Federal Pell Grants go to undergraduate students working toward associate or bachelor’s degrees or certificates. The amount of financial assistance depends on your financial need, your costs to attend school and your status as a full-time or part-time student. Part-time students receive Pell Grants on a pro-rated basis. Students can receive up to two consecutive Pell Grants during a single academic year.
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The National Science and Mathematics Access to Retain Talent Grant, or SMART Grant, is available to undergraduates in their third, fourth or fifth years of study. Applicants must be at least half-time students and be eligible for the Federal Pell Grant. The SMART Grant is for students majoring in physical, life or computer sciences, mathematics, technology, engineering or a critical foreign language or in non-major single liberal arts programs. You must maintain at least a 3.0 grade-point average in courses related to your major to continue receiving the grant, which is worth up to $4,000 each academic year.
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The Federal Supplemental Educational Opportunity Grant is for students with exceptional financial need. FSEOGs are for $100 to $4,000 depending on when you apply, your financial need and the funding and policies of your school. Educational institutions distribute these funds to part-time students on a pro-rated basis.
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