Information about the Student Grants That Are Available From the US Government May 08, 2012

In most of the cases, the amount of grant does not cover the whole amount of fees that is required for the studies but it only provides support. Most of the grants offer some few thousands of dollars for the highly nerdy students.

Types of grants

The programs of grants that are available to the students include:

  • Federal Pell Grant,
  • FSEOG (Federal Supplemental Educational Opportunity Grant),
  • ACG (Academic Competitiveness Grant),
  • SMART (Science and Mathematics Access to Retain Talent) grant.

PELL GRANT

The amount of federal Pell grant depends on the budgetary allocations of the government to that purpose. The amount allocated per student depends on the:

  • length of study,
  • cost of attendance,
  • mode of study (full-time or part-time), and
  • the expected family contribution.

Qualifying for Pell grant makes you eligible to the qualification for the award of other grants such as the federal supplemental educational opportunity grant, academic competitiveness grant and science and mathematics access to retain talent grant

FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (FSEOG)

This is aid program that is campus-based. It is aimed at supporting the education of the Pell Grants recipients that are seriously financially impaired with amounts ranging from $100 to $4,000. A very low expected family contribution in most cases leads to higher amount of FSEOG.

The amount of award depends on:

  • The tuition cost,
  • Pell Grant award,
  • Policies of the university on financial aid, and
  • The auxiliary grants and scholarships

ACADEMIC COMPETITIVENESS GRANT

Established in 2006, this grant is awarded to highly performing 1st or 2nd year students. The applicants must:

  • be 1st or 2nd year students
  • be recipients of the Pell Grant,
  • enrolled in at least two year course
  • have maintained 3.0 GPAs.

Maximum award for 1st year applicants is $750 while for second year it is $1, 300.

SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT (SMART)

This grant is warded to the 3rd and 4th year students. The applicants must be:

  • academically talented,
  • Pell grant recipients, and
  • Majoring in highly needed foreign language or SMET field.

Successful SMART applicants may be awarded up to $4,000.

Tags: student grants

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