Financial Aid Information | Texas Tech University Health Sciences Center

Financial Aid Information

Financial Aid Information Page

All programs require that you be a U.S. citizen/permanent resident. Some require Texas residency. You must be enrolled at least half-time (6 hrs.) and show calculated financial need. To have your calculated need determined, you must complete the Free Application for Federal Student Aid (FAFSA). The income and assets you report are analyzed using a federal formula called federal Methodology and reported back to the financial aid office.

LOANS:

(Funds received from any of these programs require repayment by the student.) Federal Stafford student Loan. Based on financial need. A separate Federal Stafford Loan Application/Promissory Note form must be completed. Loan amounts are determined by calculated need or the following ceilings, whichever is smaller: Graduate/Professional Students - $8,500/year.

Graduate's aggregate total may not exceed $65,000 including undergraduate loans. Federal Unsubsidized Stafford Loans - Not based on financial need. You must indicate Unsubsidized on the Stafford Application. Federal Perkins Loan Program - Based on financial need. Funded by the Department of Education. The average loan is $1,000 to $2,500. No separate application required. Perkins' funds are very limited, making only a few loans available.

Health Education Loan Program (HELP) Based on financial need. Part of the Hinson-Hazlewood Program. Separate application is required. This loan will not consolidate. You must be a resident of Texas or eligible to pay resident tuition rates. You must be enrolled on a full-time basis.