Policy and Procedure
Adjustments to Financial Aid
There are a variety of circumstances that may require an adjustment to your financial aid award. You should understand how dropping and adding courses, receiving other aid, or corrections on their FAFSA will impact your aid.
Code of Conduct for Title IV Loans
Texas Tech University (TTU) participates in the William D. Ford Federal Direct Loan
Program which includes the Direct Subsidized and Direct Unsubsidized Student Loans,
the Direct Graduate PLUS Loan, and the Direct Parent PLUS Loan. To comply with the
Higher Education Opportunity Act (HEOA), TTU adopts the following Student Loan Code
of Conduct. It serves as the formal guiding principles in insuring the integrity of
the student aid process and ethical conduct to TTU employees, in regard to student
loan practices.
Consortium Agreements
A consortium agreement is a written agreement between two or more eligible schools and allows a student to receive financial aid funds based on hours enrolled at more than one institution in a semester.
Withdrawal / Failure to Attend All Classes
Students begin earning Title IV funds on their first day of attendance. If you withdraw from all classes, financial aid eligibility will be recalculated based on the number of days you were enrolled. You may be required to repay funds to the Student Business Services. If your aid has not been disbursed, you may be eligible to receive a portion of the aid you have accepted.
Verification
Verification is the process required by the Department of Education to verify the accuracy of the information submitted by or on behalf of a student for the purpose of applying for financial aid. The purpose is to reduce errors in applicant reported data and to insure, to the maximum extent possible, eligible applicants receive the financial aid they are eligible for.
Satisfactory Academic Progress Requirements for Continued Aid Eligibility (SAP)
You must meet certain academic requirements to maintain eligibility for federal and state grants, work-study, loans and scholarships.
Repeat Coursework
Federal regulations impact your eligibility receive financial aid (federal and state) for repeated coursework. This policy applies to all students.
Second Degree Programs
Students pursuing their second undergraduate degree are awarded based on federal requirements. Second degree students are not Pell Grant eligible and must be offered undergrad loan types and amounts. This policy applies to Undergraduate Students only.
Student Financial Aid Terms & Conditions
Students, who receive any form of financial aid, have terms and conditions to which they must adhere to. Students must be in a degree seeking program to be eligible to receive federal aid.
Financial Aid
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Address
Texas Tech University | Student Financial Aid & Scholarships | West Hall 301 | P.O. Box 45011, Lubbock, TX 79409 -
Phone
(806) 742-3681 -
Email
finaid.advisor@ttu.edu