Transcript TASFA Overview - TG | Promoting educational access and success

Texas Application for State Financial Aid
TASFA Workshop
September 30, 2011
Creating the TASFA
• HB 1403 Taskforce created in 2005
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University of Texas
Texas A&M University
Prairie View A&M University
University of Houston main campus
Texas State University
Lee High School (Houston ISD)
Texas Higher Education Coordinating Board (THECB)
TG
Taskforce Objectives
• Create a consistent and uniform process to
determine student’s financial aid eligibility
• Reduce student’s anxiety and fear in
requesting financial aid
Taskforce Outcomes
• 2006/2007 TASFA released January 2006
• Training opportunities – Spring & Fall
• e.g. TG webinar, New Aid Officer’s Workshop,
College Board’s Southwestern Conference, TACAC
• Procedures for Financial Aid Administrators
• FAQs for FAOs
• Downloadable PDF (English & Spanish)
Overview of TASFA
• Section I: Student Information
– Dependency questions
• Section II: Household Information
• Section III: Additional Information
– Student – housing plans, drug question, taxes
– Parent – marital status, age, taxes, education
Con’t
• Section IV: Income & Assets
– Part A: Untaxed Income
• Question 31- cash earnings
– Part B: Income exclusions
– Part C: Assets
• Section V: Total Family Income
– If income less than 60% poverty level, then
explanation required.
Con’t
• Section VI: Selective Service Status
• Section VII: Signatures
– Parent Signature
– High School Counselor (freshman only)
TASFA Maintenance
• TG provides oversight of form
– Stays abreast of legislation affecting rule
– Revises TASFA annually
– Serves as point of contact
– Provide training
Contact Information
Maria Luna-Torres,
Director, Education Finance Initiatives
[email protected]
512-219-4632
© 2010 Texas Guaranteed Student Loan Corporation
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