Amount family can reasonably be expected to contribute. Amount
family can reasonably be expected to contribute. Stays the same
regardless of college. Stays the same regardless of college.
Calculated using FAFSA data and a federal formula Calculated using
FAFSA data and a federal formula
Slide 5
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Texas Grant
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Eligible Pell Grant Max Grant $5550 Max EFC 5000 12 semesters
at full-time (6 years) or equivalent of 24 semester at
half-time.
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I. Advanced Academic Programs Earn 12 hours of college credit
courses (e.g. dual credit, AP); or Graduate under the Distinguished
Achievement High School Plan or Graduate under the International
Baccalaureate High School Program. II. Advanced Math Complete a
math course beyond Algebra II First priority students awarded
requirements: EFC less than 4000 & meeting 2 of the four
categories below
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III. Class Standing Rank in top 25% of high school class;
Attain a B average GPA (e.g. 3.0 GPA on a 4.0 scale) IV. College
Readiness Achieve college readiness threshold as determined by the
Texas Success Initiative (TSI) (e.g. THEA, COMPASS, ASET); or Be
TSI exempt (e.g. meet minimum score on SAT/ACT, TAKS).
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Once all priority students are awarded, the students who meet
the requirements below will be awarded pending available
funding.
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$2000/year scholarship Must be in top 10% of high school class
Must have financial need (At least $1) Renewable with 3.25 GPA Must
submit FAFSA by March 15th Enrolled in 30hrs/yr.
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Federal College Work Study State College Work Study Community
Service Jobs
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Direct Subsidized Loans Fixed 3.4% int. rate, no payments while
in school. Direct Unsubsidized Loan Fixed 6.8% int. rate, no
payments while in school. Parent Loan for Students (PLUS) Fixed
7.9% int. rate, payment plan varies, 10 year repayment plan.
FEDERAL DIRECT STUDENT LOAN RATES FOR 2012-2013
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The state has programs for students who: Were in foster care
Were in foster care Were adopted (after age 13) Were adopted (after
age 13) Were the highest ranking scholar for their school Were the
highest ranking scholar for their school Are blind or deaf Are
blind or deaf Are Texas Veterans (Hazelwood) Are Texas Veterans
(Hazelwood) Visit www.collegefortexans.com for fact sheets &
links to other higher education resources for students
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www.FAFSA.ed.gov
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Cost of Attendance -Expected Family Contribution -Expected
Family Contribution ____________________________
____________________________ =Financial Need =Financial Need
Slide 18
Presidential Scholars Presidential Scholars Islander Scholar
Islander Scholar Academic Achievement Academic Achievement The
Student Leader Scholarships The Student Leader Scholarships Rising
Scholars Scholarship Rising Scholars Scholarship And many others
And many others
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Presidential Top Scholar: $8000/year Presidential Top Scholar:
$8000/year Presidential Finalist Scholar: $4000/year Presidential
Finalist Scholar: $4000/year Presidential Scholarship: $3000/year
Presidential Scholarship: $3000/year Islander Scholar: $2500/year
Islander Scholar: $2500/year Academic Achievement: $2000 per year
Academic Achievement: $2000 per year Must meet one of the following
qualifications: Rank in the top 15% of senior class Rank in the top
15% of senior class SAT (V+Q) score of 1100 or higher SAT (V+Q)
score of 1100 or higher ACT composite score of 24 or higher ACT
composite score of 24 or higher
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First-time freshmen First-time freshmen Top 50% of their high
school class Top 50% of their high school class Recipients of
another University Scholarship of $1000 or greater are not eligible
for this scholarship program Recipients of another University
Scholarship of $1000 or greater are not eligible for this
scholarship program $1000 per year $1000 per year
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Apply through ApplyTexas.org Apply through ApplyTexas.org Now
combined with online admissions application Now combined with
online admissions application Application available September 1
Application available September 1 Deadline to apply is December 1
Deadline to apply is December 1
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Financial aid is intended to make a college education available
to families in a number of different financial situations; everyone
qualifies for something. Financial aid is intended to make a
college education available to families in a number of different
financial situations; everyone qualifies for something. Income is
only one of many factors considered. Income is only one of many
factors considered. A growing number of institutional and private
scholarships require that students fill out the FAFSA as part of
their application process. A growing number of institutional and
private scholarships require that students fill out the FAFSA as
part of their application process.
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If your parent(s) are still alive, federal guidelines require
that biological parents information be used to fill out the Free
Application for Federal Student Aid (FAFSA) unless someone else is
your legal guardian. If your parent(s) are still alive, federal
guidelines require that biological parents information be used to
fill out the Free Application for Federal Student Aid (FAFSA)
unless someone else is your legal guardian. Guardianship as
determined by a Judge or Court of law in your state of residence.
Student may file as an independent. Guardianship as determined by a
Judge or Court of law in your state of residence. Student may file
as an independent.
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A student is NOT considered independent between the ages of
18-24 unless they are married, a veteran, have children and provide
50% of support to the child, are in legal guardianship, or have
been declared a homeless/unaccompanied youth (proof needed). A
student filing their own taxes does NOT make them independent. A
student living separate from their parents does Not automatically
make them independent.
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The parent whom the student resided with the longest over the
last 12 months provides their information on the FAFSA; both
parents are not required. The parent whom the student resided with
the longest over the last 12 months provides their information on
the FAFSA; both parents are not required. If you lived with each
parent for an equal number of days, use the income information from
the parent who provided you with the most support during the last
12 months. If you lived with each parent for an equal number of
days, use the income information from the parent who provided you
with the most support during the last 12 months. "Support" means
money for such things as housing, food, clothing, transportation,
medical care and school. "Support" means money for such things as
housing, food, clothing, transportation, medical care and
school.
Slide 27
Stepparent's information must be included on your financial aid
application if you lived in the stepparent's household for 6 weeks
(42 days) or more during the previous or current year or if a
stepparent contributed more than $750 in "support" during the
previous or current year. Stepparent's information must be included
on your financial aid application if you lived in the stepparent's
household for 6 weeks (42 days) or more during the previous or
current year or if a stepparent contributed more than $750 in
"support" during the previous or current year. "Support" means
money for such things as housing, food, clothing, transportation,
medical care and school. "Support" means money for such things as
housing, food, clothing, transportation, medical care and
school.
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Satisfactory Academic Progress (SAP) Students receiving
Financial Assistance: Must maintain 2.0 GPA-undergrad Must complete
67%+ of credit hours attempted Failure to meet this standard
results in Financial Aid suspension Students may appeal with OSFA
Students will not receive aid until their SAP is sufficient
Students must pay for classes while on suspension themselves
Slide 29
Satisfactory Academic Progress (SAP) Counselors please be
aware, that due to recent federal regulations, A students dual
credit course work can impact their ability to receive financial
assistance as an incoming freshmen. Example: History
13013hrsDropped Class English 13013hrsD Student will have a 50%
completion rate and a 1.0 GPA coming into college. This student
will be on financial aid suspension and will now have to appeal
with the colleges Financial Aid office.
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PRIVATE SCHOLARSHIPS Parent & students employers Students
middle school and elementary. Local community & church
organizations. Websites offering scholarship searches: Fastweb.com
AIE.org studentscholarshipsearch.com Tips for finding
scholarships:
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Institutional Scholarships December 1st December 1st 2013-2014
Fall/Spring Financial Assistance March 15 th (Top 10%) March 31 st
(FAFSA at TAMUCC) Summer Financial Assistance February 15 February
15
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Contact Information Bob Montez Outreach Financial Aid Advisor
Office: 361-825-5622 Fax: 361-825-6095 Email:
[email protected]