Grants are based on the student's financial need. However, some grants also take into consideration what field the student is studying, the degree level being pursued and whether the student is a member of a particular minority group.
Most states offer a variety of grants to residents based on need and merit. These grants are applicable to college, university, community college and technical and career schools. State grants are often available to minority students, disadvantaged or low-income students and those pursuing a high-need field of study.
Pell Grants are awarded to students who require the greatest financial help. Students can apply for the Pell Grant by filling out the Free Application for Federal Student Aid (FAFSA) form. The Academic Competitiveness Grant offers up to $1,300 to freshman and sophomores majoring in math, science, technology, engineering or foreign languages. The National Science and Mathematics Access to Retain Talent Grant is similar to the AC Grant but worth up to $4,000 and available to juniors and seniors.