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Where do student grants come from?

I would like to know if anyone knows who pays for them? is it donated money or do taxpayers pay them?

Pretty much what was mentioned above. It primarily comes from the taxes taken out of our paychecks.

Although an interesting sidenote, in the end we all benefit from these grants both economically and socially. The reason why the government is so eager to give these grants to low EFC students (who come from families that make very little money and/or are on welfare, medicare, food stamps, etc) is because once these students graduate from school, chances are they are going to be making some good money. That good money will in turn put them in higher tax bracket, so now the government, for making a small "investment" on the student, will make a good amount of taxes from the graduate and their new high-paying career for the rest of the graduate’s working life. This in turn will lead to more taxes for roads, schools, city maintenance, etc. Great concept huh.

This entry was posted on Tuesday, June 22nd, 2010 at 6:59 am and is filed under grants. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Where do student grants come from?”

  1. its tax money that the school gets from the government.
    References :

  2. Federal and state grants consist of taxpayer money, while institutional grants usually come from endowments and donations.
    References :

  3. williamdefalco on June 22nd, 2010 at 2:09 pm

    Pretty much what was mentioned above. It primarily comes from the taxes taken out of our paychecks.

    Although an interesting sidenote, in the end we all benefit from these grants both economically and socially. The reason why the government is so eager to give these grants to low EFC students (who come from families that make very little money and/or are on welfare, medicare, food stamps, etc) is because once these students graduate from school, chances are they are going to be making some good money. That good money will in turn put them in higher tax bracket, so now the government, for making a small "investment" on the student, will make a good amount of taxes from the graduate and their new high-paying career for the rest of the graduate’s working life. This in turn will lead to more taxes for roads, schools, city maintenance, etc. Great concept huh.
    References :

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