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Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

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Page 1: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Graduate Keys to Financial Aid

SCHOLARSHIPS & FINANCIAL AID

Page 2: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Services We Provide

Advising on student aid

Scholarships

Grants

Student employment

Federal, state, institutional

and alternative loans

Short-term loans

Money management

24/7 access to financial aid

information

Veteran Services

Page 3: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Applying for Financial Aid

Information provided is used to calculate the Expected Family Contribution (EFC). Must be completed annually

Free Application for Federal Student

Aid (FAFSA) fafsa.ed.gov

School Code 003632

International Student Financial Aid

Application (ISFAA)*

Texas Application for State Financial

Aid (TASFA)*

financialaid.tamu.edu

* Funding programs are very limited. Submission of an application does not guarantee that aid will be awarded

Page 4: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Cost of Attendance Fall & Spring Semester 2015-16*

Resident Non-Resident

Tuition & Fees $6,726 13,872

Loan Fees 146 146

Room & Board 10,950 10,950

Books & Supplies 1,066 1,066

Travel 622 1,150

Miscellaneous 2,574 2,574

$22,084 $29,758

*Based on 9 graduate credit hours per semester.

Must be adjusted for students enrolled less than full-time

Page 5: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

What else impacts my aid eligibility?

Financial aid eligibility is impacted by any funds that are provided to

assist with educational expenses, including, but not limited to

Fellowships

Tuition payments

Non-resident tuition waivers

Veteran or other educational benefits

Page 6: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

howdy.tamu.edu

My Finances

Check the status of your aid

Obtain and complete forms

Accept or reject and process aid

Calculate your loan payments

Page 7: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Release of Funds

Financial aid can apply to the billing statement no

sooner than 10 days before the first class day each

semester, dependent upon your

enrollment/registration.

Page 8: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Financial Aid Refunds

Required: Direct deposit

Financial aid, scholarships, and fellowships in excess of balance owed to the University will be refunded to the student

Assistantships are not paid through this process, they are processed through Payroll.

Student Business Services processes all refunds. Be sure to sign up for direct deposit at

howdy.tamu.edu

Page 9: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Fellowship Disbursement Dates

Fall 2015

8/25/2015 September

9/24/2015 October

10/23/2015 November

11/24/2015 December

Spring 2016

1/4/2016 January

1/22/2016 February

2/22/2016 March

3/24/2016 April

4/22/2016 May

Visit scholarships.tamu.edu for a list of these dates

Page 10: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Financial Aid Delays

Incomplete file/missing documents

Loan Entrance Counseling not complete

Loan Master Promissory Note not complete

Not enrolled in enough hours at Texas A&M

Full-time = 9 hours fall/spring, 6 summer

Half-time = 5 hours fall/spring, 3 summer

Fellowship not yet posted by college/department

Scholarship funds yet not received from donor

Page 11: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Short-term Loans

Apply online at financialaid.tamu.edu

Short-term Loan FundsProvide assistance to students who

experience temporary financial difficulty in

connection with educational or

educationally related expenses other than

tuition and required fees.

Help students pay Texas A&M University

tuition and required fees. This 90 day loan

will be applied directly to the tuition and fee

account.

Emergency Tuition & Fees

Loans (ETFL)

Page 12: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Maintaining Financial Aid Eligibility

Satisfactory Academic Progress (SAP)

Reviewed semesterly

Policy and appeal process at

financialaid.tamu.edu

General Requirements:

Cumulative GPR of 3.0

Must successfully complete 67% of all courses

attempted*

Cannot exceed 150% of minimum hours

required for admitted degree program*

* includes both TAMU and transfer coursework

Page 13: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Looking Ahead

2016-2017

Apply for scholarships

Renew your financial aid application

Check your financial aid status online

and fulfill all requirements

Continuing Student Scholarships

Apply at scholarships.tamu.edu

Opens in October

Deadline is February 1 each year

Make sure to check with your college or department

Page 14: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Military Admissions, VSO and

VRSC

Military Admissions:

Responsible for helping veterans and their dependents

become admitted to the University.

Koldus, Room 112

The Veteran Services Office (VSO):

Responsible for veteran educational benefits,

scholarship and financial aid advising.

Pavilion, Room 205

The Veteran Resource & Support Center (VRSC):

Identifies, develops & provides uniquely tailored

resources for military affiliated students & their families

Koldus, room 112.

For more information, visit veterans.tamu.edu

Page 15: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Five Tips to Remember

It is not too late to apply

Apply every year

Check status online and A&M

email often

Be aware of deadlines

Interest rates on student loans

are lower than that of credit cards

Page 16: Scholarships & Financial aidogaps.tamu.edu/OGAPS/media/media-library/documents...Short-term Loans Apply online at financialaid.tamu.edu Short-term Loan Funds Provide assistance to

Contact Us

Scholarships & Financial Aid Texas

A&M University

Second Floor, The Pavilion

P.O. Box 30016

College Station, TX 77842-3016

(979) 845-3236

Email: [email protected]

Web: financialaid.tamu.edu

Counselors of the Day available from

8:00 a.m. to 5:00 p.m., Monday

through Friday

FAFSA School Code: 003632