A grant is free money — you don’t have to pay it back. The most common types of student grants come from federal, state and university resources.
Grants for college students are usually need-based — that is, if your family income is under a certain amount, then you may qualify. The purpose of a grant is to help you pay for college when you and your family might not otherwise be able to afford it.
All grants require the student to file a FAFSA by the ASU priority filing date of Jan. 15 each year and are awarded to students who are eligible for need-based aid. Completion of the FAFSA by the priority filing date of Jan. 15 is recommended due to the funding limitations of some programs. Monitor your My ASU account and submit all documents promptly. Your financial aid file must be complete before grant eligibility is considered.