Federal Pell Grant
Pell Grants are awarded to undergraduate students who have not earned a bachelor's or a professional degree. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and nonfederal sources might be added.
The maximum Pell Grant award for the 2012-13 award year (July 1, 2012 to June 30, 2013) is $5,550. The maximum change each award year and depends on program funding. The amount you get, though, will depend not only on your financial need calculated by filing the (FAFSA) Free Application for Federal Student Aid, but also on your costs to attend school, your status as a full-time or part-time student, and your plans to attend school for a full academic year or less.
Currently, over 30% of Monmouth College students qualify for and receive funding through the Federal Pell Grant.
Federal SEOG Grant
The Federal Supplemental Educational Opportunity Grant (FSEOG) program is for undergraduates with exceptional financial need. Pell Grant recipients with the lowest expected family contributions (EFCs) will be considered first for a FSEOG.
Federal Academic Competitiveness Grant
The Academic Competitiveness Grant was made available for the first time for the 2006-2007 school year to first year college students who graduated from high school after January 1, 2006, and to second year college students who graduated from high school after January 1, 2005. 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 full-time students who are eligible for a Federal Pell Grant and who had successfully completed a rigorous high school program, as determined by the state or local education agency and recognized by the Secretary of Education. Second year students must maintain a cumulative grade point average (GPA) of at least 3.0.
Note: Federal funding for the Federal Academic Competiveness Grant has not been approved for the 2012-2013 award year.
National SMART Grant
The National Science and Mathematics Access to Retain Talent Grant, also known as the National Smart Grant can provide up to $4,000 for each of the third and fourth years of undergraduate study to full-time students who are eligible for the Federal Pell Grant and who are majoring in physical, life, or computer sciences, mathematics, technology, or engineering or in a foreign language determined critical to national security. The student must also be enrolled in the courses necessary to complete the degree program and to fulfill the requirements of the intended eligible major in addition to maintaining a cumulative grade point average (GPA) of at least 3.0 in coursework required for the major.
Federal funding for the National SMART Grant has not been approved for the 2012-2013 award year. Federal TEACH Grant
TEACH Grants are awarded to eligible students annually. (Application
In exchange for receiving a TEACH Grant, a student must agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves low-income students and must teach for at least four academic years within eight calendar years of completing the program of study for which you received a TEACH Grant. IMPORTANT: If a student fails to complete this service obligation, all amounts of TEACH Grants that you received will be converted to a Federal Direct Unsubsidized Stafford Loan. For more detailed information, please visit: TEACH Grant ProgramState of Illinois (MAP) Monetary Award Program Grant
The Monetary Award Program (MAP) provides grants to Illinois residents who attend approved Illinois colleges and demonstrate financial need, based on the information provided on the Free Application for Federal Student Aid (FAFSA). You are not required to submit high school grades or test scores when applying for a MAP grant.
Currently, 48% of Monmouth College students qualify for and receive funding through the Illinois MAP Grant program.Silas Purnell (IIA) Illinois Incentive for Access Grant
If the information you provided on your Free Application for Federal Student Aid (FAFSA) results in a calculated zero expected family contribution (EFC) when you're a college freshman, you may be eligible to receive the Silas Purnell Illinois Incentive for Access (IIA) Program grant for up to $500.
Note: State funding for the IIA Grant has not been approved for the 2012-2013 award year.
Monmouth College Grants
In addition to the state or federally funded grant programs, Monmouth College offers millions of dollars of grant funding to our students each year. The amount of the grants vary from student to student and are based on a student’s entire academic and financial profile. Currently, 99% of our students receive grants and/or scholarships from the college.