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Free Money? Yes, Please!

The federal government provides grants for students attending college or career school. Most types of grants, unlike loans, are sources of free money that generally do not have to be repaid.

Grants can come from the federal government, your state government, your college or career school, or a private or nonprofit organization. Do your research, apply for any grants you might be eligible for, and be sure to meet application deadlines!

Federal Grants

Pell Grant

Funded by the federal government, the Federal Pell Grant is designated for undergraduate students working toward a first bachelor's degree. The amount of grant a student is eligible to receive is determined by the cost of attendance, the Expected Family Contribution (EFC), the length of the program of study, and the student's enrollment status. The cost of attendance includes such items as tuition, fees,books and supplies.

The EFC is derived from the information supplied by the student on the FAFSA. Students enrolled in a program of study that is less than 30 weeks per academic year (fall and spring semesters) will receive a prorated Pell award.  Eligible students in a program of study that is less than 24 college credits or less than 30 vocational credits (900 clock hours) per academic year (fall and spring semesters) will receive a prorated Pell award.

For Pell Grant awarding purposes (applicable to college credits), 12 college credits or more per semester is considered full- time enrollment; 9 -11 college credits per semester is considered three-quarter-time enrollment; 6-8 college credits per semester is considered as half-time enrollment; 1-5 college credits per semester is considered as less than half-time enrollment. 

Grants range from $652 - $6,095 for full-time attendance during an academic year. (For Pell Grant purposes, an academic year consists of 30 weeks during which a student may complete 24 college credits or 30 vocational credits [900 clock hours].  The maximum time frame that a student would be eligible to receive a Federal Pell Grant is 12 semesters of full-time enrollment (600 percent). Students taking prerequisite courses for acceptance into an undergraduate program are not eligible for Pell Grants.

For more information please visit the Federal Department of Education website.

Supplemental Educational Opportunity Grant

Funded by the Federal Government, this need-based grant is designated for undergraduate students working toward a first bachelor’s degree. Eligibility is based on exceptional financial need. Funds are limited.

For more information, please visit the FSEOG website.

Teacher Education Assistance for College and Higher Education (TEACH) Grant

Funded by the Federal Government, this grant is for undergraduate students in the B.S. in Education degree in a high need field such as Bilingual Education and English Language Acquisition, Foreign Language, Mathematics, Reading Specialist, Science, Special Education, and other identified teacher shortage areas. Students must have at least a 3.25 cumulative grade point average. The maximum grant per semester is up to $2,000 for full-time attendance. Due to sequestration, the award amount may be reduced.  Students must complete TEACH Grant entrance counseling and the TEACH Grant Agreement to Serve each year at www.studentloans.gov.

In exchange for receiving a TEACH Grant, the student must agree to serve as a full-time teacher in a high -need field in a public or private elementary or secondary school that serves low-income students. The student must teach for at least four academic years within eight calendar years of completing the program of student for which he/she received a TEACH Grant. If the student fails to complete this service obligation, all amounts of TEACH Grants that were received will be converted to a Federal Direct Unsubsidized Loan. The student must then repay this loan to the U.S. Department of Education. The student will be charged interest from the date the grant was disbursed.

For more information, please visit the website.

Institutional Grants

Daytona State Need Grant

Funded by the College, this need-based grant is designated for undergraduate students who have not previously completed a baccalaureate or professional degree and who are pursuing the A.A., A.S., A.A.S., B.A.S., or B.S. degree, or eligible college credit certificate programs. Eligibility is based on financial need. The maximum grant per semester is usually $1,000. Funds are limited  [Due to extenuating circumstances, an exception may be made to award the Daytona State Need Grant to a student who has completed a baccalaureate or professional degree.]

Daytona State Vocational Need Grant

Funded by the College, this need-based grant is designated for undergraduate students who have not previously completed a baccalaureate or professional degree and who are enrolled in an eligible vocational (clock hours) certificate program. Eligibility is based on financial need. The maximum grant per semester is usually $1,000. Funds are limited.  [Due to extenuating circumstances, an exception may be made to award the Daytona State Vocational Need Grant to a student who has completed a baccalaureate or professional degree.]

State of Florida Grants

Florida Student Assistance Grant (FSAG)

Funded by the State of Florida, this need-based grant is designated for eligible Florida residents enrolled in college credit degree programs working toward a first bachelor degree. Award levels are based on State appropriations and vary each year. Specific renewal requirements must be met. [For example, a student must earn a minimum 2.0 cumulative GPA (cum GPA), and developmental/remedial courses are not included in the cum GPA; a student must have successfully completed each semester the credits for which the enrollment status is determined]   Funds are limited.

Florida Public Post-Secondary Career Education Student Assistance Grant Program

Funded by the state of Florida, this need-based grant is designated for eligible Florida residents enrolled in certificate programs of 450 or more clock hours at state college or career centers operated by district school boards. The student must be working toward a first bachelor degree.  Award levels are based on State appropriations and vary each year.  Specific renewal requirements must be met.  [For example, a student must earn a minimum 2.0 cumulative GPA (cum GPA) and developmental/remedial courses are not included in the cum GPA; a student must have successfully completed each semester the clock hours for which the enrollment status is determined.]  Funds are limited.

First Generation Matching Grant

Funded by the State of Florida, this need-based grant is designated for eligible Florida residents whose parents have not earned baccalaureate or higher degrees.  The student must be working toward a first bachelor degree.  Award levels are based on State appropriations and are contingent upon matching contributions from private sources each year.  Specific renewal requirements must be met.  Funds are limited.