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Financial Aid Overview
<<< STEP 3: GET AN UNDERSTANDING OF THE TYPES OF FINANCIAL AID AVAILABLE
New Federal Student Grants
Two new federal student aid programs have been established to encourage students to take more challenging courses in high school - making success in college more likely - and to pursue college majors in high demand in the global economy, such as science, mathematics, technology, engineering and critical foreign languages.
These programs, which became available with the 2006-07 academic year, are the following:
- Academic Competitiveness Grants up to $750 for students in their first year of college and up to $1300 for students in their second year of college; and
- National Science and Mathematics Access to Retain Talent (SMART) Grants up to $4,000 available to students in their third and fourth years of college who are pursuing a major in mathematic, science, technology, engineering, or a critical foreign language with a cumulative college grade point average of at least a 3.0.
All students must meet the following requirements: (1) be eligible for Federal Pell Grants; (2) be a United States citizen; (3) be a full-time student, and (4) meet the academic qualifications.
Each program has additional eligibility requirements which are outlined in the  pdf.
More information on Academic Competitiveness Grants and National SMART Grants can be found at: www.ed.gov
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- Step 1:
Estimating Your
Financial Aid
Eligibility
- Step 2:
Filing a FAFSA
- Step 3:
Types of
Financial Aid
- Step 4:
The Student Aid
Report, Award
Packages and
Disbursement
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