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 or by the school 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.
Annual Maximum Awards
- The maximum scheduled Pell Grant award for the 2011-2012 award year is $5,550 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
For purposes of federal financial aid programs at TSTC Waco, an academic year is a period of time (normally a minimum of 30 weeks during the fall and spring semesters) during which a full-time student is expected to complete a minimum of 24 credit hours.
- Annual grant limits are tied to the completion of an academic year.
- TSTC Waco’s definition of an academic year is 45 weeks during which a full-time student is expected to complete a minimum of 36 credit hours. Students are awarded 1/3 of the scheduled Pell award each semester.
New Pell Policies
Eligibility Limit and Disbursement
Students who receive their first Pell Grant on or after July 1, 2008 may receive Pell Grants for as many as 18 full-time semesters (or the equivalent).
Effective July 1, 2009 students enrolled in a certificate, associate, or baccalaureate program may receive up to two Pell Grants in one award year to accelerate their program.
- Determination must be documented and made on a student by student basis
- Student must submit a statement and supporting documentation which supports they were unable to accelerate their progression because of events beyond their control.
- Documentation must be sufficient to demonstrate the events were beyond the students control
- Documentation must include evidence the event was substantial enough to prevent the progression by the student
- Documentation may be supported by professionals including faculty, counselors, physicians, ministers, or police reports and/or court documentation.
- Special Adjustments for children of deceased service members
The Higher Education Opportunity Act of 2008 grants an automatic zero EFC for the Federal Pell Grant Program ONLY to Federal Pell Grant eligible students whose parent or guardian was a member of the Armed Forces and died in Iraq or Afghanistan after September 11, 2001.