Grants Overview Questions? Grants are free money. A grant is a need-based award that does not need to be repaid. Along with scholarships, grants are the best form of financial aid. The main difference is that scholarships typically look at academic merit as well as financial need, whereas grants are almost exclusively awarded because of financial need. There are federal, state, private and institutional grant programs.

Who gets grants? Your eligibility for grant programs depends on a number of factors - but primarily on your level of financial need (as determined by your FAFSA information). Most grants go to dependent, undergraduate students at Seguin Beauty School who demonstrate a high level of financial need. See our How is Aid Calculated? page for more information about how need is established.

The most important thing for students seeking grants to remember is to file their FAFSA by our priority deadline. Since grant funds are limited, we can only give the maximum consideration to those students who have met the priority deadlines.

Federal Pell Grant The Pell Grant is a federal grant awarded to all eligible students working on their first undergraduate degree who have filed a FAFSA and demonstrate certain levels of financial need. The amount of Pell a student receives varies with their financial need. The maximum annual Pell award for 2008-2009 is $4,731.00. The maximum annual Pell award for 2009-2010 is $5350.00.