Academic Competitiveness Grant (ACG) for Undergraduates

The law created a new student aid grant program called the Academic Competitiveness Grant (ACG). Congress has provided funding and the grants are available for the 2007-2008 award year. First-year undergraduate students will be eligible to receive up to $750. Second-year undergraduate students will be eligible to receive up to $1,300. The ACG eligibility criteria are listed below: To be eligible for an ACG each academic year, a student must: Be a U.S. citizen; Be Federal Pell Grant eligible; Be enrolled full-time in a degree program; Be enrolled in the first or second academic year of his or her program of study at a two-year or four-year degree-granting institution; Have completed a rigorous secondary school program of study (after January 1, 2006, if a first-year student, and after January 1, 2005, if a second year student); If a first-year student, not have been previously enrolled in an undergraduate program; and If a second-year student, have at least a cumulative 3.0 grade point average on a 4.0 scale for the first academic year. If you have not filed a FAFSA or Renewal FAFSA, at the time that you complete your application, FAFSA on the Web will predetermine if you are eligible to answer the ACG questions.If you have submitted a paper FAFSA and have received your Student Aid Report (SAR) indicating that you may be eligible to answer the ACG questions, please call the Federal Student Aid Information Center at 1-800-4FED-AID. You may also contact the financial aid office at your school for assistance regarding ACG.