Financial aid can be a combination of scholarships, grants, loans, waivers, and work-study. Scholarships and grants are considered “free money” and the student is not required to repay; however, most loans require repayment when a student becomes enrolled less than half time or graduates.
Two to three weeks after you and your parents complete your federal tax return, you should complete the FAFSA (Free Application for Federal Student Aid) online at www.fafsa.ed.gov . This is your application for all federal, state and institutional financial aid. All students are expected to file the FAFSA each year in order to receive scholarships or grants from Texarkana College. If you need assistance completing the FAFSA, contact the Federal Student Aid Information Center at 1-800-4FEDAID. You will need to have a valid Social Security Number (SSN) to apply for federal student aid and complete the FAFSA. If you do not have an SSN, you should apply for one at your local Social Security Office.
· If you can answer ‘Yes’ to any of the questions below, you are considered an independent student and information about your parents is not required on the FAFSA Application.
· If you cannot answer ‘Yes’ to any of the questions below, you are considered a dependent student, your parents must answer the parental questions and include their financial information on the FAFSA Application.
**NOTE** If you have a special circumstance that prevents you from providing parental information you may still be able to submit your FAFSA. However, your FAFSA will be incomplete. You must contact the financial office at your college and provide them with documentation to verify your situation.
Note: The following people are not considered parents on this form unless they have legally adopted you: grandparents, foster parents, legal guardians, older brothers or sisters, and uncles or aunts.
Texarkana College’s FAFSA code is 003628.
|May 31st, 2013||Summer Semester, 2013 (2012-2013 FAFSA)|
|July 31st, 2013||Fall Semester, 2013 (2013-2014 FAFSA)|
|December 20, 2013||Spring Semester, 2014 (2013-2014 FAFSA)|
|May 31st, 2014||Summer Semester, 2014 (2013-2014 FAFSA)|
Once you submit the Free Application for Federal Student Aid, you will receive a Student Aid Report (SAR). If you listed Texarkana College’s school code, the financial aid office will receive the information electronically and can begin processing your financial aid application. If your SAR indicates verification, a Verification Worksheet and a Federal Tax Return Tax Transcript (and your parents as well, if applicable) should be submitted to the financial aid office along with any other documentation requested. The financial aid office will notify you of your eligibility for financial aid after ALL forms have been submitted.
Get your refunds fast with HigherOne! Texarkana College will now disburse all financial aid refunds through each student’s HigherOne Account. Visit www.myTCcard.com to select one of the following disbursement options:
If you haven’t received a Student Aid Report, call the Federal Student Aid Information Center at 1-800-4-FED-AID (toll free) or 1-319-337-5665. You must provide them with your Social Security number and date of birth as verification.
Yes. If your Pell Grant has not been processed by the time the semester begins, you must be prepared to pay for the semester or take advantage of a payment plan. You will then be paid the amount you are eligible for as soon as your Pell Award has been processed.
The Department of Education will calculate your financial need and transmit the information to all of the colleges you have listed on the FAFSA. Your financial aid award will be determined after the data from your FAFSA is on file in the office of Student Financial Services and after you have been admitted to the university. If additional information is required, the office of Student Financial Services will ask you to supply it directly.
To be eligible for federal student aid a student must:
A withdraw from a class may affect a students Satisfactory Academic Progress. Students must successfully complete at least 67% of all (cumulative) credits attempted. Please contact the Business Office if you have questions regarding any payment or refund that may result from a withdraw.
All financial aid recipients must have a cumulative grade point average of 1.50 with 29 semester credit hours or less and cumulative 2.00 with 30 or more semester credit hours. Students must also receive satisfactory grades in at least 67% of all credits attempted to be eligible for financial aid.
Students placed on Financial Aid suspension will not be eligible for financial aid until they have sucessfully completed the required minimum number of hours, and/or reach a satisfactory cumulative GPA. For information on appealing any element of this Satisfactory Academic Progress policy, contact the Office of Student Financial Services.
Other than paying the total cost (minus financial aid) at registration, we have payment plans available. For more information, contact our Business Office at (903)823-3331. Students are responsible for timely payment of tuition and fees or they may be dropped from their classes. Please note that if you are awarded some financial aid that covers even a minimum amount of your payment due, and decide not to begin your classes that semester, you will likely have to complete a withdrawal process or still owe the institution.
Yes. Your eligibility is determined one academic year (August to August) at a time because your circumstances can change greatly from one year to the next. You must complete an application each academic year.
Apply as early as possible since a limited number of scholarships are available. The Texarkana College Scholarship applications are available in the Financial Aid Office and www.texarkanacollege.edu/scholarships where a detailed description of the scholarships can be found. Most scholarship applications are due April 15 (with a few exceptions). Please contact the Scholarship Coordinator in the Financial Aid Office for more details.