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Federal Education Loan Article
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Going Above and Beyond - The Higher Education Grant
from:Again, these are grants for individuals or institutions. However, a higher education grant includes higher levels of the academic world than simple education grants. Individuals pursuing a master’s, doctorate, or professional program are eligible, as are institutes which promote very special projects, such as teacher preparation for use of technology in the classroom or implementation of advanced computer technology programs.
These grants need not be paid back, but the individual or institution seeking higher education grant money must demonstrate why the money is needed and how the money will be put towards a higher education-oriented goal. For individuals seeking a higher education grant 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 a higher 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 higher education project involving research, 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 higher 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.
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Federal Education Loan News
PA Governor Rendell Says Mounting Job Losses Mean Tougher Times Ahead - PR Newswire
Infrastructure Investments Necessary Even as Belts are Tightened HARRISBURG, Pa., Nov. 20 /PRNewswire-USNewswire/ -- Reacting to today's announcement that Pennsylvania lost 7,300 more jobs in October, Governor Edward G. Rendell expressed concern that ...
Read more...Fitch Affs 9 Classes from Pennsylvania Higher Ed Assistance Agency ... - PR Inside
Fitch Ratings has affirmed nine classes from the Federal Family Education Loan Program (FFELP) student loan revenue notes issued by Pennsylvania Higher Education Assistance Agency Student Loan Trust I (PHEAA Student Loan Trust I - 2003 Trust ...
Read more...UTSA changes federal financial aid application process - UT San Antonio
(Nov. 19, 2008)--The University of Texas at San Antonio will change the way it processes federal student loans beginning with financial aid awarded for the 2009-2010 academic year. UTSA will become a direct-lending school through the William D. Ford ...
Read more...Fitch Affirms 7 Classes from Nelnet Student Loan Corporation-1 - PR Inside
Fitch Ratings has affirmed 7 classes of student loan asset-backed notes issued by Nelnet Student Loan Corporation-1, Inc. (fka Union Financial Services-1, Inc.). Overall, collateral performance for the trust has been consistent with expectations from ...
Read more...Good question - Worcester Telegram & Gazette
Answer: Federal funding for post-secondary education began in 1944 with the Servicemen’s Readjustment Act, known as the GI Bill, to help World War II veterans. In 1965, Congress passed the Higher Education Act creating the Guaranteed Student Loan ...
Read more...Spellings Promotes Access To Student Loans - Post Chronicle
The U.S. Education Department is working to ensure student access to federal loans during the financial crisis, Secretary Margaret Spellings said Thursday. "I remain committed to making sure students and their families continue to have access to ...
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