The federal government and the state of South Carolina offer several grants to defray some of the costs of a college education. Unlike a loan, financial aid you receive as a grant does not have to be repaid. Consideration for any federal and state grants requires that you submit the Free Application for Federal Student Aid (FAFSA).
Federal Pell Grant
Federal Pell Grants provide awards from $605 to $5,645 per year. The actual amount you receive depends on your estimated family contribution (how much you or your family is expected to pay toward your education), your status as a student (whether you’re going to school full time or part time), and whether you attend school for the full academic year.
Federal Supplemental Educational Opportunity Grant (FSEOG)
This grant is for students showing exceptional financial need, and students who receive Federal Pell Grants are given priority. Awards range from $100 to $4,000 per year and depend on several factors, including when you apply for the grant and your level of need.
The TEACH Grant provides funds to postsecondary students who are completing or plan to complete coursework needed to begin a teaching career and who agree to serve for at least four years as a full-time, highly qualified teacher in a high-need field in a school serving low-income students. Eligible full-time students may receive $4,000 per year (and a maximum of $16,000) for undergraduate study. Read more.
SOUTH CAROLINA GRANTS
South Carolina Tuition Grant
South Carolina residents attending a designated independent, non-profit college within the state may qualify for this grant. Further eligibility and grant amount depend on your family resources, academic record, cost of the college you will attend, and final legislative funding. Learn more by visiting South Carolina Tuition Grants Commission.