FAFSA/TASFA: Get the Basics for Financial Aid

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FAFSA/TASFA: Get the Basics for Financial Aid

Financial aid applications for the 2022-2023 academic year are now open, which means you can now submit your FAFSA or TASFA. Filing your FAFSA or TASFA is the first step in getting offered financial aid. Here’s what you should know.

FAFSA & TASFA: What’s the Difference?

FAFSA is meant for students who are U.S. citizens or eligible non-citizens, while the TASFA is for non-citizens and certain international students who are classified as Texas residents. FAFSA can help students be considered for federal aid, while filing the TASFA allows students to be considered for state financial aid.

Now that you know which one you are eligible to submit, you may be wondering what kinds of aid you can get from filing a FAFSA or TASFA. Here are the different types of financial aid you can receive:

Free Money

Grants and scholarships are gifted to students no strings attached. By completing your FAFSA or TASFA before the priority deadline (Jan 15), you have more opportunities for this kind of aid at UTSA. UTSA offers countless scholarships, but some require a separate application, so be sure to check out the Scholarship Hub after you submit your FAFSA/TASFA. Scholarship applications for the 22-23 academic year will be available October 15.

Money You Pay Back

You can also receive loans, which you borrow during your time in college, and then must pay back. Completing your FAFSA can help you receive Federal Loans, which often have lower interest rates than private loans.

Money You Earn

If you’re eligible, you can also earn money for college through the work-study program. If you qualify, you can find a work-study job at UTSA that allows you to work flexible, part-time hours from the convenience of campus. If this option interests you, just make sure to mark it on your FAFSA.

Future Roadrunners will need to add UTSA to the list of schools they would like their FAFSA sent to using UTSA’s Federal school code, which is 010115. The priority deadline to submit your FAFSA or TASFA is January 15.

 



Posted on October 1st, 2021 in Latest News