Applying for Financial Aid
Applying for financial aid has never been easier with TSTC’s step-by-step instructions guiding you through the application process. But don’t worry if you still have questions, TSTC’s financial aid professionals are available to help with a one-on-one consultation, through e-mail or by phone!
And remember, the key to obtaining financial assistance is to apply early.
You should apply as early as possible. Submitting your FAFSA is only the first step in applying for federal student aid.
To ensure that an aid package is available and ready, TSTC recommends that the completed file be received in the Financial Aid Office according to the following schedule:
Step by Step Instructions for Financial Aid
* Submit the FAFSA (Free Application for Federal Student Aid), based on the most current annual income tax information, by following the instructions at www.fafsa.gov. TSTC FAFSA code is: 0003634
You will receive a Student Aid Report (SAR) in the mail from the processing center within 2-3 weeks after you submit your FAFSA electronically. Or if you provided your email address, you will receive an email with a link to your SAR in 5-7 days.
Officially declare a major in the Enrollment Services Office. A major cannot be declared until all required transcripts are received by that office.
Note: Financial aid will not be credited to your student account until all transcripts are received.
Pre-register. If you register early, your financial aid, if processed, will be credited to your student account prior to the start of the term.
NOTE: Aircraft Pilot Training (APT) students must submit a copy of their Class II Medical Certificate before any financial aid can be credited to their student account. APT student budgets are adjusted to reflect flight costs. Any APT student who does not fly for a term may lose the budget adjustment.
What records do I need in order to complete my FAFSA?
What do I need to keep in mind when filling out the FAFSA?
Note: TSTC must have your complete and correct information by the last day of enrollment in the 2013-2014 school year.
TIP: January 1 is the first date that you are eligible to file the FAFSA. Try to submit the form as close as possible to this date since school, state and private aid deadlines may be earlier than federal deadlines.
Why is it important to submit accurate information?
It is critical that you fill out your FASFA form correctly and that the information that you supply can be verified by your school, your state, or by Federal Student Aid.
You may be asked to provide U.S. income tax return transcripts and other information. If you cannot or do not provide these records to your school when asked, you may not get federal student aid.
If you get federal student aid based on incorrect information, you will have to pay it back. You may also have to pay fines and fees. If you purposely give false or misleading information on your application, you may be fined $20,000, sent to prison, or both.
Standards for Academic Progress
Students who receive financial aid must be enrolled in an eligible program and are required to maintain the following standards of satisfactory academic progress (SAP). These measurements shall be used to determine eligibility for all federal Title IV aid, state and institutional aid, and for other financial assistance unless the terms of a particular grant or funding source require additional terms. SAP is calculated at the end of each term. Some aid programs require higher standards, such as higher grade point averages (GPA) or specific enrollment statuses. Students receiving financial aid must have a declared degree or certificate eligible program. Students are expected to be continually aware of their progress toward their completion. A student that fails to meet the standard of progress (SAP) may be notified by email at the email address on the student record; however, failure to receive notification will not change the SAP status.
TSTC Waco Verification Policy
The TSTC Waco Financial Aid Office verifies all financial aid applicants that are selected for verification by Central Processing Center along with any other students that may be selected by the Financial Aid Office. The Financial Aid Office WILL NOT award aid to a student until the verification process has been completed.
Students who are selected for verification will receive an email listing what forms must be completed and what other information must be submitted. Students may obtain these forms at http://www.waco.tstc.edu/financialaid/financialaidnewforms or may pick up the forms in the Financial Aid Office. Students are also able to view which forms are missing by logging into their WebAdvisor and clicking on the “My Documents” tab.
If you are selected for verification, we encourage you to submit the documents to us as quickly as possible. We perform verification in the order in which files become complete. Please remember that you will NOT receive any financial aid until this process has been completed!
During the verification process, we may determine that we need additional documentation. If so, you will receive another email notification. Once again, please respond quickly.
As a result of verification, we may be required to make changes to the information that you reported on your FAFSA. If that happens, you will receive another Student Aid Report that shows what changes were made. You can contact our office if you have any questions about why changes were made.
After the verification process is completed, your financial aid will be processed and we will send you an email regarding your award letter.