Pell Grant
Pell Grants are the foundation of federal student financial aid, to which aid from other federal and nonfederal sources might be added. Pell Grants are generally awarded only to undergraduate students – those who haven’t earned a bachelor’s or graduate degree. Amounts can change yearly. The maximum award for the 2007-2008 was $4,310.

Federal Supplemental Educational Opportunity Grant (SEOG)
SEOGs are awarded to undergraduate students with exceptional financial need – those with the lowest Expected Family Contribution (EFC) numbers. Federal Pell Grant recipients receive priority for SEOG awards.

Academic Competitiveness Grant (ACG)
This is a new grant program that began in the 06-07 award year for full-time undergraduate students enrolled in an eligible program, who receive Federal Pell Grants and are US citizens. Student also must have completed a rigorous secondary school program of study and be enrolled in at least two-year academic program acceptable for full credit toward a bachelor’s degree.

National Science and Mathematics Access to Retain Talent Grant (SMART)
This is a new grant program for full-time undergraduate students who are enrolled in the third or fourth academic year of an eligible program, who receive Federal Pell Grants and are US citizens. An eligible program, who receive Federal Pell Grants and are US citizens. An eligible program in the National SMART Grant is one that leads to a bachelor’s degree in an eligible major. The award is up to $4,000 for each of third and fourth academic years. Eligible students must pursuing an eligible major in physical, life or computer science, engineering, technology, or mathematics. Student must have at least a 3.0 cumulative GPA.