Packaging Philosophy
The primary purpose of Scholarships & Financial Aid (SFAID) is to enable students to pursue their educational goals by providing financial resources, advising on aid programs, and determining eligibility. The office is committed to ensuring no student will be denied an opportunity for an education due to financial resources. We will provide all options available to assist. Texas A&M University (Texas A&M) strives to meet the documented financial need of all eligible students making satisfactory academic progress toward a degree.
The primary responsibility for meeting college expenses lies with the student and the student's family. Assistance from Texas A&M is intended to assist students with financing their education when family and personal resources are not adequate to meet educational costs. Financial aid consists of scholarships and grants (non-repayable gift assistance), loans (which must be repaid), waivers (of tuition, or tuition and fees, or reduction of out-of-state tuition to in-state tuition rates), exemptions (of tuition or tuition and fees), and part-time employment. Texas A&M makes every effort within its means to help students with limited financial resources secure needed funds.
Based on the principles of access and choice with an understanding that aid resources are limited, the following principles have been adopted by SFAID:
- The primary purpose of the financial aid program is to provide assistance to students, who without such aid would be unable to attend Texas A&M.
- Financial aid consists of grants, scholarships, loans, waivers, exemptions, and employment, which may be offered to students singularly or in various combinations.
- The family of a student is expected to make all efforts to assist the student with college expenses. Financial assistance from SFAID is viewed as a supplement to the student’s and the family’s contribution.
- Students must maintain satisfactory academic progress for most all aid programs administered.
- The total amount of need based financial aid offered to a student by SFAID shall not exceed the student’s demonstrated need.
- In determining the amount of other resources available to a student, Financial Aid Administrators (FAAs) shall take into account the financial support that can be reasonably expected from income, assets, and other resources available to the parent and the student. The Federal Methodology (FM) analysis shall be the mechanism used to determine the family’s contribution for those who complete the Free Application for Federal Student Aid (FAFSA).
- In determining a student’s financial aid offers, outside resources (including scholarships, grants, or other provided resources to the student) will be taken into consideration.
- Students not eligible for federal aid, but who may be eligible to receive state and/or some institutional aid, may complete the Texas Application for State Financial Aid (TASFA). Once received, their estimated family contribution is calculated using Federal Methodology (FM) analysis via Banner. There is limited funding for students who are not eligible for federal aid.
- International students are eligible for limited financial resources, which are typically only scholarships and tuition waivers provided by academic and other departments/units on campus. In some instances, international students may be eligible for state and university grant funds. The International Student Financial Aid Application (ISFAA) is required for assessing eligibility for state grant funds. There are limited funding sources for international students.
- Selection of students to receive financial aid will be made without regard to age, sex, race, color, religion, national origin, disability or marital status, unless required by statutes or gift agreements.
- All financial aid recipients are informed of the conditions under which aid is granted at the time the offer is made.