Grants are an additional type of aid you may see on your financial aid offer letter. Grants are based on financial need so a FAFSA must be completed to be considered for TLU, federal, or state grants.
Grants, unlike loans, do not require repayment
Since grant programs are based on financial eligibility, academic standing, and availability of funds, awards may vary from year to year.
Institutional (TLU) Grants
TLU Grant eligibility is based on need and require students to complete a FAFSA. Award amounts vary. Minimum GPA of 2.0 required for renewal.
Federal Pell Grant eligibility is based on need as determined by the federal government and the funding level approved by Congress. The maximum award per year is $6,095.
Federal Supplemental Educational Opportunity Grant (SEOG) funds are available to students who show high financial need and are eligible for the Pell Grant. TLU receives a limited amount of these federal funds each year to award to students.
Teacher Education Assistance for College and Higher Education Grant (TEACH) funds are available to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families. Grants are awarded up to $4,000 per year and can be used to replace the student's Expected Family Contribution (EFC). Students who receive a TEACH Grant but do not complete the required teaching service will be required to repay the grants as a Federal Direct Unsubsidized Stafford Loan. Interest will be charged from the date of each TEACH Grant disbursement.
TLU has been approved to offer TEACH Grants effective October 30, 2008. Students who have been accepted into the Teacher Education Program and who plan to teach in Bilingual Education, Math or Science may be eligible to receive the TEACH Grant if they meet the following criteria:
- Scored in the 75th percentile or higher on the SAT or ACT or have a minimum cumulative GPA of 3.25.
- Complete the Free Application for Federal Student Aid (FAFSA).
- Are a U.S. citizen or an eligible non-citizen.
- Sign a TEACH Grant Agreement to Serve (ATS).
- Complete TEACH Grant counseling each academic year.
Tuition Equalization Grant (TEG) funds are available to Texas residents who are determined to have high financial need. The maximum award per year is $3,364. To be eligible for renewal of this grant, you must complete at least 24 credit hours per year with a 75% completion rate and must maintain a minimum CGPA of 2.5.
5th Year Accounting Scholarship funds are available to students enrolled in Texas colleges and universities who have completed at least 120 hours of course work, including at least 15 semester credit hours of accounting, and who plan to take the CPA exam. The maximum award for per year is $5,000. Students must meet Satisfactory Academic Progress requirements and be enrolled at east half time to receive this award.