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Cost & Fianacial Aid

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Estimated Cost of Attending Texas A&M for one year (2006-2007)

Resident Cost of Attendance - $18,516
Non-Resident Cost of Attendance - $26,766

Estimated cost is an average of all anticipated expenses including tuition, fees, books, room and board for one academic year.

Financial Aid

The first step in your search for financial aid should be the completion of the Free Application for Federal Student Aid (FAFSA). The FAFSA is available online at http://www.fafsa.ed.gov or in paper format from your high school counselor or Texas A&M Department of Student Financial Aid. There is no cost to submit the FAFSA and it must be submitted every year. Although there is not a deadline for the FAFSA, it is recommended that the form be submitted as soon as possible. The FAFSA code for Texas A&M is 003632. To check your financial aid status or to search your financial aid options, visit the Student Financial Aid web page.

TAMU Department of Student Financial Aid

The Department of Student Financial Aid offers various options to fund your education and ultimately achieve your academic goals. The Department provides financial aid counseling, short-term loans, long-term loans, scholarships, student employment, debt management and outreach services.

For more information, contact:

Department of Student Financial Aid

(979) 845-3236
financialaid@tamu.edu

If you would like to know how much the Federal Government feels your family would be able to provide for your education,visit the Financial Aid Calculator. This financial aid calculator will provide estimated numbers that will be handy in your search for financial assistance.

Be careful in your search for financial assistance! There are many scam artists and businesses built by preying on college students desperate for additional funds. These scams can include paid search services for scholarships or loans, high-interest student loan programs, and credit card or identity theft scams. You should never have to pay anyone to search for financial assistance. The Texas A&M Department of Student Financial Aid provides these services free of charge. Additionally, if anyone says they can guarantee scholarships for a charge, they generally can only guarantee that they can take your money. Remember, there is no substitute for persistence and hard work. You must do the work and complete the applications yourself to be successful.

For additional information on preparing for college, searching for scholarships or applying for Financial Aid, visit: Texas Higher Education Coordinating Board College for Texans Campaign.

TEACH Grant Program

Through the College Cost Reduction and Access Act of 2007, Congress created the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program that provides grants of up to $4,000 per year to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families. If, after reading all of the information on this fact sheet, you are interested in learning more about the TEACH Grant Program, you should contact the financial aid office at the college where you will be enrolled starting with the 2008-2009 school year.

To receive a TEACH Grant you must -

  • Complete the Free Application for Federal Student Aid (FAFSA), although you do not have to demonstrate financial need.
  • Be a U.S. Citizen or eligible non-citizen.
  • Be enrolled as an undergraduate, post-baccalaureate, or graduate student in a postsecondary educational institution that has chosen to participate in the TEACH Grant Program.
  • Be enrolled in coursework that is necessary to begin a career in teaching or plan to complete such coursework. Such coursework may include subject area courses (e.g., math courses for a student who intends to be a math teacher).
  • Meet certain academic achievement requirements (generally, scoring above the 75th percentile on a college admissions test or maintaining a cumulative GPA of at least 3.25).
  • Sign a TEACH Grant Agreement to Serve (see below for more information on the TEACH Grant Agreement to Serve).

High-Need Field

High-need fields are the specific subject areas identified below -

  • Bilingual Education and English Language Acquisition.
  • Foreign Language.
  • Mathematics.
  • Reading Specialist.
  • Science.
  • Special Education.
  • Other identified teacher shortage areas as of the time you begin teaching in that field. These are teacher subject shortage areas (not geographic areas) that are listed in the Department of Education's Annual Teacher Shortage Area Nationwide Listing.

Schools Serving Low-Income Students

Schools serving low-income students include any elementary or secondary school that is listed in the Department of Education's Annual Directory of Designated Low-Income Schools for Teacher Cancellation Benefits.

For more information about the TEACH Grant Program, visit the U.S. Depatment of Education.

Teacher Loan Forgiveness Program

Up to $5,000 of the Federal Stafford Loan are forgivable with a commitment to teaching as a career.  Additionally, up to $17,500 is available to be forgiven with a commitment to teaching math, science and special education.  For more information, visit the Federal Student Aid site.

Students who become full-time teachers in an elementary or secondary school that serves students from low-income families can have a portion of their Perkins Loan forgiven under The National Defense Education Act. This program forgives 15% of your loan for the first and second years of teaching service, 20% for the third and fourth, and 30% for the fifth.

For more information, visit the American Federation of Teachers Forgiveness List.

TAMU Reads & Counts

Reads & Counts is a tutoring program housed in the College of Education & Human Development that employs work study eligible students to work as tutors in 24 locations in Bryan and College Station.  Tutors work in all levels of public schools which provides great opportunities for teaching experience and additions to the tutor's resume.

Reads & Counts originated under the No Child Left Behind Act. The program began in association of the America Reads Challenge program.

For more information, contact: Kristin Tipton (Program Coordinator) ktipton@dsmail.tamu.edu or Tina Shannon (Program Manager) tinashannon@tamu.edu

To learn if you are eligible for work study, contact the Department of Student Financial Aid.

 

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