Texas College Grants and Loans
Texas GrantsTEXAS (Towards EXcellence, Access and Success) Grant This grant is to ensure that deserving Texans with financial need are able to attend college. All applicants must submit a Free Application for Federal Student Aid (FAFSA). The TEXAS Grant is renewable contingent on the student meeting certain academic standards. There are other requirements for this grant.
Texas Educational Opportunity Grant Program (formerly TEXAS Grant II) This grant is to provide assistance to needy Texans enrolled in Texas public two year colleges. The award can be as much as $4,190 per year depending on which school is attended. All applicants must submit a Free Application for Federal Student Aid (FAFSA). There are other requirements for this grant.
Texas Public Educational Grant (TPEG) Texas public colleges and universities provide these grants to financially needy students. Each school sets its own requirements for this grant. There were over 100,000 grants in 2002-03, the last year with data available. Check with the financial aid office of your school.
Texas LoansCollege Access Loans (CAL) Texas residents or those eligible to attend Texas public institutions at the resident rate may be eligible for the College Access Loans. You will need to be enrolled at least half time and meeting the academic standards of the school you are attending.
You do not have to demonstrate financial need, but you will need a co-signer with good credit. You can choose either a fixed or floating rate of interest. Payback is over ten years. See http://www.cpa.state.tx.us/scholars/aid/txcal.html for more information.
Health Education Loan Program (HELP) If you are studying in medicine, osteopathy, dentistry, podiatry, veterinary medicine, pharmacy, public health, nursing, and allied health, you may be eligible for a Health Education Loan.
You do not have to demonstrate financial need, but you will need a co-signer with good credit. Interest is 5.25%. For more information, visit http://www.cpa.state.tx.us/scholars/aid/lhelp.html.
For more information on Texas state grants and loans, please visit the College For Texans website.