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TASFA Workshop September 30, 2011

Texas Application for State Financial Aid . TASFA Workshop September 30, 2011 . Creating the TASFA . HB 1403 Taskforce created in 2005 University of Texas Texas A&M University Prairie View A&M University University of Houston main campus Texas State University

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TASFA Workshop September 30, 2011

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  1. Texas Application for State Financial Aid TASFA WorkshopSeptember 30, 2011

  2. Creating the TASFA • HB 1403 Taskforce created in 2005 • 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

  3. 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

  4. 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)

  5. 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

  6. 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.

  7. Con’t • Section VI: Selective Service Status • Section VII: Signatures • Parent Signature • High School Counselor (freshman only)

  8. TASFA Maintenance • TG provides oversight of form • Stays abreast of legislation affecting rule • Revises TASFA annually • Serves as point of contact • Provide training

  9. Contact Information Maria Luna-Torres, Director, Education Finance Initiatives maria.luna-torres@tgslc.org 512-219-4632

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