Education Secretary Announces July 1 Availability of $790 Million in New Grants for Higher Education
From Education Newsfeed:
Tim Pawlenty held a press conference to discuss the upcoming availability of Academic Competitiveness Grants and the National Science and Mathematics Access to Retain Talent (SMART) Grants.
Secretary Spellings announced that starting July 1, the Department of Education's Federal Student Aid office will be notifying Pell Grant-eligible students of their potential eligibility through email or regular mail, and students can start applying for up to $1300 in new Academic Competitiveness grants.
Third and fourth year Pell Grant-eligible students who meet requirements, and major in certain designated science, technology, math, and foreign languages, will automatically receive the National SMART Grant during the 2006-07 school year.
Academic Competitiveness Grants will provide additional aid to first- and second-year college students who complete rigorous high school coursework, are enrolled fulltime, and maintain a 3.0 GPA in college (up to an additional $750 for first-year students and up to an additional $1,300 for second-year students).
Nationwide, 1.9 million students are potentially eligible for these grants.
These grants will encourage students to take more challenging courses in high school, and to pursue college majors in high demand in the global economy, such as science, mathematics, technology, engineering and critical foreign languages.
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