FEDERAL GRANTS & FEDERAL SCHOLARSHIPS
The following information on the Federal Grant Programs is meant to give you a brief overview of the programs available at the School of Mines. Detailed information is available from the U.S. Department of Education publication Funding Education Beyond High School: The Guide to Federal Student Aid.
To be considered for the Federal Grant Programs, students must file a new Free Application for Federal Student Aid (FAFSA) each year (Click Here for filing options). You must be a degree-seeking student at the School of Mines in order to be awarded aid of any type. These programs are available to undergraduate students only.
Pell Grant: Available only to undergraduate students. Your Pell Grant award is based on the Expected Family Contribution listed on your Student Aid Report and full-time attendance. However, the actual amount that will be applied to your account will be based on your enrollment status as of the final add/drop date each semester, which is approximately the 10th day of the semester. If you are not enrolled in at least 12 credit hours as of the final add/drop date, an adjustment will be made to the amount of Pell Grant funds applied to your account. As a result, you could have an unpaid balance due on your account. Students enrolled less than half-time may be eligible.
Supplemental Educational Opportunity Grant (SEOG): Available only to undergraduate students. This is a limited funded Federal program with awarding priority given to Pell Grant recipients who have met our March 15th priority awarding date. Recipients must be attending at least half-time in order to actually receive the funds awarded. In an effort to make this program available to as many students as possible, the maximum award at SDSM&T is generally $500.
Academic Competiveness Grant (ACG) and National Science and Mathematics Access to Retain Talent (SMART) Grant programs are available only to U.S. Citizens and eligible non-citizens, who are eligible for the Pell Grant program, are enrolled at least half-time (payment is pro-rated for enrollment less than full-time) and have maintained no less than a 3.00 Cumulative Grade Point Average (CGPA). Students are advised to click here for eligibility requirements as established by the U.S. Department of Education. Unless action is taken by Congress to the contrary, both the ACG and SMART programs are scheduled to terminate the end of the 2010-2011 school year.
The Federal Aid Award Letter indicates the maximum eligibility for ACG and/or SMART for the term(s) specified based on full-time enrollment; however, the actual amount that will be applied to your account will be based on your enrollment status as of the final add/drop date each semester. If you are not enrolled in at least 12 credit hours as of the final add/drop date, an adjustment will be made to the amount of ACG/SMART funds applied to your account. As a result, you could have an unpaid balance due on your account if you are enrolled less than full-time.
The ACG program is two years in length depending on the number of completed credit hours. Progression from one year to the next is based on completing 32 or more credit hours per academic year. Students who meet the initial ACG eligibility requirements must have a 3.00 Cumulative GPA at the time eligibility for the 2nd year is determined, which is at the point they have successfully completed 32 or more credit hours. Once an ACG eligible student reaches 64 or more completed credit hours, they are no longer eligible for this program, regardless of how many years they have received funding.
The SMART program is also two years in length depending on the number of completed credit hours. Progression from one year to the next is based on completing 32 or more credit hours per academic year. Students must have a 3.00 cumulative grade point average at the end of each semester. Once a SMART eligible student reaches 128 completed credit hours for a science degree or 136 for an engineering degree, they are no longer eligible for the SMART program, regardless of how many semesters they may have received funding.
SMART Grant eligible degree programs are as follows: Chemical Engineering, Chemistry, Civil Engineering, Computer Engineering, Computer Science, Electrical Engineering, Environmental Engineering, Geological Engineering, Geology, Industrial Engineering, Mathematics (Applied and Computational), Mechanical Engineering, Metallurgical Engineering, Mining Engineering & Management and Physics. This list is subject to change by act of the U.S. Congress without prior notice.
Leveraging Educational Assistance Partnership (LEAP, formerly known as the State Student Incentive Grant Program): This program is awarded by the Financial Aid Office to undergraduate SD residents who are enrolled full-time, file a new FAFSA each year, are Pell Grant eligible, have a high school diploma or recognized equivalent (GED) and fully meet the Financial Aid Satisfactory Academic Progress requirements (students on Financial Aid Probation and Suspension will not be considered for this program). Awards range from $100 to $500. Students determined eligible are notified by the Financial Aid Office via their original or revised award letter.
For more information contact...
Financial Aid Office
SDSM&T
501 E Saint Joseph St
Rapid City, SD 57701-3995
Work Phone 605-394-2274
FAX 605-394-1979
Toll Free 1-877-877-6044
FinancialAid@sdsmt.edu
Contact: SDSM&T Financial Aid
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Last Modified: 12/03/2009 |
