Financial Aid: Grants
Federal Pell Grant
This program provides grant assistance to needy students attending
college. The awards usually range from $400 to $4,050 annually.
Pell Grants do not have to be repaid, provided that the student
is enrolled in a degree program and maintains satisfactory progress.
Federal Supplemental Educational Opportunity Grants
This is a campus-based program that provides grant assistance
to needy, Pell grant eligible, students at the discretion of the
college. The awards range from $600 to $1,000 annually. SEOG Grants
do not have to be repaid.
Federal Academic Competitiveness Grant (ACG)
Grants awarded to Pell Grant recipients who are U.S. citizens.
Grant awards up to $750 for the first year entering students who
have completed a rigorous high school program after 1/1/06; awards
up to $1300 for second year students with a 3.0 cumulative grade
point average after the first year, which have completed a rigorous
high school program after 1/1/05. All recepients must also be enrolled
full-time.
Federal Nation Science and Mathematics Access to Retain Talent
Grant (SMART)
Grants up to $4,000 awarded to third and forth year students
who are Pell Grant recipients, U.S. citizens, have a cumulative
grade point average of 3.0 and majoring in mathematics, life or
physical sciences, computer science, foreign language, engineering,
or technology. Recipients must also be enrolled as 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 with high demonstrated need. Grants
typically range from $400 to $1,000 annually and are non-repayable.
Virginia Tuition Assistance Grant Program (TAG)
This benefit is available to Virginia residents who are attending
private colleges in Virginia. It is a state effort to compensate
for the difference between public and private school tuition costs.
Eligible students received $2,700 for 2006-2007. All state residents
who are seeking financial aid are expected to apply for TAG aid.
The application deadline is July 31 of the award year. Applications
received after July 31 are not guaranteed funding. The 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 for the 2006-2007 year 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 accessing the Financial Aid forms
bank.
Randolph-Macon College Grants
These non-repayable grant awards, which supplement federal and
state aid for needy students, are made on an annual basis and currently
range from $500 to $14,000. Satisfactory academic progress and continued
evidence of need are required for renewal.
Family Grant Program
Beginning fall 2005, 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. Students who are Academic Scholars
(Presidental or Recognition) and also qualify for the Family Grant
will receive the larger of the two awards plus an additional $1,500
in recognition of their family connection to the college.
Pre-ministerial Grants
Students who are preparing for full-time church-related vocations
in churches or denominations approved by the college after graduation
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. Each
student 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 a legacy connection to the college (i.e.,
a father or mother, brother or sister, aunt or uncle, or grandfather
or grandmother who previously attended the college). To be eligible,
students must demonstrate a legacy connection, be accepted for admission,
and have a combined SAT score of 1050 or above on math and critical
reasoning sections and a cumulative high school grade point average
of 2.5 or higher.
Note: Please be aware that the maximum total of all Randolph-Macon
non-need based awards, (i.e., presidential scholarships, legacy
grants, family grants, minister's family grants, pre-ministerial
grants, employee tuition remission, and tuition exchange) plus the
Virginia Tuition Assistance Grant (TAG) may not exceed tuition.