Federal and State Grants
Federal Grants
Federal Academic Competitive Grants (ACG)
An Academic Competitiveness Grant will provide up to $750 for the first year of undergraduate study and up to $1,300 for the second year of undergraduate study to students meeting the following criteria:
- Pell eligible
- Enrolled at least halt-time (6 credits or more)
- Have completed a rigorous high school program, as determined by student's state of residence
- (Applies to second-year students) Have maintained a cumulative grade point average (GPA) of at least 3.0
The program is available for first-year students who graduated from high school after January 1, 2006 and for second-year students who graduated from high school after January 1, 2005.
Federal Sciences & Mathematics Access to Retain Talent (SMART) Grant
A National SMART Grant will provide up to $4,000 for each of the third and fourth years of undergraduate study to students meeting the following criteria:
- Pell Eligible
- Enrolled at least half-time (6 credits or more)
- Have a cumulative grade point average (GPA) of at least 3.0 in coursework required for the major
- Enrolled in and taking coursework towards one of the following Luther majors: biology, chemistry, math, computer science, physics, statistics
Federal Pell Grant
Grant assistance designed to assist undergraduate students who demonstrate the greatest financial need.
The maximum annual award under this program for the 2008-09 year is $4,731.
Federal Supplemental Education Opportunity Grant
Federal award designed as a complementary grant to the Federal Pell Grant.
Students receiving this award must also demonstrate a high level of financial need. An eligible undergraduate may be awarded a grant of $100 to $2,000.
State Grants
Iowa Tuition Grant
This grant is available to qualified undergraduate Iowa residents. Students may receive the ITG for no more than eight full-time semesters. The ITG is based on financial need and a FAFSA filing deadline of July 1.
The maximum ITG for the 2008-09 academic year is $4,000. Eligible students must be enrolled full-time to receive the maximum award. Students enrolled less than full time may qualify for a pro-rated award.
In the event that available state funds are insufficient to pay the full amount of each approved grant, the Iowa College Student Aid Commission has the authority to administratively reduce the award.
Iowa Grant
Exceptionally needy undergraduate Iowa residents may be eligible. These grants, available for full- and part-time students, range from $100 to $1,000 and are intended to promote access to Iowa colleges and universities. Due to limited funding, only a select number of applicants will be assisted. A student must complete the FAFSA to be considered.