Grants are funds you receive based on your academic record, FAFSA or ORSAA, and state residency. You do not have to repay these funds. Grant eligibility and/or amounts can change each year based on your Student Aid Index (SAI) or enrollment (full-time or part-time) according to your FAFSA or ORSAA.
Your SAI is calculated using the information you submit in your FAFSA and determines how much federal student aid you are eligible for and is reported to you on your FAFSA Submission Summary.
Grants can come from the federal, state, or tribal government(s) or the school and can have different applications. Some grants and scholarships can be renewed, some require you have to apply and qualify for each academic year.
Federal Grants
The U.S. Department of Education offers a variety of federal grants to qualified students who have financial need or high achieving students studying certain majors. Submit the FAFSA each year to apply for these grants. Eligibility for these program and the annual amount of this grant are determined by the FAFSA and included in your award letter.