"Grants are monetary awards for college-related costs, like tuition, room and board, books, fees and other related expenses. Unlike loans, grants don’t have to be paid back, and there’s no limit to how many you can get," Bankrate reports.

..."State grants

Some state-specific government grants available require you to complete the FAFSA. To maintain eligibility, you’ll need to renew your FAFSA every year you’re enrolled in school.

You can use the National Association of Student Financial Aid Administrators’ search tool to find state grants where you live. There might be many government-run grant programs, so take your time to explore each one to see if they fit your needs."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 1/30/2023