The term "ACG Scheduled Award" refers to the maximum amount of funding available through the Academic Competitiveness Grant (ACG) program for eligible students. Specifically, this award applies to full-time first-year and second-year students enrolled in an eligible program during the academic year. The ACG is designed to encourage academic excellence among students in higher education.
The ACG Scheduled Award is primarily used in the context of federal financial aid for postsecondary education. It falls under the regulations set forth by the U.S. Department of Education. This term is relevant in legal discussions surrounding educational funding, student financial aid, and compliance with federal education regulations. Users can manage their applications for ACG funding through legal forms and templates available from providers like US Legal Forms.
Here are a couple of examples of abatement:
Example 1: A full-time first-year student enrolled in a qualifying degree program at a university applies for an ACG Scheduled Award to help cover tuition costs.
Example 2: A full-time second-year student who has maintained a satisfactory academic record seeks the ACG Scheduled Award to continue receiving financial support for their education. (hypothetical example)
| Term | Definition | Key Differences |
|---|---|---|
| ACG Scheduled Award | Maximum funding for eligible first and second-year students. | Specifically for full-time students in designated programs. |
| Pell Grant | Federal grant for low-income undergraduate students. | Available to a broader range of students, not limited to first and second-year students. |
If you believe you may qualify for an ACG Scheduled Award, follow these steps:
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| Attribute | Details |
|---|---|
| Typical Award Amount | Varies based on eligibility and funding availability. |
| Eligibility | Full-time first-year and second-year students. |
| Application Process | Complete the FAFSA. |
The ACG Scheduled Award is the maximum grant amount available to eligible first and second-year students under the Academic Competitiveness Grant program.