Student Financial Aid Overview
General Policies for All Programs
Academic Scholarships
Sponsored Scholarships, Outside Awards
Performance Awards
Religious Affiliated Programs
Federal Grant Programs
State and Institutional Grant Programs
Programs for Non-Traditional Students
Employment Programs
Student Loan Programs
Other Financial Assistance Programs
Undergraduate Student Financial Aid Statement of Satisfactory Academic Progress

Overview

Texas Christian University provides an extensive, individually designed financial aid program. There are certain principles that guide the administration of the various programs administered by the TCU Office of Scholarships and Student Financial Aid. First, financing a university education is a joint venture between the family and TCU. Second, eligibility for Title IV federal financial assistance, TCU-funded, and state financial aid programs will be based upon information on the Free Application for Federal Student Aid (FAFSA) as provided by the family. Third, academic scholarships will be based upon the academic achievement of the students. Fourth, those who have excelled academically will be given the largest share of TCU-funded dollars.

Applicants for assistance must be admitted to the University before aid is committed. Those students qualifying for academic scholarships will be reviewed by the Academic Scholarship Committee and notified of the results in March or November depending upon the date of entrance to the University.

Applicants for financial assistance programs must submit the Free Application for Federal Student Aid (FAFSA) no later than March 15 for fall entry and September 1 for spring entry. These dates ensure that this information will arrive at TCU prior to the deadline of May 1 and November 1, respectively. The FAFSA is available at www.fafsa.ed.gov or from high school guidance offices, the TCU financial aid office, or in the case of transfer students, other college financial aid offices. Financial assistance files completed after May 1 or November 1 will be reviewed; however, there may be a reduction in the aid offering due to budget limitations. (Deadlines for Ranch Management applicants, athletes, and fine arts performance majors may be extended due to University recruitment practices and for transfer students whose admission is pending due to the availability of final transcripts). All individuals whose FAFSA is selected for verification will be required to submit a copy of the parents' and student's federal income tax return, W-2s, Schedule Cs and a verification worksheet to substantiate the application. Additional documents may be required in individual cases.

Students generally receive aid from a variety of sources. Scholarships, federal, state and institutional grants, work, and/or loans are combined or "packaged" to form the financial assistance award. Approximately 75 percent of the current TCU student body is receiving financial assistance. Questions regarding the University's aid program may be directed to: Director of Scholarships and Student Financial Aid, Texas Christian University, TCU Box 297012, Fort Worth, Texas 76129, (817) 257-7858.

General Policies for All Programs

1. Students may receive more than one TCU-funded award. However, the annual aggregate of the combined awards may not exceed the value of full tuition for the hours enrolled up to 36 credit hours. Institutional funds may only be applied to tuition costs unless specifically designated as Room and Board Grants. Note: With the exception of the Pell Grant, most federal and state grant programs are also limited to paying tuition costs.

2. Any aid granted by the University may be withdrawn at any time for unsatisfactory conduct.

3. If invited to participate in the Honors Program, scholarship recipients are encouraged to do so.

4. All students receiving financial aid from sources outside the University must notify the Office of Scholarships and Student Financial Aid of the amount and source of such aid.

5. Most financial aid awards are granted for one year and may be renewed if the recipient meets required stipulations. All reapplications and required documents must be received prior to May 1 to ensure funding.

6. Maximum duration of TCU funded awards will be eight semesters or a total of 128 TCU semester hours of undergraduate study, whichever occurs first. A ninth semester of aid is allowed for students in a program requiring more than 128 hours for a baccalaureate degree.

7. Students who receive financial eligibility-based assistance through TCU may not receive funds from any additional source, which will exceed their eligibility. Any student who has been "over-awarded" will have his or her awards reduced by the Office of Scholarships and Student Financial Aid so that all aid received will comply with federal and state guidelines. When possible, this reduction takes place in either the employment or loan programs.

8. TCU funded assistance is restricted to tuition costs for first-degree undergraduates. (Exceptions are made for Ranch Management, Piano Certificate, or Artist Diploma programs and for recipients of Alumni half-tuition, City of Fort Worth Grant, and Professional/Personal Development Grant).

9. Academic scholarships may only be applied to tuition costs. Students receiving awards from other sources that are restricted to tuition charges must choose which award(s) to accept in the event these funds exceed tuition.

10. To be eligible for TCU-funded aid, a student must have a TCU cumulative grade point average of 2.5 or better and must register for at least 12 semester hours, unless the aid is designated for part-time students. PLEASE NOTE: 27 semester hours of "letter grade" credits each academic year (fall/spring) are required for academic scholarship renewal. See renewal requirements in the Academic Scholarship section.

11. To be eligible for federal and state aid, a student must have a TCU cumulative grade point average of 2.0 or better and must register for at least six semester hours.

12. Students must maintain the requirements outlined in the Undergraduate Student Financial Aid Statement of Satisfactory Academic Progress in order to apply for and receive financial aid.

13. With the exception of TCU International Summer Study programs, grant assistance is generally not available during the summer terms.

14. Graduating seniors in their last semester may register as part-time students. Aid will be offered on a pro rata basis. The student must register for at least 6 hours of credit.

15. Students participating in the TCU London Center or TCU-sponsored international programs are eligible for all TCU-administered aid. Students participating in the Institute of European Studies (IES) or the Council on International Educational Exchange (CIEE) are eligible for all TCU-administered aid except Federal Work/study, Federal Perkins Loan and Nursing Student Loan. State and federal aid, other than Federal Work/study, Perkins Loan and Nursing Student Loan, is available for other U.S. University Programs and Non-U.S. University Programs if there is a consortium agreement on file at TCU.

Academic Scholarships

TCU rewards academic achievement. The following list of awards is designed to recognize entering students who have excelled academically. In order for a student to compete for an academic award, freshman applicants must complete the application for admission and submit SAT/ACT scores by December 15. Transfer student applicants must be admitted by April 15 for the fall semester and October 1 for the spring semester. These awards are based solely on academic performance without regard to the family's financial condition as evidenced by the FAFSA.

Freshman Awards

Applicants who meet the December 15 and November 1 (spring entry) admission deadline and submit an outstanding record of academic achievement in a college-prep curriculum will be considered in the competition. Candidates typically rank at the top of their high school class (if class rank is reported), earn high scores on the SAT or ACT and possess a significant record of co-curricular and community involvement. Communication skills, counselor and teacher recommendations, and optionally submitted materials will also be considered.

There are specific renewal requirements common to all academic awards. They are:

1. Successful completion of 27 "letter grade" hours each academic year (fall and spring). Note: Summer courses do not satisfy the requirement.

2. A TCU cumulative GPA of 3.0 is required at the conclusion of the freshman year. Thereafter, a 3.25 TCU cumulative GPA is required at the conclusion of each spring semester.

3. In general, classes designated as Pass/No Credit do not count toward scholarship renewal. An exception is made if that is the only grading option available for that course.

4. F grade, W or Q, I, AU, NR, CR, Advanced Placement (AP), College Level Examination Program (CLEP), and College Board Achievement Tests in Foreign Languages (ACH) will not count toward satisfying requirements.

5. Repeated classes are not counted for scholarship renewal unless the original letter grade was an F.

6. Duration of freshman awards is 8 semesters or 128 TCU semester hours, whichever occurs first.

Chancellor Scholarship

Amount: Full tuition for up to 18 hours per semester for up to 8 undergraduate semesters. Total value in excess of $92,000.

Deans Scholarship

Amount: $9,500 per year for up to 8 undergraduate semesters. Total value $38,000.

Faculty Scholarship

Amount: $8,000 per year for up to 8 undergraduate semesters. Total value $32,000.

TCU Scholarship

Amount: $5,500 per year for up to 8 undergraduate semesters. Total value $22,000.

National Merit
National Achievement
National Hispanic


Amount: $2,000 per year for up to 8 undergraduate semesters. Total value $8,000.

Special Note: Scholars must be designated as finalists in the competition and Merit finalists must officially designate TCU as their first choice. This scholarship may be awarded in addition to another TCU scholarship if the total amount of institutional merit scholarship does not exceed the cost of tuition at TCU.

TCU Eagle and Gold Scout Scholarship

Amount: $2,000 per year for up to 8 undergraduate semesters. Total value $8,000.

Special Note: This special scholarship is awarded in recognition of those who have attained the highest rank in Boy Scouts or Girl Scouts and who have not been presented another TCU merit-based award. Completed applications, which are available in the Forms Library at www.fam.tcu.edu, must be received by May 1 of the candidate's high school senior year.

TCU Academic Achievement Award

This award is for current TCU students who were at the top of their class at the end of the freshman year and were not awarded an academic scholarship upon entering the University.

Transfer Awards

Transfer scholarships are highly competitive. Candidates must present a minimum cumulative college GPA of 3.25 and at least 27 hours of transferable course work. Other factors that will be considered are strength of curriculum, GPA earned during the last 30 hours of course work, communication skills, and extra-curricular activities. Renewal of scholarships is based on the successful completion of at least 27 hours of letter-grade course work at TCU during the academic year (Fall and Spring Terms). A TCU cumulative GPA of 3.25 is required at the conclusion of the Spring Term.

Transfer Chancellor Scholarship

Amount: Full Tuition for up to 18 hours per semester for up to 4 undergraduate semesters.

Total value in excess of $46,000.

Special Note: Candidates must also, by June 1st, have completed either their associate's degree from a community/junior college, or at least 64 transferable hours of senior/junior college course work.

Transfer Deans Scholarship

Amount: $9,500 per year for up to 6 undergraduate semesters. Total value $28,500.

Transfer Faculty Scholarship

Amount: $8,000 per year for up to 6 undergraduate semesters. Total value $24,000.

Transfer TCU Scholarship

Amount: $5,500 per year for up to 6 undergraduate semesters. Total value $16,500.

Phi Theta Kappa Alumni Scholarship

Amount $5,750 per year for up to 6 undergraduate semesters. Total value of $17,250.

Special Note: Active PTK membership is also a pre-requisite for this TCU-sponsored award.

TCC/TCU Cornerstone Scholarship

Amount: $9,750 per year for up to 4 undergraduate semesters. Total value $19,500.

Special Note: This scholarship is awarded to select top Tarrant County College Cornerstone Scholars. Candidates must have completed the program at TCC with two years full-time course work or an Associate's Degree. Meeting minimums does not ensure selection.

Sponsored Scholarships, Outside Awards

Individuals, foundations, and other agencies place scholarships with TCU. These are awarded by the University through its regular channels in keeping with the standards and/or the conditions stipulated by the donor. Qualified students are considered for these scholarships on the basis of the TCU admissions application. In addition, financial assistance is offered by a number of corporations, foundations, and other organizations, which grant them directly to the student, who may then select the institution where the award is to be used. High school principals and counselors usually have information concerning such awards.

Performance Awards

TCU offers talent-based awards. Recipients of these awards are recommended by the individual department(s) and the awards may or may not be based in part upon the results of the FAFSA.

Athletic Grant-in-Aid. Grants-in-aid for intercollegiate athletes are granted in accordance with the policies of the National Collegiate Athletic Association and the USA Athletic Conference; however, athletes who apply for state or federal grants or for other TCU financial assistance programs must meet the standards for regular financial assistance.

Nordan Fine Arts Scholarship. These awards are made to exceptionally talented students in art, ballet/modern dance, music, and theatre. They hold a value of up to $40,000 over a four-year period for undergraduate students. The awards are renewable each year subject to the recipient fulfilling expectations. For more information contact: Dean, College of Fine Arts, TCU Box 298000, Fort Worth, Texas 76129.

Band Awards. Funds are available to some members of the Horned Frog Band. The amount of the award will depend upon talent and availability of other aid. Awards are made on recommendation of the Director of Bands after an audition. Awards may be renewed.

Orchestra and Choral Awards. Funds are available to some members of the University Orchestra and Choral Programs. The amount of the awards depends upon talent and availability of other aid. Awards are made on recommendation of the Director of the Orchestra and the Director of the Choir after an audition. Awards may be renewed.

Religious Affiliated Programs

To receive aid from more than one religious-affiliated program, applicants must demonstrate financial eligibility through the Free Application for Federal Student Aid (FAFSA).

Beasley Foundation Grants. These grants are for members of the Christian Church (Disciples of Christ) and are made available through the Theodore and Beulah Beasley Foundation, Inc. They are based on the results of the FAFSA, academic achievement, and leadership potential. To be eligible, a student must rank in the top 25% of his/her high school class or have a minimum SAT 1100/ACT 24 or a 3.0 high school grade point average, or a 2.5 cumulative transfer grade point average. The amount of assistance depends on the results of the FAFSA and availability of other aid. Most awards range from $1,000 to $4,000. Consideration for renewal is based upon successful completion of at least 24 hours and achievement of a minimum TCU cumulative GPA of 2.5.

Bermont Family Undergraduate Jewish Student Scholarship. Award for entering freshmen or transfer students who are Jewish. Preference will be given to student applicants who demonstrate financial need as evidenced by the Free Application for Federal Student Aid (FAFSA). Amount varies.

Church Vocation Conditional Loan. Through the cooperation of the Christian Church (Disciples of Christ), TCU is able to award financial assistance to students, regardless of denomination, preparing to become ordained clergy, church musicians, or directors of religious education in a full-time church vocation affiliated with a church denomination. These awards will be in an amount not to exceed one-half tuition for up to 18 hours per semester. The minister and the board (or governing body) of the applicant's home congregation must certify the applicant as a member in good standing and as a candidate for full-time church-related work. In addition, a letter of recommendation from an appropriate church official is required, along with an essay from the candidate reflecting on the individual's theological development and commitment to devote his/her life to the ministry of the Gospel of Christ as a full-time vocation. This certification should be received by TCU prior to May 1 for the fall semester and November 1 for the spring semester.

Prior to May 1 each year, all recipients will re-certify their commitment to enter a full-time church vocation and present evidence of their progress toward that goal. The home congregation, the TCU Scholarship Committee and the Department of Religion will review the re-certification. Award decisions will be based on several factors including academic record, applicant's essay and letter of recommendation. Candidates who are members of the Christian Church (Disciples of Christ) will be given preference. Financial eligibility as demonstrated by the FAFSA will be considered although it will not be an absolute prerequisite for receiving an award.

Recipients of a church vocation loan must enroll in an undergraduate program leading to a baccalaureate degree from TCU. They are required to major or minor in Religion or major in church music. Minimum renewal requirements are a 2.5 TCU cumulative GPA and successful completion of at least 24 semester hours during the academic year. Recipients are required to sign a promissory note for the amount of the loan plus interest. Recipients who complete their preparation and go into church vocations will have this obligation forgiven based on the number of years in a church vocation. Applications for a church vocation loan may be obtained from the Forms Library of the Financial Aid section at www.fam.tcu.edu.

Christian Youth Fellowship (CYF Grant). Through the cooperation of the Christian Church (Disciples of Christ), TCU is able to offer tuition assistance to regional officers of the Christian Youth Fellowship. These awards will be in an amount not to exceed one-half tuition for up to 18 hours per semester and is renewable for eight semesters providing the student meets the criteria for financial aid satisfactory academic progress. Additionally, a TCU cumulative 2.5 GPA is required for renewal.

Minister and Minister's Dependent Grant. Through funds provided by the Christian Churches of Texas, New Mexico and Louisiana, partial-tuition grants are available to certain categories of "closely related" students attending TCU. Included are:

1. spouses of full-time students of Brite Divinity School, the graduate seminary;

2. unmarried youths under 23 years of age who are dependent children of Christian Church (Disciples of Christ) ministers in full-time active service (including missionaries) and youths of Juliette Fowler Home (including employees of the Home);

3. spouses of full-time Christian Church (Disciples of Christ) ministers and

4. full-time Christian Church (Disciples of Christ) ministers who wish to continue their education on a part-time basis in the undergraduate program.

Students enrolled full-time in the regular undergraduate program are entitled to one-half tuition grants for up to 18 hours per semester. Applications must be made by May 1 each year.


Federal Grant Programs

Eligibility for the following programs is based upon receipt and evaluation of the FAFSA. The FAFSA must be submitted no later than March 15 for fall entry and September 1 for spring entry. These dates ensure that this information will arrive at TCU prior to the deadline of May 1 and November 1, respectively. These programs are subject to the provisions stated in General Policies, listed earlier in this section of the Bulletin, as well as specific programmatic requirements as defined.

Federal Pell Grant. This is a federally funded grant for undergraduate students only. The maximum amount of the grant is established by the U.S. Department of Education on an annual basis. Grants range from $200 to $4,050 depending on federal allocations and eligibility.

Federal Supplemental Educational Opportunity Grant (SEOG). The average SEOG award at TCU is approximately $400 per academic year. Eligibility extends to completion of the first undergraduate degree. All SEOG awards are dependent on the funding levels approved by federal government appropriations and awards to the institutions.

State and Institutional Grant Programs

Eligibility for the following programs is based upon receipt and evaluation of the FAFSA. The FAFSA must be submitted no later than March 15 for fall entry and September 1 for spring entry. These dates ensure that this information will arrive at TCU prior to the deadline of May 1 and November 1, respectively. These programs are subject to the provisions stated in General Policies, listed earlier in this section of the Bulletin, as well as specific programmatic requirements as defined by the Texas Higher Education Coordinating Board.

TCU Grant. Students with financial eligibility are considered for participation in this program. The results of the FAFSA, class rank and SAT/ACT are reviewed. The award is based upon the quality of the entire applicant pool. Renewal is based upon results of the FAFSA and a minimum TCU cumulative GPA of 2.5.

Middle Income Assistance Program. Awards vary, generally between $500 and $2,550.

Tuition Equalization Grant (TEG). The State of Texas sponsors a program to help equalize the cost of tuition between independent universities and the state public institutions. TCU participates in this program. To qualify, a student must:

1. be a Texas resident as defined by the Texas Higher Education Coordinating Board;

2. establish financial eligibility as evidenced by the FAFSA;

3. not be the recipient of an athletic scholarship during the semester the student is receiving the TEG;

4. provide results of a processed FAFSA no later than May 1 for fall and November 1 for spring.

Leveraging Educational Assistance Partnership (LEAP). LEAP may be combined with the TEG to assist undergraduates who have established additional eligibility through the FAFSA. The number awarded and the amount of the award is dependent upon the availability of funds provided by the federal government.

TEXAS Grant Program. The TEXAS GRANT Program is sponsored by the state of Texas and available to Renewal applicants only as of September 1, 2005. To renew, a student must:

1. have received their first TEXAS GRANT prior to September 1, 2005;

2. be a Texas resident as defined by the Texas Higher Education Coordinating Board;

3. establish financial eligibility as evidenced by the FAFSA;

4. successfully complete 75% of full-time hours with a TCU cumulative GPA of 2.5

5. not be convicted of a felony or a crime involving a controlled substance;

6. enroll at least 3/4-time in an undergraduate degree or certificate program within 16 months of high school graduation.

Programs for Non-Traditional Students

Responding to the needs of several types of part-time, adult and non-traditional students, TCU offers the following programs. Information and applications may be obtained by contacting the Office of Scholarships and Student Financial Aid, Sadler Hall 108, telephone (817) 257-7858. Students receiving assistance through these programs must maintain the standards set forth in the Undergraduate Student Financial Aid Statement of Satisfactory Academic Progress outlined elsewhere in this Undergraduate Studies Bulletin.

Personal/Professional Development Grant. Awards are available to qualified part-time, independent students at least 22 years of age. This first-come, first-served grant is available to students who often do not qualify for other forms of financial assistance. With the exception of Pell Grants and educational loans, these grants may not be combined with other TCU-administered aid.

Alumni Half-Tuition. Persons with a TCU degree are eligible to take additional undergraduate courses, except for performance music, at half-tuition. Funds for this program are limited and some restrictions apply. A student may not be receiving tuition funds from any other source with the exception of educational loans and may not combine this award with other financial aid administered by TCU. A student concurrently enrolled in a graduate degree program at TCU may not combine this award with aid through a Graduate Department. Readmission to the University as a non-degree student is available through the Office of Extended Education. For admission as a degree-seeking student contact the Office of Admission. This assistance is awarded on a funds and space available basis to students who register on the second day of class. Applications, which may be completed in advance, are available in the Office of Scholarships and Student Financial Aid, Sadler Hall 108.

City of Fort Worth Grant. City of Fort Worth employees are eligible to receive tuition assistance in accordance with a cooperative agreement between TCU and the City of Fort Worth. Applications are available in the Office of Scholarships and Student Financial Aid, Sadler Hall 108.

Employment Programs

Federal Work-Study Program (FWS). This federally-funded program provides a portion of the wages earned by students employed on campus. To receive a Work-study award, the applicant must have financial eligibility as evidenced by the Free Application for Federal Student Aid (FAFSA). Students employed through this program must be capable of maintaining good standing in their course of study while employed. To research current job listings, visit www.frogjobs.net, and click on "Student/Alum Log-in." If you are a new user, click on the "Click Here to Register" link. Once you have found a position in which you are interested, follow the instructions for application. Student employees are paid by check every two weeks for actual hours worked.

Texas College Work-Study Program. This state-funded program provides a portion of the wages earned by students employed on campus. Students must be Texas residents. To receive a Work-Study award, the applicant must have financial eligibility as evidenced by the Free Application for Federal Student Aid (FAFSA). Students employed through this program must be capable of maintaining good standing in their course of study while employed. To research current job listings, visit www.frogjobs.net, and click on "Student/Alum Log-in." If you are a new user, click on the "Click Here to Register" link. Once you have found a position in which you are interested, follow the instructions for application. Student employees are paid by check every two weeks for actual hours worked.

University Student Employment. TCU offers a number of student jobs through the various departments on campus. To research current job listings, visit www.frogjobs.net, and click on "Student/Alum Log-in." If you are a new user, click on the "Click Here to Register" link. Once you have found a position in which you are interested, follow the instructions for application. Student employees are paid by check every two weeks for actual hours worked. Eligibility is not necessarily related to the FAFSA; however, some departments may prefer to hire students with work-study awards.

Employment in the Fort Worth Area. Students may also find employment in the Fort Worth area. Business establishments adjacent to the campus frequently employ TCU students. Other business enterprises in more distant areas of the community also employ TCU students who have means of transportation to and from the job. Employment opportunities in the area are particularly advantageous to students who are pursuing certain career fields where on-the-job training may be helpful. The Career Services Office provides assistance in helping students locate these types of employment.

Residence Hall Assistants. There are several staff positions for upper-class students as Resident Assistants in each residence hall. Required are leadership ability, an appreciation for the University's educational philosophy, and a concern for other students' needs. Applications should be made to the Office of Residential Services. Dates for applications are announced each spring.

Student Loan Programs

Loans must be repaid and require the signing of a promissory note. There are several types of loans available to students attending TCU.

B-On-Time Loan The B-On-Time is a state loan program with possibilities for loan forgiveness. This is a no interest loan with a 3% origination fee deducted from the disbursement. The loan will be forgiven for students who complete their undergraduate degree with a total number of credit hours that is no more than 6 hours above what is required to complete the degree, with a cumulative GPA of 3.0 or higher. Applicant must have graduated from High School May 2003 or later. Full time enrollment and Texas Residency are required. Students may not concurrently receive a B-On-Time Loan and the Texas Grant. If a student does not qualify for loan forgiveness, normal repayment is a minimum of $75.00 over a period of up to 15 years. Payment begins 6 months after student ceases to be enrolled half time. Renewal is based on the availability of funds and requires annual filing of the FAFSA, and TCU cumulative GPA of 2.5 or higher. Forgiven BOT loans must be reported to the IRS as taxable income. Funds are limited.

Federal Carl Perkins Student Loan (formerly National Direct Student Loan, NDSL). TCU is the lender. Eligibility is determined by the FAFSA. This program has a fixed interest rate of 5%. No payment of principal or interest is required nor does the interest accrue until one ceases to be a half-time student (normally carrying 6 semester hours). Repayment begins nine months after one is no longer enrolled at least half-time. One may prepay (early payment) at any time while incurring no additional charge. Normal payment is a minimum of $40 per month over a period of up to ten years. A signed promissory note is required.

Nursing Student Loan (NSL) TCU is the lender. Eligibility is determined by the FAFSA. This program has a fixed interest rate of 5%. No payment of interest or principal is required nor does the interest accrue until one ceases to be at least a half-time student (normally carrying 6 semester hours). Repayment begins nine months after one is no longer enrolled at least half time. Normal repayment is a minimum of $15 per month over a period of up to ten years.

Federal Stafford Student Loan (FSSL). Formerly Guaranteed Student Loan (GSL). Eligibility is determined by the FAFSA. TCU is not the lender. The applicant may choose any bank, savings and loan association, credit union, or other traditional lender that participates in the student loan program. The Office of Scholarships and Student Financial Aid maintains a list of lenders that are used by a number of TCU students and that provide a satisfactory level of service to students. For loans first disbursed on July 1, 2006 or after, the program has a 6.8% fixed interest rate. Borrowers with an outstanding loan balance prior to this date should review their disclosure statements for applicable interest rate information. Normally, the repayment period for the loan will be ten years. The federal government pays the interest during the period of at least half-time enrollment and during the six-month grace period.

Undergraduate students may borrow up to $2,625 during the first year of study, $3,500 during the second year of study, and $5,500 per year for subsequent years of study to a maximum of $23,000. Repayment begins six months after one is no longer enrolled at least half time. The lender may deduct an origination fee up to 3% from the proceeds of the loan at the time of disbursement.

Unsubsidized Federal Stafford Student Loan. The FAFSA is required. Eligibility is determined by subtracting other forms of aid from the TCU 'Estimated Cost of Attendance' as defined by federal law. Terms and interest rates are the same as for the FSSL with the following exceptions: interest on the Unsubsidized Federal Stafford Loan must be paid monthly, quarterly, or be added into the principal amount of the loan.

Dependent undergraduate students may borrow up to the following maximums by combining Subsidized Stafford loan with the Unsubsidized Stafford Loan: $2,625 during the first year of study, $3,500 per year during the second year of study, and $5,500 per year for subsequent years of study to a maximum of $23,000. The lender may deduct an origination fee up to 3% from the proceeds of the loan at the time of disbursement.

Independent undergraduate students may borrow up to the following maximums by combining Subsidized Stafford loan with the Unsubsidized Stafford Student Loan: $6,625 during the first year of study, $7,500 during the second year of study, and $10,500 per year for subsequent years of study to a maximum of $46,000. The lender may deduct an origination fee up to 3% from the proceeds of the loan at the time of disbursement.

College Access Loan (CAL). The lender is the Texas Higher Education Coordinating Board. This student loan is for Texas residents or recipients of competitive academic scholarships of at least $500 who are enrolled at least half-time. Financial need is not a requisite, but applicants must submit the Free Application for Federal Student Aid (FAFSA). A credit-worthy co-signer is required. Loan amounts are limited to the student's cost of attendance per year, and to a maximum aggregate of $45,000. This program has a 5.25% simple interest rate beginning the date of disbursement. Borrowers with an outstanding balance prior to June 15, 2003, should review their disclosure statements for applicable interest rate information. Repayment begins six months after the student ceases to be enrolled at least half time. Applications may be completed on line at www.hhloans.com.

Federal Parent Loan For Undergraduate Students (PLUS). TCU is not your lender. A parent of an undergraduate student may borrow an amount up to the estimated cost of attendance as defined by federal law minus other forms of financial aid. For loans first disbursed on July 1, 2006 or after, the program has an 8.5% fixed interest rate. Borrowers with an outstanding loan balance prior to this date should review their disclosure statements for applicable interest rate information. Repayment of principal and interest begins approximately 60 days following disbursement and allows the borrower up to ten years in repayment. Most lenders offer postponement of payments until the student graduates or cease to be half-time.

Etta Newby Loan. TCU is the lender. This program requires Texas residency with preference given to Fort Worth high school graduates. A FAFSA must be filed. Applicants must have at least a 2.5 overall grade point average. The maximum borrowing is $2,200 per year, $8,000 aggregate. There is no interest charged; however, recipients are expected (not required) to make contributions to the fund after the debt is repaid. Repayment begins one month after the student graduates or ceases to be at least a half-time student at TCU. Funds are limited.

Emergency Loans. TCU has additional funds provided by friends and alumni to be used in emergency situations. Loans are short term and must be repaid within 30 days. A loan committee will review each loan application.

Other Financial Assistance Programs

Tandy Grant. Charles Tandy established a trust fund in 1975 for the purpose of underwriting grants for employees of the Tandy Corporation and their lineal descendants (i.e., children and grandchildren). The dollar amount of the grants varies from year to year, depending upon the number of applicants and the amount available from the fund. Students may apply for the minimum grant simply by completing the application form, which may be obtained in the TCU Office of Scholarships and Student Financial Aid. A FAFSA is required in order to be considered for more than the minimum grant. This award is subject to the General Policies of All Programs as outlined elsewhere in this Bulletin.

Big Brothers Big Sisters of Tarrant County Scholarship. TCU students who are currently serving as a Big Brother or Sister, or those who have been a Little Brother or Sister at one time may apply. Recipients receive $2,000 for the academic year and may reapply for a total of four years. Financial eligibility must be established through the FAFSA. Incoming freshmen must be ranked in the top 25% of their high school class. Transfer students and current TCU students must have a grade point average of 2.5. Due to a need for minority Big Brothers, the donor has stipulated a preference for male minority applicants. Applications are available in the TCU Office of Scholarships and Student Financial Aid.

Hatton W. Sumners Partial-Tuition Grant. Students majoring in political science, history, pre-law, or educational social studies may apply. Applicants must be U. S. citizens, enrolled full time, be in good academic standing and demonstrate financial eligibility through the FAFSA. Amount varies.

Hope Pierce Tartt Scholarship. Residents of Gregg, Harrison, Marion, Panola, and Upshur counties in the state of Texas may apply. The FAFSA is required. Amount varies and is generally between $500 and $1,000.

International Student Awards. A limited number of awards are available for international students based upon financial need and/or merit. The award amounts vary. Awards are subject to the General Policies of All Programs and the Undergraduate Student Financial Aid Statement of Satisfactory Academic Progress.

Martin Luther King, Jr. Scholarship. Application process is open to students who indicate a career goal that demonstrates a service to humanity. Amount varies and is generally between $500 and $2,000.

M. D. Anderson Pre-Med Scholarship. Applicants must have completed Chemistry 10113, 10122, 10123, or Chemistry 10114 or 10124 and Biology 10504, 10514, or equivalent, and have a cumulative TCU GPA of at least 3.0 overall and in the sciences. Applicants must demonstrate service to TCU, fellow students and the profession. Evidence of health-related experience and motivation toward a career as a doctor or dentist is also required. Amount varies and is generally from $500 to $5,000 per year.

State Scholarship and Grant Programs. Connecticut, Delaware, Michigan, Pennsylvania and Vermont award state grants to their residents, which may be used for enrollment at TCU. Residents of these states should contact the Higher Education Assistance Agency at the appropriate state capitol.

Summer International Study Grant. A limited number of grants are available for continuing TCU students in degree programs. The award amounts vary. Students must file a FAFSA for the academic year preceding the summer international study to be considered. Awards are subject to the General Policies of All Programs and the Undergraduate Student Financial Aid Statement of Satisfactory Academic Progress.

London Center Study Grant. Award for degree-seeking students with financial eligibility enrolling in the TCU London Center. Applicants must have at least a 2.5 TCU cumulative GPA. Amounts vary and are generally between $500 and $2,000.

ROTC Scholarship Programs. The U.S. Army and Air Force defray some or all expenses for tuition and fees, provide a textbook allowance, and pay a monthly stipend to highly qualified young persons selected to participate in the ROTC College Scholarship Program. Successful completion of the ROTC course and all academic requirements for a bachelor's degree qualifies participants for an officer's commission in the Air Force or Army. A service obligation is incurred by those commissioned through this program. Awards are available to entering freshmen as well as to current TCU students.

Four-year and Three-year Advance Designee ROTC Scholarship winners are eligible to compete for a limited number of TCU Room and Board Supplement Grants and TCU ROTC Activity Grants. To be considered, the student must meet the scholarship deadline (January 15) and the financial aid deadline (May 1). Inquiries should be made directly to the Professor of Military Science (Army) or the Professor of Aerospace Studies (Air Force) at TCU.

Veterans Administration (V.A.) The Office of the Registrar will assist individuals eligible for veteran educational assistance benefits.

Vocational Rehabilitation. The Texas Rehabilitation Commission (TRC) offers assistance for tuition and non-refundable fees to students who have certain disabling conditions. The vocational objectives of the applicant must be approved by A TRC counselor. Examples of such conditions include orthopedic deformities, emotional disorders, diabetes, epilepsy, and heart conditions. Other services are also available to assist the handicapped student to become employable. Application for such service should be made at Texas Rehabilitation Commission, Fort Worth District Office.

UNDERGRADUATE STUDENT FINANCIAL AID STATEMENT

OF SATISFACTORY ACADEMIC PROGRESS

All students must maintain certain requirements to receive financial aid. Credit hours attempted, credit hours completed and TCU grade point average are reviewed in June at the conclusion of each academic year to determine whether satisfactory progress is being maintained. Additionally, a student on academic warning or probation will be reviewed at the conclusion of each academic semester. Please note, students deemed academically ineligible by the Registrar’s Office are not eligible to receive financial aid. (See Sections I, II, III, IV.)

The following statement outlines the requirements for satisfactory progress and how those requirements are monitored. Enrollment status is determined on the final day of the 100% refund period.

Section I - Full-Time Undergraduate Student (12+ Hours/Semester)

A. Complete and receive academic credit for at least 24 hours annually. (See Section V)

B. Maintain a TCU grade point average (GPA) of at least 2.0 on hours completed.

C. Not be on academic probation.

Section II - 3/4 Time Undergraduate Student (9-11 Hours/Semester)

A. Complete and receive academic credit for at least 6 hours per semester. (See Section V)

B. Maintain a TCU grade point average of at least 2.0 on hours completed.

C. Not be on academic probation.

Section III - ½ Time Undergraduate Student (6-8 Hours/Semester)

A. Complete and receive academic credit for 50% of the number of hours for which enrolled. (See Section V)

B. Maintain a TCU cumulative grade point average of at least 2.0 on the hours completed.

C. Not be on academic probation.

Section IV - Less than ½ Time Undergraduate Student (1-5 Hours/Semester)

A. Complete and receive academic credit for the number of hours for which enrolled. (See Section V)

B. Maintain a TCU cumulative grade point average of at least 2.0 on the hours completed.

C. Not be on academic probation.

Section V - Criteria Used to Evaluate Grades

  1. The following will be counted as credits completed:

    A through D grades, and P

  2. The following will not be considered as credits completed:

    F, W, Q, I, AU, NR, and CR; Repeated Courses; Advanced Placement (AP);
    College Level Examination Program (CLEP);
    College Board Achievement Test in Foreign Languages (ACH)

  3. Repeated courses will not be counted towards satisfactory academic progress unless the student previously received a grade of F or D in a course, which a grade of C or better is required for degree completion. A student affected by either of these situations must notify our office for individual review.

Section VI - Schedule of Completion of Degree Requirements - Full-Time

Satisfactory academic progress is evaluated at the conclusion of each fall and spring semester.

A student who is registered as a full time student and completes fewer than the required number of hours may attend summer school to re-establish eligibility for financial aid. If the student attends an institution other than TCU, the individual’s academic dean must approve the coursework as applying toward a TCU degree. It is the student’s responsibility to notify our office after completing summer coursework.

Section VII – Schedule of Completion of Degree Requirements- Part Time

Satisfactory academic progress is evaluated at the conclusion of each fall and spring semester.

A student who is registered as a part time student and completes fewer than the required number of hours may attend summer school to re-establish eligibility for financial aid. If the student attends an institution other than TCU, the individual’s academic dean must approve the coursework as applying toward a TCU degree. It is the student’s responsibility to notify our office after completing summer coursework.

Section VIII - Financial Assistance Probation

A student will be expected to maintain satisfactory academic progress (TCU cumulative GPA) as defined in Section(s) I, II, III, and IV while in attendance. If the student does not maintain the requirements, he/she will be placed on financial aid probation. Failure to maintain the requirements will result in financial aid suspension. If a student is placed on academic or continued academic probation a second time during his/her academic career, the student will be placed on financial assistance suspension.

Section IX - Financial Assistance Suspension

Financial assistance suspension is the loss of aid for a specific period. The student will not be allowed to participate in any university, state or federal programs, including all educational loan programs. A student will remain on financial aid suspension until he/she is removed from academic probation.

Section X - Appeals Procedure

If a student is denied financial aid or academic scholarship because of lack of satisfactory academic progress, he/she may appeal the loss of aid. Appeals must be made in writing to the Scholarship Advisory Committee. (Appeal applications are available in the Office of Scholarships and Student Financial Aid and in the forms library at http://my.tcu.edu). The Scholarship Advisory Committee will meet June 30 and August 1 to review appeals for the fall semester. The Committee also meets in early January for the spring semester. Appeals must be received in the financial aid office by June 30 for the June meeting and August 1 for the August meeting. You may contact the Office of Scholarships and Student Financial Aid for the deadline to submit appeals for the January meeting. The student will be notified of the decision as soon as possible after the Committee meets.

Section XI - Reinstatement of Aid

If the appeal is denied or a student does not appeal, one of the following conditions must be satisfied before the student is eligible to receive aid again.

A student must attend TCU without the benefit of financial aid for two full semesters during the

regular academic year. In addition to maintaining the cumulative grade point average, the

student must also satisfy the requirements outlined in Section VI and VII before aid is reinstated.

OR

A student can cease enrollment at TCU for two full semesters during the regular academic year.

Assistance will be reinstated for one semester upon the student’s re-admittance. Renewal of aid

for the next semester will be based upon compliance with Sections I, II, III and IV. Please note,

hour requirements are not monitored for students ceasing enrollment.

Section XII

If an appeal or summer school work makes a student eligible for aid for the following year, the student will be considered for all aid for which he/she is eligible and for which funds are still available on the date eligibility is reinstated.

 

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