What is Financial Aid?
- Federal and State Grants – Free money!
- Federal & State Work-Study – employment opportunity
- Loans – money that must be repaid
- Scholarships – FREE money!
Basic Eligibility Requirements
- Demonstrate financial need
- U.S. citizen or an eligible noncitizen
- Valid Social Security number
- Males between 18-25 years of age must be registered with Selective Service,
- Must be enrolled as a regular student in an eligible degree or certificate program
- Must be enrolled at least half-time to be eligible for Direct Loan Program funds
- Have a high school diploma or recognized equivalent such as GED
- Must maintain satisfactory academic progress
How to Apply for FAFSA?
- Apply for an FSA ID first at https://fsaid.ed.gov. This will be used to sign the application online.
- Apply for FAFSA at https://studentaid.ed.gov/sa/fafsa – This is a free application. TSC Federal School Code is 030646.
- 2021-2022 – You will use 2019 income tax information
- 2022-2023 – You will use 2020 income tax information (available Oct 1, 2021)
- 2023-2024 – You will use 2021 income tax information (available Oct 1, 2022)
Tips for Completing FAFSA
- Apply early to meet scholarship requirements and to maximize your chances for additional awards.
- Answer all questions; do not leave any questions blank.
- Dependency status is determined by the Department of Education.
- Only use parent information on the FAFSA (biological, adoptive, or step-parent).
- If parent(s) do not have a social security number, you must still provide their information and list all zeroes for their social security number.
- If you have a special circumstance and cannot supply parent information, know that you will most likely be selected for a process called verification and be required to submit supporting documentation.
How to Apply for TASFA?
- TASFA application is for students who are not US citizens or legal residents.
- Applications are available on our website at https://www.tsc.edu/financial-aid/online-forms/
- TASFA becomes available on October 1st
- Application must be submitted to the financial aid office.
- Students must submit a TASFA every subsequent year while in college to be considered for state aid.
What’s Next After Submitting Your FAFSA or TASFA?
- Students must check their emails periodically. If selected for a process called Verification, our school is required to verify the validity of the data presented on the FAFSA application.
- Students will be notified via email of pending items or when they have been awarded. Remember, students are awarded based on enrollment:
Awards are Based on Enrollment
- 1-5 credits is less than half-time
- 6-8 credits is half-time
- 9-11 credits is ¾ time
- 12 or more credits is full-time
Refunds
- The Business Services office will apply funds towards tuition and fees. If money is left over, the student will get a refund via direct deposit.
- TSC has partnered with BankMobile to deliver your refund. It is important to choose a refund selection preference whether or not you expect a refund.
- Students may choose to have funds directly deposited to a personal bank account or can open an account with BankMobile. First-time students will receive the Refund Selection Kit in the mail after registration.
Federal Student Loans
- Subsidized Loan – government pays the interest while you are in school
- Unsubsidized Loan – interest will accumulate as soon as your loan is processed.
Remember, loans must be repaid. Failure to repay may result in bad credit, wage, and income garnishment and prohibits you from getting additional federal student aid.
TSC Scholarships
- Students are encouraged to apply for scholarships at TSC at www.tsc.edu/scholarships
- Students will log in with their TSC credentials once the admissions process is complete. Applications are available on October 1st.
Maintaining Financial Aid Eligibility
STUDY
- You must study hard and pass your classes to earn an overall GPA of 2.0
- Point Average: You must maintain a minimum cumulative GPA of 2.00. This includes grades earned for developmental, dual enrollment, and/or transfer coursework.
COMPLETE
- You must complete all courses that you register for and attempt to obtain a 67% completion rate on all your courses.
- Completion Rate: You must maintain a cumulative completion rate of 67% of the attempted coursework (including developmental, dual enrollment, and/or transfer hours accepted by TSC). This percentage is determined by dividing the number of hours completed by the total number of hours attempted. Attempted hours are the total number of hours completed plus hours of “W”, “I”, “F” (as well as repeated coursework).
FINISH
- You must finish your program of study within the maximum hours allowed by the Department of Education.
- Timeframe to Complete Academic Program: This measure limits the number of credit hours attempted for your undergraduate certificate or a degree. The max attempted hours are 150% of the credits required to complete your program of study. If you plan on changing the program of study, make sure that you complete it within the max hours allowable.
-
- To know the max hours for a specific program, get the total hours needed of the program of study and multiply it by 1.5. Example: AA.GEN hours needed are 60. Therefore, 60 X 1.5 = 90 hours. The Department of Education will allow you to receive financial aid for a maximum of 90 hours towards the Associate degree in General Studies
Work-Study Program
- Pick up a Work-Study Application from the Financial Aid Office.
- Submit your Complete Work-Study Application, Resume, and your three References (only name and phone numbers) to the Financial Aid Office.
Veterans Success Center
- Veterans Resource Center Lab
- Veteran Affairs Education Benefits
- Referrals to Community Resources
- Veteran Affairs Work-Study Program
(956) 295-3682
Veterans@tsc.edu
Financial Aid Contact Information
Location: Oliveira Student Services Center
Telephone: 956-295-3620
Fax: 956-295-3621
Email: financialaid@tsc.edu
Webpage: www.tsc.edu/financialaid