Grants
Unlike loans, grants don’t have to be repaid unless, for example, you are awarded funds incorrectly or you withdraw from school. All federal grants are awarded to students with financial need.
How to Apply for Grants
Complete the FAFSA application at www.fafsa.ed.gov.
Federal Pell Grant
• Pell grants are generally awarded only to undergraduate students who have not earned a prior bachelor’s degree or graduate degree.
• Amounts can vary yearly based on need and whether you’re a full-time or part-time student.
FSEOG
• These grants are awarded to undergraduate students
who qualify for Pell Grants.
• Eligibility for this grant depends on need and on the
amount of other student aid you qualify for.
• Limited FSEOG funds are available to the University of
Mary each year, so not everyone who qualifies for an
FSEOG might get one. It is important to complete your
FAFSA early to be considered for these funds.
Academic Competitiveness Grant (ACG)
• This grant is for full-time undergraduate students enrolled in an eligible program, who receive Federal Pell Grants and are U.S. citizens.
• Students must have completed a rigorous secondary school program of study.
• First academic year undergraduate students may be awarded up to $750.
• Second academic year undergraduate students may be awarded up to $1,300. A 3.0 GPA must be maintained in year one to qualify for the grant in year two.
National Science and Mathematics Access to Retain Talent Grant (SMART)
• These grants are awarded to full-time undergraduate students enrolled in the third or fourth academic year of an eligible program.
• Students must be Pell eligible to receive this grant.
• Students must maintain a 3.0 cumulative GPA and be pursuing a degree in physical life, or computer sciences, engineering, technology, mathematics or a critical-need foreign language.
• The award is up to $4,000 for each of the third and fourth academic years.