Financial Aid
 
Getting Started Programs of Study About Temple College Student Resources Quick Links
 
TC >General Information > Award Policies

Award Policies

AWARD SELECTION CRITERIA

Applicants are first considered for any grants, federal work study jobs, and finally for federal student loans. Renewal applicants are generally considered for funds which are renewable if the student continues to meet program requirements, and if funds have not been depleted. Students requesting loans must complete additional steps.

If you need federal student loan(s), you must be in six credit hours or more.

If you're borrowing loans for the first time, you must:

  1. Visit www.studentloans.gov and sign a Master Promissory Note (MPN).
  2. Complete online Entrance Counseling at www.studentloans.gov for Temple College.
  3. Attend a mandatory in-person loan counseling session on campus at Temple College. All dates and times are posted on the left hand side of the page under "Loan Counseling Dates."

If you are a transfer student and have borrowed student loans within the past five years, you will need to complete Entrance Counseling for Temple College at www.studentloans.gov in order to receive loans.

If you are a transfer student and have borrowed student loans more than five years ago, you must contact the Financial Aid office to determine what you need to complete to be eligible for federal student loans.


AWARD LETTERS

Award letters are available on TConnect. Financial Aid Award letters provide information to eligible students to inform them of the amount, source, and conditions of acceptance of the financial assistance that they will receive. It is important to update your address information with the Admissions & Records Office by using this link to the “Change of Student Information” form.

 

Refund Policy

If a student receives financial aid and subsequently withdraws from the College before the end of the refund period, a portion of the funds must be returned to the appropriate financial program(s). The amount of that refund is determined according to the College's refund policy (see the College Catalog).

 

Return of Title IV Funds

Students receiving federal student aid who completely withdraw from school prior to completing 60% of the semester will be subject to a federal requirement that any unearned aid will be returned. This may cause the student to owe a refund to the government. If Temple College returns funds beyond the normal refund policy, the student will be responsible for this amount. This debt owed to Temple College will cause a hold to be placed on all academic records. If funds are not paid back the student will not be eligible for any Title IV funds at any college. Additional information on this may be found in a handout available in the financial aid office, student Handbook, and the college catalog.
 

Refunds to Financial Aid recipients must be distributed in the following order:

 

  1. Unsubsidized Federal Stafford Loans
  2. Subsidized Federal Stafford Loans
  3. Unsubsidized Federal Direct Stafford Loans
  4. Subsidized Federal Direct Stafford Loans
  5. Federal PLUS Loans
  6. Federal Direct PLUS Loans
  7. Federal Pell Grants
  8. FSEOGs
  9. Other Financial Aid Programs
  10. Other federal, state, private, or institutional sources of aid
  11. The student