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Categorized | Scholarships, Texas

$7 Million Dollar College Grant Accepting Applications

moneyThe Texas Guaranteed Student Loan Corporation (otherwise known as TG) has recently designated an additional $5 million dollars to its Charley Wooten Grant Program to assist students in paying for their college expenses. This additional allocation will increase the total amount to be awarded in the coming year to $7 million dollars (wow!).

$6 million dollars will be allocated to students from Texas and the remaining $1 million will be granted to students from other states. So… if you are from Texas you should definitely apply for this funding.. if you are from another state you should still give it a shot.

“TG understands that, particularly in today’s economic environment, more students and families need assistance with paying for their college dreams,” said TG President and CEO Sue McMillin. “We believe the additional funding will help students who would otherwise be unable to pay for college.”

For the 2010-2011 academic year, TG will offer one-year grants ranging from $1,000 to $4,394 to qualified undergraduate students. The grant program is open to students who meet all of the following criteria:

  • Are high school seniors or graduates who plan to enroll, or are already enrolled, at least half-time in an undergraduate course of study for the fall of 2010 at a Title IV-eligible, two- or four-year college or university, or vocational-technical school
  • Demonstrate financial need by completing the Free Application for Federal Student Aid (FAFSA)
  • Are eligible to receive Title IV funds.

If you are interested in applying for this grant program, you can get an application here. The deadline for submission is May 22nd, however, this is something that should be available each year so if you miss the deadline this year, you can always try again in subsequent years.

If you know of anyone that could benefit from this extra college funding, please be sure to use the “share tab” below to pass this information onto them.

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