(gaann) program - US Department of Education 2025

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Apply for federal student aidgrants, work-study, and loansusing the Free Application for Federal Student Aid (FAFSA) form.
Funding for education comes from 3 sources: state, local and federal. State and local funding make up over 90% of education funding, while federal funding makes up less than 10% of the total spent on education.
The Graduate Assistance in Areas of National Need program provides fellowships through academic departments of institutions of higher education to assist graduate students of superior ability who demonstrate financial need and plan to pursue the highest degree available in their course of study at the institution.
Cost sharing: An institutional matching contribution equal to at least 25 percent of the grant amount received must be provided.
ED offers three kinds of grants: Discretionary grants: awarded using a competitive process. Formula grants: uses formulas determined by Congress and has no application process. Student loans or grants: to help students attend college.
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PSLF allows qualifying federal student loans to be forgiven after 120 qualifying payments (10 years), while working for a qualifying public service employer.
The main federal grant programs include: Pell Grant. This popular grant program is available to anyone who meets certain financial need requirements and is enrolled at least part-time in college. Your actual grant is based on the amount of demonstrated need.
Formula grants, block grants, and categorical grants are all considered non-competitive funding sources. Since competitive grants are not awarded to every applicant, they are considered competitive compared to these other types of federal grants.

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