Federal School Code : 002314
Grants
- Federal Pell Grant
- Federal Supplemental Education Opportunity Grant
- Michigan Educational Opportunity Grant
- Saginaw Valley State University Opportunity Grant
- Federal Academic Competitiveness Grant (ACG)
- National Science and Mathematics Access to Retain Talent (SMART) Grant
- Teacher Education Assistance for College and Higher Education (TEACH) Grant
Federal Pell Grant
- Federal award based on need
- The FAFSA Form must be submitted to determine eligibility
- Awards range from $261 to $4,731 (for the 2008-2009 award year)
- Must be a first bachelor degree undergraduate
- Graduate students and SVSU Teacher Certification students are not eligible
- Award amount may be increased or reduced to reflect enrollment status
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Spring/Summer Federal Pell Grant:
If a student has already received federal financial aid for the Fall and/or Winter semester, Spring/Summer aid is usually limited to leftover Pell Grant or loan eligibility, if applicable. Students who wish to apply for their remaining financial aid eligibility need to submit the Spring/Summer Federal Pell Grant and/or Federal Direct Loan Request Form to the Office of Scholarships and Financial Aid by the dates indicated. Students must submit or must have already submitted a Free Application for Federal Student Aid (FAFSA), www.fafsa.ed.gov. The Spring and Summer sessions are the "trailer" semester for the FAFSA form. That is, each new FAFSA form begins with the Fall semester for aid awarding.
Federal Supplemental Education Opportunity Grant (SEOG)
- The FAFSA Form must be submitted to determine eligibility
- Federal award based on need
- Must also be receiving the Federal Pell Grant
- Limited funding awarded on a first-come first-served basis
- Neediest students are awarded first
- Awards range from $100 to $1,500
- Must be a first bachelor degree undergraduate
- Award may be reduced to reflect enrollment status or if student no longer has need
Michigan Educational Opportunity Grant (MEOG)
- State award based on need
- FAFSA Form must be submitted to determine eligibility
- Awards range from $100 to $1,000 per year for not more than 10 semesters (five years)
- Limited funding awarded on a first-come first-served basis
- Must be a first bachelor degree undergraduate
- Must be enrolled at least half time (6 credits)
- Award may be reduced to reflect enrollment status or if student no longer has need
- Must be a Michigan Resident
Saginaw Valley State University Opportunity Grant (SVOG)
- FAFSA Form must be submitted to determine eligibility
- Students must have an 8 month Expected Family Contribution (EFC) no higher than 7000
- University award based on need
- Limited funding awarded on a first-come first-served basis
- Must be a first bachelor degree undergraduate student status
- Returning students must have a cumulative grade point average of 2.50
- First time in college students must have a high school grade point average of 2.70
and a composite score of 18 on the ACT - Must be enrolled full time (12 credits or more) through the refund period
- Awards range from $1,000 to $1,500
Federal Academic Competitiveness Grant (ACG)
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Federal Requirements:
Students must:
- Be a U.S. Citizen.
- Be Federal Pell Grant eligible.
- Be enrolled full-time in a degree program.
- Be an undergraduate student.
- 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 under-
graduate progam (dual enrolled high school students can receive the
ACG when they are accepted into a degree seeking program as long
as they have met all other requirements); 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. - ACG amount may not exceed the student's Cost of Attendance (COA)
when combined with the student's Federal Pell Grant and other
student financial assistance. - Students cannot exceed their need. Other financial aid will be reduced
to stay within the student's need. If other financial aid cannot be
reduced, the ACG award will be adjusted to a lower amount. - If the number of eligible students is large enough that payment of the
full grant amounts would exceed the program appropriation in any
fiscal year, then the amount of the grant to each eligible student may
be ratably reduced. - A transfer student must be Federal Pell Grant eligible in the same
academic year to be an eligible ACG recipient at a second institution. - Students may only receive one ACG for each of the first two academic
years of an undergraduate program. - Students must have attended and completed all courses to receive and /or
retain their award.
First year students are eligible up to $ 750.
Second year students are eligible up to $ 1300.
Transfer students are only eligible for the second year award up to $1,300.
Institutional Policies:- A student must be enrolled as a full-time student through the refund
period of each semester to have earned all of his/her award. Students
who drop below full-time status during the refund period will lose the
entire award for that semester. - Transfer students must have a 3.0 cumulative GPA from courses
that transfer to the university. The Registrar's Office will calculate
a GPA based on transferred courses only for the purposes of the ACG
award. The calculation of your transferred GPA will not be combined
with your SVSU GPA. - To be eligible for a second semester/second-year ACG award (if
eligible), your cumulative SVSU GPA must be at least a 3.0. - To be eligible for a second-year award, you must have completed
at least 24 credits but no more than 47 credits. - To be eligible for a first-year award, you must have completed
less than 24 credits. - In the event of federal reductions in funding, awards may be reduced
and the student may be billed for the amount of the reduction. - If a student exceeds their COA and/or NEED when the ACG is awarded,
other awards may be reduced to meet the COA and NEED. If other
awards cannot be reduced, the ACG award will be reduced.
ACG Award Academic Year Definition:
ACG 1st Year: 0-23 credits completed
ACG 2nd Year: 24-47 credits completed
National Science and Mathematics Access to Retain Talent (SMART) Grant
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Eligibility Requirements: Students must meet the following federal and
institutional requirements to be eligible for the SMART Grant:Federal Requirements:
Students must:
- Be a U.S. Citizen.
- Be Federal Pell Grant eligible.
- Be enrolled full-time in a degree program.
- Be an undergraduate student.
- Be enrolled in a four-year degree granting institution.
- Major in physical, life or computer science, engineering, mathematics,
technology, or a critical foreign language; and - Have at least a cumulative 3.0 grade point average on a 4.0 scale. Students
must have a cumulative 3.0 grade point average after each semester to
earn their award for the next semester (if eligible). - An eligible student may receive a National SMART Grant of up to $4,000
for each of the third and fourth academic years of study. - SMART Grant amount may not exceed the student's Cost of Attendance
(COA) when combined with the student's Federal Pell Grant and other
student financial assistance. - Students cannot exceed their need. Other financial aid will be reduced
to stay within the student's need. If other financial aid cannot be reduced,
the SMART award will be adjusted to a lower amount. - If the number of eligible students is large enough that payment of the full
grant amounts would exceed the program appropriation in any fiscal year,
then the amount of the grant to each eligible student may be ratably
reduced. - A transfer student must be Federal Pell Grant eligible in the same academic
year to be an eligible SMART recipient at a second institution. - Students may only receive one SMART Grant for each of their third and
fourth academic years of an undergraduate program. - Students must have attended and completed all courses to receive and/or
retain their award.
Institutional Policies:
- A student must be enrolled as a full-time through the refund period of each
semester to have earned all of his/her award. Students who drop below
full-time status during the refund period will lose the entire award for that
semester. - Transfer students must have a 3.0 cumulative GPA from courses that
transfer to the university. The university will calculate a GPA based on
transferred courses only for the purposes of the SMART award. The
calculation of your transferred GPA will not be combined with your SVSU
GPA. - To be eligible for the SMART Grant, student must have earned between
48 to 95 credits hours. Student with less than 48 credits and more than 95
credits are not eligible. - In the event of federal reductions in funding, awards may be reduced and
the student may be billed for the amount of the reduction. - If a student exceeds their COA and/or need when the SMART Grant is awarded,
other awards may be reduced to meet the COA and need. If other awards
cannot be reduced, the SMART Grant award will be reduced.
SMART Grant Award Academic Year Definition:
SMART Grant 3rd Year: 48 - 71 credits completed
SMART Grant 4th Year: 72 - 95 credits completed
Teacher Education Assistance for College and Higher Education (TEACH) Grant
- This is a new Federal Grant that will benefit teacher education students beginning in Fall 2008.
- Information will be coming soon on how the program will be implemented.
- Check out studentaid.ed.gov for more eligibility information.
- Your first step is completing the 2008-2009 FAFSA at www.fafsa.ed.gov.