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General Financial Aid Information
How
will I receive my refund?
Students will receive all refunds through a 3rd party bank (Higher One). All
registered students receive a TAMIU Debit Card through the mail to the address
that is on file at the University. The card must be activated at www.tamiudebitcard.com where
you will be given two options in which you can receive your refund: opening a Higher One Account (1 day to receive refund) or ACH Transfer (2-3 days to receive refund).
Visit the Higher
One EasyHelp Website for more information.
When
will I receive my refund?
It varies by student. It is highly recommended that students
log-on to UConnect to view their account summary by term to check if a refund has been processed. Initial refunds are processed after the census date of each semester; after the 12th class day during the fall and spring semesters and after the 4th class day during summer sessions I and II.
Students may also logon to www.tamiudebitcard.com to
view refund activity
Who
qualifies for financial aid?
Anyone who completes a financial aid folder and meets our Satisfactory
Academic Progress (SAP) Policy qualifies for some source of institutional,
state or federal financial aid.
What
is your school code?
Our school code is 009651
How
do I apply for work study?
Students interested in work study positions need to apply online at Dusty Works. Students MUST have a complete financial
aid folder to be considered for employment.
Who
qualifies for Stafford loans?
Students who have attended ENTRANCE counseling at TAMIU,
have not DEFAULTED on a federal loan, submit a FAFSA and have a complete financial aid folder,
enroll for at least 6 hours and meet our SAP policy.
What
types of grants and loans are available?
There are institutional, state and federal grants and loans.
What
do I need to do if I am transferring from another institution?
Students transferring from another institution need to include our school
code (009651) on their FAFSA, complete a financial aid folder with our
institution and meet our Satisfactory
Academic Progress (SAP) Policy.
Should
I apply even though I might not qualify?
Yes, students are encouraged to fill out a FAFSA even if they feel they
might not qualify. Most students qualify for some type of aid whether
it be grants, scholarships or student loans.
Are emergency loans available?
Yes. Emergency loans are available on a first-come, first-serve basis. Students must be
enrolled before they apply for emergency loans. There are two types of
emergency loans--Emergency Tuition Loans and Book Loans. The Business Office processes Emergency Tuition and Book Loans. A fee must first be paid at the Business Office
for both types prior to the processing of the loan(s). Students who have an outstanding balance from a previous emergency loan are not eligible for additional loans.
What
are your office hours?
Monday and
Tuesday from 8:00am to 5:00pm, Wednesday
and Thursday from 8:00am to 7:00pm and Friday from 8:00am to 3:00pm.
Summer schedule is as follows: Monday-Thursday, 8:00am to 6:00pm and Friday from 8:00am to 12:00pm.
I am a transfer student who was denied financial aid at my last institution, can I qualify
at TAMIU?
Students who are transferring from another institution may
qualify for financial aid at our institution if they have a complete
financial aid folder and meet TAMIU's Satisfactory
Academic Progress Policy.
May
I speak to a director?
Yes, students may speak with an Associate Director or with the Financial
Aid Director as needed.
Is
my folder complete?
Students can log-on to Uconnect to view the status of their financial aid folder. Click on the "My Business" tab and any outstanding Financial Aid Requirements are displayed on the left hand side.
Do
I have any financial aid holds?
Students can log-on to Uconnect to see if they have any financial aid holds. Click on the "My Business" tab then click on the "Holds" link in the Financial Aid Requirements box on the left hand side.
What
is the difference between an Emergency loan and a Stafford Loan?
Emergency loans are offered from institutional funding (TAMIU) and need to be
paid back by mid semester. A student does not need to be eligible for financial aid in order to apply for an emergency loan.
Stafford loans are federally funded and students must meet certain eligibility reqirements to qualify (see "Who qualifies for Stafford Loans?") Students have six months after they graduate or drop
below 6 hours of enrollment before the first payment is due on their loan.
Can
I receive Pell Grant even if I am enrolled for only 3 hours?
Yes, as long as you have a complete financial aid folder, meet the SAP policy and your EFC (Expected Family Contribution) is less than 3900 for the 2009-2010 academic year.
All I want are loans, do I still need to submit a FAFSA?
Yes. All federally funded programs, including Stafford Loans, require students to submit a FAFSA. Because the government makes these loans available to students on a non-credit basis, students must meet federal eligiblity requirements and these are verified through the FAFSA application.
How do I buy my books?
Students who are receiving financial aid can purchase their books and supplies at the University Bookstore by charging them to their student account. Students must have a complete financial aid folder, be registered for classes and their amount of aid must exceed the total tuition and fee charges for the semester. This service is only available in person, you cannot charge your books online.
Please see Purchasing Books with Financial Aid for more information.
If you do not have financial aid, please contact the Business Office for book loans.