34 C.F.R. § 691.6 Duration of student eligibility—undergraduate course of study.
Title 34 - Education
(a) A student is eligible to receive up to one ACG Scheduled Award during each of the student's first and second academic years of eligible program. (b) A student is eligible to receive up to one National SMART Grant Scheduled Award during each of the student's third and fourth academic years of eligible program. (c) A student may not receive more than two ACG Scheduled Awards and two National SMART Grant Scheduled Awards. (d) For an eligible student enrolled in a summer term of an eligible program for which the institution determines payments under §691.63(b) and (c), the student's summer term is considered to be— (1) For an eligible program offered in semesters or trimesters with a single summer term that provides at least 12 semester or trimester hours of coursework, one-half of an academic year in weeks of instructional time under §691.63(b)(3)(i) and (c)(4)(i), or one-third of an academic year in weeks of instructional time under §691.63(b)(3)(ii) and (c)(4)(ii); or (2) For an eligible program offered in quarters with a single summer term that provides at least 12 quarter hours of coursework, one-third of an academic year in weeks of instructional time under §691.63(b)(3)(i) and (c)(4)(i), or one-fourth of an academic year in weeks of instructional time under §691.63(b)(3)(ii) and (c)(4)(ii). (Authority: 20 U.S.C. 1070a–1)
Title 34: Education
PART 691—ACADEMIC COMPETITIVENESS GRANT (ACG) AND NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT GRANT (NATIONAL SMART GRANT) PROGRAMS
Subpart A—Scope, Purpose, and General Definitions
§ 691.6 Duration of student eligibility—undergraduate course of study.
