Grants
Help for families who need assistance to pay for college.
Like scholarships, need-based grants are a gift. They’re based on financial need and require a completed FAFSA.
Albion Grants
Albion Institutional Commitment
Amount: Varies
The Albion College Commitment is the minimum amount of scholarship and grant support you will receive from the College. We are committed to helping students meet the cost of education and provide need-based grants to students who qualify. A FAFSA is required for these funds. In many cases, students are eligible for endowed scholarships or grants from the College which will be used to meet this commitment.
Federal Grants
Pell Grant
- Students must complete a FAFSA.
- For the 2023-24 academic year, the Pell Grant is available to students with an expected family contribution (EFC) of $6,656 or less.
- Beginning in the 2024-25 academic year, the Pell Grant will be awarded based on a combination of the student and/or family’s tax filing status and the poverty guidelines for their state of residence.
- The amount of a Pell Grant will be prorated based on the number of units you are enrolled in for the semester. This will be based on the official enrollment status based on the last day of the drop/add period.
- One half of your award will be credited to your account each semester.
Federal Supplemental Opportunity Grant
- Students must complete a FAFSA and demonstrate financial need.
- Priority is given to Pell Grant recipients.
- One half of your award will be credited to your student account each semester.
Federal TEACH Grant
- Students must complete a FAFSA to be eligible.
- Provides up to $4,000 a year to students who are completing or plan to complete coursework needed to begin a career in teaching.
- Students must agree to serve as a highly qualified teacher at a school serving low-income students in a high-need field for four years.
- If required service is not completed within eight years the grant will revert to an unsubsidized loan.
- Learn more about the TEACH Grant.
Federal Iraq and Afghanistan Service Grant
- Value is equal to the maximum Pell Grant
- For students who are not Pell-eligible and a parent has died as a result of military service in Iraq or Afghanistan after 9/11/01.
- The student must have been less than 24 years old or enrolled in higher education at the time of death.
Michigan Grants
Michigan Tuition Grant/Competitive Scholarship Programs
Amount: Variable depending upon the State allocation. Renewable.
- Available to Michigan residents who graduated from a Michigan high school.
- FAFSA must be filed by May 1 to be eligible.
- Dependent upon financial need and state funding.
- Students must ensure that the required paperwork is submitted to the State of Michigan.
- One half of your award will be credited to your account each semester.
Michigan Achievement Scholarship
Amount: Up to $4,000 depending on state funding
- Available to Michigan residents who graduated from a Michigan high school after May 2023.
- Students must file a FAFSA and have a Student Aid Index (SAI) or $30,000 or less.
- Students must ensure that the required paperwork is submitted to the State of Michigan.
- One half of your award will be credited to your account each semester.