Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID
Graduate Keys to Financial Aid
SCHOLARSHIPS & FINANCIAL AID
Financial Opportunities at Texas A&M
Texas A&M disburses $534
million in financial aid annually.
19% in Scholarships
15% in Grants
35% in Loans
20% in Student Employment
11% in Tuition Waivers
Services We Provide
Advising on student aid
Scholarships
Grants
Student Employment
Federal, State, Institutional
& Alternative Loans
Short-term Loans
Money Management
24/7 access to financial aid
information
Veteran Services
Applying for Financial Aid
Free Application for Federal Student Aid (FAFSA)
Information provided is used to calculate the Expected Family Contribution (EFC)
Must be completed annually
fafsa.ed.gov
Texas A&M School Code: 003632
Extenuating Circumstances
Adjusting the Expected Family Contribution
Loss of employment or reduction of
income
Death or illness
Medical or dental expenses not covered
by insurance
Adjusting Cost of Attendance
Based on averages, may adjust to
actual costs with documentation
Other circumstances that result in a
change in financial status
Contact our office for more information.
howdy.tamu.edu
My Finances
Check the status of your aid
Obtain and complete forms
Accept or reject and
process aid
Calculate your loan
payments
What Might I be Awarded?
Awards are effected by EFC as well as other educational resources including
fellowships and scholarships
Direct Unsubsidized Stafford Loans annual maximum of $20,500
Direct Graduate PLUS Loan
Graduate Texas Public Education Grant
Texas Aggie Graduate Grant (TAGG). Apply for TAGG via
financialaid.tamu.edu under “Forms”
Release of Funds
Financial aid can apply to the billing statement no
sooner than 10 days before the first class day each
semester, dependent upon your
enrollment/registration.
Financial Aid Delays
Incomplete file
Loan Entrance Counseling not complete
Loan Master Promissory Note not complete
Not enrolled in enough hours at Texas A&M
Half-time = 5 hours
Full-time = 9 hours
Scholarship funds not received from donor
Short-term Loans
Do not need a FAFSA to apply
8% simple interest
1-12 month repayment period
$1000 - $1500 maximum
Emergency Tuition and Fees loan also available
5% simple interest
90 days repayment (fall/spring)
Apply online at financialaid.tamu.edu
Maintaining Eligibility
Satisfactory Academic Progress (SAP)
Policy and appeal process at financialaid.tamu.edu
General Requirements:
Must successfully complete 67% of all courses attempted at A&M
Cumulative GPR of 3.0
Cannot exceed 150% of minimum hours required for admitted degree program
Looking Ahead
2015-2016
Apply for scholarships
Renew your FAFSA
Check your status online and fulfill all
requirements
Continuing Student Scholarships
Apply at scholarships.tamu.edu
Opens in October
Deadline is February 1 each year
Make sure to check with your college or department
Useful Websites
financialaid.tamu.edu
Information on aid programs
scholarships.tamu.edu
Learn more about University
and outside opportunities
jobsforaggies.tamu.edu
Apply for on- and off-campus
part-time jobs and register
for professional development
workshops
Five Tips to Remember
It is not too late to apply
Apply every year
Check status online and A&M
email often
Be aware of deadlines
Interest rates on student loans
is lower than that of credit
cards
Contact Us
Scholarships & Financial Aid Texas
A&M University
Second Floor, The Pavilion
P.O. Box 30016
College Station, TX 77842-3016
(979) 845-3236
Email: [email protected]
Web: financialaid.tamu.edu
Counselors of the Day available from
8:00 a.m. to 5:00 p.m., Monday
through Friday
FAFSA School Code: 003632