|
Affordability And How Financial Aid Help
 More than two-thirds of our students receive some sort of financial assistance
When you are admitted into college, you and your family will have a variety of questions
about how your family will be able to maintain the costs for your college education.
One of the most frequently asked questions among college applicants is, “How do I
cover the costs for tuition, housing, meals, transportation and books.” Each family’s
strategy will be different based on their personal circumstances. There are numerous
options available to make your education affordable. Texas Southern University offers
many financial aid options to help you pay for college costs. Within this site you
will find information about applying for financial assistance, costs, types of aid
and more.
Estimated Cost For the 2018-2019 Academic Year
Note: This is an estimated projection and not a binding contract with TSU. All fees
are subject to change.
| Example: Undergraduate On-Campus Student with 15 credit hours |
|
In-State |
Out-of-State |
| Tuition and Fees |
$9,200 |
$21,622 |
| Room & Meal (1) |
$9,664 |
$9,664 |
| Books and Suppliers |
$1,640 |
$1,640 |
| Personal |
$2,510 |
$2,510 |
| Transportation |
$2,356 |
$2,356 |
| Total |
$25,370 |
$37,792 |
|
|
(1) Housing costs may vary depending on room type and meal plan chosen.
Financial Aid Application
The first and most important step is to apply for financial aid. Fill out the Free
Application for Federal Student Aid (FAFSA) or TASFA. Make sure that you complete the application before the March 15 priority deadline.
The FAFSA provides access to federal and state based programs for all eligible students.
If you are a citizen or permanent resident, you should complete the FAFSA.
If you are not a U.S. citizen or permanent resident, but you are a Texas Resident,
you should complete the TASFA.
Students that are classified as Texas Residents who cannot apply for federal financial
aid using the Free Application for Federal Student Aid are encouraged to complete
the TASFA. To use this application, you cannot be paying the Texas resident tuition
rate due to a waiver such as an in-state scholarship or an assistantship. Nonresidents
paying the resident rate due to a waiver are still nonresidents.
Four Types of Financial Aid
1. Scholarships
In order to be considered for Texas Southern University achievement-based and need-based
awards, complete the Free Application for Federal Student Aid (FAFSA); Texas Southern
University’s institutional code for the FAFSA is 003642.
Awards are renewable for up to three additional years of study if you complete 15
credits each semester, maintain the annual grade point average specified in the award
notification, and remain in good disciplinary standing at the University.
2. Grants
Grants are awards that the recipient does not have to repay or “free” money. Grants
are provided through federal and state agencies. Most are awarded based on need, but may also include academic performance.
Most require the FAFSA for consideration. Early application is encouraged for students
wishing to maximize their opportunity to receive a grant.
Available to U.S. residents:
Available to Texas Residents Only:
For a full over of all the programs available to Texas Residents visit, “College for all Texans”
3. Student Loans
The federal government offers low-interest student loans for higher education through
the Federal Direct Loan Program. Funding is awarded based on the student’s classification,
dependency status and cost of attendance. Although repayment of your loans may not
begin until after you leave or drop below half-time enrollment, interest may accumulate
while you remain enrolled depending on the type of loan borrowed. You should not be
afraid to take out federal student loans, but you should be smart about it. There
are flexible payment options and other discounts, as well as delayed repayment options.
Interest paid on student loans is tax-deductible.
4. Work-Study Programs
Work-Study provides part-time jobs for undergraduate and graduate students with financial
need, allowing them to earn money to help pay education expenses. TSU has a variety
of options in on-campus and off-campus non-profit settings. The Work-Study program encourages
community service work and work related to the student’s course of study. Students
are limited to 20 hours per week and pay scales range from $8.00 to $10.00 per hour.
The work-study job board is the place to start looking at employment opportunities
in the work-study program.
|
