Top 3 Scholarships for College Students
Discover the top three college scholarships available nationwide, including Pell Grants, SMART Grants, and the Gilman Scholarship. These grants provide vital financial aid for students pursuing undergraduate and study-abroad programs, helping reduce the financial burden of higher education. Learn eligibility criteria, application processes, and award amounts to maximize your chances of securing funding for your academic journey.
Top Three Scholarships for College Students
Many students aiming for higher education seek financial support to manage college expenses. Since most students cannot afford tuition without assistance, grants and loans become essential. While loans must be repaid with interest, grants are ideal as they do not require repayment. Various grant programs from government and private sectors help students cover educational costs across different fields. These grants are especially vital for students from diverse backgrounds who need financial aid to pursue their academic goals.
The U.S. Department of Education offers some of the most comprehensive federal grant options available to students nationwide. Here are the top three scholarships that are not restricted to a specific state or institution:
The Federal Pell Grant
Federal Pell Grants are accessible to all prospective college students. Designed for undergraduates who have not earned a bachelor’s or professional degree, these grants are awarded based on significant financial need. Sometimes, students enrolled in postbaccalaureate teacher certification programs are also eligible.
Initiated in 2006, these programs aim to boost STEM education and encourage at-risk students to undertake challenging coursework in high school. The National SMART Grant promotes majors in high-demand fields such as science, technology, engineering, mathematics, and foreign languages. The Academic Competitiveness Grant supports first and second-year college students, while SMART Grants target third and fourth-year students. Eligibility includes being a Pell Grant recipient, U.S. citizenship, full-time enrollment at a four-year institution, and maintaining at least a 3.0 GPA. Average awards for 2018-19 were approximately $845 for Academic Competitiveness and $3,780 for SMART Grants.
This scholarship assists students wishing to study or intern abroad, especially those with limited financial means. It encourages learning critical foreign languages and promotes international experience. Veterans and military personnel are encouraged to apply, often receiving preference. Requirements include being a U.S. citizen, currently enrolled as an undergraduate at an accredited U.S. institution, and receiving a Pell Grant. Applicants must also choose study programs in countries with Travel Advisory Level 1 or 2, as designated by the U.S. Department of State.
