National SMART Grant (NSG)
"National SMART Grant (NSG)" submitted by SchoolGrantsfor Editorial Team and last updated on Friday 22nd July 2011
The National Science and Mathematics Access to Retain Talent Grant, also known as the National SMART Grant is available during the third and fourth years of undergraduate study (or fifth year of a five-year program ) to at least half-time students who are eligible for the Federal Pell Grant and who are majoring in physical, life, or computer sciences, mathematics, technology, or engineering or a critical foreign language, or non-major single liberal arts programs. Students must also maintain a cumulative grade point average (GPA) of at least 3.0 in course work required for the major. The National SMART Grant award is in addition to the student's Pell Grant award.
To be SMART grant eligible, students must have declared and actively pursuing designated majors. ‘Actively pursuing’ means showing a pattern of coursework consistent with other students in that major. For example, biology majors usually take biology, chemistry, and math courses in order to pursue that degree.
The amount of SMART in combination with other financial aid does not exceed demonstrated need. Juniors (90-134 credits) are eligible to receive up to three terms of this grant. Once a student becomes a senior (135 or more credits) they are no longer eligible for the Junior SMART grant even if they haven't received it for three terms. Fourth year Seniors (135+ credits) are eligible to receive up to three terms of this grant.
The amount of the SMART Grant or ACG when combined with a Pell Grant, may not exceed the student's cost of attendance. In addition, if the number of eligible students is large enough that payment of the full grant amounts would exceed the program appropriation in any fiscal year, then the amount of the grant to each eligible student may be ratably reduced. Academic Competitiveness Grants are available to students for their first and second academic years of college. National SMART Grants are available to students for their third and fourth academic years of college.
Type of Aid:
Grant does not have to be repaid
This grant program is for full-time undergraduate students who are enrolled in the third or fourth year of undergraduate study. The award is for up to $4,000 for each of the third and fourth years.
Eligibility is Based On
- Receiving a Pell Grant
- Majoring in physical, life or computer sciences, technology, math or engineering, or certain foreign languages
- Must have at least a 3.0 cumulative college GPA in the courses for your program. More: Undergraduate Students GPA requirement For National SMART Grant
- Must be enrolled in at least one course required for your major
Monthly Grant Repayment Schedule and Duration
You must be completing or plan to complete course work needed to begin a career in teaching. If you do not complete your teaching service obligation, the amounts of the TEACH Grants you received will be converted to a Direct Unsubsidized Loan that you must repay with interest charged from the date of each TEACH Grant disbursement.
National SMART Grant (NSG) Eligible Fields of Study: http://ifap.ed.gov/dpcletters/attachments/GEN1012Attach.pdf