New College Grants for the 2006-2007 School Year



Brand New College Grant Information for the Upcoming Year

George W. Bush has approved funding for a couple of college grants called the National Smart Grant and Academic Competitiveness Grant. There is around $700 million dollars set aside particularly for these two grants. The aim of the new grant money is to help students pursue a career in the science, math, and technological fields. Both grants grants have gone into effect for the current school year. Each of the grants has their own set of eligibility requirements. The items below describe the eligibility requirements. Students may need to meet additional prerequisites before they can receive grants for college.

The Academic Competitiveness Grant is awarded only to first and second year college students. First year students are eligible to be awarded up to $750 toward tuition costs and sophomore students may be awarded around $1300. Here is a list of the requirements to become eligible for the Academic Competitiveness Grant.

Students may be eligible to receive the Academic Competitiveness Grant if:

They’re enrolled full-time as either a first or second year student in a 2-4 year program.

They are eligible to receive the Pell Grant. (College students who are given the Academic Competitiveness Grant may also use the Pell Grant towards their tuition.).

They’ve gone through a rigid plan of study in high school as defined by the national education guidelines.

They maintained a 3.0 grade point average during their first year. (For second year students)

They’re currently a United States citizen.

They completed high school no sooner than January 1, 2006 for freshmen and January 1, 2005 for second year students.

The National Smart Grant is awarded to junior and senior students in college. Senior and junior students may be eligible to receive up to $4000. Below you’ll find the list of current requirements for the National Smart Grant.

College students may receive the National Smart Grant if:

They are enrolled as a full time third or fourth year college student in a four-year degree program.

They’re eligible to receive a Pell Grant. (College students who receive the National Smart Grant may also apply the Pell Grant towards tuition for college.).

They’re a citizen of the U.S.

They maintained at least a 3.0 grade point.

They have declared to graduate with a degree in technology, science, mathematics, engineering, or a significant foreign language.

If college students don’t meet the criteria for the National Smart Grant or the Academic Competitiveness Grant, there are various other college government grants out there. Requirements are based on the grant. Students may be eligible to obtain a grant depending on academic performance, athletic talent, or financial need. Others could get a grant based on their religious background, ethnic background, or major. Listed are some helpful pointers on how to better your odds of being approved for college grant money:

Check out various government grant programs to find college grants you may qualify for. Fill out applications for a variety of college grants. Start the application process early in the year. Complete a Free Application for Federal Student Aid. Earn and maintain a 3.0 grade point average. Always stay positive.We encourage high school students to plan to go to college as early as possible. A big number of requirements for grants are dependent upon high school grade point average (GPA), extracurricular activities (including athletics), and area of study. Those who plan early on are more than likely to receive one or more grants.

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