Spring Break
Texas offers financial aid program for state's private institutions
Nicole Jacobsen, Editor in Chief, njacobse@smu.edu
Issue date: 7/1/09 Section: News
The grants are generated by general revenue, and were enacted to encourage students entering to college to stay in Texas and apply to private universities.
The Texas TEG Program offers up to $3,331 per school year, according to the program's Web site, but students with "exceptional need" are eligible to receive up to $4,966 per year. The total amount awarded may not exceed the student's financial need or the amount the student would be paying in excess if they were attending a public college or university.
During the last fiscal year, SMU received $5,750,119 from the Texas TEG Program, benefiting 1,486 students, according to a report from SMU Director of Financial Aid Marc Peterson.
"The university's commitment to putting a group like this together and really supporting students' abilities to come to the Hilltop and pay for what is a very expensive education is great," said Derek Jones, a senior markets and culture major. "We appreciate university's support. We were prepped by a dedicated group of staff members. I think it just shows a real commitment that we're not going to botch this deal and how committed the university is to helping the students."
The Texas TEG Program offers up to $3,331 per school year, according to the program's Web site, but students with "exceptional need" are eligible to receive up to $4,966 per year. The total amount awarded may not exceed the student's financial need or the amount the student would be paying in excess if they were attending a public college or university.
During the last fiscal year, SMU received $5,750,119 from the Texas TEG Program, benefiting 1,486 students, according to a report from SMU Director of Financial Aid Marc Peterson.
"The university's commitment to putting a group like this together and really supporting students' abilities to come to the Hilltop and pay for what is a very expensive education is great," said Derek Jones, a senior markets and culture major. "We appreciate university's support. We were prepped by a dedicated group of staff members. I think it just shows a real commitment that we're not going to botch this deal and how committed the university is to helping the students."
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