PhD FAQ

What types of aid are available?
PhD students’ tuition and fees are covered by tuition waivers and stipends for living expenses. Students are not generally eligible for funds exceeding these amounts. However, in rare cases, additional financial aid may be made available from:
  • Loans (both federal and private)
  • Outside scholarships or loans from private corporations, agencies, foundations, charities, etc. that students apply for on their own
Who may apply for financial aid?
Applicants whose cost of attendance exceeds their family resources are encouraged to apply for financial aid. To be eligible, the applicant:
  • Must be accepted or enrolled at least half-time in a certificate or degree-seeking program
  • Must meet satisfactory academic progress standards
  • Must be a citizen of the United States or an eligible non-citizen
  • Cannot be in default with prior student loans
  • If male, you must comply with Selective Service Registration
  • Must have no prior drug convictions while receiving Title IV funds
What forms need to be completed annually to be eligible for financial aid?
  • Free Application for Federal Student Aid (FAFSA)
  • TUSM Financial Aid application

Signed copies of student’s (& spouse’s if applicable) prior-prior year Federal tax return (including all schedules and W-2′s) may be requested by our office if deemed necessary.

What is the priority consideration date by which financial aid forms need to be submitted?

The priority consideration date for having financial aid applications submitted for the Fall 2017 semester is February 17th, 2017. Students who have submitted all paperwork to the Office of Financial Aid by the priority consideration date will begin to receive award notices in May.

 

What is the penalty for applying after the priority consideration date?
Students will not be eliminated from consideration for any types of funding by applying after the priority consideration date. However, the Office of Financial Aid processes applications on a first-come, first-served basis; therefore, late applicants may experience a delay in the notification of their eligibility. Students would still be expected to meet all registration and bill payment deadlines even if they have not received financial aid award notices by those dates. Consequently, this may also cause a delay with disbursements and/or refund checks being issued.

Please be aware that loan eligibility may not be certified after the last day of classes. Students who are applying for financial aid late into the semester (within one month of the last day of classes), should contact the Office of Financial Aid to confirm that adequate time is available to process the request.

Do I need to include parental data on the FAFSA?
Graduate students are considered independent and the federal government does not require parental information to be included when determining a student’s eligibility.

How much financial aid can I expect beyond my tuition waiver and stipend?
The maximum financial aid a student can receive each year is the difference between the cost of attendance developed by the financial aid office and the total of all other aid sources. The cost of attendance is made up of tuition and fees plus estimates for living expenses. Because PhD students’ tuition and fees are covered by the tuition waiver and the stipend is intended for living expenses, there is a limited amount of remaining eligibility for financial aid. However, students who are having difficulty meeting especially high expenses with their stipend and other resources should contact the Office of Financial Aid for possible options.

 

How much can students borrow per year in Federal Stafford Loans?

The Department of Education no longer offers Direct Subsidized Loans for programs with an academic year start date after July 1, 2012.  Gradaute/professional level students are allowed to borrow a maximum annual limit of $20,500.  The actual amount of federal loan assistance may be limited by the Cost of Attendance as mentioned above.

 

Is there financial aid available during the summer session?

The PhD academic year is structured such that it begins in the fall and extends through the summer term, so, for example, the 2016-2017 academic year begins on September 7, 2016 and ends on August 27, 2017. So, when we determine your annual financial aid eligibility we will have included the summer term already.

 

Are non-matriculated students eligible for financial aid?
Non-matriculated students are not eligible to receive federal financial aid. Students must matriculate into a certificate or degree program in order to be eligible.