<p>I thought I would refresh my understanding of the ACG and SMART rules after reading this thread. Next years rules seem to be much better and make more sense than this years (and previous years) from what I have seen on my daughters schools web site. I hope they have it right. Anyway the rules according to her school forms - for those who are interested</p>
<p>2007-2008 ACG
Maximum Award Amounts:
• First-Year: $750 for students who have completed a total of no more than 23 credit hours.
• Second-Year: $1,300 for students who have completed at least 24 credit hours and no more than 47 credit hours and who had at least a 3.0 Cumulative Graduation/Retention GPA at the end of the semester in which the student completed the 24th hour.</p>
<p>2008-2009 ACG
Maximum Award Amounts:
• First-Year: $750 for students who have completed a total of no more than 27 credit hours.*
• Second-Year: $1,300 for students who have completed at least 28 credit hours* and no more than 59 credit hours* and who had at least a 3.0 Cumulative Graduation/Retention GPA at the end of the semester in which the student completed the 28th hour.
*Credit hour totals must exclude any CLEP, IB, AP, or remedial course credits as well as any credit hours earned prior to high school graduation. The U.S. Department of Education recently changed the federal regulations that specify the way these credits are calculated for ACG eligibility. These changes may cause some students to be ineligible for all or part of either a first year or second year grant, or may delay receipt of the grant.</p>
<p>So a (sensible) change from the max for 2nd year being 47 credit hours (which would have meant my daughter would have lost it for 2nd semester sophomore year) to a much more reasonable 59 hours. And is the not including AP, CLEP and CC credits during high school new?</p>
<p>*** SMART grant 2007-2008 rules***
• The maximum award amount for eligible students who have completed between 48 and 71 credit hours is $4,000.
• The maximum award amount for eligible students who have completed between 72 and the maximum number of hours required for their degree is $4,000.</p>
<p>*** SMART grant 2008-2009 rules***
• The maximum award amount for eligible students who have completed between 60 and 93 credit hours* is $4,000.
• The maximum award amount for eligible students who have completed between 94 and the maximum number of hours* required for their degree is $4,000.
• An eligible student cannot receive more than $8,000 total in SMART funding during his/her education.
*Credit hour totals must exclude any CLEP, IB, AP, or remedial course credits as well as any credit hours earned prior to high school graduation. The U.S. Department of Education recently changed the federal regulations that specify the way these credits are calculated for ACG eligibility.</p>
<p>Seems much more sensible and in line with what most people actually do - the original rules seemed to be based on the assumption that students average 12 credit hours a semester - not the case with those I know. In fact I seem to recall seeing the SMART rules when they first came out nd the maximum hours were 96 - I have not seen many (any?) bachelors degrees that only require 96 hours! Which makes me wonder - did the person who wrote the original rules go to college? ;)</p>
<p>(which is not meant as insulting to anyone who did not go to college - I didn't so that would be insulting myself :D )</p>
<p>Hope the school has the rules right - my daughter s/b eligible for the SMART (unless she changes directions) and it would be nice to not lose part of it because of oddly conceived rules!</p>