Anyone know where this grant came from?

Question

I was looking over my financial aid information and I found a grant today that I was awarded that I haven't seen before. I've already paid my tuition and paid for my books and then found out today that I'm getting an additional grant for $750 to be split between the two semesters. It was listed as 'Federal Acad Comp Grant 1' and was accepted for me but I have no idea. Anyone know?

Answer 1

Academic Competitiveness Grant (ACG) - is a Federal Grant similar to the Pell grant but with a "Merit" stipulation.

For undergraduates receiving Pell Grants who are U.S. citizens enrolled full-time in their first or second academic year* of study.

For first academic year* students who have completed a rigorous secondary school program of study, graduated from high school after Jan. 1, 2006, and have not been previously enrolled in an undergraduate program.

AMOUNTS

First academic year* students: up to $750

Second academic year* students: up to $1,300