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GRACE Grant

Article ID: 31072

Question
What is the GRACE Grant? What are the requirements?

Answer

The Graduation & Retention Access for Continued Excellence (GRACE) Grant is designed to provide access to the neediest sophomore through senior students by providing an incentive for on-time graduation.

The intention of the GRACE Grant is to give the University’s students who express the greatest need for financial resources an opportunity to continue their degree program, as long as they matriculate in good standing and on-time. With this goal in mind, students must meet the following requirements in order to receive this form of aid:

  • Enrolled full-time in an undergraduate degree-seeking program;
  • Must be a sophomore – senior;
  • Have a cumulative GPA of 2.5 or greater;
  • Must be a domestic student admitted as a First-Time-In-College (FTIC) student;
  • Must be on-time for graduation*;
  • Must complete the FAFSA on or before February 1st  each academic year;
  • Must have a zero (0) Expected Family Contribution (EFC);
  • Must be making Satisfactory Academic Progress (SAP) standards for financial aid;
  • Must not have an outstanding delinquent balance at the time of awarding;
  • Must be registered full-time for the Fall term at the time of awarding; and,
  • Must not receive any other form of institutional aid that pays for full tuition & fees (e.g. freshmen scholarship, full tuition athletic award).

*A degree audit will be conducted at the end of each academic year by each school/college to determine if students are on-time for graduation. This information will be used to award eligible students.


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Views: 1606 Created on: Mar 06, 2014
Posted in: Scholarships

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