for those of you who got full financial aid

[brain122]

I just picked this thread up. I'm happy to help if I can. I used financial aid for all of my time at TESC. Yes, you need to take 6 credits per quarter, and also you need to remember that you get everything in 1/4 distributions.

Also, the PELL grant is a gift, everything else is a loan- so TESC doesn't "give" you anything, they have very few scholarships. I applied and didn't get any, but it's worth a try.


TESC will allow you the pell if you qualify, which I think is roughly $5000, then your first student loan is roughly $5000, and so is the second. I'll defer my comments about the wisdom of taking out student loans to Dave Ramsey
lol.

Does it take 2 quarters to make a semester? I am curious. Usually 12 semester hours to be considered full time. 6 hrs. would be half time so, therefore, they would only release half the amount of the financial aid for a part time student.

So, I am thinking the pell grant (if you qualify for full pell grant) is about $4800 divided by 2 quarters equals $2400 per quarter...........plus the student loan of $5000 divided by 2 quarters equals $2500 per quarter.

So, $2400 for pell and $2500 for student loan.............equals $4900 total per quarter for 6 credit hours each quarter.

Student loan goes up a little when you are a junior status.

Jennifer.................does this sound right? (it's the way I understand how financial aid works, not sure if TESC or COSC are the same though)