Grants & Waivers : Financial Aid : UMass Lowell

Federal Pell Grant:

Federal grant administered by the U.S. Dept of Education
Eligibility determined by demonstrated financial need
Available to students pursuing their first undergraduate degrees with exceptional need
For 2008-2009, awards range from $523 to $4731, depending on eligibility
Gift aid that does not need to be repaid

Federal Supplemental Educational Opportunity Grant (FSEOG):

Federal grant awarded by the UMass Lowell Financial Aid Office
Eligibility determined by demonstrated financial need
Available to students pursuing their first undergraduate degrees with exceptional need
Awards range from $200 to $4000, depending on available funds and number of eligible applicants
Gift aid that does not need to be repaid

Academic Competitiveness Grant (ACG1 & ACG2):

Federal grant administered by the U.S. Dept of Education
Must be a recipient of Federal Pell Grant
U.S. Citizen
Full-time student
Must have completed a rigorous high school program
ACG1 available to freshman who graduate from high school after Jan 1, 2006
ACG2 available to sophomores who graduate from high school after Jan 1, 2005 with a current cumulative grade point average of at least 3.0
ACG1 awards provide up to $750
ACG2 awards provide up to $1300
Gift aid that does not need to be repaid

National Science and Mathematics Access to Retain Talent (SMART) Grant:

Federal grant administered by the U.S. Dept of Education
Must be a recipient of Federal Pell Grant
U.S. Citizen
Full-time student
Available to Juniors and Seniors
Cumulative grade point average of at least 3.0 each semester
Enrolled in Computer Science, Engineering, Critical Foreign Languages, Life Sciences, Mathematics, Physical Sciences, Technology, or Multidisciplinary Studies
Awards provide up to $4000
Gift aid that does not have to be repaid

MASS Grant Program:

State funded grant program administered by the Commonwealth of Massachusetts
Eligibility determined on demonstrated financial need
Available to students pursuing their first undergraduate degrees with exceptional need
Full time enrollment
Legal Massachusetts state residents
FAFSA must be filed by May 1
Gift aid that does not need to be repaid
Non-residents should contact their state scholarship office to determine eligibility requirements and if an award is transferable to UML

MASS Part-Time Grant:

State funded grant program administered by the Commonwealth of Massachusetts
Eligibility determined on demonstrated financial need
Available to students pursuing their first undergraduate degrees with exceptional need
Enrolled in 6-11 undergraduate credits
Legal Massachusetts state residents
Gift aid that does not need to be repaid

Board of Higher Education Tuition Waiver (BHE Waiver):

State funded program administered by the UMass Lowell Financial Aid Office
Eligibility is determined by demonstrated financial need
Available to undergraduate students enrolled at least half time, priority given to full time students
Legal residents of Massachusetts
Waiver applies to state funded-undergraduate degree courses only, continuing education courses are not covered by this program
Gift aid that does not need to be repaid

Board of Higher Education Grant (BHE Grant):

State funded program administered by the UMass Lowell Financial Aid Office
Eligibility is determined by demonstrated financial need
Available to undergraduate students enrolled at least half time, priority given to full time students
Legal residents of Massachusetts
Gift aid that does not need to be repaid

Chancellor's Scholarship:

Institutionally funded program administered by the Financial Aid Office
Eligibility determined on demonstrated financial need
Available to first time freshmen enrolled in undergraduate colleges
Top 25 percent of their graduating high school class
Combined SAT score of 1200
Full-time students
Awards provide up to $3,000 a year towards tuition and fees and $2,000 towards on-campus room and board
Renewable for a total of four years, if the student maintains a 3.0 cumulative grade point average and continues to demonstrate financial need
Gift aid that does not need to be repaid