Educational Grants - Financing Your Education with State Assistance
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The Leveraging Educational Assistance Partnership is overseen by the Department of Education and is directly administered from the Department of Education's headquarters.

The Federal Student Aid office awards grants to State student scholarship or provides money to grant assistance agencies for making grants available or providing work-study financial assistance to students. From there the amount is determined by the financial aid officer and is governed by the number of applicants and the availability of funds at a particular school. Even though the allotment is going to be changing each year, each state is at least guaranteed it will never receive less finances than it did in the allotment of 1979.

The total grants were $64,987,000 in 2007; approximately $63,852,000 in 2008; $63,852,000 in 2009 and $63,852,000 in 2010. Depending on the need of the student and how much they are assigned designated by the institution, the grant received through the program can be as much as $5,000 for a student that is considered full-time (if the student is less than full-time the maximum allotted grant goes down). The average grant that students benefit from with the Leveraging Educational Assistance Partnership is $1000.



Educational Grants - Financing Your Education with State Assistance
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About The Author The author edits a site featuring Grants for Education and another Government Grants site providing info on every grant the federal government offers. Michael Saunders has an MBA from the Stanford Graduate School of Business.

Additional Resources

category - Education Grants

Financing Your Education - Federal Perkins Loans
The Federal Perkins Loan Program helps those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance with a low interest loan. The loan is in place to help them meet their educational expenses to the completion of a postsecondary degree.

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Financing Your Education - Work Study Opportunities
The Federal Work-Study Program assists those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance by providing them with part-time employment. Not only does the Federal Work-Study Program provide part-time employment, it also encourages these students to participate in community service activities.

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What is the Difference between Getting a Federal Student Loan and a Private Student Loan?
Student loans can be very tricky, and are very confusing to most. In many situations, families are accepted for all different kind of loans and then are left in the dark when it is time to pay it back or fail to realize that they owe as much due to accrued interest.

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2012 University Center Economic Development Program Competition
The Economic Development Administration has recently established the 2012 University Center Economic Development Program Competition wherein they intend to solicit grant applications from higher education institutions stating their intent to establish and operate special University Centers that are focused on leveraging university assets in order to create regional economic ecosystems that will support high-growth entrepreneurship.

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