TTUHSC Financial Aid
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What is financial aid and where does the money come from?



types of aid

Financial aid is intended to assist those individuals who need additional funds to finance their education. This aid may come in the form of grants, scholarships, or loans. The funds may be from the federal government, your state, your college, bank, credit union or private sources.


There are several federal, state, and institutional grant programs available to those students who are eligible, and each type of grant has specific eligibility requirements. These funds do not require repayment. Grants are applied for by submitting the Free Application for Federal Student Aid (FAFSA).


There are several institutional or outside scholarships available to those students who qualify. These funds do not require repayment. *You should never be asked to pay a fee for scholarships applications or searches.

• Institutional scholarships may be applied for through the student’s school of enrollment.

Outside scholarships are also available through a variety of sources.


There are a variety of loans available to help students finance their education, including federal, state, and private or alternative loan programs. Loans do require repayment.

*Before making the decision to borrow, students and parents should review the following information:

 •Why select a Federal Loan vs. Private Loans?

 •The lenders on our Lender List are evaluated annually to be considered for inclusion.

 •TTUHSC does not receive any benefits in exchange for placing a lender on the Lender List.

 •A student or parent borrower may select any lender and is not restricted to the lenders presented on the TTUHSC Lender List.

 •A borrower should not be directed to any specific lender by the University.

 •For lender specific borrower benefits, including guarantee and origination fee information, please refer directly to the lender’s website.

 •A lender may retain the borrower’s promissory note while in school and through the repayment time period, while other lenders may sell the note to a secondary market for repayment. A borrower should contact the lender selected to determine their specific process.

 •A borrower has the right to cancel their student loan, in part or in full.  Notify the TTUHSC Financial Aid Office to make this request.

Federal Direct Loan Program

These loans include subsidized, unsubsidized, Parent PLUS, and Grad PLUS. The student must submit a FAFSA prior to applying for any Federal loan. Click here for more information on Direct Loans.

Direct Subsidized Loan is a low-interest loan available to undergraduate students only. The loan application process begins by submitting the Free Application for Federal Student Aid (FAFSA).  The Federal Processor will determine your Expected Family Contribution and if you meet the need requirements for the loan. The lender for this loan is the U.S. Department of Education.

Direct Unsubsidized Loan is a low-interest loans available to both undergraduate and graduate/professional students. This loan is applied for by submitting the Free Application for Federal Student Aid (FAFSA). The lender is the U.S. Department of Education.

Direct Parent PLUS Loans Parents of dependent students may apply for a Direct PLUS Loan to help pay their child's education expenses. The FAFSA application must be completed before applying for this loan. To be eligible for a Direct PLUS Loan for Parents:

• The parent borrower must be the student's biological or adoptive parent. In some cases, the student's stepparent may be eligible.

• The student must be a dependent student who is enrolled at least half-time.

• The parent borrower must not have an adverse credit history (a credit check will be done).  If the parent does not pass the credit check, a cosigner may be used.

• The student and parent must be U.S. citizens or eligible non-citizens.

• They must not be in default on any federal education loans or owe an overpayment on a federal education grant.

• They must meet other general eligibility requirements for the federal student aid programs.

Federal Direct PLUS Loan Program

Federal Direct Grad PLUS Loans  are available to Graduate and Professional Students. The FAFSA application must be completed prior to applying for this loan.

Private Educational Loans

Alternative and Private Student Loans are offered through a variety of lenders, and they may be applied for separately from the FAFSA.  Students may start their search for a lender at one of the following websites.

 Elm Select

Texas Higher Education Coordinating Board

Minnie Stevens Piper Foundation Student Loan Program 


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