2018 TASFAA ABC Workshop State Financial Aid Student Financial Aid Programs October 3, 2018 TASFAA 2018 ABC Workshop

FAFSA vs. TASFA & State Priority Deadline Types of State Financial Aid Programs Grants and Work-Study Loan Programs Exemption/Waiver Programs Resources TASFAA 2018 ABC Workshop

for State Financial Aid (TASFA) Applying for State Aid Free Application for Federal Student Aid – FAFSA Students who can apply are: U.S. Citizens Permanent U.S. residents Eligible noncitizens The FAFSA application can be found at: www.fafsa.ed.gov Texas Application for State Financial Aid – TASFA Those classified as Texas residents who are not eligible to complete the FASFA  The TASFA and instructions can be found on the College For All Texans website at: www.collegeforalltexans.com   Texas Application for State Financial Aid (TASFA) TASFAA 2018 ABC Workshop

New State Priority Deadline Beginning 2019-20 the state priority deadline date changed from March 15 to January 15 Institutions define what it means to meet the priority deadline State Financial Aid Priority Deadline January 15th TASFAA 2018 ABC Workshop

Exemptions and Waivers Grants Work-Study Exemptions and Waivers Educational Loans Types of Financial Aid TASFAA 2018 ABC Workshop

State Grant Programs TEOG TEG Texas Educational Opportunity Grant Tuition Equalization Grant Texas Educational Opportunity Grant Toward EXcellence, Access and Success Toward EXcellence, Access and Success Grant TEOG TEXAS Grant TEG TASFAA 2018 ABC Workshop

Texas Educational Opportunity Grant (TEOG) TEOG has played a vital role in helping students earn associate degrees and certificates. TASFAA 2018 ABC Workshop

TEOG – Initial Year (IY) Eligibility Student is classified by the institution as a Texas resident Student is registered with Selective Service, or exempt Student has a 9-month EFC of no more than $5,609 Student is enrolled at least 1/2 time Student is enrolled in the first 30 SCH* or equivalent *excluding dual enrollment or credits earned by examination Student has not been convicted of a felony or crime involving a controlled substance NOTE: Additional requirements may apply so please refer to the program rules and guidelines to ensure compliance. TASFAA 2018 ABC Workshop

TEOG – Renewal Year (RY) Eligibility End of 1st year – Institutional SAP Policy End of subsequent years – Program SAP: 2.5 cumulative GPA and 75% completion rate Renewal Eligibility Student earns an associate degree Student attempts 75 SCHs 8 consecutive semesters from the first award Discontinuation of Eligibility NOTE: Additional requirements may apply so please refer to the program rules and guidelines to ensure compliance. TASFAA 2018 ABC Workshop

TEOG 2018-19 Award Maximums $5,862 Institution Type Award Max/Yr Award Max/Sem Public State Colleges  $5,862 $2,931 Public Technical Institutes $5,590 $2,795 Public Community Colleges $3,150 $1,575 NOTE: Award amounts are prorated based on the number of hours enrolled as of census date. TASFAA 2018 ABC Workshop

Toward EXcellence, Access, and Success (TEXAS) Grant TEXAS Grant has played a vital role in helping students earn baccalaureate degrees. TASFAA 2018 ABC Workshop

TEXAS Grant – Initial Year (IY) Eligibility Student is classified by the institution as a Texas resident Student is registered with Selective Service, or exempt Student has a 9-month EFC of no more than $5,609 Student is enrolled at least 3/4 time Student is enrolled in the first 30 SCHs* or equivalent *excluding dual enrollment or credits earned by examination Student has not been convicted of a felony or crime involving a controlled substance NOTE: Additional requirements may apply so please refer to the program rules and guidelines to ensure compliance. TASFAA 2018 ABC Workshop

TEXAS Grant – Initial Year (IY) Pathways High School Graduate Enroll within 16 months of graduating from an accredited public or private high school in Texas Associate Degree Transfer Enroll in an eligible institution within 12 months of earning an associate degree in Texas TEOG Transfer TEOG recipient transferring with a 2.5 GPA and completion of 24 SCHs Military Service Enroll within 12 months of being honorably discharged from military service TASFAA 2018 ABC Workshop

TEXAS Grant Priority Model Consideration PRIORITY AREAS REQUIREMENT(S) Advanced Academic Program 12 hours of college credit (dual credit or AP) Complete the Recommended or Advanced High School Program or its equivalent Complete the International Baccalaureate (IB) Program TSI Readiness Meet the Texas Success Initiatives (TSI) assessment thresholds or qualify for an exemption Class Standing Graduate in the top 1/3 of the HS graduating class Graduate with a GPA of at least 3.0 on a 4-point scale or the equivalent Advanced Math Complete at least one math course beyond Algebra II Complete at least one advanced career and technical course, as permitted by the Texas Education Code To receive priority consideration for an IY award, an eligible student must meet the state priority deadline and at least one high school graduation requirement in at least two of the Priority Areas. TASFAA 2018 ABC Workshop

TEXAS Grant – Renewal Year (RY) Eligibility End of 1st year – Institutional SAP Policy End of subsequent years – Program SAP: 2.5 cumulative GPA and complete 24 SCHs Renewal Eligibility Student earns a baccalaureate degree Student attempts 150 SCHs 10 consecutive semesters from the first award Discontinuation of Eligibility NOTE: Additional requirements may apply so please refer to the program rules and guidelines to ensure compliance. TASFAA 2018 ABC Workshop

TEXAS Grant 2018-19 Award Amounts Institution Type Award Max/Yr Award Max/Sem Target Awd/Yr Target Awd/Sem Public Universities and Health-Related Institutions  $9,348  $4,674  $5,000 $2,500 Public State Colleges Renewal only $5,862 $2,931 Public Technical Institutes Renewal only $5,590 $2,795 $1,250 Public Community Colleges $3,150 $1,575 $1,325 $663 TASFAA 2018 ABC Workshop

Tuition Equalization Grant (TEG) TEG is only offered at private/independent institutions of higher education and can be awarded to both graduate and undergraduate students. TASFAA 2018 ABC Workshop

TEG – Initial Year (IY) Eligibility Student is classified by the institution as a Texas resident Student is registered with Selective Service, or exempt Student has financial need Student is enrolled at least 3/4 time in a degree plan leading to a first associate, baccalaureate, master’s, or doctoral degree Student is not concurrently receiving an athletic scholarship Student is not enrolled in a degree plan that is intended to lead to religious ministry NOTE: Additional requirements may apply so please refer to the program rules and guidelines to ensure compliance. TASFAA 2018 ABC Workshop

TEG 2018-19 Award Maximums Undergraduate / Graduate students $3,364 Undergraduate students with exceptional need $5,046 Undergraduate students with exceptional need (defined as a student with an EFC less than or equal to $1,000) may receive up to 150% of the basic award ($3,364 x 150% = $5,046), not to exceed the student’s need or tuition differential. TASFAA 2018 ABC Workshop

Texas College Work-Study Program (TCWS) TCWS provides eligible Texas students employment as a means to fund their education at public and private/independent institutions. TASFAA 2018 ABC Workshop

TCWS Eligibility Requirements Student is classified by the institution as a Texas resident Student is registered with Selective Service, or exempt Student has financial need Student is enrolled at least 1/2 time in program leading to a degree or certification Student is not concurrently receiving an athletic scholarship Student is not enrolled in a degree plan leading to ordination or licensure to preach NOTE: Additional requirements may apply so please refer to the program rules and guidelines to ensure compliance. TASFAA 2018 ABC Workshop

State Loan Programs Since 1965, THECB has provided low-interest loans to students who are Texas residents and are eligible to pay in-state tuition. TASFAA 2018 ABC Workshop

Toward EXcellence, Access and Success Grant State Loan Programs College Access Loan B-On-Time Loan Toward EXcellence, Access and Success Grant CAL BOT TASFAA 2018 ABC Workshop

College Access Loan (CAL) Program Student is classified by the institution as a Texas resident Student is registered with Selective Service, or exempt Student has financial need Student is enrolled at least 1/2 time, as determined by the institution Meet intuitional satisfactory academic progress (SAP) requirements Receive a favorable credit evaluation NOTE: Additional requirements may apply so please refer to the program rules and guidelines to ensure compliance. TASFAA 2018 ABC Workshop

College Access Loan (CAL) Program The CAL Program provides alternative loans to Texas students at public and private institutions. Currently, the CAL carries a fixed annual interest rate of 5.3% Borrowers and or co-borrowers, must have a minimum Experian VantageScore of 650 to receive credit approval Loan amount can not exceed COA TASFAA 2018 ABC Workshop

Texas B-On-Time (BOT) Loan Beginning with the 2015-16 academic year, the BOT program was limited to Renewal Year awards only. 2018-19 Award Maximums Institution Type Award Max/Yr Award Max/Sem Public Universities, HRIs and Private/Independent Institutions  $9,348  $4,674 Public State Colleges $5,862 $2,931 Public Technical Institutes $5,590 $2,795 Public Community Colleges $3,150 $1,575 TASFAA 2018 ABC Workshop

Exemption and Waiver Programs There are more than 50 exemption and waiver programs available to students. http://www.thecb.state.tx.us/reports/PDF/3451.PDF? TASFAA 2018 ABC Workshop

Helpful Facts about Exemptions and Waivers Most exemptions and waivers are not need-based aid Not all exemption and waivers are mandatory (some are optional) Exemptions allow special groups of students to pay a reduced amount of tuition and fees Waivers allow special groups of nonresidents to pay a reduced tuition rate Most exemption and waiver recipients must meet institutional SAP requirements to continue receiving the award TASFAA 2018 ABC Workshop

Institutional Toll Free Number How to “CONTACT US” Websites Program Guidelines Institutional Toll Free Number How to “CONTACT US” TASFAA 2018 ABC Workshop

THECB Websites CollegeforAllTexans.com HHLoans.com THECB.state.tx.us TASFAA 2018 ABC Workshop

College For All Texans Eligibility requirements for: Student Resource Eligibility requirements for: State Grants & Scholarships Loan Programs Exemption & Waiver Programs Texas College Work-Study Program TASFA & Instructions State Net Price Calculator TASFAA 2018 ABC Workshop

HHLoans Loan eligibility information Applications for state loans Student Resource Loan eligibility information Applications for state loans Loan repayment information www.HHLoans.com TASFAA 2018 ABC Workshop

Institutional Resource TASFAA 2018 ABC Workshop

SFAP Webpage TASFAA 2018 ABC Workshop

SFAP Webpage TASFAA 2018 ABC Workshop

SFAP Webpage TASFAA 2018 ABC Workshop

TASFAA Annual Conference – Nuts and Bolts SFAP Webpage TASFAA Annual Conference – Nuts and Bolts

SFAP Webpage TASFAA 2018 ABC Workshop

Financial Aid Services Institutional Toll-Free number For questions call: (844) 792-2640 TASFAA 2018 ABC Workshop

How to “Contact Us” Select "Financial Aid Question" option under Contact Reason, to ensure the inquires are routed to our department. Why use the “Contact Us” link? “Contact Us” is never closed or on vacation Inquiries can be tracked and documented TASFAA 2018 ABC Workshop

TASFAA 2018 ABC Workshop