Federal grants can save you thousands of dollars

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The Department of Education spends billions of dollars annually through grants for students. The primary benefit of grants is that the student does NOT need to repay the government. Students are eligible for grants by completing and submitting the FAFSA form. Although there are many grants, the main opportunities are the Federal Pell Grant, Federal Supplemental Education Opportunity Grant (FSEOG), Academic Competitiveness Grant (ACG), National Science and Mathematics Access to Retain Talent Grant (National SMART Grant), Teacher Education Assistance for College and Higher Education Grant (TEACH Grant), and other institutional grants.