Trina Smith-Patterson

fahelp@tccd.edu

Financial aid is money provided by the federal government, states, institutions and other

sources to help students pay for college This can consists of different programs

Grants Loans Scholarships Work-Study Programs

General Eligibility Requirements: Have a H.S. Diploma or

GED U.S. Citizen or Eligible

Non-Citizen Enroll for an eligible degree or

certificate program Enroll at least 6 hours for most

programs

General Eligibility Requirements: Not be convicted of an offense

involving a controlled substance Register for Selective Service

(Male Students) Not owe a refund on federal grant

or be in default on a loan Maintain Satisfactory Academic

Progress

Every Financial Aid Program begins with the FAFSA Free Application for Federal Student

Aid Do not pay to process this

free application The student completes the FAFSA at www.fafsa.gov Annual Process

FAFSA available in January each year for the Fall

semester

Undocumented Students Eligible for State Grant Programs Only Different Application Process

Complete Paper TASFA or FAFSA Submit to Financial Aid Office

Submit tax returns and IVF as well Submit copy of Affidavit that was admitted as Senate Bill 1528

Receives this documentation from the Registrar’s Office

The Financial Aid Office uses the following formula to determine eligibility:Calculate the Need:

Cost of Attendance

-Estimated Family Contribution (from SAR) Financial Need

The EFC is figured by the federal processor from the information provided on the FAFSA

TCC Dependent Student living

at home

Cost $9153

EFC 1300

Total Need 7853

SMU Undergraduate Student

living in dorm

Cost $ 50005

EFC 1300

Total Need 48705

Gift Aid: Funds that do not have to be repaid

Federal Pell Grant (EFC 0 -- 4995) Over 74.5 Million disbursed 11-12 Over 118.3 Million awarded 12-13

Federal SEOG (EFC 0 -- 4995) TEXAS Grant (EFC 0 – 4000)

Must be in Recommended or Advance High School Program Other (TPEG, TEOG, Book Scholarship, Book Cards) Stars of Tomorrow (TCC Only) Scholarships

Self-Help: Must be repaid or must work for funds

Federal and State College Work-study Allows students to work on or off-campus

Federal Subsidized Stafford and Unsubsidized Loans Subsidized loans have deferred interest while in school Unsubsidized loans no deferred interest

Be On Time Loan Be a Texas resident Recommended or Distinguished Achievement HS curriculum Be enrolled Fulltime Not eligible to receive TEXAS grant Will not have to repay if student graduates “on time”

Affects All Students receiving Title IV AidMust have a High School Diploma or GED

Pell Grant is limited to the equivalent of 12 Fulltime semesters6 years of study onlyReduction from 18 Fulltime semesters

All students who receive a loan between July 1, 2012 through July 1, 2014 will not be eligible for deferred interest during the 6 months grace period after graduationPay interest or allow interest to capitalize

Can only pay for a previously passed class oncePassing grades A,B,C,D

New Federal Regulation: All Students:

Must have a 67% completion rate of all hours attempted

Completed hours/Attempted hours Must be at least 67%

Must have a cumulative GPA of 2.0 Maximum Timeframe a student is eligible for financial aid

Cannot exceed 150% of publish program

Appeal process for students who do not meet standard depends on school’s policy

Effective July 1, 2011

Contact Financial Aid (817) 515-4243

Website www.tccd.edu Collegeforalltexans.com Collegeboard.com Fastweb.com

Send email fahelp@tccd.edu