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The Byrd Honors Scholarships were established in 1985, providing $1,500 nonrenewable scholarships to eligible students. In 1993, the program was expanded to allow students who successfully completed their first year of college to reapply for stipends for the following three years.
In the U.S., a grant is given on the basis of economic need, determined by the amount to which the college's Cost of Attendance (COA) [6] [7] exceeds the Expected Family Contribution (EFC), [8] calculated by the U.S. Department of Education from information submitted on the Free Application for Federal Student Aid following formulas set by the United States Congress.
All graduating high school seniors who are U.S. citizens or legal permanent residents and who have scored exceptionally well on either the SAT of the College Board or the ACT Assessment of the American College Testing Program on or before October of each year are automatically considered for participation. [5]
The Higher Education Relief Opportunities For Students (HEROES) Act (Pub. L. 108–76 (text)) was legislation passed unanimously by the United States Congress and signed into law by President George W. Bush on January 16, 2002. It was extended and amended in 2003, extended in 2005, and made permanent in 2007.
The Science, Mathematics, And Research For Transformation (SMART) Defense Scholarship Program was tested as a program in 2005 under the Air Force Office of Scientific Research. SMART was fully established by the National Defense Authorization Act for fiscal year 2006, and was assigned to the Navy Postgraduate School (NPS) as the managing agency ...
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