Can students be over awarded while receiving the ACG/SMART grants, and if not, is it ok to reduce the ACG/SMART grant?
A6: Students cannot be over awarded. The sum of all of a student’s aid and their EFC cannot exceed the student’s cost of attendance (COA). If necessary, a school should reduce a grant amount to avoid an overaward. There is no minimum amount for ACG/SMART. Posted on 10/30/2006 Top Q7: Will schools be able to award and disburse ACG and SMART Grants retroactively once we get past the first semester of their existence? For example, if a student meets all the qualifications for and ACG or National SMART Grant for the fall 2006 semester but doesn’t realize it until the spring, can an ACG or National SMART Grant be certified in the spring and get a retroactive award for the fall? A7: Yes, but only if it is in the same award year. You cannot retroactively pay for a previous award year.
Related Questions
- Can students be over awarded while receiving the ACG/SMART grants, and if not, is it ok to reduce the ACG/SMART grant?
- Can ACG/SMART grants be used to meet any portion of the cost of attendance, or is it specific to tuition?
- Are students allowed to use ACG/SMART for summer school enrollment? If yes, under what circumstances?
