A grant is a sum of money given by the government or some other organization to fund such things as education or research. Grants usually do not have to be repaid but may have certain criterion that students must follow. The following grants are available to Randolph-Macon students:
Need-Based Grants
Federal Pell Grants
This program provides grant assistance ranging from $400 to $4,310 annually to those who qualify with demonstrated financial needs. Pell Grants do not have to be repaid, provided the student is enrolled in a degree program and maintains satisfactory progress.
Federal Supplemental Educational Opportunity Grants
This campus-based program provides additional grant assistance to Pell Grant-eligible students at the discretion of the College. Awards range from $600 to $1,000 annually.
Federal Academic Competitiveness Grants (ACG)
These grants are awarded to Pell Grant recipients who are U.S. citizens. Grant awards up to $750 are available for first year students who have completed a rigorous high school program after January 1, 2006. Awards up to $1,300 are available for second year students with a 3.0 cumulative grade point average after the first year and who have completed a rigorous high school program after January 1, 2005. Recipients must also be enrolled full-time.
National Science and Mathematics Access to Retain Talent Grants (SMART)
Grants up to $4,000 are awarded to third and fourth year students who are Pell Grant recipients, U.S. citizens, have a cumulative grade point average of 3.0 and are majoring in mathematics, life or physical sciences, computer science, foreign language, engineering or technology. Recipients also must be enrolled full time.
College Scholarship Assistance Program
This grant program, which is jointly administered by the Virginia State Council of Higher Education and Randolph-Macon College, provides grants to Virginia residents who have demonstrated significant need. Grants typically range from $400 to $1,000 annually.
Virginia Tuition Assistance Grant Program (TAG)
Tag is available to Virginia residents who are attending private colleges in Virginia as a state effort to compensate for the difference between public and private school tuition costs. Eligible students received $2,750 in 2006-2007. All state residents who are seeking financial aid are expected to apply for TAG aid.
Randolph-Macon�s Admissions Office mails TAG applications to all Virginia students who have been admitted to the College. Continuing students receiving TAG (who have had no break in enrollment) do not have to reapply annually. Currently enrolled Virginia residents who are not receiving TAG must submit the TAG application by July 31 of the award year.
The TAG application can be printed from the official website of the State Council of Higher Education for Virginia by going to their web page: http://www.schev.edu/Students/forms/tagapp.pdf or by using the Financial Aid forms bank.
Randolph-Macon College Grants
These grant awards, which supplement federal and state aid for students with demonstrated financial need, are made on an annual basis and currently range from $500 to $15,000. Satisfactory academic progress and continued evidence of need are required for renewal.
Entitlement Grants
Family Tuition Grant Program
New recipients of the Family Grant will receive a maximum of $8,000 per year as long as two or more siblings are concurrently enrolled full-time at Randolph Macon. Students who are Academic Scholars (Presidential or Recognition) and also qualify for the Family Grant will receive the larger of the two awards. An additional $1,500 in recognition of their family connection to the College will be awarded if the Presidential Scholarship or Recognition Grant is greater than $8,000.
Pre-ministerial Grants
Students who are preparing for full-time church-related vocations after graduation in churches or denominations approved by the College are eligible to receive grants equal to one-half of tuition. Each student must furnish recommendations from the appropriate pastor, local church, charge conference or ecclesiastical authority and must also sign a note promising to repay the award if the student does not enter a church-related vocation. Recipients may also qualify for other types of aid based on demonstrated need.
Ministers' Family Grants
Dependents of ministers serving the Virginia Annual Conference of the United Methodist Church will receive grants equal to one-third of tuition. Recipients may also qualify for other types of aid based on demonstrated need.
Randolph Macon College Alumni Legacy Grants
Alumni Legacy Grants in the amount of $1,500 are offered to entering students with the following connection to the College: a father or mother, brother or sister, aunt or uncle, or grandfather or grandmother who previously attended the College. To be eligible, a students must demonstrate a legacy connection and be accepted for admission
Note: Please be aware that the maximum total of all Randolph-Macon non-need-based awards, as well as the Virginia Tuition Assistance Grant (TAG) may not exceed tuition.