Financial Aid & Scholarships
Basic Information for 2014-2015
Awards and Basic Information
The Office of Financial Aid and Scholarships continues to process financial aid applications on a daily basis and awarded weekly for records that meet the completed requirements.
This page and various pages of our website we will keep everyone abreast of the latest in the realm of financial aid.
*Specific online programs have different release dates due to the length of the terms. Information regarding release dates can be found at the Online Programs page.
The earliest federal and state financial aid can be credited to university student accounts, is 10 days prior to the first day of classes for the semester. Below are the dates when we will start to release financial aid for those students meeting all financial aid requirements in the semester. The dates represent when financial aid will start to be released to the Office of Student Accounts.
|starting at 5:00pm the day of August 15, 2014|
|starting at 5:00pm the day of January 12, 2015|
Dates can also be found an the Academic Calendar.
*Special Note for one semester only loans
Federal loan programs must always have two disbursements in any one loan period. The loan period is the first day of the semester through the last day of the semester. The 1st installment will occur no earlier than 10 days before the 1st class of the semester. The 2nd installment will occur after the midpoint of the loan period or the after the middle of the semester.
On the disbursement date for a semester, financial aid is released to the Office of Student Accounts. The Office of Student Accounts takes the financial aid that was released to them and subtracts what the student owes for the semester. If the student has more financial aid than what they owe for the semester, they will have a credit balance. The Office of Student Accounts changes that credit balance into a refund and sends the electronic file to Higher One for processing and distribution of the refund to the student. All refunds require several business days to process. When a refund entry appears on your student account, you should add at least five to seven working days to the refund date to get an estimated completion date. Delivery time to your bank account or mail address will vary. If you change your registration (add and/or drop courses) after your refund was released to you and a balance appears on your student account, you will need to pay the balance with the proceeds of your refund.
For more information, contact the Office of Student Accounts at 903-886-5050 or 903-886-5501. You can also e-mail them at Student.Accounts@tamuc.edu or visit their website. Also visit the Refunds webpage or the Higher One webpage.