAFSA as soon after January 1 as possible. Many colleges award aid on a first-come, first-served basis.

Schools distribute the need-based Federal Supplemental Education Opportunity Grant (FSEOG) to full-time and part-time students. This award ranges from $100 to $4,000.