34 CFR 691.1 - Scope and purpose.

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§ 691.1 Scope and purpose.

(a) The ACG Program awards grants to help eligible financially needy first- and second-year undergraduate students, who complete rigorous secondary school programs of study, meet the cost of their

postsecondary education
.

(b) The National SMART Grant Program awards grants to help eligible financially needy third-, fourth-, and, in the case of a program with at least five full years, fifth-year undergraduate students who are pursuing eligible majors in the physical, life, or computer sciences, mathematics, technology, or engineering or a critical foreign language meet the cost of their

postsecondary education
.

(Authority: 20 U.S.C. 1070a-1)
[ 71 FR 38004, July 3, 2006, as amended at 74 FR 20221, May 1, 2009]