Free grants for college students include the Federal Pell Grant, Federal Supplemental Educational Opportunity Grants (FSEOG), Teacher Education Assistance for College and Higher Education (TEACH) Grants, Iraq and Afghanistan Service Grants and Academic Competitiveness Grants (ACG). Another free grant is the Science and Math Access to Retain Talent (SMART) grant.
The Federal Pell Grant provides the most assistance for college students. This grant offers financial assistance to disadvantaged or needy undergraduates in the form of tuition assistance. Federal Pell Grants are commonly used in combination with other forms of assistance to provide a blended aid package. Eligibility for this grant is decided based on FAFSA information.
The Federal Supplemental Education Opportunity Grant program, or FSEOG, is a grant offered to students who display an exceptional amount of need. The FSEOG is awarded to students with an Expected Family Contribution, or EFC, of zero. The EFC is located on the student's Student Aid Reports, or SAR. After the student has received this grant for tuition, any remaining federal FSEOG funds are awarded to the next student who displays the greatest level of need.
The Teacher Education Assistance for College and Higher Education, or TEACH, grant serves as an initiative that awards tuition assistance to students who agree to teach in designated schools after graduation.