TEXARKANA COLLEGE
Awarding & Receiving Aid

AWARD PACKAGE / AWARD LETTER

Once a student’s financial need has been determined, the Financial Aid Office will award a financial aid "package" to attempt to meet this need. This package could consist of funds from federal, state, and/or institutional sources in the amount of the student’s eligibility.

The student will be notified of this information by way of an "award notification letter." The major sections of the award letter are:

  1. Name and social security number. If any of this data is incorrect, it is the student’s responsibility to notify the Financial Aid Office immediately.
  2. The award(s) will be listed by type and amount of aid annually. A student may accept each award by signing a voucher upon registration each semester. The amount of each award is based on enrollment status.

DISTRIBUTION METHOD

The amount of financial aid for which the student is eligible will be issued to the student after registration in the form of a voucher. If the amount of aid awarded exceeds the total charges that the student has authorized for payment, the student will receive the difference in the form of a check at a later date. If the aid is less than the charges, the student will be expected to pay the difference.

If the aid package is for a full-time student for the regular nine-month academic year, one-half will be awarded for the fall semester and one-half for the spring semester. A student will receive a Federal Pell Grant for all eligible semesters up to the maximum academic year authorization. If the student has eligibility for the summer terms, awards will be made at the beginning of each summer term.

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