It is estimated that 600,000 students will benefit from the SMART program by the year 2010. The SMART program was proposed by Bill Frist as a way to keep America in the forfront of higher degree education. In recent times, America has slipped in the lead for producing engineers and scientists. America has always held a strong leadership role in the world for education in these areas. India and China have now closed the gap and together they will graduate more than double that of the U.S..

What about our economy? America has an economy that is built on technological advances. In order to protect our economy from foreign sources we must stay focused on improving our young peoples' chances to obtain higher education. This is a step in the right direction.

The program is available to third and fourth year students that are full time students. The SMART program offers $4,000.00 To help offset the cost of education. This money is awarded in addition to the Pell grant, combined they could total $8,050.00 per year. Anyone interested in this program should contact the financial aid office at their college. They should have all the forms and will be able to help you with any questions you may have.

If you are in need of other sources of finances, many of the largest lenders have expanded their allotments for college loans this year. This includes the FAFSA programs. Sallie mae has also changed a few things.