It is unbelievable, but this is actually happening. The US Department of Education is allotting millions of dollars for doling out to students all over the country, as financial assistance for entering college. A sum of $67 billion is available as free college grants, loans and campus-based aid. Information on these free college grants are everywhere, and any student who meets the eligibility requirements can apply. These free college grants are awarded to students who excel in academics but cannot afford to pay for college.

A college education can open doors to various opportunities in the future. It is unfortunate that not all students who want to improve their life have the chance to do so. Either they simply give up because they have no money to pay for a college education, or they just do not know about these grants. If you know of a student who is driven to succeed, or if you are a student yourself and you could use these free grants, find more information about grants now.

A good example of free college grants is Federal Pell Grants. You only need to indicate in your application that you need financial assistance. These are not like loans that you have to repay after a certain timeframe. There is no set amount that is awarded, and the amount of financial aid given to students could depend on the student, the financial need or the budget. This is because these grants and the management thereof depend on Congress. Grants may be given to part-time and full-time students. One other factor is the cost for attending that particular school.

Campus-based aid programs are given by the Federal Supplemental Educational Opportunity Grant (FSEOG), the Federal Work-Study (FWS), and the Federal Perkins Loans programs. Information on these grants can be obtained from the financial aid offices at each school directly. The funds are given to the school and the school decides how to distribute it among the financially needy students who are enrolled in the college.

Before you can obtain a college grant, you have to make sure you are eligible. You do not want to waste time applying when you do not meet the eligibility requirements in the first place. To qualify for financial aid, you need to have a high school diploma or a GED (General Education Development) certificate. If you do not have this document on hand, you may have to take and pass a qualifying test.

You need to be already enrolled in a course, and you must have exemplary grades to be accepted. You will also need a valid Social Security Number and be either a U.S. citizen or a qualified non-citizen. You also need to be qualified for the selective service.

If you have a drug history, you may not be eligible to receive free grants anymore. In this case, you can apply for loans or for grants provided by private institutions.

Simply fill out the Free Application for Federal Student Aid in order to apply for free college grants, campus-based student aid programs and all loans. If want to learn more, visit their web site (http://www.fafsa.ed.gov/).

You will find more information on how to apply online. Remember, if you are determined to succeed, there are so many ways to obtain your goals.