The Federal Pell Grant is normally considered the foundation of financial assistance to which other assistance may be added. Eligibility is determined by a need analysis established by Congress and calculated by the U.S. Department of Education. The calculation, which is known as the Expected Family Contribution (EFC), is reported on the Student Aid Report (SAR). The SAR is a compilation of the information you furnished on the FAFSA.
The amount of the Pell award will be calculated using your EFC, your Cost of Attendance (COA) i.e. tuition/fees, room/board, transportation; your enrollment status i.e. full-time, half-time; and whether you attend school a full academic year or less.
Pell Grants are awarded to only undergraduate students who have not earned a bachelor’s or professional degree. These grants are targeted to students with high need. Even if you do not qualify for a Pell Grant, you may be eligible for other forms of financial assistance.
The Federal Supplemental Education Opportunity Grant (FSEOG) is reserved for undergraduate students with the greatest financial need, i.e., those with the lowest EFCs. FSEOG funding is limited. Each Title IV institution receives a predetermined amount of funds for the year. Each institution has established criteria for awarding these limited funds.
UT Permian Basin awards these funds until they are depleted. They are awarded to only zero (0) EFC students in the order of file completion. The amount a student may receive will depend on the availability of funds and the number of qualified candidates.
Note: Texas Grants are awarded on a first-come-first-serve basis to accepted registered eligible students. Awards are processed during the summer prior to the fall semester. The Admission date of acceptance is used to determine the list of students. All eligible students may not receive an award.
Toward EXcellence, Access, & Success (TEXAS) Grant Program
The purpose of the program is to provide a grant of money to enable well-prepared eligible students to attend public and private nonprofit institutions of higher education in Texas.
Who can compete for an award? A student who:
- is a Texas resident;
- completes and submits the Free Application for Financial (FAFSA) and demonstrates financial need;
- has applied for any available financial aid or assistance;
- enrolls at least 3/4 time in an undergraduate or certificate program within 16 months of high school graduation;
- has not been convicted of a felony or a crime involving a controlled substance; and
- meets one of the following two requirement:
1. graduated from a public or accredited private high school in Texas no earlier than Fall 1998, having complete the recommended or distinguished achievement high school curriculum or its equivalent; and enrolled in an eligible college or university within 16 months of high school graduation; or
2. received his/her associate degree in May 2001 or later and enrolled in a higher level undergraduate program within 12 months of receiving the associate degree.
How much can a student receive through the program?
The award amount depends on the tuition and fees to be paid by the student. In general, it is an amount equal to the student's tuition and required fees a the public institutions.
Is this a one-time award?
No. Students who qualify on the basis of their high school curriculum and who continue to meet program academic standards in college can receive awards for up to 150 credit hours or for six years or until they receive their bachelor's degree, whichever comes first. In the first year of college, the academic standards are set by the institution. In subsequent years, the requirements are completion of at least 75 percent of the hours taken in the prior year, plus an overall grade point average in college of at least 2.5 on a 4.0 scale.
Students who qualify on the basis of an associate degree and who continue to meet program academic standards in college can receive awards for up to 90 semester credit hours for four years, or until they complete a baccalaureate degree, whichever occurs first. The academic standards are completion of at least 75 percent of the hours taken in the prior year, plus cumulative grade point average in college of at least 2.5 on a 4.0 scale.
How and when do students apply?
Students complete the Free Application for Financial Aid (FAFSA) while they are seniors in high school and every year afterward. The FAFSA will determine financial need for many federal and state programs, including the TEXAS Grant. Student can obtain a FAFSA from a high school counselor or by calling 1-800 4-FED-Aid (1-800-433-3243). With access to the internet, a student can complete the FAFSA online at www.fafsa.ed.gov. The FAFSA should be filed as soon after January 1 as possible because funding is limited.
The Texas Public Education Grant (TPEG) is available to resident Texas students who demonstrate financial need and who have completed the FAFSA and UTPB’s General Financial Aid Application by June 1st. This grant can not be awarded for any specific purpose other than meeting all or part of a student’s demonstrated financial need.
HOW TO APPLY
Students must complete the FAFSA in order to apply for grants. Grant awards are based on the estimated family or individual contribution and the student's budget.
Questions (e-mail to a financial aid representative)