Student Entrepreneurships Grants to Boost Student Success
Students who want to build their own business are eligible for grants to help them get started.
The Student Entrepreneur Centers (SECs) program offers grants to the most promising students who have demonstrated they can create a business from scratch.
The program was created by the United States Department of Education’s Office for Civil Rights in 2016.
“We’ve seen the success of the programs in our own programs and are looking forward to expanding it to support the creation of a whole new class of students,” said Heather Karr, director of the Office for Educational Equity at the Department of Justice.
“The student entrepreneurship programs have shown tremendous success and are the most popular program within the federal government,” Karr said.
The federal government also offers grants for a wide range of other programs to help students succeed.
It also helps states set up educational programs for high-achieving students.
“It’s important that all students are able to achieve their full potential, and that the federal dollars are not diverted from our educational institutions,” said Attorney General Loretta Lynch.
“These grants are an example of how the federal Government is working to give students the tools they need to get ahead, and keep the momentum of our nation moving forward.”
Students and educators have long been critical of the current student loan program, which is set up to help the wealthy pay for college and a career.
The programs were created by Congress in 2006 and have been used to help low-income students and families with their college costs, but the Obama administration has said the programs are too costly and that they are not working as intended.
“These programs are a model for how students should be receiving assistance,” Lynch said.
“They’re a model of how you can use public funds to create a marketplace for students to make a business.
That’s why we’re supporting them to continue.”
Federal grants can help students from any income level apply for loans and apply for loan modifications, which allow students to pay their student loans more quickly.
Students can also apply for scholarships or work-study.