SMART Grants - Educational Grants for the Student of Math, Science and Languages
Page 2

SMART Grants are not accessible for graduate students or those students that have already completed a bachelor's degree with no exceptions possible. The student must be enrolled in a four year degree program, be in either their third or the fourth year of said program and be eligible to receive a Pell Grant in the same year that they want to be considered for a SMART Grant. Students must also maintain a minimum GPA of 3.0.

Students are required to sign a statement of educational purpose, are not allowed to owe a refund on another a Title IV grant, and cannot currently have a Title IV loan that is defaulted.

While the program itself is overseen by the Department of Education, the institution that the student is enrolled in will act as the disbursing agent. The institution calculates and pays the SMART Grants. This is done using a payment schedule developed by the Department of Education. The Department of Education will then calculate whether the student is eligible for assistance and the office the student sent the original application sent to will send the student a notification whether they were eligible for assistance. The student then delivers this received notification to the institution and will have their grant calculated from there. The funding available and the number of recipients that the institution estimates determine this payment schedule.

The total grants were $230,000,000 in 2007; approximately $260,000,000 in 2008; and approximately $270,000,000 in 2009. Depending on the need of the student and how much they are assigned, the grant received through the program can range upwards of $4000. SMART Grants assistance cannot exceed the student's actual cost of education. The average reward for students was around $3,291.

Due to recent cutbacks, there is no guarantee word yet on whether the SMART Grant will be available for students for the 2011-2012 year and onwards.


SMART Grants - Educational Grants for the Student of Math, Science and Languages
  Back to Page 1

About The Author The author edits a site featuring Grants for Education and another Government Grants site providing info on every grant the federal government offers. Michael Saunders has an MBA from the Stanford Graduate School of Business.

Additional Resources

category - Education Grants

Family Planning Services Grants
OPHS has recently established a funding opportunity entitled Family Planning Services Grants, a program wherein the OPHS, along with the HHS, will award grants to eligible individuals who seek to operate voluntary family planning services projects that would provide family planning services to everyone who desires to avail of such services, including low-income families in under-served areas.

---

National Institutes of Health: Expanding the Encyclopedia of DNA Elements in Human and Model Organisms
The National Institutes of Health, in cooperation with the National Human Genome Research Institute, has established a funding opportunity to support the Expanding the Encyclopedia of DNA Elements in Human and Model Organisms project.

---

Choosing An Online Private College And University
Private colleges and Universities are known for their high standards and excellent academic programs. Their online programs are no different. If you are ready to get your Bachelor's degree, or if you...

---

What does it mean that Federal Student Aid is a PBO?
A PBO is a Performance Based Organization representing an initiative that was created in order to help the government operate more effectively and efficiently. When people call Federal Student Aid a PBO, this means that they are committed to and hold the same standards of the Performance Based Organization.

---