May 16, 2008, Newsletter Issue #116: Academic Competitive Grant Program for First and Second Year Students

Tip of the Week

The Academic Competitiveness Grant program was launched during the 2006/2007 school year. The program provides college grants to first and second year Pell-eligible students who completed a “rigorous secondary school program of study” recognized as such by the United States Secretary of Education.

First year students who qualify for this college grant money may be awarded up to $750. Only those first year students who completed high school after January 1, 2006, and who have never been enrolled in a post-secondary degree granting program are eligible for the grant program.

Second year students may receive up to $1,300. Second year students must have high school graduation dates after January 1, 2005, and must have earned a cumulative grade point average of 3.0 or higher during their first year of college.

Upon completion of the Free Application for Federal Student Aid (FAFSA), students will be notified if they are potentially eligible for Academic Competitiveness grants. Students may contact the Federal Student Aid Information Center (1-800-4FED-AID) or their school’s financial aid office for questions about eligibility for these academic grants.

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