If you’re one of the 415,000 children living in the foster care system in the U.S., there are many educational programs you can take advantage of.
The federal government launched a grant program to cover college or vocational training costs to help foster children or former foster kids. Learn more about how this program can help you get an education and find a career.
How the John H. Chafee Grant helps foster children
Foster children leave the system when they turn 18, regardless of their situation. While other kids are packing up for college or taking a gap year with the encouragement of their families, many former foster children are on their own. Once they age out, the foster care system no longer provides financial support or other resources.
In an attempt to address this issue, Congress passed the John H. Chafee Foster Care Independence Act (FCIA) in 1999. The government designed the FCIA to help older foster children transition successfully into life as independent adults.
In 2002, the FCIA was expanded to include the Education Training Voucher (ETV) program. This is a federally backed initiative that provides foster children and former foster kids with funding and support for their educations.
How Chafee FCIA works
As part of the program, you could receive up to $5,000 a year as a grant to pay for qualifying education expenses. Since it’s a grant, you don’t have to pay the money back as you would with student loans. This can help make school more affordable.
You can use the Chafee Grant to attend an accredited college or a vocational school. The money can be spent on tuition, fees, books, supplies, housing, or transportation.
You can combine the ETV program with other scholarships or grants to reduce the amount of student loan debt you need to take on to pay for school. If you’ve exhausted those options, you can turn to federal student loans to fill the gap and pay for your education, as well. With grants and federal loans, you’ll have less debt after graduation.
The eligibility criteria can differ from state to state, but in general, you must fit one of the following criteria:
- Likely to remain in foster care until the age of 18
- Adopted at the age of 16 or older
- Between the ages of 18 and 21 and have aged out of the foster care system
To get the ETV grant, you need to be a U.S. citizen or qualified non-citizen and be enrolled in an accredited school. Some states also have limits on your personal assets, such as your savings account balance, car, and home.
Applicants must be at least 18, but younger than 21 when they apply for the first time. Because you can receive the grant for multiple years, you can reapply for additional grants to pay for your education each year until you turn 23.
How to apply
In most areas, the ETV grants within the John H. Chafee Foster Care Independence Program are administered by the state.
To apply, look up the Child Welfare Agency in your state. You can find a list of program coordinators and their contact information on the Foster Care to Success ETV website.
If you can’t find your state, know that some states have third-party organizations that manage the grants program and have different application processes. These states are:
- New York
- North Carolina
To apply for an ETV grant in any of these states, visit the Foster Care to Success website and navigate to your area’s listing. The site will detail how to apply and who will handle your application.
To ensure you’re eligible for the grant, complete the Free Application For Federal Student Aid (FAFSA), as many states require it. You might also have to prove progress towards a degree or career credential. Each state has their own limits on funding, so the earlier you apply for the grant, the better your chances are of getting one.
To continue to receive the grant, the states and distributing organizations require you to complete the FAFSA each year.
There are other forms that need to be completed for every term, as well. These are a Financial Aid Release form and a signed Student Participation Agreement. Both documents can be completed online.
The ETV governance also requires your school transcripts, showing progress towards your degree and the number of credits you’ve completed. You must also contact the ETV representatives twice a month to check in — either by phone or email.
Getting an education
With foster care college grants like the John H. Chafee Foster Care Independence program and the Educational Training Voucher grant, you can afford to go to school without taking on a lot of debt.
As a former foster child, you might face unique problems and challenges. But getting an education can help you make the transition out of the system and lead to a successful career.
For more information on paying for school, check out these scholarships that will cover the complete cost of tuition and more.
Need a student loan?Here are our top student loan lenders of 2018!
|1 Important Disclosures for CollegeAve.
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or Nationwide Bank, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
2 Important Disclosures for Discover.
3 Important Disclosures for Ascent.
Before taking out private student loans, you should explore and compare all financial aid alternatives, including grants, scholarships, and federal student loans and consider your future monthly payments and income. Applying with a cosigner may improve your chance of getting approved and could help you qualify for a lower interest rate. Ascent Student Loans may be funded by Richland State Bank (RSB) or Turnstile Capital Management, LLC (TCM), which are not affiliated entities. Certain restrictions and limitations may apply. Ascent Student Loan products are subject to credit qualification, completion of a loan application, verification of application information and certification of loan amount by a participating school. All loan products may not be available in certain jurisdictions. Other terms and conditions apply. Ascent is a federally registered trademark of TCM and may be used by RSB under limited license. Richland State Bank is a federally registered service mark of Richland State Bank.
* Application times vary depending on the applicants ability to supply the necessary information for submission.
* The Sallie Mae partner referenced is not the creditor for these loans and is compensated by Sallie Mae for the referral of Smart Option Student Loan customers.
4 = Sallie Mae Disclaimer: Click here for important information. Terms, conditions and limitations apply.
5 Important Disclosures for PNC.
PNC Bank is one of the nation’s largest education loan providers. For over 40 years, PNC has been committed to helping students and their families make possible the adventure of college.
6 Important Disclosures for SunTrust.
Before applying for a private student loan, SunTrust recommends comparing all financial aid alternatives including grants, scholarships, and both federal and private student loans. To view and compare the available features of SunTrust private student loans, visit https://www.suntrust.com/loans/student-loans/private.
Certain restrictions and limitations may apply. SunTrust Bank reserves the right to change or discontinue this loan program without notice. Availability of all loan programs is subject to approval under the SunTrust credit policy and other criteria and may not be available in certain jurisdictions.
SunTrust Bank, Member FDIC. ©2018 SunTrust Banks, Inc. SUNTRUST, the SunTrust logo and Custom Choice Loan are trademarks of SunTrust Banks, Inc. All rights reserved.
7 Important Disclosures for LendKey.
Additional terms and conditions apply. For more details see LendKey
8 Important Disclosures for CommonBond.
A government loan is made according to rules set by the U.S. Department of Education. Government loans have fixed interest rates, meaning that the interest rate on a government loan will never go up or down.
Government loans also permit borrowers in financial trouble to use certain options, such as income-based repayment, which may help some borrowers. Depending on the type of loan that you have, the government may discharge your loan if you die or become permanently disabled.
Depending on what type of government loan that you have, you may be eligible for loan forgiveness in exchange for performing certain types of public service. If you are an active-duty service member and you obtained your government loan before you were called to active duty, you are entitled to interest rate and repayment benefits for your loan.
A private student loan is not a government loan and is not regulated by the Department of Education. A private student loan is instead regulated like other consumer loans under both state and federal law and by the terms of the promissory note with your lender.
If your private student loan has a fixed interest rate, then that rate will never go up or down. If your private student loan has a variable interest rate, then that rate will vary depending on an index rate disclosed in your application. If the interest rate on the new private student loan is less than the interest rate on your government loans, your payments will be less if you refinance.
If you don’t pay a private student loan as agreed, the lender can refer your loan to a collection agency or sue you for the unpaid amount.
Remember also that like government loans, most private loans cannot be discharged if you file bankruptcy unless you can demonstrate that repayment of the loan would cause you an undue hardship. In most bankruptcy courts, proving undue hardship is very difficult for most borrowers.
9 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
|3.69% – 10.94%1||Undergraduate, Graduate, and Parents||Visit CollegeAve|
|3.99% – 12.99%2||Undergraduate and Graduate||Visit Discover|
|3.82% – 12.82%3||Undergraduate and Graduate||Visit Ascent|
|4.12% – 10.98%*,4||Undergraduate and Graduate||Visit SallieMae|
|5.03% – 11.23%5||Undergraduate and Graduate||Visit PNC|
|3.88% – 12.88%6||Undergraduate and Graduate||Visit SunTrust|
|4.68% – 9.77%7||Undergraduate and Graduate||Visit LendKey|
|3.72% – 9.68%8||Undergraduate, Graduate, and Parents||Visit CommonBond|
|4.04% – 12.01%9||Undergraduate, Graduate, and Parents||Visit Citizens|