Terms and Conditions for Financial Aid

Students must accept the Financial Aid Terms and Conditions which authorizes A&M-San Antonio to apply all financial aid funds to the student’s A&M-SA account with Student Business Services. Funds will be used to pay any current outstanding educational charges if needed. Thereafter, any excess proceeds will be released to the student. The student is responsible for officially notifying the appropriate offices, beginning with the Registrar’s Office, if the student decides not to attend A&M-SA. The student also is responsible for repayment of all unearned funds that previously disbursed as a result of registering and not officially withdrawing within a semester. For further details see the following link: http://www.tamusa.edu/financialaid/applyforaid/termsandconditions.html

Financial Aid programs are focused on providing eligible students with the necessary financial resources to ensure their academic progress and successful completion of their educational objective. With the acceptance of financial aid resources, students also assume some responsibility to be familiar with the terms and conditions of receiving financial aid. We have outlined in the Financial Aid Terms and Conditions document those items which we believe students should be aware of to ensure ongoing financial aid eligibility.

You understand that an offer of financial aid is based upon anticipated full-time enrollment for the academic year and that offers are contingent on the availability of funds. Payments and Cost of Attendance (COA) may be adjusted for three-quarter time, half time, and less-than-half-time enrollment based on your enrollment as of census date.
Students must be enrolled in a minimum of 6 credit hours throughout the loan period to be eligible to receive any loan funds. Initial loan offers are based on COA for enrollment of 12 or more credit hours for undergraduates and may be reduced if enrolled in less than 12 credit hours for undergraduate and 5 credit hours for graduate students.
Financial aid offered is available for payment only if you have been officially admitted and are enrolled in the required number of credit hours each semester and meet all other requirements.
Educationally-related funds received from outside sources (i.e. scholarships, fee waivers, stipends, and etc.) are coordinated with all other aid offered and may result in changes to the types and amounts of financial aid offered by OSFA.
Financial aid funds are available for payment (typically the week before classes start), and funds are credited to the student account. TAMUSA applies financial aid to pay for enrollment fees and other educationally related financial obligations owed to the University.
Students must meet Satisfactory Academic Progress (SAP) standards according to the policies established by the TAMUSA Financial Aid and Scholarships Office, which are consistent with federal guidelines. These policies include: 1) meeting the PACE percentage requirement (ratio of credits completed to credits attempted); 2) maintaining the specified GPA requirement; and 3) completing your degree objective within the maximum timeframe.
Withdrawing from all classes following payment of financial aid, subjects the student to repayment of funds already received based upon Return to Title IV calculations per the U.S. Department of Education. The federal calculations determine the amount of financial aid earned as of the date of withdrawal from all semester classes. Withdrawal from all classes may also result in a bill due to the University Student Business Services Office. In addition to a potential balance, future eligibility for financial aid may be impacted due to failure to meet Satisfactory Academic Progress standards.
Financial Aid and Scholarships Office reserves the right to review, modify, or cancel your financial aid award at any time due to changes in financial status, eligibility for financial aid, or changes in federal, state or institutional fund availability. In addition, financial aid awards may be cancelled, changed, or modified if the aid offered was based on error in determining eligibility for financial aid awarded, regardless of if the error was made by you or TAMUSA.
Federal regulations limit the amount students may receive in Pell grant funds to approximately equivalent to six years of full-time awards.
Federal Direct Subsidized Loan eligibility is limited to undergraduate students up to the full-time equivalency of 150% completion of the degree program (for example, up to 6 years for a 4-year bachelor’s degree).
Financial aid may not be received for repeating classes more than once in which a grade of D or better has been received.
Financial aid can only be awarded by one school for the same period of enrollment.
Students must re-apply and re-establish eligibility for financial aid each award year.
All financial aid communications are sent via the TAMUSA email account. Students are expected to monitor their email on a regular basis.
The Financial Aid Terms & Conditions listed above remain in effect, for the current and future aid years. The Financial Aid and Scholarships Office reserves the right to make necessary updates and will notify students of any changes via email.