The National Science & Mathematics Access to Retain Talent Grant (National Smart Grant): General Information
To meet the growing need for improved math and science instruction, on Feb. 8, 2006 President Bush signed into law two new student grant programs—the Academic Competitiveness Grants and National Science and Mathematics Access to Retain Talent (SMART) Grants. Today, the U.S. Department of Education announced guidelines to make these grants available to college students in the 2006-07 academic year.
$790 million was set aside for the 2006-2007 school year for the two new federal grants, created by the Higher Education Reconciliation Act of 2005. The SMART grant will encourage students to pursue college majors in high demand in the global economy, such as science, mathematics, technology, engineering and critical foreign languages.
The Federal SMART Grant is gifted aid for undergraduate students, who have not yet earned a bachelor’s degree and who have financial need. The National SMART Grant is available for the first time for the 2006-2007 school year for full-time, third and fourth year undergraduate students who meet the requirements and it is awarded in addition to the student’s Federal Pell Grant.
To be eligible for a Federal SMART Grant you must be a U.S. citizen, and a full-time college student, pursuing your first undergraduate degree in an eligible major (http://www.ifap.ed.gov/dpcletters/attachments/GEN0606A.pdf).
All students must also complete a Free Application for Federal Student Aid (FAFSA) form (http://www.fafsa.ed.gov/), be eligible for a Pell Grant and demonstrate financial need. You must have a cumulative Grade Point Average (GPA) of 3.0 (on a 4.0 scale).
You can receive as much as $4,000 per year (during your third and fourth year of college). How much you receive is dependent on your total tuition bill, other financial aid you have been awarded and your financial need. You cannot receive Federal SMART Grant funds from more than one school at the same time. All annual award amounts for an academic year may be reduced if sufficient funds are not available to all eligible students in any given award year.
You will be notified by the Department of Education if it appears that you qualify for this grant. You will then need to complete an addendum to the FAFSA. Your college financial administrator can assist with this process. If you are declared eligible, your grant money will be allocated to the school and included in your financial aid package.
The Office of the Bursar will apply the Federal SMART Grant award to student fees (tuition, fees, room and board, and other institutional charges permitted by the student). Any Federal SMART Grant funds that remain after being applied to student fees will be mailed to the student by check or deposited directly into a checking or savings account of your designation.
If you believe you are eligible for the SMART Grant, the Pell Grant or other government funding, or if you would like to obtain further information about these programs and your eligibility, visit the appropriate link online:
For detailed information about the implementation of this grant, visit this link online: http://www.ifap.ed.gov/dpcletters/GEN0608.html.
For more information on eligibility visit this website: http://www.ed.gov/admins/finaid/about/ac-smart/state-programs06.html.
For more information about this grant visit this web page: http://www.ed.gov/about/offices/list/ope/ac-smart.html