Federal Grants

Pell Grants provide assistance to low-income families who demonstrate high levels of financial need. For 2009-2010, individual awards ranged from $976 to $5,350.

Academic Competitiveness (AC)Grants: Students who are eligible for the Pell Grant and are entering their first or second academic year may qualify for this additional federal grant. First year recipients may receive up to $750. Second year recpients may receive up to $1300. For more information about additional eligibility requirements please visit the Department of Education's website.

National Science and Mathematics Access and Retain Talent (SMART) Grants: Students that are eligible for the Pell Grant and are in their third or fourth academic year may be eligible for the SMART Grant. SMART Grants are in the amount of $4000 for the full year. For more information about additional eligibility requirements please visit the Department of Education's website.

Students must be pursuing a major in mathematics, science (including physical, life, and computer sciences), technology, engineering, or a critical foreign language, such as Arabic, Chinese, Korean, Japanese and Russian; and
Students must have a grade point average (GPA) of at least 3.0.
Students must be enrolled as a full-time student.
Students must be a U.S. citizen.
Students must be Federal Pell Grant recipients.

TEACH GRANT PROGRAM: The new Teacher Education Assistance for College and Higher Education (TEACH) Grant Program provides up to $4,000 per year in grants for graduate and undergraduate students who intend to teach full-time in high-need subject areas for at least four years at schools that serve students from low-income families. Students may receive up to $16,000 for undergraduate study. Part-time students are eligible, but the maximum grant will be reduced. For additional information on the TEACH grant you can visit the Department of Education website, or contact the Office of Financial Assistance.

Supplemental Educational Opportunity Grants (SEOG) provide assistance to low-income families. Priority is given to Pell Grant recipients. Individual awards typically range from $100 to $1,600 annually.

Yellow Ribbon Program:
Grant assistance for U.S. military veterans. Through the GI Bill a qualifying veteran can receive the value of in-state public university tuition. This program allows that amount to be applied toward private college tuition and Cornell College will pay up to 50 percent of the remaining tuition costs. Cornell's funds will then be matched by the US Department of Veteran Affairs. The GI Bill also provides veterans with a housing allowance (the amount based on location) and an annual allowance of up to $1,000 for books and supplies. In addition, veterans also qualify for fixed-rate federal loans to cover other expenses. For more information, contact the Cornell College financial assistance office at 319 895-4216 or email financial_assistance@cornellcollege.edu

National Student Loan Data System (NSLDS) is the U.S. Department of Education's (ED's) central database for student aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other Department of ED programs. NSLDS Student Access provides a centralized, integrated view of Title IV loans and grants so that recipients of Title IV Aid can access and inquire about their Title IV loans and/or grant data.