Need-based grants are the most sought-out forms of the State’s financial aid programs for college education funding, as they do not need to be repaid. Eligibility is based solely on the assets and income of the prospective student and his or her family.
Factors such as test scores or athletic ability have no bearing on any aid designated need-based. Students must be aware that especially in tough economic periods, receiving free money for college will be highly competitive, so the sooner you apply, the more chances you will have.
Remember the State of Maryland deadline to apply for many of the state financial aid programs is March 1st!
The Maryland Higher Education Commission offers a variety of state grants to students attending four-year colleges or universities, community colleges, and career schools.
Educational Assistance Grant
You and your parents (if you are a dependent student) must be Maryland residents. You must enroll at a two-year or four-year Maryland college or university as a full-time (12+ credits per semester), degree seeking, undergraduate student. Audited courses cannot be used to reach the minimum credit hours required for full-time status. You must demonstrate financial need. All applicants are ranked by Expected Family Contribution (EFC). Your EFC is based on information reported on the FAFSA. Students with the lowest EFC are awarded first.
2 + 2 Transfer Scholarship
You and your parents (if you are a dependent student) must be Maryland residents. You must be currently enrolled at a community college in Maryland and have earned an associate’s degree by the end of the semester in which you plan to transfer. You must also be accepted for admission to a degree program at a public 4-year higher education institution or a private nonprofit 4-year institution of higher education in Maryland and intend to enroll in order to complete a bachelor’s program.
You and your parents (if you are a dependent student) must be Maryland residents. You must enroll at a two-year or four-year Maryland college or university as a part-time (6-11 credits per semester), degree-seeking undergraduate student. You must demonstrate financial need.
Recipients are selected by the institution.
The U.S. Department of Education offers a variety of federal grants to students attending four-year colleges or universities, community colleges, and career schools