1. Financial Aid By Tyler Junior College Office of Financial Aid

2. Preparing to Apply Social Security Numbers for Student & Parent(s)
Driver’s License Numbers (if applicable)
Student 2016 W-2s and Federal 1040 Income Tax Returns
Parent(s) 2016 W-2s Federal 1040 Income Tax Returns
TJC Priority Deadline to submit FAFSA: April 1st

3. Scams
CAUTION:
When
You
Google
FAFSA
Never Pay for
Financial Aid
Help!

4. Don’t Forget to…
Create an FSA ID

5. How to apply
Available
Oct 1st

6. Which FAFSA?
Attending Fall 2018, Spring 2019 &/or Summer – Complete FAFSA.
Be careful: FAFSA is still available.
New FAFSA must be completed each year.

8. What FAFSA asks Student Demographics
School Selections – Max 10 schools
Dependency Status
Parent Demographics
2016 Financial Information (both parent& student)
Sign FAFSA (both parents & student)

9. Help and Hints

10. High School Selection

11. College Selection

12. Transfer Your IRS Data IRS Data Retrieval Tool Parents & Students who
already filed their taxes
can transfer all income
information from 1040s
to the FAFSA.
Speeds up processing.
Students awarded faster.

13. Transfer Your IRS Data-Steps

14. Transfer Your IRS Data-Steps

15. Signing Your FAFSA

16. Finished! Now What?

17. Checking Status

18. Student Aid Report
Students receives Student Aid Report (SAR) by or mail.
Review SAR for errors
Fix any errors immediately
Errors create delays in processing at every school.

19. FAFSA & EFC
Expected Family Contribution (EFC) – Calculated by information entered on the FAFSA from the Federal Methodology established by Congress.
Used to determine eligibility for Need-Based Aid.
Definition of Need
Cost of Attendance (COA) minus EFC equals Financial Need
Cost of Attendance – tuition & fees, books, on- & off-campus room/board, transportation, personal items.

20. Calculating Need
Cost of Attendance(COA) - Expected Family Contribution(EFC) Financial Need Examples: $13,838 COA $13,838 COA - 1,000 EFC - 14,948 EFC $12,838 $0

21. Types of Financial Aid at Tyler Junior College

22. Grants Federal Grants State Grants – Limited Funds Pell Grant TPEG
Must Demonstrate Need
Enrollment Status
Maximum Award for $5920
State Grants – Limited Funds
TPEG
TEOG
Be a resident of Texas with less than 30 credit hours

23. Federal Direct Loans
Subsidized Direct Loans: Interest is paid while student is enrolled in school.
Need Based
Maximum Award for Dependent Freshman $3,500
Unsubsidized Direct Loans: Interest is not paid and accrues while student is enrolled.
Not Need Based
Maximum Award for Dependent Freshman $2,000

24. Costs of Borrowing Loans
Fixed Interest Rates:
Subsidized Loan– 4.45%
Unsubsidized Loan– 4.45%
Repayment
Six month grace period
Ten to twenty years to repayment plans
Deferment, Forbearance, and Financial Hardship plans available.

25. Parent PLUS Loans Parents apply online at www.studentloans.gov
Only biological, adoptive, or step-parents can apply.
Approval/denial is based on credit rating
Repayment begins within 60 days after last disbursement.
Fixed interest rate: 7.00%

26. Workstudy Federal and State programs Must Demonstrate Need
Minimum wage
Maximum of 18 hours per week

27. Additional Processing at School
Student Portals from college website.
Require additional tasks beyond FAFSA application.

28. Remember DON’T Procrastinate! – Complete your FASFA early.
Know your Deadlines – April 1st.
Use your 2016 tax information

29. Visit our Apache Enrollment Center in WASC
GOT QUESTIONS?
Visit our Apache Enrollment Center in WASC
Jeremy Boyd, Enrollment Support Manager
Enrollment Support Specialists
Rosalinda Berver
Tresa Jones
Jasmine Merrick
Brianna Redic Erica Thurman
Contact our Apache Enrollment Call Center at
Enrollment Support Specialists Cheryl Mathis, Lead Specialists Sabrina Garcia
Kimberly Gilbert
Rebecca Grimaud Marsha Holmes
Glenna Tucker