Financial Aid Overview


Eligibility

To receive federal, state, or institutional funds you must:

  • be enrolled in an eligible degree-seeking or certificate program at least half-time (six credit hours)
  • be a U.S. citizen or eligible non-citizen
  • have a valid Social Security Number
  • be registered with Selective Service (if required)
  • be in good academic standing and maintain satisfactory academic progress (SAP) toward completion of a degree or certificate
  • not owe a refund on a Federal grant or be in Default on a Federal educational loan
  • demonstrate a financial need, except for some loan programs

Parent income will be required unless the student meets one of the following criteria:

  • will be 24 years old before January 1
  • is a graduate or professional student
  • is married as of the application date
  • Are currently serving on active duty in the U.S. Armed Forces for purposes other than training
  • Is a veteran of the U.S. Armed Forces
  • Have children who receive more than half of their support from the student
  • Have dependents (other than children or spouse) who receive more than half of their support from the student
  • At any time since you turned age 13, both parents deceased, in foster care or were a dependent or ward of the court.
  • is an emancipated minor as determined by a court.
  • were in legal guardianship as determined by a court.
  • were an unaccompanied youth who was homeless determined by your school or school district liaison, a director of an emergency shelter funded by the U.S. Department of Housing and Urban Development, or the director of runaway or homeless youth basic center/transitional living program.
  • has documented special circumstances

Cost of Attendance

Cost of Attendance is the estimated amount it will cost to attend Texas College for one academic year. The table listed below reflects the average cost for a full-time undergraduate student (12 - 18 credit hours per semester) for the 2017-2018 nine month academic year. 

PLEASE NOTE: The Cost of Attendance amounts listed below include estimated costs for books, travel expenses and miscellaneous expenses. Actual cost for tuition/fees and room/board are approximately $21,540.00 per year based on enrollment of 12 hours.

2017-2018

Academic Year Budget

 

On-Campus

Off-Campus

With Parents

Tuition/Fees

$9,108.00

$9,108.00

$9,108.00

Room/Board

$7,500.00

$7,200.00

$4,500.00

Books

$1,200.00

$1,200.00

$1,200.00

Travel

$2,000.00

$3,000.00

$3,000.00

Misc.

$1,700.00

$1,800.00

$1,100.00

Total Budget

$23,608.00

$24,408.00

$21,008.00

Click here for current 2017-2018 Tuition and Fees

Expected Family Contribution

Expected Family Contribution (EFC) and Financial Need

EXPECTED FAMILY CONTRIBUTION (EFC)
The U.S. Department of Education determines your EFC based on information you provide on the Free Application for Federal Student Aid or FAFSA. Parent and student resources are considered the first source of funds to finance an education. Parent income is not included in the EFC for students who meet the criteria to be considered an independent student.

Financial Need

Financial need is the difference between the cost of attendance (COA) and the EFC. Each institution determines its own COA, which includes average cost of tuition/fees, books, room and board, miscellaneous and travel expenses. For example: If your COA is $17,296, and your EFC is $2,000, the financial need would be $15,296.

Financial Aid will review your eligibility for need-based programs up to the amount of your financial need, and then review your eligibility for aid programs that are not based on need up to the amount of your COA. Although you may have eligibility for need-based aid ($15,296 in the example), it is not a guarantee that you will receive the full amount due to grant and loan maximums and funding availability.