TSTC Waco Pell Grant Policy
Established July 1, 2011
Students must annually complete the Free Application for Federal Student Aid (FAFSA) to apply for all federal financial aid programs. This includes the Federal Pell Grant Program. Students who are selected for verification by the Central Processing System, by the school or who have eligibility issues that must be resolved, must turn in all requested documentation to the Financial Aid Office. TSTC Waco will not make any financial aid awards until the verification process has been completed. Students will be notified of their status. Please refer to TSTC Waco Verification Policy.
Annual Maximum Awards
- The maximum scheduled Pell Grant award for the 2013-14 award year is $5,645 for students enrolled on an full-time basis. PLEASE NOTE: This amount is subject to change based on program funding.
- The maximum amount can change each award year and depends on program funding. The amount you get, though, will depend not only on your financial need, but also on your costs to attend school, your status as a full-time or part-time student, and your plans to attend school for a full academic year or less.
Key Concepts and Definitions
- Annual grant limits are tied to the completion of an academic year.
- TSTC Waco’s definition of an academic year is 45 weeks during a 12-month period during which a full-time student is expected to complete a minimum of 36 credit hours. Students are awarded 1/3 of the scheduled Federal Pell award each semester.
The Higher Education Opportunity Act of 2008 grants an automatic zero EFC for the Federal Pell Grant Program to Federal Pell Grant eligible students whose parent or guardian was a member of the Armed Forces and died in Iraq or Afghanistan after Sept. 11, 2001.