Boston, MA (PressExposure) July 15, 2011 -- School Grants Info has launched offering students and parents an online information source for financial aid. When it comes to a college or University education, cost is a huge factor in making an education possible. In order to offset the upfront costs, students and parents pursue available loans, grants and scholarships.
Banks offer students loans for college, and there are federal loan sources for students such as Sallie Mae. Often receipt of these loans is contingent on a family's existing credit situation and need requirements. In some cases, a co-signer may be required to obtain these loans. The cost involved with these loans can be offset based on student and family income eligibility by other Federal programs such as the Pell grant program.
The Federal Pell Grant [http://www.schoolgrantsinfo.net/pell-grant-eligibility/] Program is a need-based grants program often supplied to low-income undergraduates and in some cases graduate students. These are supplied by the Federal government in order to promote access to higher education, especially among population segments which might normally not have access to higher education due to cost prohibitive factors. Pell
Grant amounts are determined by:
1. the student's expected family contribution (EFC)
2. the cost of attendance at the accepted learning institution
3. the student's enrollment status (full-time or part-time)
4. whether the student will attend for the entire academic year or only part-time.
What parents and students may not know is that there are also special grants provided by Federal and State programs which are specifically targeted to students of particular population segments that are susceptible to circumstances which make the cost of higher learning extremely cost prohibitive. These groups who have access in this manner include women, students who are single parents, students from certain cultural backgrounds (such as Native Americans or Hispanics), and students with disabilities among other special programs set aside for the promotion of higher learning in these populations.
School Grants [http://www.schoolgrantsinfo.net/] is an important one stop resource offering students looking for financial resources the knowledge they require to get the grants, loans and scholarships that they have available to them in order to make their dreams of a higher education a reality. The site is full of information in the form of articles and links directories. For instance, students can apply for Pell Grants right on the site.