Financial Aid consist of funds intended to help students pay for expenses associated with pursing a college education. What are some of those expenses? What is Financial Aid?

Types of Financial Aid Grants Grants : Money that does not have to be repaid Pell Grant Federal Supplemental Educational Opportunity Grant Federal Texas Grant* Texas Educational Opportunity Grant Texas Public Education Grant State Note: Beginning with the award year, State regulations mandate that Texas Grant will only be awarded to renewal students. A renewal students is one who has been awarded this this grant prior to Fall 2014.

Work-study Work-study : Money that is earned Types of Financial Aid Flexible Work Schedule Work On or Off Campus Earn Your Money Part- time Job

Loans Loans : Money that must be repaid Types of Financial Aid For undergraduate and graduate students; must be repaid to school that offered loan Federal Perkins Loan Government pays for interest accrued Direct Subsidized Student pays for all interest accrued Direct Unsubsidized For parents of undergraduate students Direct PLUS Credit-based loans College Access Loan/Sally Mae

Scholarships Types of Financial Aid Looks at grades, test scores, community service activities, etc. Merit Based Looks at financial need Need Based Offered directly by a college/university Institutional Offered by businesses, companies, private organizations, etc. Private

Third Party & State Exemptions Types of Financial Aid GI Bill/Hazlewood Veteran’s Educational Benefits Type of aid available to students with disabilities Department of Assistive and Rehabilitative Services (DARS) Program in conjunction with Workforce Solutions Workforce Investment Act (WIA) Local program to improve workforce in the Rio Grande Valley Valley Initiative for Development and Advancement (VIDA) Students that qualify for an exemption may be eligible to attend any public university in Texas without paying tuition (or fees) Exemptions

W HAT IS IT?  Application for Federal & State Grants, Work-study and Loans W HEN TO COMPLETE IT?  Around February W HERE TO COMPLETE IT?  W HY APPLY EARLY?  Applying early increase your chances of receiving additional aid FAFSA: Free Application for Federal Student Aid

1.PIN: Student & Parent’s Electronic Signature *Prior to Spring Student & Parents’ Personal Information: Name, Social Security Number, Date of Birth, etc. 3. Income/ Wage Information: Income Tax Return(s) & W-2(s) 4. Other Financial Information: Child Support, Workman’s Compensation, etc. WHAT DO I NEED TO APPLY?

Schools you listed on the application will create a Financial Aid Award Package: FALL SPRING Total Pell Grant $2888 $2887 $5775 Scholarship $500 $500$1000 Loan $1050 $1050$2100 TOTAL AID$8875 *The amounts exemplified above are not applicable to every student. Awards may vary from student to student. Example was created to demonstrate a financial aid package. What Happens After?

 Check your status  Visit your institution’s financial aid website  Compare college costs versus financial aid award  Decide where you want to go to college! After Applying

Students must satisfy 3 requirements Maintain Eligibility GoodWarningSuspension 1.Complete 67% of courses attempted 2.Maintain overall GPA at Graduate within the Maximum Time Frame MTF= Required hrs to graduate x 150% Students whose circumstance(s) impeded them from attending and/or passing their classes have the right to appeal their suspension with the Office of Student Financial Services.

$86,000 Professional Degree $80,000 Doctoral Degree $60,000 Master’s Degree $50,000 Bachelor’s Degree $40,000 Associate Degree $26,000 High School Diploma $19,000 No High School Diploma Retrieved from – 2010 Texas Median Wages by Degree Level Source US Census Bureau Community Survey 2010www.AIE.org Remember! Learn More, Earn More

Zachary Suarez South Texas College – Pecan Campus (956) Questions?

CONTACT US South Texas College- Pecan 3201 West Pecan Blvd Student Services Building K McAllen, Texas Phone: (956) South Texas College- Mid-Valley 400 North Border Student Services Building F 121 Weslaco, Texas Phone: (956) South Texas College- Technology 3700 West Military Hwy. W Building Student Services Area Room 176 McAllen, Texas Phone: (956) South Texas College- Starr 142 FM 3167 Student Services Building G Rio Grande City, Texas Phone: (956) Phone: (956) South Texas College- Nursing & Allied Health 1101 East Vermont Student Services Area Room McAllen Texas Phone: (956)