Types of Financial Aid
- Federal Pell Grant
- Pell Grant is a federally-funded program designed to help students pursuing their first bachelor's degree. Pell Grants provide eligible students with a foundation of financial aid to help defray the cost of post-secondary education. Students must complete the FAFSA to determine eligibility.
- Texas Grant Program
- The Toward EXcellence, Access & Success (TEXAS) grant was established in 1999 by the Texas Legislature to provide need-based financial aid to Texas students who completed a college-preparatory curriculum in high school. Eligible students may receive an amount up to the cost of required tuition and fees each academic year of eligibility (some restrictions apply). To be eligible for the TEXAS grant, students must be a Texas resident, graduated from a public or accredited private high school no earlier than fall 1998, and demonstrate exceptional financial need as determined by the Free Application for Federal Student Aid. Students must also be fully admitted. Preference will be given to students with the lowest EFC (Estimated Family Contribution) and will continue as funds permit.
- Federal Supplemental Educational Opportunity Grant
- The FSEOG is a federally-funded, need-based program designed to assist students who demonstrate exceptional financial need and who, without the grant, would be unable to continue their education. Applicants must be working on their first bachelor's degree and be enrolled at least half-time. Students must complete the FAFSA to determine eligibility for the FSEOG. It is a campus-based federal program and funding is limited to amounts allocated by the Department of Education.
- State Grant and Scholarship Programs - Texas Coordinating Board
- These grants are authorized by the State of Texas. Contact the SRSU Financial Aid office for award criteria for these programs.
- Texas Public Educational Grant (TPEG)
- Tuition and Fees Exemption Programs
- Texas Grant
- Federal College Work Study
- The FCWS Program provides part-time, on-campus employment for U.S. citizens, permanent residents and certain other non-citizens who are half-time students and have a demonstrated financial need. The maximum amount a recipient may earn under this program is determined through the Free Application for Federal Student Aid (FAFSA).
- Institutional Student Employment
- Institutional Student Employment provides part-time, on-campus employment for U.S. citizens, permanent residents, and certain other non-citizens who are half-time students, but does not require demonstration of financial need. Students employed under these program are paid minimum wage and may work up to 19 hours per week (depending on eligibility and class schedule). Funds are distributed on a monthly payroll basis.
- Federal Direct Stafford Loan Program - Subsidized and Unsubsidized
- Parent Plus Loans
- Federal Perkins Loan Program