Session 05 ACG and National SMART Grant: Student Eligibility & Academic Year Issues David Bergeron...
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Transcript of Session 05 ACG and National SMART Grant: Student Eligibility & Academic Year Issues David Bergeron...
Session 05
ACG and National SMART Grant:
Student Eligibility & Academic Year Issues
David Bergeron
Anthony Jones
Office of Postsecondary Education
2
The Higher Education Reconciliation Act of 2005 (HERA) created two new grant programs
National Science and Mathematics
Access to Retain Talent (National SMART) Grant
Academic Competitiveness Grant (ACG)
3
Agenda• Quick Update/Overview
• Similarities and Distinctions Between Programs
• Issues specific to each program
• Issues applicable to both programs
– Determining enrollment status
– Duration of eligibility
– Academic Year
– Disbursements
– Transfers
– Need
– Remedial Coursework
4
Other Sessions
• This session will focus on Student Eligibility and
Academic Year issues. For more detailed information on
other ACG and National SMART Grant topics, you may
want to attend these other sessions:
– Session # 6: ACG and National SMART Grants—
Transfer Student and Rigor/Major Issues
– Session # 17: ACG and National SMART Grants—
Reporting from CPS to COD; Funding Levels and
Institutional Reports
5
Rules and Regulations• Interim Final Regulations published on July 3, 2006
– These regulations govern awards made during 2006-07 and beyond, until changed
– Comments received through August 17, 2006
• Final regulations published November 1, 2006 governing 2007-08 with optional early implementation for 2006-07
• Negotiated Rulemaking to begin this fall; regulations produced will likely cover 2008-2009 and beyond
– Public Hearings began on September 19, 2006 & ended on November 8, 2006
6
Authorization and Funding• Funding for these programs is not subject to annual
appropriations process: 2006-07 -- $ 790 million
2007-08 -- $ 850 million
2008-09 -- $ 920 million
2009-10 -- $ 960 million
2010-11 -- $ 1.01 billion
• If funding insufficient, awards will be ratably reduced
• Funds not spent in one year are carried over to subsequent year
• No reduction anticipated for 2006-07
7
Similarities – Both Programs
Student EligibilityU.S. Citizen Only -- Eligible Non-Citizens are not eligible for ACG and National SMART Grants
Federal Pell Grant Recipient During Same Payment Period (or in Same Award Year)
Full-time Enrollment Only for Payment Period
Enrolled in Degree Program
Progression by Student Academic Year (Title IV definition)
Only One Full Scheduled Award for Each Academic Year
8
Distinctions – Both Programs
ACG National SMART
1st & 2nd academic years of a 2-year or 4-year degree program
3rd & 4th academic years of a 4-year degree program
Requires completion of rigorous secondary school program of study
Requires student to be in a designated major
1st Academic Year - $ 750
2nd Academic Year- $1,300
3rd Academic Year - $4,000
4th Academic Year - $4,000
GPA of at least 3.0 as of the end of
1st academic year only
GPA of at least 3.0 as of the
beginning of each payment period
Note: There are second year ACG and third and fourth year National SMART Grants available for 2006-07.
9
Academic Competitiveness Grants(ACG)
10
ACG Eligibility Requirements
• U.S. citizen
• Federal Pell Grant recipient in the same payment
period (or in same award year if school chooses to
early implement Nov. 1 regs for 2006-07)
• First or second year student in a two or four year
degree program
• Full-time enrollment
• No specific major required
11
ACG Eligibility Requirements
• 1st year students
– May not have been previously enrolled in an ACG-
eligible program of undergraduate education
– Have completed a rigorous secondary school
program of study after January 1, 2006
• 2nd year students
– Have completed a rigorous secondary school
program of study after January 1, 2005
– Have at least a 3.0 G.P.A. in an eligible program
12
ACG Eligibility Requirements
• Student must have completed a rigorous secondary
school program of study
• ED has outlined options to meet requirement in
DCL GEN-06-08 and in the interim regulations
published July 3, 2006 (no change in Nov. 1 regs)
• Student may self-identify potential eligibility
through FAFSA process or school may identify
eligible students through institutional process
13
ACG Applicant Self-Identification
• Results of student self-identification will be sent to all schools listed --
– CPS will send ISIRs with new comment codes
– If no other changes, message class will be IGAA07AP
– Special “flat file” with separate message class of ED2007OP
– Student specific information available using FAA Access
14
ACG Applicant Self-Identification
• Comment codes will be provided on SAR for
student, and ISIR for schools
• Comment codes can be found in ISIR positions
1677 to 1736
• Multiple comment codes - one for each rigorous
criteria selected by student
15
ACG Applicant Self-IdentificationSAR and ISIR Comments
Comment
CodeSAR Comment
267 Explains potential ACG eligibility
268 For students who selected a rigorous high school program
or state scholars program
269 For students who reported completion of AP/IB courses
and tests
270 For students who selected coursework completion
271 Advises student that their Financial Aid Administrator will
determine their eligibility
16
ACG Rigorous Programs
1. State Designated Program
– State Submitted Program
– An advanced or honors secondary school
program established by a state and in
existence for the 04-05 or 05-06 school year
– State Scholars Initiative
17
2. A set of courses as outlined in the interim final
regulations
3. Completion of at least two Advanced Placement
(AP) courses with passing test score of 3 or two
International Baccalaureate (IB) courses with
passing test score of 4
ACG Rigorous Programs
18
ACG Documenting Rigorous Program
• Documentation from “cognizant authority” can be provided:
– By the student
• An unofficial transcript is acceptable documentation for ACG
eligibility if school has no reason to believe it is inaccurate
– Directly from “cognizant authority”
• For home schooled students, the parent or guardian is the
cognizant authority
• For transfer students, institution may rely on another school’s
determination that student completed a rigorous program
– NSLDS will store the data
19
ACG Grade Point Average• No GPA requirement for 1st academic year
• For 2nd academic year ACG, student must have a GPA of
at least 3.0 from the 1st academic year
• Only determined one time, which must be only at the
completion of 1st academic year
• Special rule for transfer student –
– For student who transfers after completing first
academic year, the new school must calculate GPA
using the grades from all coursework accepted from
prior schools
20
ACG - A Note About Transfer GPA
• The special calculation of GPA using grades from
transfer credits is solely for the purpose of
determining the GPA for ACG/SMART upon the
initial enrollment of a transfer student. Otherwise,
such transfer students would not be eligible
• The requirement is not intended to change the
institutional academic policy regarding the
treatment of grades when a student transfers
21
ACG Grade Point Average – Example A
• Student completes first academic year after Spring
term and has a cumulative GPA of 2.9
• Student attends summer and earns high grades so
that new cumulative GPA preceding the Fall term
is 3.1
• Student is not eligible for second year ACG
because GPA for the first year was not at least 3.0
on a 4.0 scale
22
ACG Grade Point Average – Example B
• Student completes first academic year after Spring
term and has a cumulative GPA of 3.2
• Student attends summer and earns low grades so
that new cumulative GPA preceding the Fall term
is 2.8
• Student is eligible for second year ACG because
GPA for the first year was at least 3.0 on a 4.0
scale
23
National SMART Grants
24
National SMART GrantsEligibility Requirements• U.S. citizen
• Must be Federal Pell Grant recipient for same payment
period (or in same award year if school chooses to early
implement November 1 regs for 2006-07)
• Third or fourth year student in a four year degree program
• Full-time enrollment in an eligible major
• Cumulative GPA of at least 3.0 on a 4.0 scale in student’s
eligible program
• No rigorous high school program required
25
National SMART Grants Eligibility Determination
• No student self-identification as in ACG
• Institutions are responsible for reviewing records to identify all eligible students –
– ISIR for Pell Eligibility, Citizenship, and other Title IV eligibility requirements
– Academic Records for –• Eligible Major or, if available, intent
• GPA
• Full-time enrollment
26
National SMART GrantsMajor Fields of Study
• Computer Science
• Engineering
• Technology
• Life Sciences
• Mathematics
• Physical Sciences
• Designated
Foreign Languages
Identified by Classification of Instructional Program (CIP) Code from Dear Colleague Letters GEN-06-06 and GEN-06-15
27
National SMART Grants Monitoring Major
• Requires that a recipient –
– Declare an eligible major, or
– Show intent to declare eligible major
(if school policy does not require a major
before 3rd year)
• In both cases, student must enroll in coursework
leading to completion of the program with that
eligible major
28
National SMART Grants Double Majors
• If student is enrolled in a double major:
– The student must be enrolled in coursework
that applies to an eligible major degree program
– The school must ensure that student is pursuing
completion of the eligible major by enrolling in
coursework supportive of timely degree
completion
29
National SMART Grants Double Majors
• If student is enrolled in a double major:
– Enrollment status and academic year
progression must be based on all coursework
the student is taking
– GPA is for the student’s full academic program;
there is no need to “pull-out” the other major’s
coursework
30
National SMART Grants Grade Point Average
• Student must have a cumulative GPA of at least 3.0 for
each payment period
• Includes all courses in eligible program (i.e., all
courses applicable to degree in SMART-eligible major)
• Calculated from last completed payment period
• Must review prior to each disbursement
• Provision for “interim disbursement” at school’s risk
31
National SMART Grants Grade Point Average
• There is a special rule for transfers. For a student
who transfers after completing two academic
years, the new school--
– For the 1st payment period upon transfer, must
use the grades from all coursework accepted
from prior schools for GPA determination
– For subsequent payment periods, comply with
school academic policies
32
National SMART Grants A Note About Transfer GPA
• The special calculation of GPA using grades from
transfer credits is solely for the purpose of
determining the GPA for ACG/SMART upon the
initial enrollment of a transfer student. Otherwise,
such transfer students would not be eligible.
• The requirement is not intended to change the
institutional academic policy regarding the
treatment of grades when a student transfers
33
Both Programs
ACG and National SMART Grants
34
Both ProgramsDetermining Enrollment Status
• Schools must use their Pell Grant recalculation
date policy to determine enrollment status for
ACG and National SMART Grant
• Must use same recalculation date (census date)
that is used for Pell Grants
35
Both ProgramsDuration of Student Eligibility
• For ACG, students are restricted to:
– One grant for the student’s 1st academic year &
– One grant for the student’s 2nd academic year
• For National SMART Grant, students are restricted
to:
– One grant for the student’s third academic year &
– One grant for the student’s fourth academic year
36
Both ProgramsDisbursements
• Funds maintained and disbursed according to Title
IV cash management rules
• Disbursements made on payment period basis
• If disbursement is for a cross-over payment
period, Pell Grant and ACG/National SMART
Grant must be assigned to same award year
37
Both ProgramsDisbursements
• Student may not receive a disbursement
concurrently from more than one school
• ACG and National SMART Grant must be
received from same school from which Federal
Pell Grant is received
38
Both ProgramsTransfer Students and Remaining Eligibility
• Determination of remaining eligibility for transfers based
on % of scheduled award remaining
– Example: Student who receives first year ACG for two
quarters for a total of $500 has received 2/3 of
scheduled award. Student is only eligible, as a first
year student, for the remaining 1/3 of the scheduled
award.
• Note: Scheduled award may be different if balance of first
academic year is in a new award year
39
Both ProgramsNeed Based Grants
• Total of EFC and all estimated financial aid cannot exceed cost of attendance
– These grants may not replace EFC
• School may reduce other aid, including FSEOG, or one of these grants to avoid an overaward
• Special sub loan treatment as in campus-based awarding if Chapter 30 VA benefits or AmeriCorps award received
• No overaward tolerance
40
Both ProgramsAcademic Year
• HEA provides that an academic year for a student in an undergraduate credit hour program be defined as:
– At least 24 semester or trimester credit hours or 36 quarter credit hours; and
– At least 30 weeks of instructional time
• Schools must use their Title IV academic year definition to determine the student’s academic year in the program of study
41
Both ProgramsAcademic Year – Credit Hours
• Minimum Title IV definition of academic year is
often not the same as grade level progression for
loans and for other institutional purposes (e.g., 30
credit hours to progress from grade level 1 to
grade level 2, but only 24 credit hours are the
defined academic year)
42
Both ProgramsAcademic Year – Credit Hours• School may define its Title IV academic year as more
than 24 credit hours – 30 in the prior example
• If program is offered by semester, trimester, or quarter
and fulltime is defined as at least 12 credit hours,
including summer, there is –
– No impact on 12 credits as full-time Pell Grant
– No impact on 6 credits for FFEL/DL loans
– Would impact loan proration
– Could impact Pell Grant formula 3 calculations
43
Both ProgramsAcademic Year – Credit Hours
• ACG Example –
– Institution defines Title IV Academic Year as 24 credit hours but grade level progression as 30 credit hours
– First year ACG recipient completes 24 semester hours
– Student now eligible for second year ACG award while still “freshman” and still at first year loan limit
44
Both ProgramsAcademic Year – Credit Hours
• ACG Example –
– Institution defines Academic Year as 30 credit hours
and grade level progression as 30 credit hours
– First year ACG recipient completes 24 credit hours
– Student not yet eligible for second year ACG award,
because 30 credits required to complete first academic
year and student still at first year loan level
45
Both ProgramsAcademic Year – Credit Hours
• National SMART Grant Example –
– Institution Defines Title IV Academic Year as 24 credit
hours but grade level progression as 30 credit hours
– Student has completed a total of 48 credit hours in
eligible program and declares eligible major
– Student now eligible for first National SMART Grant
while still “sophomore” and still at second year loan
limit because student is beginning third academic year
(as defined)
46
Both ProgramsAcademic Year – Credit Hours
• National SMART Grant Example –
– Institution defines Academic Year as 30 credit hours
and grade level progression as 30 credit hours
– Otherwise eligible student has completed a total of 48
semester hours and declares eligible major
– Student not yet eligible for first National SMART
Grant while still “sophomore” and still at second year
loan limit
47
Both ProgramsAcademic Year – Weeks of Instructional Time
• An institution’s definition of Title IV academic
year for a credit hour program must contain a
minimum of 30 weeks of instructional time
48
Both ProgramsAcademic Year – Weeks of Instructional Time
• To determine weeks of instructional time in academic year progression for the two grant programs for 2006-07 and 2007-08:
– Determine for each student the actual number of weeks of instructional time that were included for the student to complete the number of credit hours in the institution’s defined Title
IV academic year; or
49
Both ProgramsAcademic Year – Weeks of Instructional Time
– Assume there were 30 weeks of instructional time
for each increment of credit hours that comprise the
institution’s defined Title IV academic year (e.g.,
24 credit hours equals 30 weeks).
• This method only applicable to standard term
programs
• However, an institution must review the actual
weeks upon the request of the student
50
Both Programs - Academic YearCredits without Weeks of Instructional Time• When tracking actual weeks of instructional time, courses that are
not part of an eligible program of postsecondary education or courses not at the postsecondary level such as:
– Remedial Coursework;
– Advanced Placement (AP) or International Baccalaureate (IB) courses/exams;
– College Level Examination Program (CLEP);
– Credit for life experience;
– Courses taken when not enrolled as a regular student; and
– Courses that are not part of an eligible program.
51
Both ProgramsRemedial Coursework
• Within the regular Title IV limitations, remedial
coursework applies toward enrollment status (i.e.,
full-time for these grant programs)
• The grades earned in remedial courses would only
count in the ACG/SMART GPA calculation if
they would be included under the school’s
academic policies
52
Both ProgramsAvailability of Funds
• Initial authorizations in GAPS and COD with Electronic Statements of Account (ESOA) on July 29, 2006.
– Like Pell or Direct Loans (not like campus-based)
– No institutional allocation
• First draw downs from GAPS available first week of August 2006
• Schools will receive separate authorization for each program
• See session # 17 for more detailed information on reporting issues
53
Further Training
• HERA Training – Fall 2006
– In-person Training
– More than 50 sites across country
– Offered September – December, 2006
– See Training Announcement on IFAP
http://www.ifap.ed.gov/dpcletters/ANN0610.html
55
STILL HAVE QUESTIONS?
Frequently Asked Questions for ACG/SMART found on left-hand side of
IFAP’s HERA page at:
http://www.ifap.ed.gov/IFAPWebApp/currentHERAPag.jsp?p1=c
Or you can email your question to
56
Contact Information
For questions or to provide feedback:
Anthony Jones
202-502-7652
David Bergeron
202-502-7815
Session 05
ACG and National SMART Grant: Student Eligibility & Academic Year Issues
Presentation supplement
containing examples for determining
academic year progression and financial need
58
Example 1: Advanced Placement courses
• Student graduated high school May 2006. Enrolls at School A for Fall 2006. Student has 45 AP credits, all with a score of 3 or higher.
• School A’s definition of academic year is 24 credit hours and 30 weeks of instructional time.
• If School A assumes weeks of instructional time, this student would be in his/her second academic year.
• 45/24 = 1.875
59
Example 1: AP courses (cont’d)
• However, student has no GPA from “first academic year” and would therefore not be eligible to receive ACG funds for his/her “second academic year”.
• If School A decides to track actual weeks of instruction, the student would still be in his/her first academic year since no weeks of instructional time are associated with AP credits. This student would be eligible for first year ACG award assuming all other eligibility criteria are met.
60
Example 2: Academic Year
• Student completes 36 credit hours at School X and has 3.50 GPA. Student transfers to School Y. School Y accepts only 24 hours upon transfer.
• School Y is only required to use credit hours that transfer in determining academic year (hours and weeks), but the school may look at transcript (i.e., all 36) to determine weeks of instructional time completed.
• School Y chooses to use only the hours accepted to determine weeks. Therefore, School Y must use GPA for 24 hours transferred in to determine if student eligible for 2nd year ACG award.
61
Example 3: Academic Year
• Student enrolls at School A for 2006-07 award year. Student completes 24 semester hours over three terms (part-time enrollment) and receives no ACG.
• Student transfers to School B for 2007-08 award year. School B only accepts 18 semester hours of the courses taken at School A. School B defines its academic year as 24 semester hours and 30 weeks of instructional time.
• School B chooses to assume weeks of instructional time instead of tracking actual weeks.
62
Example 3: Academic Year (cont’d)
• School B determines student has completed 18 credit hours and instead of tracking actual weeks of instructional time assumes 75% of academic year’s weeks (18/24) completed. Student is still in first academic year at School B.
– Year 1 is 0-24 hours and 30 weeks, Year 2 is 25-48 hours and weeks 31-60 …
• School B awards half of ACG award ($375) for Fall 2007
63
Example 3: Academic Year (cont’d)
• Student completes 15 hours in Fall 2007 and now has completed 33 semester hours. Student has cumulative GPA of 3.25 on the 15 hours earned at School B.
• School B assumes weeks, which means student has completed 1.375 academic years (33/24). Student has completed year 1 and is in academic year 2.
• For Spring 2008, school may award half of second year ACG ($650).
• Student received total of $1,025 in ACG funds for 2007-2008.
64
Example 4: Academic Year• Same student as in ‘Academic Year: Example 3’.
• Student enrolls at School A for 2006-07 award year. Student completes 24 semester hours over three terms (part-time enrollment) and receives no ACG.
• Student transfers to School B for 2007-08 award year. School B only accepts 18 semester hours of the courses taken at School A. School B defines its academic year as 24 semester hours and 30 weeks of instructional time.
65
Example 4: Academic Year (cont’d)
• School B determines student has completed 18 credit hours and has policy to track actual weeks of instructional time.
• School B may look at transcript and determine that student has completed the weeks in a full academic year, because student completed two semesters at School A, but will only have 18 hours “completed” at School B.
66
Example 4: Academic Year (cont’d)
• Note: ED guidance allows School B to assume weeks of instructional time for credits transferred in and then track actual weeks of instructional time from that point on.
• If a student requests that all weeks of instructional time be tracked rather than assumed, a school must review the student’s academic history to determine the actual weeks.
67
Example 4: Academic Year (cont’d)
• For the first semester (Fall 2007) at School B, the student can be awarded $375 in ACG funds.
• Student completes 15 hours in Fall 2007 and has a cumulative GPA of 3.25. This GPA represents only the 15 hours taken in Fall 2007. – If school policy is to include GPA for courses transferred
in, then the cumulative GPA at the end of Fall 2007 would also include the GPA for those courses.
• At the end of Fall 2007, the student will have completed the weeks for 1 ½ academic years and have 33 hours. The school may award $650 in ACG funds for Spring 2008.
68
Example 5: Academic Year
• At School C, student completes 12 credit hours. Student was only enrolled full-time one semester and received only one disbursement ($375) of ACG funds.
• Student transfers to School D and none of the 12 credits transfer. School D assumes weeks of instructional time. With zero hours, School D reviews NSLDS and notes the student has already been awarded ACG funds (which serves as documentation of completion of rigorous secondary school program of study).
• School D awards this student $375 ACG award.
69
Example 5: Academic Year (cont’d)
• Student completes 14 credit hours in Fall. Although student is still in first academic year at School D, there are no remaining ACG funds for Spring.
– With no transfer hours, no weeks of instructional time were assumed.
• Even if School D chose to track actual weeks, this student would have completed the weeks of instructional time for an academic year but still not have the credit hours.
– Student must meet both measures before funds can be awarded for next academic year.
70
Example 6: Academic Year Progression Student graduates high school and enrolls at school that
tracks actual weeks of instructional time.
• Fall 2006: 15 hours, 15 weeks– Awarded ½ of 1st academic year ACG
– Ends term with 15 hours and 3.66 GPA
• Spring 2007: 18 hours, 15 weeks– Awarded ½ of 1st academic year ACG
– Ends term with 33 hours and 3.58 GPA
• Summer 2007: 9 hours, 15 weeks*– Receives no ACG (less than full-time)
– Ends term with 42 hours and 3.63 GPA
*Certain programs allowed to treat summer term as 15 weeks
71
Example 6: Academic Year Progression (cont’d)
• Fall 2007: 18 hours, 15 weeks– Awarded ½ of 2nd academic year ACG
– Ends term with 60 hours and 3.67 GPA
• Spring 2008: 18 hours, 15 weeks– Awarded ½ of 3rd academic year Nat’l SMART Grant (beyond
2nd yr in wks & hrs; SMART-eligible major declared)
– Ends term with 78 hours and 3.72 GPA
• Summer 2008: 9 hours, 15 weeks*– Receives no Nat’l SMART Grant (less than full-time)
– Ends term with 87 hours and 3.69 GPA*Certain programs allowed to treat summer term as 15 weeks
72
Example 6: Academic Year Progression (cont’d)
• Fall 2008: 15 hours, 15 weeks– Awarded ½ of 4th academic year Nat’l SMART Grant
– Ends term with 102 hours and 3.67 GPA
• Spring 2009: 18 hours, 15 weeks– Awarded ½ of 4th academic year Nat’l SMART Grant
– Ends term with 120 hours and 3.64 GPA
• Total ACG received: $1,400
• Total National SMART Grant received: $6,000
73
Example 7: Academic Year Progression Student graduates high school and enrolls at school that
assumes weeks of instructional time based on credits.
• Fall 2006: 15 hours, 15 actual weeks– Awarded ½ of 1st academic year ACG
– Ends term with 15 hours and 3.66 GPA (assumes 0.625 ac.yrs.)
• Spring 2007: 18 hours, 15 actual weeks– Awarded ½ of 1st academic year ACG
– Ends term with 33 hours and 3.58 GPA (assumes 1.375 ac.yrs.)
• Summer 2007: 9 hours, 15 weeks*– Receives no ACG (less than full-time) – Ends term with 42 hours and 3.63 GPA (assumes 1.75 ac.yrs.)
*Certain programs allowed to treat summer term as 15 weeks
74
Example 7: Academic Year Progression (cont’d)
• Fall 2007: 18 hours, 15 weeks– Awarded ½ of 2nd academic year ACG
– Ends term with 60 hours and 3.67 GPA (assumes 2.5 ac.yrs.)
• Spring 2008: 18 hours, 15 weeks– Awarded ½ of 3rd academic year Nat’l SMART Grant because
eligible major declared
– Ends term with 78 hours and 3.72 GPA (assumes 3.25 ac.yrs.)
• Summer 2008: 9 hours, 15 weeks*– Receives no Nat’l SMART Grant (less than full-time)
– Ends term with 87 hours and 3.69 GPA (assumes 3.625 ac.yrs.)
75
Example 7: Academic Year Progression (cont’d)
• Fall 2008: 15 hours, 15 weeks– Awarded ½ of 4th academic year Nat’l SMART Grant
– Ends term with 102 hours and 3.67 GPA (assumes 4.25 ac.yrs.)
• Spring 2009: 18 hours, 15 weeks– Awarded ½ of 4th academic year Nat’l SMART Grant
– Ends term with 120 hours and 3.64 GPA (graduates)
• Total ACG received: $1,400
• Total National SMART Grant received: $6,000
76
Example 8: Change in Academic Year
• Student completes 49 semester hours at School A over three award years then transfers to School B. School B reviews NSLDS and sees that the student received a full scheduled award for ACG for the 2008-09 award year for academic year 2.
• School B only accepts 22 semester hours as applicable toward a degree at its institution.
• Student is not eligible for academic year 1 ACG because history shows year 2 already received.
77
Example 9: Financial NeedStudent Profile
COA: $19,500
EFC: 0
Need: $19,500
Original Determinations
Merit Scholarship $15,000
Federal Pell Grant $ 4,050
ACG: $ 750
Packaging Options
Merit Scholarship: $14,700
Federal Pell Grant: $ 4,050
ACG: $ 750
--OR--
Merit Scholarship: $15,000
Federal Pell Grant: $ 4,050
ACG: $ 450
78
Example 10: Financial NeedStudent Profile
COA: $25,500
EFC: 0
Need: $25,500
Original Determinations
Veterans Benefits $21,970
Federal Pell Grant $ 4,050
ACG: $ 750
Packaging Options
Veterans Benefits $21,970
Federal Pell Grant: $ 4,050
ACG: $ 0
Student cannot receive any ACG funds because need has already been met. No overaward for Pell and VA only.
79
Contact Information
For questions or to provide feedback:
Anthony Jones
202-502-7652
David Bergeron
202-502-7815