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Federal Supplemental Educational Opportunity Grant. The Federal Supplemental Educational Opportunity Grant, more commonly known by its acronym SEOG, is a federal assistance grant reserved for college students with the greatest need for financial aid to attend school. To be eligible for this grant, applicants must meet all of the following criteria:
The D.C. Opportunity Scholarship Program provides scholarships to low-income children in Washington D.C. for tuition and other fees at participating private schools. The program was the first Federally funded school voucher program in the United States. It was first approved in 2003 and allowed to expire for the first time in 2009 under the ...
Upward Bound Math-Science (UBMS) was first authorized through the Higher Education Act of 1965 and reauthorized in the Higher Education Opportunity Act of 2008. [13] Participating students must have completed the eighth grade and be low-income or "potential first-generation college students", with two-thirds of selected applicants meeting both ...
It has been shown that the socioeconomic status of the family has a large correlation with both the academic achievement and attainment of the student. "The income deficits for inner-city students is approximately $14,000 per year and $10,000 per year for the families of those living in the respective areas compared to the average income of ...
On January 6, 2009, Congressman Chaka Fattah introduced H.R.106, The American Opportunity Tax Credit Act of 2009. [3] In brief, the proposed act specified. Any full-time college or university student is eligible. According to the IRS, the American Opportunity Credit cannot be taken by a taxpayer if he has a felony drug conviction.
Over the past 40 years the gap in graduation rates for wealthy students and low-income students has widened significantly. 77% of the wealthiest quartile of students obtained undergraduate degrees by age 24 in 2013, up from 40% in 1970. 9% of the least affluent quartile obtained degrees by the same age in 2013, up from 6% in 1970. [124]
For low-income students the impacts would be even greater as the amount of education completed increases almost twice as much and the future impacts include 9.5% higher adult wages and 6.8% lower poverty rates. A 25% increase in school funding would result in a complete elimination of the achievement gap between low and high income students. [25]
SEO Scholars is an eight-year program that gets low-income public high school students in New York City and San Francisco to and through college.In high school, the program provides 720 additional hours of academic instruction—the equivalent of 2.5 years of additional English instruction and 1.5 years of additional math instruction on Saturdays, in the summers, and after school.