The Latest College Grant Information for the 2006 School Year
The President of the United States has approved the funding for two brand new college grants called the National Smart Grant and Academic Competitiveness Grant. About $700 million dollars is reserved just for these two grants. The whole purpose behind the grant money is to promote students to pursue a career in the science, technological, and math fields. Both grants grants have taken effect for the current school year. Each of the student grants has special eligibility requirements. The following items explain the requirements for the grants. Students might be required to meet additional requirements before receiving grants for college.
The National Smart Grant is an award given to junior and senior year students in college. Junior and senior students may receive up to $4000. Below is a list of eligibility requirements for the National Smart Grant.
Students may be eligible to receive the National Smart Grant if:
They are currently enrolled as a full time senior or junior in a four-year undergraduate degree program.
They are eligible for a Pell Grant. (College students who receive the National Smart Grant can also use the Pell Grant towards college tuition.).
They are a United States citizen.
They earned a cumulative 3.0 grade point.
They are planning to graduate with a degree in technology, engineering, mathematics, science, or foreign language.
The Academic Competitiveness Grant is an award given to freshman and sophomore college students. First year students could collect up to $750 toward their tuition costs and eligible sophomore students may receive up to $1300. Below is a list of eligibility requirements for the Academic Competitiveness Grant.
Students may receive the Academic Competitiveness Grant if:
They're currently registered as a full-time freshman or sophomore student in a two or four year undergraduate degree program.
They're qualified to receive the Pell Grant. (College students who receive the Academic Competitiveness Grant can also apply the Pell Grant to their college expenses.).
They completed a rigid high school plan of study compliant with the national education requirements and standards.
They maintained a cumulative 3.0 grade point average during their first year of college. (This applies to sophomores)
They're currently a United States citizen.
They finished senior high school later than January 1, 2006 for freshmen students and January 1, 2005 for sophomores.
For students who do not meet the requirements for the National Smart Grant or the Academic Competitiveness Grant, there are other college government grants made available. The requirements dependent upon the grant. Students are eligible to acquire a college grant based on financial need, athletic talent, or academic accomplishment. Other students could obtain a grant based on their area of study, ethnicity, or religious affiliation. Listed are some valuable hints about how to increase your odds of obtaining a grant for college:
Students in high school are encouraged to plan for a college education as early as possible. A number of eligibility requirements for grants are based off of high school GPA, area of study, and extracurricular activities. Students who start planning early are more likely to receive at least one grant for college.
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