Types of Financial Aid ProgramsIn order to be considered for federal student aid you must complete a Free Application for Federal Student Aid (FAFSA). If you are eligible to pay in-state tuition due to Senate Bill 1528, and wish to be considered for certain types of state financial aid, you must complete a paper FAFSA or a Texas Application for State Financial Aid (TASFA) and submit it directly to the Office of Financial Aid. Availability of each program is based on program appropriations each fiscal year. Below are basic criteria for qualifying for the various types of assistance. Additional program requirements may apply. For access to other scholarship information, see our Scholarships page. Please Note: The addition of any scholarship, grant, exemption, waiver, or outside funding toward your educational expenses may result in a reduction of aid. If you have received any of the aforementioned types of aid that are not represented on your award letter, please contact the Office of Financial Aid as soon as possible. Federal Financial AidEligibility RequirementsTo be eligible for federal aid a you must:
*Non-degree seeking students are not eligible for financial aid, except under the following circumstance:
Federal Pell GrantThe Federal Pell Grant awards are based on level of enrollment and Expected Family Contribution (EFC). Students must meet all eligibility criteria for receiving federal financial aid and must be pursuing their first bachelor's degree. The maximum Pell Grant award for the 2012-2013 academic year is $5550. Federal Supplemental Educational Opportunity Grant (FSEOG)The Federal Supplemental Educational Opportunity Grant (FSEOG) is a program for undergraduates with exceptional financial need. Pell Grant recipients with the lowest EFCs are the first to be offered a FSEOG. Annual award amounts vary. FSEOG is offered to students as a result of completing the FAFSA. There is no separate application. TEACH Grant ProgramThe Teacher Education Assistance for College and Higher Education (TEACH) Grant Program is available to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families. Recipients of the TEACH Grant must serve as a full-time highly-qualified teacher at a low-income school for at least four academic years within eight calendar years after completing or withdrawing from the academic program for which the grant was received. If the teaching requirement is not met, the TEACH Grant funds received will be converted to a Federal Direct Unsubsidized Stafford Loan that must be repaid, with interest charged from the date of the TEACH Grant disbursement(s). To be eligible you must:
The maximum annual ward amount is $4,000. To be considered for a TEACH Grant the student must contact his financial aid counselor. Because of the service committment the TEACH Grant is not automatically included in the financial aid award "package". More specific information regarding the TEACH Grant can be found at the TEACH Grant Program Fact Sheet. Iraq and Afghanistan Service GrantA student who is not eligible for a Pell Grant but whose parent or guardian was a member of the U.S. Armed Forces and died as a result of service performed in Iraq or Afghanistan after September 11, 2001 may be eligible to receive the Iraq and Afghanistan Service Grant. Additional Student Eligibility Requirements
The grant award is equal to the amount of a maximum Pell Grant for the award year – not to exceed the cost of attendance for that award year. Federal Work-Study (FWS)Federal Work-Study (FWS) provides part-time employment to undergraduate and graduate students who demonstrate need according to the FAFSA. You can earn money to help pay for your educational expenses, but cannot exceed your total FWS award. You will earn at least minimum wage, but the amount may be higher depending on the type of work and skills required. Employment can be on-campus at the school or off-campus, which will usually be at a private non-profit organization or public agency providing services in the public interest. Award notices will indicate the amount up to which you may earn in FWS. Federal Work-Student earnings are paid directly to the student and are not applied to the student's account in the Bursar's Office. Job placement assistance is provided by the UT Dallas Career Center. Federal Direct Stafford LoanThe William D. Ford Federal Direct Loan Program provides what generally are known as Stafford Loans. Under the Direct Loan Program, the funds come directly from the government. There are two types of Federal Direct Stafford Loans: subsidized and unsubsidized. You must demonstrate financial need, according to the FAFSA, to qualify for the subsidized loan. In this case the government will pay the interest on the loan while the student is in school. Financial need is not a requirement for the unsubsidized loan. This loan accrues interest while the student is in school; a student may choose to pay the accruing interest while in school. Repayment for both begins 6 months after graduation or when the student ceases attending school at least half-time. The interest rate for subsidized Direct Stafford Loans disbursed between July 1, 2012 and June 30, 2013 is fixed at 3.4 percent. Loans disbursed in previous years have different rates, depending on when they were disbursed. The interest rate for unsubsidized Stafford Loans is fixed at 6.8 percent. To accept a Direct Stafford Loan you must follow the steps on our Direct Lending (DL) website. Dependent undergraduate students can borrow up to:
If a dependent student's parent applies for and is denied a PLUS loan, the student can be considered independent for Direct Stafford Loan borrowing purposes. Independent undergraduate students can borrow up to:
Graduate students can borrow up to:
The maximum aggregate loan limits are:
Federal Direct Parent PLUS LoanParents can borrow a PLUS Loan through the William D. Ford Federal Direct Loan Program to help pay your education expenses if you are a dependent undergraduate student enrolled at least half time in an eligible program at an eligible school. To accept a Direct PLUS loan your parent must follow the steps on our Direct Lending (DL) website. Parents must pass a credit check or have a cosigner who will pass a credit check in order to borrow the funds. The yearly limit is equal to your cost of attendance minus any other financial assistance you receive. The interest rate is fixed at 7.9%. Repayment begins 60 days after the last disbursement of the loan. Borrowers may contact the Direct Loan Servicing Center for deferment options. Federal Grad PLUS LoanGraduate students are eligible to borrow under the PLUS Loan Program up to the cost of attendance minus any other financial assistance received. Before you can borrow under this program, you must have borrowed the maximum annual amount allowed under the Stafford Loan Program. Eligible students are offered the Federal Grad PLUS Loan as part of their financial aid award "package". To receive the Federal Grad PLUS Loan you must complete a Master Promissory Note, which is found at www.studentloan.gov. You must pass a credit check or have a cosigner who will pass a credit check in order to borrow the funds. The interest rate is fixed at 7.9%. You will have an in-school deferment status until you graduate or cease attending at least half time (5 hours). Interest is charged from the date the loan is disbursed. Repayment begins 45 days after your deferment end date. Federal Perkins LoanThe Federal Perkins Loan is a low-interest (5%) loan for both undergraduate and graduate students with exceptional financial need. The school is the lender and awards are made through the Office of Financial Aid. Awards are based on the date the FAFSA was complete, financial need, and funding availability. For undergraduate students at UT Dallas the maximum annual award is $4000; the aggregate limit is $27,500. For graduate students at UT Dallas the maximum annual award is $6000; the aggregate limit is $60,000. Repayment begins nine months after graduation or after you cease attending at least half-time. Because funding is limited to what is repaid by previous borrowers annually, the Federal Perkins Loan is not usually offered as part of a student's initial financial aid award "package".
State Financial AidEligibility RequirementsTo be eligible for state student financial aid you must:
Top 10% Scholarship ProgramProgram Purpose Eligibility Requirements
Renewal Requirements (contingent upon available funding)
Application Process
Toward EXcellence, Access and Success (TEXAS) GrantThe TEXAS Grant is awarded to students who demonstrate financial need and have completed an advanced curriculum in high school. To be eligible you must:
Students entering the program from high school who continue in college and who meet program academic standards can receive awards for up to 150 semester credit hours, until they receive a bachelor's degree, or for five years if enrolled in a 4-year degree plan or six years if enrolled in a 5-year degree plan, whichever comes first.
The award amount (including state, federal and institutional grant funds) is equal to the student's tuition and required fees.
Texas B-On-Time Loan ProgramThe purpose of the Texas B-On-Time Loan program is to provide eligible Texas students no-interest loans to attend colleges and universities in Texas. If the student meets specified goals, the entire loan amount can be forgiven upon graduation. If this loan is offered to you, the Financial Aid Office will instruct you to complete an application and promissory note online. To be eligible you must:
Persons who have earned a bachelor's degree are not eligible for B-On-Time loans. The maximum award amount for 2012-2013 at UT Dallas is $3550 per semester. A 3% origination fee will be deducted from the loan proceeds. To maintain eligibility for future disbursements, you must:
A student may not receive B-On-Time loans for more than 150 hours. Forgiveness Requirements for the B-On-Time LoanAt 4-year universities a Texas B-On-Time Loan shall be forgiven if you receive an undergraduate degree from an eligible institution and either:
Forgiven B-On-Time loans will be reported to the IRS as taxable income.
Institutional Financial AidEligibility RequirementsTo be eligible for institutional grants offered by the Office of Financial Aid you must:
Non-degree seeking students are not eligible for financial aid, except under the following circumstance:
**Undergraduate students admitted to UTD are considered for the University's Academic Excellence Scholarship Program through the Office of the Undergraduate Dean. For additional information contact the Undergraduate Dean's Office. Texas Public Education GrantThe Texas Public Education Grant is need based gift aid available to Texas residents, non-residents and students who qualify under SB 1528. You must be enrolled at least half-time and must register for Selective Service unless you are exempt. Annual award amounts vary. Undergraduate/Graduate Educational Assistance GrantThe Educational Assistance Grant is need based gift aid available to bona fide Texas residents. You must be enrolled at least half-time and must register for Selective Service unless you are exempt. Annual award amounts vary.
Other Types of Financial AssistanceThe College for All Texans website has a listing of additional financial aid assistance available, in addition to other helpful information.
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