1. FAFSA: Complete the Free Application for Federal Student Aid (FAFSA) as soon as possible after October 1st of your senior year. This will determine your eligibility for federal, state, and institutional financial aid.
2. Texas Application for State Financial Aid (TASFA): Submit the TASFA if you are a Texas resident and cannot apply for the FAFSA due to immigration status or other reasons.
3. Review Financial Aid Offer: After submitting your FAFSA or TASFA, Texas Tech will send you an award letter detailing your financial aid package, which may include scholarships, grants, loans, and work-study opportunities.
4. Accept or Decline: Review your financial aid package and accept or decline the offered aid by the given deadlines.
5. Explore Additional Funding Sources: Consider applying for private scholarships and grants offered by various organizations, foundations, corporations, and community groups. Check the Texas Tech Scholarship Office website and external scholarship search platforms.
6. Work-Study Program: Participate in the federal work-study program, which allows students to earn money while studying by working on campus or off-campus jobs related to their field of study.
7. Loans: If necessary, apply for federal or private student loans to cover any remaining funding needs. Federal loans typically offer favorable interest rates and repayment options.
8. Texas Tech Financial Aid Resources: Texas Tech's Financial Aid Office provides extensive resources and assistance to students navigating the financial aid process. They can help with questions, concerns, and any special circumstances affecting financial aid eligibility.
9. Timely Communication: Keep in touch with the Texas Tech Financial Aid Office regarding any changes in your financial situation or if additional documentation is needed. Prompt communication can ensure that you receive the financial assistance you are eligible for.
10. Financial Planning: Regularly monitor your financial aid status, plan your finances carefully, and make adjustments as needed throughout your time at Texas Tech to ensure that you have the resources you need to focus on your studies.
