Frequently Asked Questions

Award Details

How much are the cash stipends?

Cash stipends are paid at a rate of $25,000 - $38,000 per year depending on degree pursuing.

Is there a cap on tuition funded through SMART?

No. If awarded, SMART will fund the total cost of full-time tuition at the regionally accredited U.S. college or university of the applicant's choice.

How will the stipend funding be paid?
  • Participant cash stipends will be paid as either a monthly stipend distributed by ASEE or as a bi-weekly salary distributed by the SMART Program. Payment logistics are decided by the SMART Program in accordance with program requirements.
  • Tuition and related educational fees will be paid directly to your university by ASEE.
  • SMART provides an annual health insurance allowance to recruitment participants. The health insurance allowance is paid directly to recruitment participants by ASEE. Retention participants generally continue to receive health insurance through their SF and the federal employee benefit system. Retention participants work directly with their SF regarding health insurance.The health insurance funding benefit is for the Participant only and does not extend to family members or dependents.
  • Miscellaneous Supplies Allowance will be paid to Recruitment Scholars by ASEE and to Retention Scholars by their Sponsoring Service Organization.

 

Taxation of Awards

ASEE must report all stipend, internship support, health insurance and book allowance payments made to Recruitment Participants under the SMART Scholarship Program. At year end, ASEE will provide participants and the Internal Revenue Service (IRS) with the informational Form 1099-MISC recording the amount paid to the participant during the tax year. ASEE does not withhold taxes from participant payments. Under current laws and regulations, participants are responsible for submitting quarterly estimates of income taxes to the IRS and paying the amounts due. Participants may have a similar liability with respect to state and/or local taxes depending upon the state and/or locality where the participant resides.

You are considered an independent contractor, and not self-employed, and are not employed by either the United States Government or ASEE.  If you have further tax questions, please contact the IRS, as ASEE is prohibited from giving tax advice.