We at Texarkana College realize that providing financial assistance to students and families is a critical component for providing access to education and job training. Our website provides valuable information in understanding the financial aid process. We encourage you to take advantage of the information provided. Financial Aid is full of deadlines, criteria, and other requirements that will affect when and if you receive funding. Therefore, we highly recommend that you learn about the process and become an informed student. The more you know, the smoother the process will be.
Have a great semester!
Martin R. Hernandez
Director of Financial Aid
Meet the deadlines:
All required documents including FAFSA, tax transcripts (if required), and other documents requested by the financial aid office must be received by the following priority deadlines:
|Fall 2013 semester||July 31, 2013|
|Spring 2014 semester||December 19, 2013|
|Summer 2014 (Workforce)||May 2, 2014|
|Summer I 2014 (Academic)||May 9, 2014|
|Summer II 2014 (Academic)||June 13, 2014|
If you complete your FAFSA and turn in all requested documentation before the priority date, we will have your financial aid file completed and awarded and ready to pay for tuition, fees, room and board, books, etc when bills are due. While FAFSA applications and other paperwork will be accepted after these dates, failure to meet these priority deadlines could result in your aid not being ready to pay your bill by the payment deadline. This means you will need to make other financial arrangements with the business office to avoid losing your classes for non-payment.
Simply completing the FAFSA by the deadline is NOT considered a complete file because there may be more information required beyond the FAFSA application.
Please note the following changes involving the FAFSA and the Verification process:
IRS Data Retrieval – When filling out the FAFSA, Texarkana College strongly recommends all students, parents, spouses (if applicable) upload their income tax information to their FAFSA using the IRS Data Retrieval tool. This will speed the application process and ensure accuracy.
Tax Return Transcript – Students who are selected for Verification and did not/could not use the IRS Data Retrival Tool will be required to submit an official IRS Tax Return Transcript. Tax Transcripts can be obtained from the IRS at www.irs.gov.
Use The Right FAFSA:
You must complete a new FAFSA every school year you apply for financial aid. It is very important that you complete the FAFSA for the year that corresponds to the semester you want to receive financial aid. (Keep in mind that each FAFSA goes by the academic year, which runs from August to August, rather than the January-to-December calendar year.)
If you plan on attending in Summer 2014, complete the FAFSA for 2013-2014.
If you plan on attending in Fall 2014, complete the FAFSA for 2014-2015.
Financial Aid refunds will be issued to your myTC Card from HigherOne.
Financial aid funds are first used to pay your tuition, fees and books. If there are funds left after your tuition, fees and books are paid, you may be eligible to receive the remaining balance in the form of a refund. Refunds are sent to your myTC Card from Higher One. All students will receive the myTC card, whether they are scheduled to receive financial aid or not. This is not a credit card. This debit MasterCard ensures fast delivery of funds through electronic means.
It is important to activate your myTC Card upon receipt in the mail. Activating your card will prevent any delays in receiving any refunds.
For more information, please visit myTCcard.