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Types of Aid

Financial aid is federal, state, institutional and private fund(s) used to assist eligible students in funding their education. Financial aid can be a combination of scholarships, grants, loans and work study. Scholarships and grants are considered “free money” and require no repayment. Loans and work study are considered self-help aid because they require additional commitment from students. Most loans require repayment when a student becomes enrolled less than half time or graduates. Work study includes part-time employment either on or off campus with an employer who participates in the program.

Federal Pell Grants are awarded to undergraduate students who have not earned a bachelor's degree and who possess financial need as determined by the completion of the Free Application for Federal Student Aid (FAFSA). All students meeting eligibility requirements are offered the Federal Pell Grant.
Eligibility
  • You must have a qualifying Expected Family Contribution (EFC) as determined by the FAFSA.
  • Recipients must be making Satisfactory Academic Progress.
  • Students are limited to receive the equivalent of twelve semesters at full-time enrollment in Pell Grant
Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page
Helpful Links
Free Application for Federal Student Aid (FAFSA)
StudentAid.gov
The Texas Public Education Grant (TPEG) is a program administered by the State of Texas to provide assistance to students with financial need, seeking a first bachelor's degree, graduate degree or professional degree. This is a grant, and it does not have to be repaid. This fund does not require a separate application. It is awarded through the standard process based on the FAFSA/TASFA applications received.
Eligibility
Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page.
Helpful Links
College For All Texans
Free Application for Federal Student Aid (FAFSA)
The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program was created to financially assist students who are seeking degrees in high-need fields and who anticipate teaching in those fields at the secondary or elementary level.

If you choose to participate in this program, you must agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves low-income students. If you fail to meet the requirements of the service obligation, the TEACH Grant funds you received will convert to a Federal Direct Unsubsidized Loan. You will then be required to repay the loan to the U.S. Department of Education. You will also be charged interest from the date the grant was disbursed. You may review more information about the obligations at teachgrant.ed.gov.
Eligibility
  • You must complete the FAFSA.
  • You must be a U.S. citizen or eligible non-citizen.
  • You must be enrolled in a TEACH Grant eligible degree program, and you must enroll in coursework necessary to begin a career in teaching or plan to complete such coursework.
  • You must score above the 75th percentile on a college admissions test (SAT, ACT, or GRE) or maintain a cumulative GPA of at least a 3.25.
  • You must complete a TEACH Grant Agreement to Serve and TEACH Entrance Counseling.
Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page.
Current High-need subject areas
  • Bilingual Education and English Language Acquisition
  • Foreign Language
  • Mathematics
  • Reading Specialist
  • Science
  • Special Education
Other identified teacher shortage areas as of the time you begin teaching. Teacher subject shortage areas (not geographic areas) are listed in the U.S. Department of Education's Annual Teacher Shortage Area Nationwide Listing available at ed.gov. Schools serving low-income students include any elementary or secondary school that is listed in the U.S. Department of Education's Annual Directory of Designated Low-Income Schools for Teacher Cancellation Benefits. To access the directory, please go to tcli.ed.gov. If you feel that you qualify for the TEACH Grant, please send an inquiry email to Scholarships & Financial Aid from your TAMU email account and include your University Identification Number (UIN) so that we may review your eligibility.

Once a TEACH Grant has been disbursed, TEACH Grant recipients are serviced by FedLoan Servicing. For more information, please visit myfedloan.org/teach-grants/index.shtml?ref=mURL

For more information, please visit the TEACH Grant FAQs.
The Toward Excellence, Access & Success (TEXAS) grant was established in 1999 by the Texas Legislature to provide need-based financial assistance to Texas students. This program is subject to funding availability from the state of Texas. Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page.
Eligibility
  • You must be a Texas resident.
  • Register for Selective Service or must be exempt from this requirement.
  • You must have not been convicted of a felony or crime involving a controlled substance.
  • You must demonstrate exceptional financial need as determined by the FAFSA or TASFA.
  • You must be a graduate of an accredited high school in Texas.
  • You must have completed the Foundation Distinguished or Recommended high school curriculum. We encourage you to have a final high school transcript mailed directly to the Office of Admissions, P.O. Box 30014, College Station, TX 77842-3014, in order to expedite the verification of eligibility for this program.
  • You must enroll in a non-profit public college or university in Texas within 16 months of graduation from an accredited public or accredited private high school in Texas, and
  • You must not have accumulated more than 30 semester credit hours, excluding those earned for dual or concurrent courses or awarded through credit by examination (AP, IB or CLEP).
OR
  • Earned an Associate Degree from a public or private nonprofit institution of higher education in Texas and enroll in an eligible institution within 12 months after receiving the associate degree.
  • Received an Initial Year Texas Educational Opportunity Grant (TEOG) in Fall 2014 or later and transferred to an eligible institution with minimum 2.50 GPA, and having completed a least 24 semester credit hours.
OR
  • If you are transferring from another college or university and you previously received the TEXAS Grant, you may be eligible to continue receiving it at Texas A&M University (Health Science Center or Galveston).
  • If you are a student athlete, you must have NCAA compliance approval to be eligible for this program.
Renewal Requirements
At the end of the first year, you must meet Texas A&M University Scholarships & Financial Aid Satisfactory Academic Progress requirements (2.0 GPA and 75% completion) in order to be considered for a second year in the TEXAS Grant program. After completing the second year in the program, you are required to meet the following conditions at the end of every spring term:
  • You must have a cumulative GPA of at least 2.50.
  • You must complete 24 semester credit hours each academic fall, spring and summer, however, credits by exam/AP credits do not count toward completion.
Beginning with awards for the 2015-2016 academic year,  student eligibility for a TEXAS Grant ends once he or she has attempted 150 semester credit hours or the equivalent unless the student is granted a hardship extension.  For this purpose, "attempted hours" is defined as every course in every semester for which a student has been registered as of the official Census Date, including but not limited to, repeated courses and courses the student drops and from which the student withdraws. For transfer students, transfer hours and hours for optional internship and cooperative education courses are included if they are accepted by the receiving institution towards the student's current program of study.

If you do not meet the aforementioned requirements, you will lose eligibility for the program.
Proration based on enrolled hours
TEXAS Grant will be prorated based on hours enrolled at Texas A&M University (College Station, Galveston, or Health Science Center). The prorated amounts shall be calculated each semester using the following schedule:
  • If enrolled for 12 or more hours - 100% of award will be disbursed
  • If enrolled for 9-11 hours - 75% of award will be disbursed
  • If enrolled for 6-8 hours - No award, unless hardship appeal has been granted. If so, award will be prorated.
  • If enrolled for fewer than 6 hours - No award
Hardships or Other Proper Causes
Should you fail to meet the requirements for renewal, you may submit an appeal to the TEXAS Grant Program Coordinator to review your eligibility based upon extenuating circumstances. The request must be submitted in writing and must detail the reason behind request. Reasons that may be considered include:
  • A severe illness or other debilitating condition that affected academic performance;
  • An indication that you are responsible for the care of a sick, injured, or needy person and that your provision of care affected your academic performance; or
  • Other extraordinary circumstances that may have impacted your ability to meet renewal requirements.
A financial aid advisor or administrator will respond to your request through your Texas A&M email account. Additional supporting documentation may be requested. A copy of all correspondence will be placed in your financial aid file. Submitting an appeal does not guarantee any adjustments can or will be made.

For more information, access College For All Texans or call Scholarships & Financial Aid at (979) 845-3236.
The Federal Supplemental Educational Opportunity Grant (FSEOG) is available to undergraduate Federal Pell Grant recipients with high financial need. Preference is given to students who are attending on a full-time (12 credit hours) basis. This fund does not require a separate application. It is awarded through the standard process based on the FAFSA.
Eligibility
Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page.
Helpful Links
Free Application for Federal Student Aid (FAFSA)
StudentAid.gov
The Texas Public Education Grant (TPEG) is a program administered by the State of Texas to provide assistance to students with financial need, seeking a first bachelor's degree, graduate degree or professional degree. This is a grant, and it does not have to be repaid. The International Texas Public Education Grant is available for to international students only. The International TPEG is a grant program and funds do not have to be repaid.
Eligibility
Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page.
Applying
The International Student Financial Aid Application (ISFAA) is open for 2016-2017 school year, the priority date for the ISFAA was May 1, 2016 You may access the appropriate academic year International Student Financial Aid Application (ISFAA) from the Forms page. The 2017-2018 school year application will be available January 2017.
The Bureau of Indian Affairs Higher Education Grant is a federal grant program for Native American students.
Eligibility
  • You must be a member (or at least one-quarter degree Indian blood descendent of a member) of an American Indian tribe that is eligible for the special programs and services provided by the United States through the Bureau of Indian Affairs to Indians because of their status as Indians.
  • You must be accepted for admission to a nationally accredited institution of higher education that provides a course of study conferring the Associate of Arts or Bachelor's degree.
  • You must demonstrate financial need as determined by the financial aid officer of the post-secondary institution.
For more information visit http://www.bie.edu/ParentsStudents/Grants/index.htm.

The Direct Subsidized Loan is awarded on the basis of need. You will not be charged any interest prior to repayment or during any authorized periods of deferment. During deferment, the federal government pays the interest on the loan until the time of repayment. Payment is automatically deferred until the borrower is no longer enrolled on at least half-time basis. At the time the borrower is no longer enrolled half-time, a six month grace period begins prior to entering repayment.
Eligibility
  • You must have financial need as determined by the FAFSA.
  • You must be enrolled at least half-time at Texas A&M University.
  • You must maintain Satisfactory Academic Progress.
  • You may not exceed annual or lifetime aggregate loan limits. See Direct Loan Limits below.
  • You may not have received Direct Subsidized Loans for more than 150% of the length of your academic program. (Applicable to borrowers receiving first loan on or after July 1, 2013). See Direct Loan Limits below.
Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page.
Interest Rates
Loans disbursed on or after July 1, 2016 and before July 1, 2017
Scroll Table Left and Right
Loan Type Interest Rate
Formula
Interest Rate
for 2016-2017**
Subsidized Direct Loans T* plus 2.05% 3.76%
*T equals the 10 year T-Bill rate
**Fixed over life of loan
Loans disbursed on or after July 1, 2017 and before July 1, 2018
Scroll Table Left and Right
Loan Type Interest Rate
Formula
Interest Rate
for 2017-2018**
Subsidized Direct Loans T* plus 2.05% 4.45%
*T equals the 10 year T-Bill rate
**Fixed over life of loan
Origination Fees
Scroll Table Left and Right
Loan Type Origination Fees
On or after
October 1, 2015
On or after
October 1, 2016
Subsidized Direct Loans
(all students)
1.068% 1.069%
Other Important Direct Loan Information and Helpful Links
Please see the Direct Loan Limits and Direct Loan Counseling information below.
StudentAid.gov

For information on repaying your student loans, click here.
The Unsubsidized Direct Loan is not awarded on the basis of need. You are responsible for any accruing interest during in-school and deferment periods. Interest accruing during those periods may be paid or capitalized as agreed by the borrower and lender.

Payment is automatically deferred until the borrower is no longer enrolled on at least half-time basis. At the time the borrower is no longer enrolled half-time, a six month grace period begins prior to entering repayment. Interest on Direct Unsubsidized Loans continues to accrue during the grace period.
Eligibility
  • You must complete the Free Application for Student Financial Aid (FAFSA).
  • You must be enrolled at least half-time at Texas A&M University.
  • You must maintain Satisfactory Academic Progress.
  • You may not exceed annual or lifetime aggregate loan limits. See Direct Loan Limits below.
Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page.
Interest Rates
Loans disbursed on or after July 1, 2016 and before July 1, 2017
Scroll Table Left and Right
Loan Type Interest Rate
Formula
Interest Rate
for 2016-2017**
Unsubsidized Direct Loans T* plus 2.05% 3.76%
*T equals the 10 year T-Bill rate
**Fixed over life of loan
Loans disbursed on or after July 1, 2017 and before July 1, 2018
Scroll Table Left and Right
Loan Type Interest Rate
Formula
Interest Rate
for 2017-2018**
Unsubsidized Direct Loans T* plus 2.05% 4.45%
*T equals the 10 year T-Bill rate
**Fixed over life of loan
Origination Fees
Scroll Table Left and Right
Loan Type Origination Fees
On or after
October 1, 2015
On or after
October 1, 2016
Unsubsidized Direct Loans
(all students)
1.068% 1.069%
Other Important Direct Loan Information and Helpful Links
Please see the Direct Loan Limits and Direct Loan Counseling information below.
StudentAid.gov

For information on repaying your student loans, click here.
Annual and lifetime (total debt) limits for Direct Subsidized and Unsubsidized Loans are mandated by the U.S. Department of Education. The amounts include the outstanding principal balance on the loan(s) and not interest or other charges incurred.
 
Scroll Table Left and Right
Dependent Undergraduate Students
  Subsidized Loan Additional Unsubsidized
Freshman $3,500 $2,000
Sophomore $4,500 $2,000
Junior/Senior $5,500 $2,000
U0 Preparatory $2,625 $0
G6 Preparatory and
Teacher Certification Students
$5,500 $0
Maximum Total Debt $31,000 ($23,000 may be Subsidized)
 
Scroll Table Left and Right
Independent Undergraduate Students
  Subsidized Loan Additional Unsubsidized
Freshman $3,500 $6,000
Sophomore $4,500 $6,000
Junior/Senior $5,500 $7,000
U0 Preparatory $2,625 $6,000
G6 Preparatory and
Teacher Certification Students
$5,500 $7,000
Maximum Total Debt $57, 500 ($23,000 may be Subsidized)
*All “Maximum Total Debt” amounts (lifetime limits) include both DIRECT and FFELP subsidized and unsubsidized loans.

Effective for new Direct Loans for which the first disbursement is made on or after July 1, 2013, Direct Subsidized Loan eligibility is limited to a maximum of 150% of the student’s current academic program length.

  • Borrowers may receive Direct Subsidized Loans for no more than 150% of the length of the current academic program (ex: 6 years for a 4 year degree)
  • Once a borrower has received Direct Subsidized Loans for 150% of the length of their program, the borrower’s future Subsidized Loan eligibility will end.
  • A student who has received Direct Subsidized Loans for 150% of the length of their program and continues enrollment beyond that point will lose all subsidies on previously received Direct Subsidized Loans and would be required to pay all accumulated interest.
  • This policy is in addition to, and not in place of, the lifetime aggregate loan limits currently in place.
For information on repaying your student loans, click here.
Each student receiving a Subsidized or Unsubsidized Direct Loan for the first time at Texas A&M University must complete Loan Entrance Counseling. Upon ceasing to be enrolled on a half-time basis, Direct Loan borrowers must complete Loan Exit Counseling.
Entrance Counseling
Please visit the Howdy Portal. Then click the My Finances tab and enter the Financial Aid Portal. Select the current academic year.

Once you have accepted a Direct Loan there will be a link for Loan Entrance Counseling under the Status page. Follow the instructions to complete Loan Entrance Counseling at studentloans.gov.

Once you have accepted a Perkins Loan there will be a link for Perkins Entrance Counseling under the Status page. Follow the instructions to complete Perkins Entrance Counseling through the Financial Aid Portal.
Exit Counseling
Upon withdrawing, graduating, dropping below half-time, or simply not returning, you will be sent information on any of the following that apply to you:
  • Federal Direct Loans (Subsidized or Unsubsidized)
  • Federal Direct PLUS Loans
Online counseling can be completed at studentloans.gov.

For information on repaying your student loans, 
click here.
The Federal Direct Parent Loan (PLUS) is available to the parents of dependent, undergraduate students. The parent may only borrow up to the Cost of Attendance (excluding any other financial aid). All funds are received electronically and are posted to the student's billing account to pay university authorized tuition and fees. Completion of the Free Application for Federal Student Aid (FAFSA) is required.
Eligibility
  • The student must be attending at least half-time.
  • The student must be meeting Satisfactory Academic Progress.
  • The parent must have a good credit history.
  • The parent must not have defaulted on any previous student or parent loans.
  • The parent must be a U.S. citizen or an eligible noncitizen.
  • A FAFSA must be completed.
Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page.
Interest Rate
Loans disbursed on or after July 1, 2016 and before July 1, 2017
Scroll Table Left and Right
Loan Type Interest Rate
Formula
Interest Rate
for 2016-2017**
Parent PLUS Loans T* plus 4.6% 6.31%
*T equals the 10 year T-Bill rate
**Fixed over life of loan
Loans disbursed on or after July 1, 2017 and before July 1, 2018
Scroll Table Left and Right
Loan Type Interest Rate
Formula
Interest Rate
for 2017-2018**
Parent PLUS Loans T* plus 4.6% 7.00%
*T equals the 10 year T-Bill rate
**Fixed over life of loan
Origination Fees
Scroll Table Left and Right
Loan Type Origination Fees
On or after
October 1, 2015
On or after
October 1, 2016
Parent PLUS Loans
4.272% 4.276%
Repayment
  • Your Direct PLUS Loan enters repayment once your loan is fully disbursed (paid out).
  • Your Direct PLUS loan may be deferred until the student falls below half-time enrollment or graduates.
  • Standard repayment term is up to 10 years.
PLUS loans are the financial responsibility of the parents, not the student. If the student agrees to make payments on the PLUS loan but fails to make the payments on time, the parent(s) will be held responsible.
How to Apply
The 2017-2018 Federal Direct PLUS loan application on studentloans.gov will become available beginning April 15, 2017. 

Federal Direct PLUS loans are based on credit, therefore in order to apply:
  • Log onto the StudentLoans.gov website.
  • Sign in using your (the parent) FSA ID.
  • Click on "Request Direct Plus Loan".
  • Select Parent PLUS.
  • Follow through all steps of the application and submit.
If you are approved for the PLUS based on credit, please complete the Master Promissory Note (MPN) for the corresponding loan.

For information on repaying your student loans, 
click here.
The Federal Perkins Loan is a low interest loan for both undergraduate and graduate students with financial need. The loan is funded by the federal government, but the school acts as the lender. All payments on the Perkins loan will be made to Texas A&M University.
Eligibility
  • You must have "need" as determined by the FAFSA.
  • You must be enrolled at least half-time at Texas A&M University.
  • You must maintain Satisfactory Academic Progress.
  • You may not exceed annual or lifetime aggregate loan limits.
Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page.
Interest Rate
Fixed rate of 5% - Interest will begin to accrue 9 months after you graduate or drop below half-time enrollment.
Loan Limits
  • Undergraduate Students
    • Annual Limits - $5,500
    • Lifetime Limits - $27,500
PLEASE NOTE: Effective December 18, 2015 the decision was made to wind down this program through the final provisions detailed within the updated Extension Act. New qualifying undergraduate borrowers can be awarded through September 30, 2017 with the possibility of a Spring 2018 disbursement. In addition, those who are awarded Perkins and have been previous borrowers will be considered new borrowers to in order to remain compliant with the Department of Education regulations.

For information on repaying your student loans, 
click here.
The Texas B-On-Time Loan is a no-interest loan for eligible Texas students. This loan carries the added benefit that, if the borrower meets specified goals, the entire loan amount can be forgiven upon graduation. This loan is funded by the State of Texas, with repayment made to the Texas Higher Education Coordinating Board Hinson Hazelwood program.

Award eligibility varies based on Enrollment Status. For details, please visit the Award Proration information page.
Renewal Eligibility
To maintain eligibility for future disbursements, the student must:
  • Be a Texas resident or be entitled to pay resident tuition rates as a dependent child of a member of the U.S. armed forces; and
  • Not have been granted a baccalaureate degree;
  • Be enrolled full time in an undergraduate degree program at an eligible institution;
  • Have completed a Free Application for Federal Student Aid (FAFSA) and be eligible to receive federal financial aid;
  • Complete at least 75% of the semester credit hours attempted in the most recent academic year and have a cumulative GPA of at least a 2.5 on a 4.0 scale (or the equivalent) on all course work previously attempted at institutions of higher education;
  • Not receive B-On-Time loans for more than 150 hours.
For more information about your eligibility for the loan, please visit hhloans.com.
Enrollment Less than Full Time
Graduating Seniors
To receive the Texas B-On-Time loan at less than full time enrollment, you must meet the following criteria:
  • You must be planning to graduate in the current semester.
  • You must have a diploma fee listed on your billing statement. The diploma fee will be posted after you have applied for graduation. Please visit graduation.tamu.edu and follow the steps to apply for graduation.
  • You must be enrolled in at least 6 hours.
If you meet the above criteria you are eligible to receive a prorated amount of your Texas B-On-Time loan in the semester you are graduating. Your loan will be prorated based on the following guidelines*:
 
Scroll Table Left and Right
Texas B-On-Time Loan Proration
12 or more hours 100% of semester award
9-11 hours 75% of semester award
6-8 hours 50% of semester award
Less than 6 hours No award, not eligible
* You will only be eligible to receive the loan for hours in which you are enrolled at the time the funds disburse to your bill. For example, if you enroll in 12 hours at the beginning of the semester, then drop to 9 hours at the time the loan disburses, you will only be eligible to receive the prorated amount for 9 hours. Please take this into consideration if you drop classes during the semester.

If you are not graduating this semester, you are not eligible for Texas B-On-Time loan proration and you must enroll in 12 hours to receive funds from this loan.
Hardships
In the event of a hardship, Scholarships & Financial Aid may allow an otherwise eligible person to receive the Texas B-On-Time loan while enrolled less than full time. The request must be submitted in writing and must explain the reason for the request. Reasons that may be considered include, but are not limited to:
  • A showing of a severe illness or other debilitating condition that may affect academic performance.
  • An indication that you are responsible for the care of a sick, injured, or needy person and that your provision of care may affect academic performance.
Appeal documents must include a narrative explaining your situation, proof of illness, or other reasons that impeded academic performance. Other supporting documentation may be requested at the discretion of the financial aid advisor or administrator reviewing your appeal.

A financial aid advisor or administrator will respond to the request through your official Texas A&M University email account. A copy of all correspondence will be placed in your financial aid file. Submitting an appeal does not guarantee any adjustments can or will be made.
Forgiveness
For information about Texas B-On-Time loan forgiveness requirements, please visit hhloans.com.

Forgiven Texas B-On-Time loans must be reported to the IRS as taxable income in the applicable tax year the loan is deemed to be forgiven.

For information on repaying your student loans, 
click here.
The Short-term Loan Program is funded by the Texas A&M University Association of Former Students, the Texas A&M Class of 1926, University departments, as well as colleges and friends of Texas A&M University.

Short-term loan funds were established to provide assistance to students who experience temporary financial difficulty in connection with educational or educationally related expenses other than tuition and required fees.
Eligibility
  • You must be enrolled at least half-time.
    • Undergraduate Students – 6 hours for fall, spring and summer
    • Blinn Team Students – 3 hours for fall and spring
  • You must meet minimum GPA requirements.
    • Undergraduate Students - 1.5 minimum GPA
Interest Rate & Processing
  • 8%* simple interest per annum.
  • A $10 processing charge is assessed on each loan. This charge will be added to the amount of the loan requested.
* If the loan is not paid by the due date, additional late charges of 0.5% per month will accrue on the unpaid principal balance until paid in full.
Right to Cancel
As a result of the Truth in Lending Act (TILA) of 2009, Scholarships & Financial Aid must allow a three full business days Right to Cancel period after the signed promissory note is submitted before funds can be released to your student account. This will create a delay in your ability to receive Short-term loan funds. This requirement became effective February 14, 2010.

Please plan accordingly, knowing that Short-term Loan funds cannot be released for three business days after you have submitted a signed promissory note.
Repayment
These loans must be repaid with interest within a prescribed repayment period ranging from one to twelve months. If the loan is not paid in full by the due date, both transcripts and registration will be blocked until the account is paid in full. Past due loans are subject to collection fees, attorney fees, higher interest rates, as well as negative credit reports to national credit bureaus.

Information on where to repay your loan will be included on your promissory note.

If you have direct deposit (ACH) set up before applying for a short-term loan it will take 3-5 business days from the end of the Right to Cancel period for your money to be deposited to your bank account. You may authorize direct deposit of financial aid refunds through the Howdy Portal at howdy.tamu.edu, click on the My Finances tab. You may contact Student Business Services via phone at 979-847-3337 for questions about your Short Term Loan repayment.
Applying
The application for Short-term loans is available online at sfaid.tamu.edu/stlapp.

Note: Once approved for a loan students will be instructed via email to sign a promissory note before funds can be released. Instructions will be sent to the student’s official Texas A&M University email.

For more information, view Short-term Loans FAQs and Short-term Loans Acceptable Expenses.
For information on repaying your student loans, 
click here.
The Emergency Tuition and Fees Loan (ETFL) is available to help you pay your Texas A&M University tuition and required fees. This loan will be applied directly to your tuition and fee account within six days after the Master Promissory Note has been signed and submitted to the Office of Scholarships & Financial Aid. If you have signed a Master Promissory Note for an Emergency Tuition and Fees loan from a prior semester, you do not have to sign another promissory note.

An email will be sent to you after the loan has been approved and will alert you if you need to work with our office to sign a promissory note.

Depending upon timing, your financial aid refund may be applied toward your ETFL, but this is not always the case. It is your responsibility to use any refunds issued to you to repay an outstanding ETFL and to ensure your outstanding ETFL balance is at zero by the loan due date.
Eligibility
  • You must be enrolled in at least 1 hour at Texas A&M University.
  • You must have an active Neo email Account.
  • You must be clear of all financial blocks with Texas A&M University.
  • You must meet minimum GPA requirements.
    • Undergraduate Students – 1.5 minimum GPA
Interest Rate & Processing
  • 5% simple interest rate
  • A $10 processing fee is assessed on each loan. This charge will be added to the amount of the loan you are approved to receive.
Repayment
Repayment terms are contingent upon the semester in which the loan is requested. All payments will be due on the 15th day of the month.
  • Fall/Spring loans are due approximately 90 days after the loan is applied to your student billing account.
  • Summer loans are due approximately 30 days after the loan is applied to your student billing account.
If the loan is not paid in full by the due date, both transcripts and registration will be blocked until the account balance is paid in full. You may authorize direct deposit of short-term loan funds and financial aid refunds through the Howdy Portal at howdy.tamu.edu, click on the My Finances tab. You may contact Student Business Services via telephone at 979-847-3337 for questions about your short-term loan repayment.
Applying
Apply online at sfaid.tamu.edu/stlapp.

Note: Once approved for a loan students will be instructed via email to sign a promissory note before funds can be released. Instructions will be sent to the student’s official Texas A&M University email address. Students who are eligible will be directed to DocuSign for identity authentication, to electronically sign the promissory note, and to obtain a disclosure notice with additional information on the loan the student has been approved to receive. Students who are not eligible to authenticate using an electronic signature will be sent instructions on completing the promissory note with a wet signature.

For more information, please visit Emergency Tuition & Fees Loan FAQs.
For information on repaying your student loans, 
click here.

Scholarships are a great source of funding for higher education. We encourage you to apply with many organizations and scholarship providers in addition to the Texas A&M scholarships. Please visit scholarships.tamu.edu for more information.
College Station students:

The Student Employment Office is designed to help students pursue their educational goals by providing employment resources and professional development opportunities. Additionally, the Student Employment Office provides the human resources function for students and employers of students at Texas A&M University. College Station students can visit jobsforaggies.tamu.edu for more information.

Galveston students:


The Human Resource Office assists Galveston students with employment opportunities. Information can be found here.
Texas A&M University has expanded its commitment to low and middle income students through the Aggie Assurance program. The Aggie Assurance aids students with family income below $60,000 by pledging to provide enough scholarships and grants to pay tuition for all eligible* students. The Aggie Assurance encourages Texans to pursue higher education at a flagship, research institution.

*This program is subject to funding availability.
Eligibility
  • You must be a Texas resident and eligible to pay resident tuition.
  • You must be an entering freshman or undergraduate transfer student beginning in the summer or fall 2008 semester or beyond. (current students who entered Texas A&M prior to the Summer 2008 semester are not eligible)
  • You must be a degree-seeking student (students who are seeking a second bachelor's degree or in a program in which they will receive a bachelor's and master's after completion of their program, and are classified as a master's student are not eligible for this program).
  • You (if you are an independent student) or your parent(s) (if you are a dependent student) must have an adjusted gross income of $60,000 or less.
  • You must be admitted and enrolled full-time at Texas A&M University-College Station.
  • You must have financial need as determined by the FAFSA or TASFA.
  • You must maintain a 2.5 GPA and meet Satisfactory Academic Progress requirements.
  • Your Free Application for Federal Student Aid (FAFSA) or Texas Application for State Financial Aid (TASFA), must be complete and received by Texas A&M University by our March 15 priority date prior to the fall semester.

What does Aggie Assurance cover?

Aggie Assurance covers tuition – state mandated, designated tuition, and differential tuition. In essence, this is a commitment by the University that those below $60,000 in income will always have grants and scholarships to meet the tuition costs. At this time, the program does not include fees.

Does this change the Regents’ Scholars program?

No, this program adds to the financial commitment the University is making to students requiring financial assistance to attend. The Regents' Scholars program will continue to provide up to $5,000 per year for eligible students.

Is there a separate application for Aggie Assurance?

No, there is not a separate application for Aggie Assurance. Once you complete the Free Application for Federal Student Aid (FAFSA) or Texas Application for State Financial Aid (TASFA), Scholarships & Financial Aid will determine if you are eligible and award you as eligible.

Who qualifies for Aggie Assurance?

Texas residents (including students who are eligible to pay in-state tuition under SB1528) with an adjusted gross income of $60,000 or less qualify for Aggie Assurance. Adjusted gross income is defined as parents’ adjusted gross income if the student is dependent or the student’s adjusted gross income if the student is independent (as defined in the FAFSA/TASFA).

When did the Aggie Assurance program begin?

The Aggie Assurance program began fall 2008 with the Fightin’ Texas Aggie Class of 2012.

Are transfer students eligible to receive the Aggie Assurance?

Yes, admitted transfer students are eligible.

Do I have to be enrolled full-time to receive the Aggie Assurance?

Yes, you must be enrolled at least 12 semester credit hours at Texas A&M University each fall/spring term to receive the Aggie Assurance. If you do not complete 12 hours each fall/spring semester, you may lose program eligibility for future terms.

May I receive the Aggie Assurance for the summer terms?

No, the Aggie Assurance is for the fall and spring terms only.

Can I take my Aggie Assurance with me to another school?

No, the Aggie Assurance can be used for courses registered at Texas A&M University-College Station.

How do I continue to receive Aggie Assurance in subsequent years?

To qualify for Aggie Assurance in subsequent years, you must file a FAFSA/TASFA by the priority deadline, and eligibility must be confirmed each year.

How long may I receive the Aggie Assurance?

You could receive the Aggie Assurance for four years.

Do I have to maintain a certain grade point ratio (GPR) to continue in the program?

Yes, you must maintain a 2.5 GPR and meet Satisfactory Academic Progress requirements.

Are housing and books included in the Aggie Assurance?

The Aggie Assurance is designed to ensure tuition is covered. However, many students will receive additional financial aid, including grants, work study, and loans, that will cover housing and books.

How do Texas A&M University scholarships or outside scholarships affect the Aggie Assurance?

Such awards will be included as part of your financial aid award package. We want to be sure that your tuition is covered, but Aggie Assurance is limited to meeting financial need as demonstrated by the FAFSA/TASFA.

Can I qualify for the Aggie Assurance even if my family’s adjusted gross income is more than $60,000?

No, the Aggie Assurance is designed only for students who meet all the eligibility criteria. However, other financial assistance is available.

Will I see ‘Aggie Assurance’ on my financial aid award letter?

No, you will not see the words ‘Aggie Assurance’ on your financial aid offer. The Aggie Assurance is met through a combination of various grants and scholarships.

Do Texas A&M Blinn TEAM students qualify?

Yes, Texas A&M Blinn TEAM student are eligible for Aggie Assurance. However, only tuition paid to Texas A&M University is considered in the determination of Aggie Assurance eligibility.

For more information about the Aggie Assurance, please call Scholarships & Financial Aid at (979) 845-3236 or email financialaid@tamu.edu.
Types of Federal Student Aid