Grants from the Government
Wednesday, June 4th by Terreece M. ClarkeHere are some great grants just established by the 2005 Higher Education Reconciliation Act of 2005. Remember, grants do not need to be repaid. Whoo hoo!
Higher Education Reconciliation Act of 2005
Two new student aid grant programs were created by a federal law that went into effect on July 1, 2006. They are the Academic Competitiveness Grant (ACG) and the National Science and Mathematics Access to Retain Talent Grant (National SMART Grant). See below for more information about each grant program.
Academic Competitiveness Grant is available for first year undergrads up to $750 and second year undergrads up to $1,300.
Eligibility:
- U.S. citizen;
- Federal Pell Grant eligible;
- Enrolled full-time in a degree program;
- Enrolled in the first or second academic year of your program of study at a two-year or four-year degree-granting institution;
- Have at least a cumulative 3.0 grade point average on a 4.0 scale for the first academic year (if you are a second-year student).
National Science and Mathematics Access to Retain Talent Grant
The National Science and Mathematics Access to Retain Talent Grant (National SMART Grant) is for third- and fourth-year undergraduate students who are eligible to receive up to $ 4,000 each year.
Eligibility:
- U.S. citizen;
- Federal Pell Grant eligible;
- Enrolled full-time pursuing a major in physical, life or computer sciences, mathematics, technology, engineering, or a critical foreign language; and
- Have at least a cumulative 3.0 grade point average on a 4.0 scale.
