The Latest College Grant Information for the 2006 School Year
George W. Bush approved the funding for two fairly new college grants known as the National Smart Grant and Academic Competitiveness Grant. Over $700 million dollars has been budgeted particularly for these grants. The intent of the grant money is to promote students to pursue a career in the science, technology, and math fields. Both of the grants have taken effect for the current academic school year. Each grant has different requirements to become eligible. The following items are an explanation of the main requirements. Students should keep in mind that they could be required to meet more prerequisites before they can receive grant money.
The Academic Competitiveness Grant is awarded to both freshman and sophomore college students. First year students can collect up to $750 toward their tuition costs and sophomores can be awarded as much as $1300. Below you'll find the requirements to become eligible for the Academic Competitiveness Grant.
College students could receive the Academic Competitiveness Grant if:
They are currently enrolled full-time as a first or second year college student in a two or four year undergraduate degree program.
They're eligible to receive the Pell Grant. (College students who receive the Academic Competitiveness Grant can also apply the Pell Grant towards their college tuition.).
They have finished a rigorous plan of study in high school as defined by national education requirements and standards.
They earned at least a 3.0 grade point average during their first college year. (This applies to sophomores)
They're currently a U.S. citizen.
They graduated from senior high school following January 1, 2006 for freshmen students and January 1, 2005 for sophomore students.
The National Smart Grant is given to third and fourth year students in college. Juniors and seniors may be eligible to receive up to $4000. Below you will find the eligibility requirements for the National Smart Grant.
College students may be eligible to receive the National Smart Grant if:
They're currently enrolled full-time as a junior or senior student in a four-year undergraduate program.
They're eligible to receive the Pell Grant. (Students who are awarded the National Smart Grant can also receive a Pell Grant to go towards tuition for college.).
They are a citizen of the U.S.
They have maintained a cumulative 3.0 grade point.
They have declared a major in mathematics, science, technology, engineering, or a critical foreign language.
For those students who do not meet the requirements for the Academic Competitiveness Grant or the National Smart Grant, there are numerous other college government grants available. Requirements are based on the grant. Students are eligible to receive a college grant based on financial need, athletic ability, or academic accomplishment. Other people could receive a grant based on their ethnic background, religious background, or major. The following are a few useful pointers that will help you better your odds of obtaining college grants:
We encourage students in high school to plan for college right at the start. A number of requirements for college grants are based upon high school GPA, extracurricular activities, and area of study. Students who prepare early are more likely to be awarded at least one grant for college.
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