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US Government Accountability Office, 2009
The Academic Competitiveness (AC) and National Science and Mathematics Access to Retain Talent (SMART) Grants were established by the Deficit Reduction Act of 2005. The grants provide merit-based financial aid to certain low-income college students eligible for Federal Pell Grants and are administered by the Department of Education (Education).…
Descriptors: Student Financial Aid, Federal Aid, Eligibility, Problems
Dynarski, Susan; Scott-Clayton, Judith E. – National Bureau of Economic Research, 2008
A growing body of empirical evidence shows that some financial aid programs increase college enrollment. Puzzlingly, there is little compelling evidence that Pell Grants and Stafford Loans, the primary federal student aid programs, are effective in achieving this goal. In this paper, we provide an in-depth review of this evidence, which taken as a…
Descriptors: Federal Aid, Taxes, Student Financial Aid, Enrollment