A grant is money you apply for and is usually based on financial need.* Grant money, unlike loans, does not have to be repaid. Federal grant programs and the Colorado Student Grant program are available to qualifying students.†

Federal Pell Grant

The Federal Pell Grant program provides need-based grants to low-income undergraduate and students to promote access to a college education. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and nonfederal sources might be added. A Pell Grant award for the 2011-2012 award year (July 1, 2011 to June 30, 2012) can be a maximum of $5,550 and is dependent on a student's need, the cost of attendance and whether a student attends the full academic year. The maximum amount can change every year and depends on program funding.

Federal Supplemental Educational Opportunity Grant

The Federal Supplemental Educational Opportunity Grant (FSEOG) program is for undergraduate students with exceptional financial needs. Because it is a grant program, an FSEOG does not have to be paid back. There's no guarantee every eligible student will receive an FSEOG. It is awarded based on eligibility and availability of funds. An FSEOG can give students from $500 - $1000 a year and depends on the time of application, level of need and the funding level of the school you're attending. These grants are limited to degree programs.

Colorado Student Grant (CSG)

The Colorado Student Grant Program provides funding to undergraduate Colorado residents based on financial need. This grant program is available at the Colorado campuses only.

*Financial aid is available to those who qualify

†Subject to refund based on satisfactory academic performance and class attendance