Grants are funds that do not need to be repaid.
Grants are awarded based on financial need as determined by the Free Application for Federal Student Aid (FAFSA).
Grants are credited directly to your university account during each quarter for which you have been awarded funds. They are first applied against any amounts you owe the university.
The Federal Pell Grant is awarded to undergraduate students with exceptional financial need. You are automatically considered for it when you complete the FAFSA. The maximum award amount varies annually according to an appropriation from Congress.
If you enroll full time during the fall, winter and spring quarters, you will receive one-third of your Pell Grant each quarter. If you enroll part time or for only part of the academic year, your award will be prorated in accordance with federal law.
Illinois State Monetary Award Program (MAP)
This grant is awarded to undergraduate students from Illinois who have financial need and are attending Illinois schools. After you file your FAFSA, you will receive a letter from the Illinois Student Assistance Commission (ISAC) notifying you if you are eligible for this grant. The maximum award amount varies annually according to the budget set by the State of Illinois.
MAP regulations require you to enroll for 15 credit hours per quarter to receive the full award. If you enroll during the fall, winter and spring quarters, you will receive one-third of your Illinois State Grant during each quarter. If you enroll part time or for only part of the academic year, your award will be prorated in accordance with ISAC rules.
The MAP Prorating chart will help you determine MAP eligibility.
DePaul awards this grant to undergraduate students who demonstrate significant financial need. Awards are based on the time of application and the availability of funds. Eligible students usually are awarded this grant during the first year they apply. The maximum award amount varies according to need.
Federal Supplemental Grant (SEOG)
This grant is awarded to eligible undergraduate students based on financial need. Eligible students usually are awarded this grant during the first year they apply. The maximum award amount varies annually according to an appropriation from Congress.
Academic Competitiveness Grant (ACG)
The new ACG grant, first offered in fall 2006, is available to Pell-eligible freshmen and sophomores. The grant provides up to $750 for freshmen and up to $1,300 for sophomores. To qualify, a student must meet the following criteria:
- be a U.S. citizen
- be enrolled full time (12 credits or more) in a four-year degree program
- be a freshman (fewer than 44 credit hours) or sophomore (44 to 87 credit hours)
- have completed high school on or after January 1, 2007, if a freshman
- have completed high school on or after January 1, 2006, if a sophomore
All grant recipients must have completed a rigorous high school program of study as defined by Congress. Sophomore recipients must have a cumulative grade point average of at least 3.0.
One third of the annual grant will apply toward each quarter during the academic year, provided that recipients maintain eligibility for the grant. Eligibility is reviewed each quarter before the grant is disbursed.
This $4,000 grant, commonly referred to as the National SMART Grant, was first offered in fall 2006. To qualify, a student must meet the following criteria:
- be a U.S. citizen;
- be eligible for the Federal Pell Grant;
- be enrolled full time (12 credits or more) in a four-year degree program
- be a junior (88-131 credit hours) or a senior (132-192 credit hours). Seniors with more than 192 credits are not eligible.
- be pursuing a major in mathematics, science (including physical, life and computer sciences), technology, engineering, or a critical foreign language, such as Arabic, Chinese, Korean, Japanese or Russian;
- have a cumulative grade point average (GPA) of at least 3.0.
One third of the annual grant will apply toward each quarter during the academic year, provided that recipients maintain eligibility for the grant. Eligibility is reviewed each quarter before the grant is disbursed.
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