Grants are funds that do not have to be repaid unless, you withdraw from school or owe a refund. This would occur if you withdraw, or are administratively withdrawn, from school prior to the end of the term or are awarded funds incorrectly. All grants are awarded to students with financial need. The amount of some grants depends on the cost of attendance, expected family contribution, enrollment status, and whether you attend a full academic year. There are two types of grants awarded by Galveston College, federal grants and state (Texas) grants.