Know the Costs

It’s important to know the full cost of your program to confirm that your financial aid package will completely cover it. In addition to tuition and fees directly assessed by the college, you may also need to plan ahead to budget for some items not charged by Texarkana College, but related to attending college generally. (This includes things like the cost of room and board in our area or the cost of transportation to get back and forth from college.) Please click the prompt below to answer three questions to see the “Cost of Attendance budget” calculated by the TC Financial Aid Office for a student within your category:

Cost of Attendance Estimator

You can also visit TC’s Online Bookstore to see the exact cost of the books and supplies for your courses.

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.

View important Semester information

For details about payment deadlines and expected refund dates, visit our semester information pages:

Mandatory Loan Counselling Sessions

Any student who is applying for a student loan and is a first-time borrower with Texarkana College must attend one of the loan sessions listed below.  Students MUST register for the loan session in the Financial Aid Office prior to loan session date and arrive ten minutes early for the applicable session.  Loan sessions are held in the BCT building, Levi Hall Conference Room.

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Avoiding Student Loan Default

The Department of Education keeps a record for each college of the percentage of students who go into default on their student loans over a 3-year period after entering repayment, a measurement called a Cohort Default Rate (CDR). Texarkana College’s CDR for its only available year so far (FY 2013) was 31.2%. In the 2015-2016 school year, 19% of our total undergraduate students borrowed student loans.

Texarkana College takes the issue of student loan default very seriously, and we consider successful loan repayment an integral part of overall student success. Luckily, with the options available to you, there is no valid reason anyone should have to go into default on their student loan. Options such as income-based repayment mean that there is a payment plan made to fit any budget, there are loan forgiveness or discharge options available to students in certain circumstances, and you can ask for temporary breaks called “deferment” or “forbearance” if needed. The key to all of these is talking to your student loan servicer (the third-party company managing your loan on the government’s behalf) and staying in good contact with them.

If you are unsure who your loan servicer is, you can log in to https://nslds.ed.gov or https://studentaid.ed.gov using your FSA ID (FAFSA login). These web sites will give you a full record of your loan borrowing history and all the contact information you will need to speak to your loan servicer. You can also learn more about avoiding loan default here. If you are graduating or taking a break from school, be sure to complete Exit Counselling on https://studentloans.gov to ensure you get to take advantage of your full 6-month grace period. Finally, don’t hesitate to contact our Loan Coordinator at 903-823-3352 or jesse.hausler@texarkanacollege.edu if you need assistance with finding your loan servicer.