FINANCIAL AID AND SCHOLARSHIPS
The Financial Aid and Scholarships office at Tulsa Community College (TCC) is available to assist qualified students to meet the costs of their education. Financial aid is designed to supplement the financial resources of the student and student’s parent(s).
Financial aid is available through grants, scholarships, loans, and part-time employment from federal, state, institutional and private sources. Grants and scholarships are a part of financial aid students do not have to pay back. Loans are borrowed money that must be repaid with interest. Work-study allows students to work and earn money for school expenses. The types and amounts of aid awarded are determined by financial need, availability of funds, student classification, and academic performance.
The Higher Education Act of 1965, as amended, requires each recipient of funds under the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study, Oklahoma Tuition Aid Grant (OTAG), Oklahoma’s Promise, Direct Stafford Student Loans, or PLUS programs to maintain satisfactory progress in his/her course of study. The following policy does not preclude a recipient from continuing to enroll as a student or to receive other types of financial aid. In order to receive financial aid at the institution to which he/she is applying according to the guidelines set forth by the Department of Education the applicant must have:
- a high school diploma;
- a GED; or
- completed homeschooling at the secondary level as defined by state law.
Some additional requirements for financial aid are:
- Students must maintain a cumulative 1.70 grade point average (GPA) for the first 30 credit hours attempted; and a cumulative 2.00 GPA for all hours attempted thereafter (See Satisfactory Academic Progress Policy).
- Students must successfully complete at least 67 percent of all attempted course hours, regardless of whether financial aid has been received for those hours. Withdrawals, I, F, and other unsatisfactory grades are examples of grades that will be counted against this completion rate (See Satisfactory Academic Progress Policy).
- Audit grades do not qualify for financial aid. A student who receives financial aid for any classes, or hours, which are later changed to an audit (AU), will be required to repay any applicable financial aid funds.
- Students attempting 95 or more college hours will be required to justify the applicability of all coursework by submitting a(n) Request for Extension of Excessive Hours and an evaluated degree audit, which will be submitted to the Financial Aid and Scholarships office. The appeal will be reviewed by the Satisfactory Academic Progress (SAP) Appeals Committee and the determination posted on the student’s TED account. Students may appeal once a semester and all decisions by the appeals committee are final (See Satisfactory Academic Progress Policy).
- Students who do a complete withdraw, drops out, is dismissed or takes a leave of absence, prior to completion of 60 percent of a term will be subject to the return of Title IV funds. The student will be required to return to the federal aid program the amount of aid received that is in excess of aid “earned” for the time period the student remained enrolled. Students who receive any Title IV funds (Pell, FSEOG, OTAG and Direct Stafford Loans) should consult with their financial aid counselor before completing a full withdrawal.
- Students operating “under appeal” will be suspended from financial aid their next entering term, if they fail to meet the requirements of their Academic Plan which was submitted with their financial aid appeal.
- Students must be degree-seeking, enrolled, and making satisfactory academic progress toward the completion of their course of study.
- Please note that financial aid eligibility and processing at TCC are subject to change based upon changes in federal regulations and guidelines.
Financial Aid Programs Requiring the Free Application for Federal Student Aid (FAFSA)
There are a number of financial aid programs available at Tulsa Community College. Some scholarships are need based and require the FAFSA application. The FAFSA application is used to apply for the following TCC programs:
- Federal Pell Grant
- Federal SEOG
- Oklahoma Tuition Aid Grant (OTAG)
- Federal Work Study
- Federal Direct Subsidized Stafford Loan
- Federal Direct Unsubsidized Stafford Loan
- Federal Direct Parent Loan (PLUS)
Other programs available through TCC’s Financial Aid and Scholarships office that require a separate application:
- State Regents Tuition Waiver (Academic or Need Base)
- TCC Honors Scholar Tuition Waiver
- State Regents Leadership Scholarship
- TCC Foundation & Trust Scholarship
- TCC Provost Scholarship
- Need Based Grants (Tribal, Voc-Rehab, etc.)
Based on eligibility, the student may qualify for a combination of award programs. Some programs are need based. Need is the difference between expected educational expenses and available family financial resources. The student and parent(s) should be prepared to verify information reported on the FAFSA. Students will be notified via college email (MyTCC) of requests for documentation. The specific document request(s) will be viewable through the student’s MYTCC portal account. Students will be packaged for all award program by TCC’s Financial Aid and Scholarships office. Failure to provide the requested documentation may result in a delay or the termination of the financial aid application process. When the awards are determined, an award notification is sent to the student via college email (MyTCC). The award notification will direct the student to their MYTCC portal account view and/or accept the awards. To ensure that financial aid will be available by the start of the term, students MUST have their FAFSA application completed, and all requirements satisfied on or before the financial aid priority deadline. Financial aid priority deadlines are June 1 for fall term, November 1 for spring term and April 1 for summer term. Early application is encouraged as some funds are limited.ShareThis