SMART Grants - Educational Grants for the Student of Math, Science and Languages National Science and Mathematics Access to Retain Talent (SMART) Grants assist those undergraduate postsecondary students that major in foreign languages or certain designated technical fields. Financial grant assistance is provided on need-basis to help these students meet their educational expenses. Are You Eligible To Receive A Federal Student Aid? The Department of Education offers several types of educational financial assistance such as grants, federal loans, and work-study programs. It is very much essential for student to determine which type of assistance will best suit his/her financial needs. Educational Grants - Financing Your Education with State Assistance The Leveraging Educational Assistance Partnership (LEAP) provides grants to States that can be used in financial assistance programs to help support eligible postsecondary students. What does it mean that Federal Student Aid is a PBO? A PBO is a Performance Based Organization representing an initiative that was created in order to help the government operate more effectively and efficiently. When people call Federal Student Aid a PBO, this means that they are committed to and hold the same standards of the Performance Based Organization.