FINANCIAL AID GRANTS

Grants

Grants are considered gift aid and do not require repayment unless the student reduces his/her course load, never attends class, quits attending class, or withdraws from school prior to the completion of the semester.  Grants are awarded based on financial need. There are several types of grants available for students.   
  • Federal Pell Grant (PELL)
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • Texas Public Educational Grant (TPEG)
  • Toward Excellence, Access and Success Grant (TEXAS Grant)
  • Texas Educational Opportunity Grant (TEOG)

Federal Pell Grant (PELL) 

The Federal Pell Grant is a federal program for undergraduate students obtaining his/her first bachelor’s degree and is designed to provide eligible students with a foundation of aid to help defray the cost of education. It is always the first program considered for each applicant. Although the Financial Aid Office determines the amount of each student’s Pell Grant, eligibility is determined on the basis of a formula developed by the U.S. Department of Education. The Pell Grant amount depends on the student’s expected family contribution, the cost of attendance at VC and the number of hours for which the student is enrolled (full-time, three-quarter time, half-time, less than half-time). A student may be ineligible for a Federal Pell Grant; however, he or she may qualify for other financial assistance. The Federal Pell Grant is to be used solely for educational purposes, which includes tuition, fees, room, board, books, supplies, transportation, and miscellaneous expenses. In order to receive a Pell Grant, the Department of Education must have processed a valid student aid report (which is the result of filing the FAFSA form) with an official expected family contribution while an eligible student is enrolled for the award year. Verification documents (if applicable) must be received and be accurate no later than 120 days after the last day of enrollment or the Department of Education’s published deadline, whichever is earlier. A student’s duration of Pell eligibility is limited to the equivalent of 12 full-time semesters. 

Federal Supplemental Educational Opportunity Grant (FSEOG)

The FSEOG is awarded to first time undergraduate students with the lowest estimated family contributions who are also receiving Federal Pell Grants and have financial need. Awards are based on the student’s enrollment and are made in accordance with program regulations and on a first come, first served basis.  

           

Texas Public Educational Grant Program (TPEG)

The TPEG program is funded from tuition paid by credit students attending VC.  The applicant must be enrolled at least half-time during the term or terms for which the grant is awarded and have financial need. This grant is awarded on a first come, first served basis, and the amount is based on the student’s enrollment.

Toward EXcellence, Access and Success Grant (TEXAS Grant)  

 The TEXAS Grant is awarded to Texas residents who where previous recipients of an initial year TEXAS Grant prior to Fall 2014 and are enrolled at least three-quarter time and meet the following eligibility requirements: have financial need; do not have a felony conviction involving a controlled substance; do not have a bachelor's degree and are registered with selective service (if required). Continuing eligibility requires the student to have a cumulative GPA of 2.5 or higher and complete at least 24 semester credit hours per year. The maximum TEXAS grant award, as determined by the Texas Higher Education Coordination Board, is the average statewide amount of in-district tuition and required fees. In order for 2013-14 TEXAS Grant recipients to receive a renewal award for the 2014-15 school year, they must complete their financial aid file by January 1, 2015. Students who fail to meet this deadline cannot be guaranteed a renewal award. No new initial year Texas Grant awards will be made as funding for this program has been discontinued.  

Texas Educational Opportunity Grant (TEOG)  

The TEOG Grant is awarded first come, first served to Texas residents who are enrolled at least half-time in the first 30 hours of an associate's degree or certificate program and meet the following eligibility requirements: have financial need and an expected family contribution of 4,800 or less; not been convicted of a felony or crime involving a controlled substance; not be concurrently receiving a TEXAS Grant; and be registered with Selective Services, or be exempt. Preference for initial awards is given to recent Texas public high school graduates who completed the recommended or distinguished curriculum and enroll as an entering undergraduate student no later than the 16th month after high school graduation. To receive a renewal award through the TEOG program, a student must be enrolled at least half-time as a student who previously received a TEOG award and has not been granted an associate's degree or baccalaureate degree. Initial recipients must meet VC's satisfactory academic progress. Continuing eligibility requires that the student complete as least seventy-five (75%) percent of the hours attempted in the most recent academic year and have a cumulative GPA of 2.5 or higher. The maximum TEOG Grant is determined by the Texas Higher Education Coordinating Board. Award amounts will be prorated in relation to the student's enrollment status as of the census date. In order for 2013-2014 TEOG recipients to receive a renewal award for the 2014-2015 school year, they must complete their financial aid file by July 1, 2014. Students who fail to meet this deadline cannot be guaranteed a renewal award.

Vernon College - Contact Us
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  • Vernon Campus
    4400 College Drive
    Vernon, Texas 76384
    940.552.6291
  • Century City Center
    4105 Maplewood
    Wichita Falls, Texas 76308
    940.696.8752
  • Skills Training Center
    2813 Central Expressway East
    Wichita Falls, Texas 76302
    940.766.3369
  • Sheppard Learning Center
    426 5th Avenue, Suite 8
    Sheppard AFB, Texas 76311
    940.855.2203
  • Seymour Learning Center
    200 Stadium Drive
    Seymour, Texas 76380
    940.889.3133