There are several aid sources available to graduate level students, including grants, scholarships, employment, and loans. Each program has its own eligibility requirements, which are generally need based or merit based.
Grants
(Do not have to be repaid) Tuition Equalization Grant (TEG): State grant available to eligible, “bona fide” Texas residents. Non-Texas residents should apply for a grant, if available, in their home state. Need-based, full-time enrollment required. Students must maintain a 2.5 cumulative GPA.
Scholarships
(Do not have to be repaid) Scholarships are available from a variety of sources, each with its own requirements and deadlines. There are scholarships specifically for incoming students and returning students. For further information contact the Office of Admission for incoming student scholarships. Announcements and applications are also available in the Financial Aid Office and https://www.txchiro.edu/admissions-and-aid/financial-aid/scholarships-grants-loans/
Federal Work Study/Student Employment
Loans
(Must be repaid) Only unsubsidized loans are available. Loan entrance and exit counseling is required for all student borrowers.
Federal Unsubsidized Direct Loan: Interest begins accruing during enrollment, and can be paid or capitalized until repayment begins. Not need based; total eligibility cannot exceed the student’s cost of attendance. Minimum of half-time enrollment required. Annual and aggregate limits apply.
Grad PLUS Loan: Credit based; non-need based. This loan will be deferred while attending school.
Alternative/Private Loans: Various sources based on credit worthiness, projected earnings, debt-to-income ratio. Minimum half-time enrollment required for most. Annual and aggregate limits apply.