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Unlike loans, grants don’t have to be paid back, and there’s no limit to how many you can get. ... You do not need a minimum high school grade point average, but you must maintain a 2.0 post ...
Since 2008, states have reduced their school funding from taxes by 12%, the most pronounced drop on record. [15] The majority of targeted school funding reforms have been in response to court orders, often due to lawsuits. [16] Despite some efforts to improve school funding, 60% of schools report that their facilities need repair. [17]
There is an asymmetric information problem since schools have full knowledge of their customers' ability to pay while students and their families have little information about costs that colleges face to provide their services. That is, when planning for the next academic year, a school will know its current and projected costs as well as each ...
Most grants have a term of one year (although some may have a longer lifespan, even indefinitely), and the recipient must use the assistance within that timeframe. This is done because federal assistance is tied to the federal government's budget process, and any funds not used by a recipient within the specified time limit reverts to other uses.
Education Week reports that 89 districts in more than 30 states, as well as the District of Columbia, Puerto Rico, and American Samoa, have received EPA grants for electric school buses.
If you’re one of the many Americans who can’t afford college without help, you’re probably looking at grants — as well as federal and private student loans — as part of your education ...