Grants
Every academic year each student MUST COMPLETE the Free Application for Federal Student Aid (FAFSA) to determine eligibility for any type of federal grant.
Federal Pell Grant
What is a Federal Pell Grant?
A Federal Pell Grant is awarded to help Undergraduate students pay for their education after high school. For the Federal Pell Grant Program, an undergraduate is one who has not earned a bachelor's or professional degree. These Grants provide a "foundation" of financial aid for many students to which aid from other federal sources may be added. Unlike loans grants do not have to be repaid.
How much can I receive from a Federal Pell Grant?
The maximum Award for the 2006-2007 year will be $4,050. The amount awarded will depend not only on your Expected Family Contribution(EFC), but on the cost of education, enrollment status, and whether or not attendance is for a full academic year or less. Review the Pell Grant payment schedule by clicking on the Pell Grant Chart.
Can I receive a Federal Pell Grant if I am enrolled less than half time?
Yes, if you are otherwise eligible. You will not receive as much as if you were full time, but your school must disburse your Pell Grant funds in accordance with your enrollment status and cannot refuse to award you simply because you are enrolled less than half time.
Federal Supplemental Educational Opportunity Grant (FSEOG)
What is a FSEOG?
This is a grant intended to supplement other aid received. These grants are federally funded with each school receiving a fixed amount each year. Therefore, funds are awarded to a limited number of undergraduate students with exceptional financial need. A FSEOG does not have to be repaid.
How much can I get from a FSEOG?
FSEOG grants at UACCB may range from $200 to $400 per academic year depending on the availability of funds.
State Grants
The state of Arkansas provides several grants and scholarships. State financial aid includes the State Grant, Governor's Scholarship, Arkansas Academic Challenge, MIA/KIA Dependant's Scholarship, Law Officers Dependant's Scholarship, and Emergency Secondary Educational Loan Program. For information on these programs call 1-800-54-STUDY.
Federal Academic Competitiveness Grant (ACG)
What is the Academic Competitiveness Grant (ACG)?
The ACG is awarded to undergraduate students who also receive Pell Grants and are U.S.
citizens enrolled full-time in their first or second
academic year of study.
The grant is awarded to students who have completed a rigorous high school program of study, graduated
from high school after Jan. 1, 2005, and have not been
previously enrolled in an undergraduate program. Second-year students must have at least a
3.0 cumulative GPA at the completion of their first year
of college coursework.
How much can I get from a ACG?
First-year students can receive up to $750 per year and second-year students can receive up to $1,300 per year.
