College Scholarships, Grants & Loans

Thursday, April 20, 2006

Academic Competitiveness Grant and SMART Grants

President Bush was visiting Tuskegee University on Wednesday and spoke about a couple of new grants that have recently been passed into law. The Academic Competitiveness Grant (ACG) will provide for additional grants for eligible first and second year students in addition to the Federal Pell Grants. The first year award will be $750 and the second year's $1300.

For the third and fourth year students, SMART Grants of $4000 will be available. In addition to the other requirements, SMART Grant recipients must be majoring in physical, life or computer science, engineering, mathematics, technology or a critical foreign language.

More information and the requirements of the Academic Competitiveness Grants and the SMART Grants may be found at http://www.ifap.ed.gov/dpcletters/attachments/gen0604a.pdf .

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