Welcome to the Financial Aid page of our website. Let us assist you in receiving the resources necessary to reach your educational goals.
FINANCIAL AID AND TUITION ASSISTANCE
Texas Health School is an eligible institution participating in selected Federal Title IV financial assistance programs. The primary responsibility for meeting the costs of education is that of the individual student and their families. Financial Aid funds are available to supplement the funds provided by students and their families. It is the goal of Texas Health School that no student should be prevented from achieving their educational goals because of limited financial resources. To meet this goal the school maintains a program of grants and loans for eligible students who are accepted and enrolled as certificate seeking students in good standing.
All students are encouraged to apply for tuition assistance. Students who do not qualify for financial aid or who do not wish to apply for educational loans may make monthly tuition payments to the school. Payment arrangements will be made with the Financial Aid Office. Final payment is due prior to starting clinicals and/or externship.
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Texas Health School has a full-time financial aid staff on campus to counsel and assist students on the various financial aid programs available to qualifying students in pursuit of higher education goals. The financial aid department maintains a 9:00 a.m. to 7:00 p.m. schedule, Monday through Thursday. The office opens at 9:00 a.m. on Friday and closes at 5:00 p.m. During these hours, this department is available to all students. Appointments may be made for non-scheduled hours when necessary.
APPLICATION PROCEDURES Students seeking any type of financial aid should apply with the Financial Aid Office. Applicants are strongly encouraged to apply early to ensure they have a completed financial aid package and funds for which they are eligible can be disbursed in a timely manner.
Students should complete a Texas Health School Financial Aid Application and the Free Application for Federal Student Aid (FAFSA) to begin the application process. These forms are available at the Financial Aid Office or refer to the Texas Health School web site www.ths.edu or apply on-line at www.fafsa.ed.gov. Students and/or parents who wish to apply for loans can submit their applications electronically via the school’s web page. The Financial Aid Administrator reviews the School’s Application for Financial Aid, the Free Application for Federal Student Aid (FAFSA) and other required financial paperwork. The Financial Aid Administrator utilizes a needs analysis system at the time of the student’s interview, and the student’s eligibility is determined. The Financial Aid Administrator will review available funds and discuss tuition payment plans.
DETERMINING STUDENT NEED
Financial need is calculated to determine the student’s eligibility for financial aid. Financial need is the difference between the total cost of attending the school (cost of attendance) and the amount of the student and/or family’s financial resources (expected family contribution). The total cost of attending the school may include tuition, fees, books, supplies, room, board, transportation, personal, and miscellaneous expenses. Through the use of the Expected Family Contribution, a determination is made of the amount of funds the student and/or parents can contribute toward meeting educational costs. Students with financial need will be considered for financial assistance. To determine the Expected Family Contribution (EFC) the calculation formula used is the Federal Need Analysis, mandated by the U.S. Congress. The Expected Family Contribution is calculated by information provided on the Free Application for Federal Student Aid (FAFSA) and reported on the Student Aid Report (SAR), which is mailed to the student by the federal processor.
Financial Aid may not cover the entire cost of attendance. Students may be expected to provide monthly payments towards meeting the cost of their education.
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TITLE IV PROGRAMS IN WHICH TEXAS HEALTH SCHOOL PARTICIPATES
Texas Health School participates in the Federal Pell Grant Program (FPELL) and the Direct Stafford Loan Program. In addition to the information below, a detailed description of these programs is provided in Federal Student Guide and is available free of charge through the Financial Aid Office at the school or online at the U.S. Department of Education Federal Student Aid website: www.studentaid.ed.gov
FEDERAL PELL GRANT (FPELL)
The Pell Grant is not a loan and therefore requires no repayment. The federal grant program is for any eligible undergraduate student pursing a post-secondary education. The amount of the award is determined by demonstrated financial need, program lengths, and available federal funding levels. (refer to The Federal Student Guide)
FEDERAL DIRECT STAFFORD LOAN
Stafford Loans are Federal student loans for students attending school at least half-time. This program is a low-interest rate, long-term loan program for undergraduate and graduate students who have financial need. Stafford Loans are a legal obligation and must be repaid. Federal funding levels determine the amount and availability of these loans. (refer to The Federal Student Guide)
Direct Subsidized Federal Stafford Loans
These loans are based on financial need. The federal government pays the interest on the loan while the student is attending school at least half-time and during deferment periods. The repayment is required to begin six months after the student completes or terminates his/her education or becomes less than a half-time student.
Direct Unsubsidized Stafford Loans
These loans are not based on financial need, and the student is responsible for interest during in-school and deferment periods. The repayment is required to begin six months after the student completes or terminates his/her education or becomes less than a half-time student. Interest does accrue during the deferment period.
DIRECT FEDERAL PARENTAL LOAN FOR UNDERGRADUATE STUDENTS (PLUS)
The Direct PLUS loan is an educational loan for parents to assist with the educational expenses of a dependent student. PLUS loans are for dependent undergraduate and graduate students attending school at least half-time. The PLUS loan is subject to the policies of the lender and may be based upon credit worthiness. PLUS loans must be repaid. Federal funding levels determine the amount and availability of the PLUS loans. (refer to The Federal Student Guide)
OTHER AID PROGRAMS
Students attending Texas Health School may be eligible to receive funds to help meet educational costs from Americorp, the Veterans Administration (VA), Bureau of Indian Affairs (BIA), Department of Assistive and Rehabilitative Services (DARS), Texas Worksource (WIA), employee tuition waiver and other organizations. Students inquiring about these funding sources should contact the Admissions Department. Students who will be receiving Workforce Investment Act (WIA), Department of Assistive and Rehabilitative Services (DARS), or other sources of alternate funding for school must present the agency’s authorization for such funding before starting school.
For other questions related to your financial aid, please feel free to email us at sfa@ths.edu. We look forward to you joining us here at Texas Health School.