Understanding the National SMART Grant Scheduled Award [Education]

Definition & Meaning

The term National SMART Grant Scheduled Award refers to the maximum financial aid amount available to eligible full-time students in their third, fourth, or fifth year of college. This grant is part of the National Science and Mathematics Access to Retain Talent Grant program, which aims to support students pursuing degrees in science, technology, engineering, and mathematics (STEM) fields.

Table of content

Real-world examples

Here are a couple of examples of abatement:

Example 1: A full-time student in their third year pursuing a degree in engineering applies for the National SMART Grant and receives the scheduled award to help cover tuition costs.

Example 2: A fourth-year biology major qualifies for the National SMART Grant, which assists with educational expenses, allowing them to focus on their studies without excessive financial burden. (hypothetical example)

State-by-state differences

State Variation
California State-specific grants may supplement federal awards.
New York Additional eligibility requirements may apply based on state residency.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition Differences
Pell Grant A federal grant for low-income undergraduate students. Pell Grants are available to undergraduates, while SMART Grants are for specific upperclassmen in STEM fields.
Academic Competitiveness Grant (ACG) A federal grant for first- and second-year college students who completed a rigorous high school program. ACG is for earlier college years, while SMART Grants are specifically for upperclassmen.

What to do if this term applies to you

If you believe you qualify for the National SMART Grant Scheduled Award, take the following steps:

  • Complete the FAFSA to determine your financial need.
  • Check with your college's financial aid office for specific eligibility requirements and deadlines.
  • Consider using US Legal Forms' templates to help with your application process.
  • If you have questions or need assistance, consider consulting a financial aid advisor or legal professional.

Quick facts

  • Typical award amount: Varies by year and eligibility.
  • Eligibility: Full-time students in their third, fourth, or fifth year.
  • Application: Must complete FAFSA.
  • Field of study: Must be in a STEM program.

Key takeaways

Frequently asked questions

Eligible students are full-time undergraduates in their third, fourth, or fifth year enrolled in a STEM program.