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STUDENT FINANCIAL AID

STUDENT FINANCIAL AID. South Texas College Financial Aid. Sources of Aid at STC. Federal Aid Pell Grant SEOG: Supplemental Educational Opportunity Grant ACG: Academic Competitiveness Grant Work Study State TEXAS Grant: TX Excellence Academic TPEG: TX Public Educational Grant

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STUDENT FINANCIAL AID

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  1. STUDENT FINANCIAL AID South Texas College Financial Aid

  2. Sources of Aid at STC • Federal Aid • Pell Grant • SEOG: Supplemental Educational Opportunity Grant • ACG: Academic Competitiveness Grant • Work Study • State • TEXAS Grant: TX Excellence Academic • TPEG: TX Public Educational Grant • Early High School Graduation Scholarship • Third Party Sponsors • WIA, VIDA, TRC, etc.

  3. Where do you start? • Apply through the Free Application of Federal Student Aid (FAFSA) online • There are eligibility requirements that must be met • There is Financial Aid for students who do not have a social security number

  4. Applying for Financial Aid PINs • www.pin.ed.gov • used as an electronic signature • used for corrections on the Web • pins do not expire

  5. Applying for Financial Aid FAFSA on the Web • www.fafsa.ed.gov • faster and easier than any other method • submits information directly to CPS • helps students detect and correct any errors • reduces the number of rejected applications • gives estimated Expected Family Contribution (EFC).

  6. Applying for Financial Aid Applying Online • Bring copies of income tax returns, SS cards, W-2 forms, driver’s license, SS benefits, TANF, etc. • Read and follow directions to ensure accurate information is entered; errors will cause processing delays. • Save all records and other materials used in completing the application (FAFSA).

  7. After applying for Financial Aid you will either… • Receive an award letter in the mail OR • Receive a letter asking you to provide certain documents to our office • You can also find this information faster online at: http://jagnet.southtexascollege.edu/cp/home/loginf

  8. The rest of delays

  9. Financial Aid Satisfactory Academic Progress Policy • Students must maintain a 2.0 GPA • Student must complete 67% of the credits hours he attempts each semester ( Attempted hours within semester X 67%). • Student must graduate within Maximum Time Frame ( Required hours to graduate X 150%).

  10. What happens when you withdraw and are receiving Financial Aid? • You are earning your Financial Aid by attending your classes. • When you withdraw, sometimes you have to return funds you have not earned because you stopped attending.

  11. The Withdrawal Process • Official Withdrawals: Student begins the process at Admissions Office… Financial Aid will be reduced by percentage of attendance • Unofficial Withdrawals: Student just drops out…. Financial Aid will be reduced by 50%

  12. Other Issues • Undeclared Majors, 30 credit hour limit • 30 Credit hour Developmental Coursework Limit • Pell Grant Attendance • FA Forms Web Page: www.southtexascollege.edu/finaid/fa_forms.html • FAFSA on the web

  13. Bottom Line Apply for financial aid in FEBRUARY! • Earn good grades • Stay on track with your degree plan • Attend class • Do not withdraw from school during the semester • If you have financial aid questions, visit your financial aid office • Check out our website! • www.southtexascollege.edu/finaid/

  14. The Office of Financial Aid • McAllen Phone Number: 872-8375 • Mid-Valley Phone Number: 447-6603 • Starr County Phone Number: 488-5803 • Website: www.southtexascollege.edu/finaid/

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