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HOW TO APPLY
To apply for financial aid, students must complete the Free Application for Federal Student Aid (FAFSA) for the appropriate academic year. Applications are available online at http://www.fafsa.ed.gov, may be obtained from the Financial Aid Office at the University of Texas at Tyler, or you may have an application mailed to your home by calling 1-800-433-3243. Once the FAFSA is processed through the Central Processing System, a Student Aid Report (SAR) is mailed to the student. The schools listed on the FAFSA will receive the processed information electronically from the processing center. The SAR provides the student's Expected Family Contribution (EFC), which the school will use to determine the student's eligibility for the various financial aid programs in which the school participates.
HOW FINANCIAL AID ELIGIBILITY IS DETERMINED
To determine aid eligibility, the school computes the cost of
attendance for the student based on average costs for tuition and
fees, books and supplies, room, board, transportation, and personal
expenses. The Expected Family Contribution (EFC) (produced from the Free Application for Federal Student Aid) and any other
resources the student may receive (such as scholarships, agency
awards, tuition exemptions, etc.) are subtracted from the cost of
attendance to define the student’s financial need. The Financial Aid
Office attempts to provide a “package” of gift and self-help aid to
meet the student’s need with the available financial aid resources.
An E-mail Notice is sent to the student's Patriot e-mail account with instructions for on-line acceptance. Non-degree seeking students are NOT
eligible for financial aid.
NOTE: Students may request a re-evaluation of their financial aid award based on the following:
- Dependent childcare expenses paid by an independent student.
- Full-Time Enrollment
- Change in Housing Status
See "Forms & Applications" page for Financial Aid Re-Evaluation request form.
HOW & WHEN FINANCIAL AID FUNDS ARE DISBURSED
Tentative funding for grants and scholarships are made available
for students to use for the payment of tuition, fees, books, and
supplies. Enrollment is checked and awards are adjusted to reflect
the student’s eligibility for the semester. Students must be enrolled
for the appropriate number of hours at the close of business
on the Award Confirmation Date (see the financial aid calendar) to qualify for financial aid
funding.
If the aid adjustment causes a student’s charges to become unpaid,
it is the student’s responsibility to pay the unpaid charges in a timely
manner. If award funds are remaining after all the student’s expenses
have been paid, the unused portion of the awards will
be released to the student through the method the student chooses when they activate their Swoop OneCard. Disbursment
dates are listed in the Financial Aid Calendar. See Student Business Services for refund information.
Federal Stafford Loan funds (both subsidized and unsubsidized) are
paid in two equal installments (usually half in the fall semester and
half in the spring). Subsidized and Unsubsidized Stafford Loan
funds are electronically transmitted to UT Tyler. UT Tyler confirms
the student borrower’s continued eligibility and credits the loan disbursement
to the student’s account. Student loan funds received
prior to Award confirmation date will pay BEFORE grants. If loan
funds are remaining after all the student’s expenses have been
paid, the unused portion of the loan(s) will be released
to the student through the method the student chooses when they activate their Swoop OneCard. Student Loan and Parent Loan for Undergrate Students (PLUS) refunds are released according to
the Financial Aid Calendar, provided the funds have been received and the student
is enrolled and eligible. Borrowers have 14 days after student loan
funds are received by the school to decline the loan funding. See Student Business Services for further information.
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