Academic Competitiveness Grant (ACG) Program [Education] Law and Legal Definition

According to 34 CFR 668.2 (b) [Title 34 – Education; Subtitle B -- Regulations of the Offices of the Department of Education; Chapter VI -- Office of Postsecondary Education, Department of Education; Part 668 -- Student Assistance General Provisions; Subpart A – General], the term Academic Competitiveness Grant (ACG) Program is “a grant program authorized by Title IV-A-1 of the HEA under which grants are awarded during the first and second academic years of study to eligible financially needy undergraduate students who successfully complete rigorous secondary school programs of study.”

(Authority: 20 U.S.C. 1070a-1)