The U.S. Department of Education's Pell Grant is one of several grants that help cover student housing costs in addition to tuition, states CollegeScholarships.org. Students apply for these grants through the Free Application for Federal Student Aid.Continue Reading
Other grants that offer housing assistance to college students include Federal Supplemental Education Opportunity Grants, Academic Competitiveness Grants, National SMART grants for science and math majors, Teacher Education Assistance for College and Higher Education grants, state grants and direct assistance offered by colleges and universities, states CollegeScholarships.org.
Universities calculate costs, including housing and tuition, and present these to their students in a student-aid offer letter, CollegeScholarships.org states. These letters outline the grants and loans for which a student is eligible.
Administrators of the Pell Grant determine eligibility by calculating the student's expected family contribution and comparing that to the student's expected expenses, including tuition, housing and living expenses, notes CollegeScholarships.org. The student's academic status, including the grade point average, also may be a consideration.Learn more about Credit & Lending