1. Financial Aid 101 Mary Lou Bledsoe Financial Aid Director
What?
What is Financial Aid and what is FAFSA?
Who?
Who can get Financial Aid?
How?
How do I apply for Financial Aid?
When?
When are deadlines and what happens next?
Where?
Where can you get more info?
Financial Aid Director
Tarrant County College – Northeast Campus

2. What is Financial Aid?
Financial aid is money provided by the federal and/or state government, institutions and
other sources to help students pay for college
This can consist of different programs
Grants
Loans
Scholarships
Work-Study Programs

3. Free Application for Federal Student Aid
What is FAFSA?
Free Application for Federal Student Aid
The FAFSA is the form students and families complete annually to apply for federal financial aid (e.g., Pell Grant, federal loans, work-study).
Applicants submit information about their income, assets, and household makeup, which is used to calculate federal financial aid eligibility.

4. WHO gets federal student aid
Every student who meets certain eligibility requirements can get some type of federal student aid, regardless of age or family income.
Basic General Eligibility Requirements are:
Have a H.S. Diploma or GED
U.S. Citizen or Eligible Non-Citizen
Register for Selective Service (Male Students)
Maintain Satisfactory Academic Progress
Enroll for an eligible degree or certificate program
Enroll at least 6 hours for most programs

5. How do I Apply? Changes to the FAFSA Starting in Fall 2017
Every Financial Aid Program
begins with the FAFSA
Create an FSA ID:
Student, parent and borrowers should create FSA ID at:
FSA ID is used to confirm identity and electronically sign your federal aid documents.
Complete the FAFSA at:
Do not pay to process this free application
Changes to the FAFSA
Starting in Fall 2017
Students will be able to file FAFSA or “Early FAFSA” beginning Oct. 1 – a full three months earlier than previously allowed.
For the first time, applicants will use prior-prior year tax information when reporting personal and family income (previously, prior year tax information was used).
For 2017 – 2018
Available October 1, 2016

6. Early FAFSA Changes Change #1: Earlier FAFSA Launch
FAFSA available Oct. 1, 2016, at fafsa.gov
Change to October 1 will be permanent
Change #2: Earlier Income Required
Only 2015 tax/income information required
IRS Data Retrieval Tool available immediately

7. Whom Do the FAFSA Changes Affect? What Do I Need to Do Differently?
Students applying for federal student aid for the academic year will be the first to file FAFSA on the new timeline and to use prior-prior year tax data.
The Class of 2017 will be the first high school cohort affected.
All returning college students will also follow the new procedures.
To make sure you are considered for federal student aid:
Complete the FAFSA using 2015 tax information.
File your FAFSA as soon as possible. The form will be available October 1.

8. Application Process Looking for Instructions Need Help?
Read the Help and Hints
on the right side of the
screen
Available for every
question
Need Help?
Click on the
button at the bottom of the
page

9. IRS Data Retrieval Tool
Links your processed Tax Return to FAFSA
Faster processing of your financial aid
Participation is voluntary
Reduces documents requested by financial aid

10. IRS Data Retrieval Tool
Be sure to provide the EXACT information as shown on your tax return

11. IRS Data Retrieval Tool
After you’ve been allowed into the IRS website, you’ll see the option for your tax information to be transferred
You just click at the bottom of the page to ‘Transfer My Tax Information into the FAFSA’
A confirmation will follow

12. When are the Deadlines? You may file your FAFSA at anytime, BUT
Institutions will publish a Priority Deadline.
Will deadlines be earlier due to early FAFSA?
We expect that most state and school deadlines will remain approximately the same as in 2016–17.
However, several states that offer first come, first served financial aid will change their deadlines from “as soon as possible after January 1” to “as soon as possible after October 1.” So, as always, it’s important that students check their state and school deadlines so that they don’t miss out on any aid.
State deadlines: visit fafsa.gov
School deadlines: see schools’ websites

13. Senate Bill 1528 Students Undocumented Students
Eligible for State Grant Programs Only
Different Application Process
Complete Paper TASFA or FAFSA
Depending on the institution
Submit to Financial Aid Office
Include all required documents
Submit copy of Affidavit that was admitted as Senate Bill 1528
Receive this documentation from the Registrar’s Office

14. How the Aid is calculated…
The Financial Aid Office uses the following to determine students financial need:
Cost of Attendance (COA) and Expected Family Contribution (EFC)
COA-EFC = financial need
COA: is determined by the school
EFC :is figured by the federal processor from the information provided on the FAFSA.

15. Examples of Cost vs. EFC TCC TCU Dependent Student living at home
Total Need
TCU
Undergraduate Student
living in dorm
Cost $52050
EFC
Total Need

16. Financial Aid Programs
Gift Aid:
Funds that do not have to be repaid
Federal Pell Grant (EFC )
Federal SEOG (EFC )
Other (TPEG, TEOG, Book Scholarship, Book Cards)
Stars of Tomorrow (TCC Only)
T-STEM Challenge Scholarship Program
Scholarships
State Grants

17. Up to $4,000 over a maximum of six semesters.
Stars of Tomorrow
Up to $4,000 over a maximum of six semesters.
12+ semester hours, $800
9-11 Semester hours, $600
6-8 semester hours, $400
To qualify for the Stars of Tomorrow program, students are required to:
Apply for Admission at TCCD
Apply for Free Application for Student Aid
Meet Stars of Tomorrow program requirements
Be a resident of Tarrant County for tuition purposes
Have graduated and attended school within one year of graduation
Graduate Recommended in the top 50 percent of any public or private high school or Distinguished or be exempt from Texas Success Initiative (TSI).
Eligibility for home-schooled students who reside in Tarrant County and graduates of high schools who do not have a class rank system is based on TSI exemption through approved tests.
Meet the following family income thresholds (as reported on the FAFSA)
Submit the Financial Aid and Foundation Scholarship application
No. in Household 1 2 3 4 5 6 7 8
Family Income
$38,000
$67,000
$72,000
$77,000
$82,000
$87,000
$92,000
$97,000

18. T-STEM Challenge Scholarship Program TEXAS- Science Technology Engineering Math Merit-based award
Meet these requirements
• Be a declared major in a STEM instructional program
• Submit a scholarship application at
• Submit an official high school or GED transcript to any TCC Registrar’s office
• Have a minimum GPA of 3.0 in high school math and science courses
• Agree to complete 30 hours in (Fall, Spring, Summer)
• Complete 80% of coursework per semester
• Men between the ages of 18 and 25 must be registered with the Selective Service System
Amount
• $2,500 per academic year ($1,250 per Fall/Spring)
Deadline
• Selection begins August 1, 2017
Contact Student Financial Aid Services for more information at:
• Northeast Campus
• Northwest Campus
• South Campus
• Southeast Campus
• Trinity Campus

19. Financial Aid Programs Cont.
Self-Help:
Must be repaid or must work for funds
Federal and State College Work-study
Allows students to work on or off-campus
Federal Subsidized Stafford and Unsubsidized Loans
Subsidized loans have deferred interest while in school
Unsubsidized loans no deferred interest

20. Know Your Limits Pell Loans Repeated Classes Maximum Timeframe
12 Full-time Semesters
6 Years of Study
Loans
Aggregate Limits-$23,000 Subsidized
>150% timeframe, subsidy is lost
No Subsidized Loans for graduate students
Repeated Classes
ONLY pay once for previous passed classes (A, B, C, D)
Maximum Timeframe
99 Attempted Hours (Associates Degree)
48 Attempted Hours (Certificate Program)
150%

21. Satisfactory Academic Progress
All Students:
Must have a 67% completion rate of all hours attempted
Completed hours/Attempted hours
Must be at least 67%
Must have a cumulative GPA of 2.0
Maximum Timeframe a student is eligible for financial aid
Cannot exceed 150% of the published program length
Appeal process for students who do not meet standard depends on school’s policy
Effective July 1, 2011

22. Where to Get More Information
Contact Financial Aid
(817)
FED-AID
Website
tccd.edu
StudentAid.gov
Collegeforalltexans.com
Collegeboard.com
Fastweb.com
Social Media
Twitter.com/FAFSA
Facebook.com/FederalStudentAid
YouTube.com/FederalStudentAid