March 28, 2008, Newsletter Issue #61: Student to Student Grants

Tip of the Week

To help students with a significant demonstrated financial need, some college and universities offer special student to student grants. These are appropriately named since they often come from fees charged to other students. Students who receive a grant like this typically also receive federal grants and low-interest student loans. Continued eligibility for this type of grant will vary but typically require the student to maintain a satisfactory GPA and demonstrate annually that the financial need still exists. At most institutions these funds are limited so qualified students who apply for financial aid early are more likely to have a student to student grant award.

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