Financial Aid is intended to supplement (not replace) the student’s financial contribution toward meeting the costs of attending college. Financial Aid is awarded in the form of scholarships, grants, loans, and jobs according to financial need, scholastic ability, and/or other eligibility requirements. STUDENTS MUST APPLY EACH YEAR.
How to Apply for Financial Aid
STEP 1: (A) Fill out the Free Application for Federal Student Aid (FAFSA) completely and mail it to the government in the envelope provided with the application. Like to surf the web?? Check out FAFSA on the Web, an Internet application developed by the Department of Education. Using a supported web browser, students may complete and submit their FAFSA information directly to the Department of Education’s Central Processing System. Students applying through the electronic FASFA for the first time will have to apply for a PIN number. The PIN number is then used to complete the FASFA on the web. Students will be instructed what steps to follow when they log into the web site.
Try: www.fafsa.ed.gov
(B) Complete and turn in Admissions papers for the college. If an application for admission in not on file and entered into the system, a student's financial aid cannot be processed. Failure to apply for admission will delay the processing of one's financial aid.
(C) Have your high school send Temple College an official high school transcript. If you have a GED, bring in your certificate.
If you attended another college and/or trade school, have all such schools send official academic transcripts to Temple College. .
STEP 2: Wait.
If you mailed off the FAFSA form, you will receive a Student Aid Report (SAR) from the government in up to four weeks. If you entered the FAFSA form on the internet and you gave them your e-mail address, you will receive an e-mail from the Department of Education saying they have processed your results. If you entered the FAFSA form on the internet and you did not give them your e-mail address, you will receive an Information Acknowledgement Sheet (front and Back) of your results from the goverment.
When you receive any of these, you MUST notify the Financial Aid Office.
STEP 3: Additional forms may be required before the application process is complete.
STEP 4: Turn in all other necessary paperwork that you have received from the Financial Aid Office.
STEP 5: Watch your mail -- we will send you an award letter. Read this letter and any enclosed forms carefully.
Award Policies
AWARD SELECTION CRITERIA
Applicants are first considered for any gift assistance, for work opportunity, and finally for loan assistance. When possible the student's designated choice of aid is considered. Renewal applicants are generally considered for funds which are renewable, if the student continues to meet program requirements, and funds have not been depleted. Students requesting loans must complete additional forms in the Financial Aid Office. Students who receive a loan must complete pre-loan counseling on the Web before funds can be released.
After the Student Financial Aid Office has received the appropriate forms listed, the student's financial need and the types of awards for which he qualifies will be determined from the information obtained from the file. Often the Student Financial Aid Office offers the student a combination of types of aid called a "financial aid package", which helps to keep the student's indebtedness at a minimum. For example, a student is considered for a scholarship, grant or other gift aid, after which he or she may work to earn some of the needed money, and borrow the remainder which can be repaid after graduation when earnings will be higher. Students are encouraged to borrow only when necessary and then only as much as necessary. Repayment of student loans is a harsh reality more information on this subject may be obtained in brochures available in the Student Financial Aid office.
AWARD LETTERS
Award letters are mailed to eligible students to inform them of the amount, source, and conditions of acceptance of the financial assistance that they will receive. It is advisable to keep the Student Financial Aid Office informed of address changes. This is an informative letter that does not need to be returned.
Financial Aid Resources on the Web
For financial aid information including an estimate of financial need (the difference between cost of attending TC and all resources available to the student), scholarship search services, and other information, visit http://www.finaid.org/. This page is sponsored by the National Association of Student Financial Aid Administrators and provides a host of services and information.
Another resource available within the State of Texas is the Texas Guaranteed Student Loan Corporation. Their web site also provides a host of helpful information about financial aid. They can be found at http://www.tgslc.org/.
NEW at Temple College..
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Loan Counseling on the web. First-time borrowers at TC are required to complete Entrance Counseling before receiving their first disbursement. Click on the Stafford Entrance Counseling button to begin. |
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Student loan borrowers who are leaving TC are required to complete Exit Counseling within 30 days of ceasing enrollment at TC. Click on the Stafford Exit Counseling button to begin. |
Questions? Contact the Financial Aid Office.
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