College Work Study. Scholarships and Other Aid. If I am required to repay Federal Pell funds due to a decrease in enrollment, can I still receive other types of aid?
Can I receive Federal Pell funds for an unlimited number of semesters? How will my total Federal Pell Grant for the year be issued? Reasons that may be considered include but are not limited to:. Appeal documents must include a narrative explaining your situation, proof of illness, or other reasons that impeded academic performance. Other supporting documentation may be requested at the discretion of the financial aid advisor or administrator reviewing your appeal.
For information about Texas B-On-Time loan forgiveness requirements, please visit hhloans. Forgiven Texas B-On-Time loans must be reported to the IRS as taxable income in the applicable tax year the loan is deemed to be forgiven. The amount of federal aid for which a student is eligible regardless of whether actually accepted must be deducted from the cost of attendance in determining the CAL loan amount. For more information regarding College Access Loans or to apply, please visit hhloans.
Alternative private loans are administered and processed by private lending institutions to be used for educational costs after exhausting potentially more favorable federal and state financial aid options first.
Visit FastChoice to search for an Alternate Loan. Alternative Loans take longer to process than federal loans due to the multiple disclosure statements and right-to-cancel period required by federal lending laws. Please read carefully to understand the process. Ask your lender questions, you are responsible for knowing what type of loan you are applying for and what the terms of the loan agreement as well as the repayment process. Federal student loans subsidized or unsubsidized can often have lower interest rates than alternative loans.
Be sure to know all the possible interest rates available so that you are getting the best deal for you! Alternative loan interest rates are based on credit history and may require a cosigner for students with limited credit history. Federal student loans and alternative loans will have different repayment options. Learn about the differences so that you can choose which one will work best for you. In This Section. Recipients must be making Satisfactory Academic Progress.
Students are limited to receive the equivalent of twelve semesters at full-time enrollment in Pell Grant Award eligibility varies based on Enrollment Status. Eligibility Award eligibility varies based on Enrollment Status. If you do not have a Cougarnet account, you can call us to make an appointment.
Please note: Certain grant award amounts may be adjusted based on actual enrollment as of the Official Reporting Day ORD on the 12th day of class. Students who meet the requirements for priority consideration must be awarded before any other IY eligible students. Are Texas residents, non-residents or foreign students; Show financial need; and Register for Selective Service or be exempt from this requirement.
FYI: Each institution may set its own priorities in making awards to undergraduate or graduate students; to full-time or part-time students. Check with your institution to find out these requirements. Only in-state Texas colleges or universities may participate in the program. Only public colleges or universities participate in the program no private, non-profit or career colleges or universities.
Each institution might set its own maximum award amounts.
0コメント