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Austin Community College Tuition Assistance Program is established to assist economically disadvantaged students who reside in the ACC District service area. It is designed to provide assistance to pay tuition and fees beyond the level of an in-district student. Economically disadvantaged students will be defined as students who meet the Federal Eligibility for PELL Grant. For PELL eligible students, this assistance will only be awarded if the PELL grant funds are not available at the time tuition payment is due. An eligible student may receive assistance to pay for tuition and fees beyond the level of an in-district student. Texas Tuition Assistance Grant (TTAG) is a grant award funded through the Texas Higher Education Coordinating Board. A student must be a Texas resident, be enrolled on a full time basis, must show financial need (low income), must have graduated from a secondary school within the last two years, and must have a secondary (high school) GPA equal to or greater than the equivalent of 80 on a scale of 100. Available for renewal students only. Texas Grant Fund is a grant funded through the Texas Higher Education Coordinating Board. A student must be a Texas resident, be a graduate of a public or accredited private high school in Texas, graduated not earlier than 1998-99 school year, completed the recommended or advanced high school curriculum and have financial need. Check with the financial aid office for additional requirements. Texas New Horizon Scholarship is a grant funded through the Texas Higher Education Coordinating Board. A student must be a Texas resident, be enrolled at least in a half time status, must meet the academic progress requirements of the institution. Please check with the Financial Aid Office for additional requirements. Non-Texas residents should check with their home state for additional information or other state programs. Loans Loans must be repaid. Students who are awarded any loan under the Federal Educational Loan Program (FELP), will need to attend a pre-loan counseling session. This session provides additional information about the loan programs, monthly repayment, deferments, grace period, and cancellations. Federal Subsidized Stafford Student Loan is insured by the federal government. This has a variable interest rate with a six-month grace period, and minimum monthly repayment of $50. Depending on the student’s established need, up to $2,625 may be borrowed during |
the freshman year, $3,500 during sophomore year. Contact the ACC Financial Aid Office for required forms and additional loan information. Federal Unsubsidized Stafford Student Loan is for students who meet all other eligibility requirements but do not qualify in whole or in part for a Federal Subsidized Stafford Loan. Students will be responsible for all interest that accrues on the loan from the date of disbursement forward. Federal Parent Loan (PLUS) is available for parents of dependent students to help pay for school costs. The interest rate is a variable rate. Repayment of this loan begins 60 days after disbursement of funds. The parent chooses his/her lender. Applications and additional information are available at the Student Financial Aid Office. College Access Loan (CAL) is available to Texas residents enrolled halftime and in good academic standing. A co-signer is required. This is at 9% interest which will accrue (but not capitalize) during enrollment. Repayment begins 6 months after student ceases halftime enrollment. The loan is not need-based. Annual loan limit is $7,500. Work-Study College Work-Study is a federal or state campus based program offering students an opportunity to earn money through work. This is available to undergraduate students who demonstrate financial need. ACC pays an hourly rate beginning at $8.25 - $9.50. A work-study student may not work more than 19 hours per week. Scholarships All scholarships offered at ACC are made available by private donors. For more information regarding scholarships, contact the Student Financial Aid Office. |
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