Types of Aid
Grants
There are several federal and state grant programs available to students who meet certain eligibility criteria. Each grant program has specific eligibility requirements. These programs require students complete the Free Application for Federal Student Aid (FAFSA) each school year. Grant funds do not have to be repaid.
Scholarships
Institutional scholarships are awarded by each school. Eligibility criteria and the application process varies between each school. Students may also apply for outside scholarships through a variety of sources. Scholarship funds do not have to be repaid. *You should never be asked to pay a fee for scholarship applications or searches.
Student Loans
There are a variety of student loans available to help students finance their education, including federal, state, and private/alternative loans. Before making a decision to borrow a student loan, students and parents should review the Federal Student Aid website for Federal vs. Private Loan information.
Student loans do require repayment and students have the right to reduce or cancel a student loan at any time by notifying the Financial Aid Office in writing.
- Federal Direct Loan Programs
Students may apply for a Federal Direct student loan by submitting the Free Application for Federal Student Aid (FAFSA) These loans include the Direct Subsidized Loan, Direct Unsubsidized Loan, and Direct PLUS Loans.
Federal Direct Subsidized and Unsubsidized loan programs
PLUS loans - Private and Alternative Educational Loans
These loans are available through the state and various private lenders. These loans require a separate application from the FAFSA and eligibility criteria varies for each lender. The lender will conduct a credit check to determine eligibility and a co-signor may be required.
Additional Loan Programs
*Please note that TTUHSC provides a list of some available lenders for students to use as starting point and lenders are evaluated annually for inclusion. Students are not limited to selecting a lender from this list and TTUHSC does not receive any benefits in exchange for placing a lender on this list. A borrower should never be directed to a specific lender by the University.