need-based grants

Poverty-triggered scholarships

Need-based grants are financial awards given to students based on their economic circumstances rather than academic achievement or other merit.

Unlike loans, grants don't require repayment.

Eligibility typically depends on family income, assets, and household size: She qualified for need-based grants after submitting her financial aid forms.

The Pell Grant is the most common federal example.

Related

tuition assistance · cost of attendance · college affordability · low-income · college · applications · eligibility · awards · free money · deadlines · enrollment · poverty · assistance · opportunity · forms · merit · qualifying · income verification

Opposites
repayment obligation

need-based grantsstudent loans

Borrowed funds for tuition

borrowed money · subsidized loans · work-study

source and structure

need-based grantswork-study programs

Student employment for financial aid

tuition reimbursement

Family

need, needs, needed, needing, needy, needful, needless, needlessly, base

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