Grants are funds given to students that do not have to be repaid. These funds are subject to availability and often are awarded on a first-come, first-served basis. Their guidelines for eligibility can be quite strict. For instance, students may have to demonstrate financial need, complete a minimal amount of credit hours each academic term, or pursue a specific program of study to qualify. Your financial aid office will automatically consider your eligibility for each of the grants listed below, and notify you if you qualify for them.
Federal Pell Grant
Pell Grants form the foundation of federal student financial aid for undergraduates. Unlike a loan, Pell Grants do not have to be repaid. The amount a student receives depends on his or her level of need, status as a full-time or part-time student, and the amount of time he or she intends to be enrolled in college.
The maximum award amount is given for any Pell Grant eligible student whose parent or guardian died as a result of military service in Iraq or Afghanistan after Sept.11, 2001. Students must be under 24 years old or enrolled at least part-time in college at the time of the parent/guardian's death.
Learn more about Pell Grants from the U.S. Department of Education and the Federal Student Aid website
North Carolina Need-Based Scholarship
North Carolina residents who apply to NCICU colleges and universities are also automatically considered for state assistance through the North Carolina Need-Based Scholarship (NCNBS).
FSEOG: Federal Supplemental Educational Opportunity Grant
FSEOGs are awarded to undergraduate students with exceptional financial need—those with the lowest Expected Family Contribution (EFC) numbers. Like Pell Grants, FSEOGs do not have to be repaid, and awards range from $100 to $4,000 a year depending on a number of factors, including the amount of other aid you're receiving. Not every institution participates in the FSEOG program, and funds are limited, so it's important to apply early for this program.
Learn more about FSEOGs from the U.S. Department of Education and the Federal Student Aid website.
Iraq and Afghanistan Service Grant
Students who are not eligible for a Pell Grant, but whose parent or guardian died as a result of military service performed in Iraq or Afghanistan after September 11, 2001, may be eligible for this grant. To be eligible, you must be under 24 years old or enrolled in college, at least part-time, at the time of your parent/guardian's death. The amount of the grant will be equal to the maximum Pell Grant for the award year, although the amount will not exceed the cost of attendance for that award year.
Learn more about this grant on the Federal Student Aid website.