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College Grants for the 2006-07 School Year

George W. Bush approved funding for new college grants known as the Academic Competitiveness Grant and National Smart Grant. More than $700 million dollars has been set aside for these grants. The idea behind the new college grants is to help students pursue a major in the technological, math, and science fields. Both of the grants have gone into effect this year. Each of these student grants has different eligibility requirements. The items listed below describe the eligibility requirements. Students may be required to meet more requirements to be able to receive grant money.

The Academic Competitiveness Grant is an award given to first and second year college students. Freshman students are eligible to collect as much as $750 toward tuition and eligible sophomore students may be awarded as much as $1300. Below you'll find a list of eligibility requirements for the Academic Competitiveness Grant.

College students may receive the Academic Competitiveness Grant if:

        They're currently enrolled full-time as a first or second year college student in a 2-4 year undergraduate degree program.

        They're qualified to receive the Pell Grant. (College students who are awarded the Academic Competitiveness Grant can also receive the Pell Grant to help with their college tuition.).

        They've gone through a rigid plan of study in high school as defined by national education standards and requirements.

        They earned at least a 3.0 grade point average during their first academic year. (For sophomores)

        They're currently an American citizen.

        They graduated from high school after January 1, 2006 for first year students and January 1, 2005 for sophomore students.

The National Smart Grant is awarded to junior and senior year students enrolled in college. Junior and senior students can receive up to $4000. Below are the current requirements for the National Smart Grant.

Students are eligible to receive the National Smart Grant if:

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

        They qualify for a Pell Grant. (Students who are given the National Smart Grant may also receive the Pell Grant to help with their tuition expenses.).

        They are a United States citizen.

        They maintained a cumulative 3.0 grade point average.

        Their major is in mathematics, science, technology, engineering, or a essential foreign language.

For college students who do not meet the guidelines for the Academic Competitiveness Grant or the National Smart Grant, there are several other college government grants that are available. The eligibility requirements are based upon the grant. Students may be eligible to receive a college grant depending on athletic talent, financial need, or academic accomplishment. Others could receive a college grant based on their ethnicity, major, or religious background. Below are a few helpful hints about how you can better your possibility of getting approval for a college grant:

We encourage students attending high school to plan for their college education as early as possible. A considerable number of requirements for grants are contingent on high school grade point average (GPA), interest of study, and extracurricular activities. Those who plan ahead are more than likely to be awarded one or more grants for college.

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