joliejoe
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The different kinds of financial assistance for the single mother are summarized under the following headings:
Federal Pell’s Grant
It is a kind of grant that is awarded to the undergraduate students. The maximum amount that you can receive is $4,731 and the amount changes per year depending upon the funding of the program.
Federal Supplemental Educational Opportunity Grant (FSEOG)
FSEOG is a financial program for the undergraduate students who have dire financial needs. Depending upon the program of study, every year you can avail maximum of 4,000 dollars. The amount can help you to pay for the extra educational expenses like purchasing of books, paying for the exam fees etc.
Academic Competitive Grant
In this grant, a student can receive up to $750 for the 1st year of undergraduate study and from 2nd year onwards can avail an amount up to $1,300. This grant is only available to the full time students and must maintain a grade point average of not less than 3.
SMART Grant
This grant is meant for the undergraduate students in the 3rd and 4th year of their study and is majoring in computers, mathematics, engineering or sciences. The students should maintain a cumulative grade point average of not less than 3.
These were some of the different grants available for the financial assistance for single mother.
Apart from the grants, there are many federal aid programs available for the single mother like:
• Federal Stafford Loan: This is one of the most popular federal loan programs. The loan is either subsidized or unsubsidized. Annually you can avail a loan maximum up to $7,500 for the undergraduates and $12,500 for the graduate students.
• Graduate Plus Loan: This is a low interest federal loan in which the maximum loan amount that you can avail is the cost of your entire education.
• Parent Plus Loan: This loan is made directly available to the parents. In this case, it will be you. In order to qualify for this loan, you need to have good credit scores and must be working in an organization with regular monthly salary.
So, these are some of the different financial assistance that is available for the single mother. I hope that this information would be helpful to you.
 Posted 847 days ago
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