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The three general types of federal grants to state and local governments are categorical grants, block grants, and general revenue sharing (see Table 1). Categorical grants can be used only for a specifically aided program and usually are limited to narrowly defined activities.
Grants: Financial aid that generally doesnt have to be repaid. Loans: Borrowed money for college or career school; your loans must be repaid with interest. Work-Study: A federal work program through which undergraduates and graduate students at participating schools earn money to help pay for school.
Lets dive in! Competitive Grants. Competitive grants are grants for which a nonprofit must submit a proposal. Continuation Grants. Continuation grants provide funding for a nonprofit to renew a previously awarded grant for another grant cycle. Pass-Through Grants. Formula Grants.
Federal student aid from ED covers such expenses as tuition and fees, housing and food, books and supplies, and transportation. Aid can also help pay for other related expenses, such as a computer and dependent care.
Valparaiso University costs $21,824 after scholarships and grants, with 69% of students receiving financial aid and an average aid package of $40,700.
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Grants: Financial aid that generally doesnt have to be repaid. Loans: Borrowed money for college or career school; your loans must be repaid with interest. Work-Study: A federal work program through which undergraduates and graduate students at participating schools earn money to help pay for school.
Federal Pell Grants. Federal Supplemental Educational Opportunity Grants (FSEOG) Iraq and Afghanistan Service Grants. Teacher Education Assistance for College and Higher Education (TEACH) Grants.
Types of Grants Federal Pell Grants. Federal Supplemental Educational Opportunity Grants (FSEOG) Iraq and Afghanistan Service Grants. Teacher Education Assistance for College and Higher Education (TEACH) Grants.
Federal student loans are broken down into four categories: Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans and Direct Consolidation Loans.

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