Ms. Britt recently attended a counselor's meeting at Stanly Community College and brought back some helpful information on new financial aid programs. Keep in mind these apply to all students at all colleges, not just SCC.
New Federal Programs, effective July 1, 2006
Academic Competitiveness Grant (ACG)
The Academic Competitiveness Grant is available for the first time for the 2006-2007 school year for first year students who graduated from high school after January 1, 2006, and for second year students who graduated from high school after January 1, 2005. The Academic Competitiveness Grant award is in addition to the student's Pell Grant award. More information available here: http://studentaid.ed.gov/PORTALSWebApp/students/english/AcademicGrants.jsp
National Science and Mathematics Access to Retain Talent Grant (SMART)
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 to full-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 in a foreign language determined critical to national security. The student must also have maintained a cumulative grade point average (GPA) of at least 3.0 in coursework required for the major. The National SMART Grant award is in addition to the student's Pell Grant award.
More, click here...
New State Supported programs Effective July 1, 2007
North Carolina Education Lottery Scholarship (ELSP)
Students completing a FAFSA automatically make application for this grant. Recipients must be an NC resident, enrolled at least half time as an undergraduate student in an eligible curriculum program meeting satisfactory academic standards. Eligibility extends to students who have an expected family contribution (EFC) of $5,000 or less. Awards range from $100 to $2,300 per academic year.
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