It Pays to be a Texan!

We believe that students should not be burdened with debt when they get out of college. That’s why we offer scholarships, grants, loans, and work-study opportunities that offset the estimated cost of attendance.

• Loan– A loan is money you borrow and must pay back with interest.
• Subsidized Loan– Interest is paid by the Education Department while you’re enrolled at least half-time in college.
• Unsubsidized Loan- Interest begins accruing as soon as the loan is disbursed, including while students are enrolled in school.
• Grant– A grant is a form of financial aid that doesn’t have to be repaid (unless, for example, you withdraw from school and owe a refund, or you receive a TEACH Grant and don’t complete your service obligation).
• Scholarships– This type of free money, which is sometimes based on academic merit, talent, or a particular area of study, can make a real difference in helping you manage your education expenses.
• Work-Study Jobs- The Federal Work-Study Program allows you to earn money to pay for school by working part-time.
• Aid for Military Families– There are special aid programs or additional aid eligibility for serving in the military or for being the spouse or child of a veteran.
• Payment Plan– The payment plan allows students to use one of the interest-free monthly payment plans to pay tuition, fees, student housing, and meal plan charges. 
• Texan Bill Pay– Texan Bill Pay allows students and authorized users to view account statements and pay tuition and fee bills.
• Authorized User– The authorized user feature allows a family member or employer, etc. to receive notifications when a statement is available, make payments, view account activity, and print an On Demand statement.
• Negative Balance– Typically this is not a good thing, but if you get an alert saying your Texan Bill Pay has a negative balance, that is a good thing! It means you will get a refund.
• Refund– A FAFSA refund check is provided to students as “extra” money that is left over from a student’s financial aid package. When a student receives a financial aid refund check, it will be after the financial aid covers: Tuition, fees, room, and board.
• Texan Smart– Texan Smart is a financial education center that provides support and guidance to Tarleton Students. We help students understand their financial situations and explore various options and resources.