There are a number of federal and state aid that you may qualify for. You must fill out the Free Application for Federal Student Aid to be eligible for these awards. Most grants are awarded to undergraduate students showing financial need, however there are some funds awarded for academic excellence.
Federal Pell Grant
This grant is available to undergraduates with a maximum award of $5,920 based on an entitlement computation formula and federal funding. Application is made through the FAFSA. Pell funding will credit the student’s account no earlier than the first day of class each semester if the award is finalized. Students who are Pell recipients and are receiving scholarships that cover their charges in full must contact the Bursar’s Office to obtain information on how to purchase their required books in the bookstore.
Federal Supplemental Educational Opportunity Grant (FSEOG)
This federal grant is awarded to undergraduate students showing financial need with priority given to Federal Pell Grant recipients. The number of awards depends on the annual funding allocations set by the U.S. Department of Education. FSEOG will credit the student’s account no earlier than the first day of class each semester. Value equals $200-$1000.
Teacher Education Assistance for College and Higher Education Grant is for students who are completing or who plan to complete coursework that is required to begin a career in teaching and who agree to teach full-time for at least four years as a highly qualified teacher; at a school or educational service agency servicing low income students and in a high need field. The four years of teaching must be completed within eight years after you complete or otherwise cease to be enrolled in the program for which you received a TEACH Grant. This teaching requirement is known as your TEACH Grant obligation. In order to qualify for a TEACH Grant as an entering college student, you must be making a 3.25 GPA or be in the 75th percentile on admission tests (i.e., SAT, ACT, GRE). Students must maintain a 3.25 GPA during the course of receiving the grant. Prior to receiving your TEACH Grant, a student must complete an Agreement to Serve (ATS) for that year. The session consists of a TEACH Grant Overview and 3 additional sections that cover: (1) TEACH Grant ATS, (2) Service Obligations, (3) Conversion of a TEACH Grant to a loan. Students may receive approximately $3,800/yr. for their first undergraduate program with the maximum allowed being $16,000. Graduate students may receive approximately $3,800/yr. with the maximum of $8,000. Each student upon completion of their undergraduate program/graduate program must complete exit counseling on the student access website.
This grant is made possible from general funds budgeted each year with approval of the TU Board of Trustees and are only available to full-time undergraduate students. Renewal is based upon evidence of need determined by the FAFSA and a 2.0 cumulative gpa. During the semester, these awards may be underwritten by an endowed or supported scholarship. The total amount of the award will not change if underwritten. University grants credit to the student’s account no earlier than the first day of class. Value varies.
Early Filer’s Grant
The Early Filer’s Grant is a $1,000 renewable grant. This grant is available for eight semesters as long as the student is enrolled full-time and maintains a cumulative 2.0 grade point average. It is not necessary that families file the FAFSA annually to receive the renewal of this grant. Transfer students are not eligible for this grant. This will not be awarded to new students effective Fall 2018. IMPORTANT! If you are a student athlete you must contact The University of Tulsa Athletic Compliance Office to determine if you are eligible to accept this grant per the NCAA rules.
TU will match dollar for dollar Oklahoma’s Promise funding for students who are eligible to receive Oklahoma’s Promise. TU’s match is limited to tuition expenses for fall and spring semesters only. Students must meet all eligibility requirements that are necessary to receive Oklahoma’s Promise. This will not be awarded to new students effective Fall 2018.
Need Based Housing Grant
This grant is only available to students who began at TU in the fall of 2016 or after, filed a FAFSA and have a calculated EFC of $30,000 or less. This grant is available for 8 semesters as long as the student maintains a cumulative 2.0 gpa. This award is only available for the fall and spring, and the student must incur university housing charges. For renewal the student must have lived in campus housing a minimum of one semester during their first year of attendance. Value equals $2,000. Important! If you are a student athlete you must contact The University of Tulsa Athletic Compliance Office to determine if you are eligible to receive this grant per NCAA rules.
Oklahoma Tuition Aid Grant (OTAG)
Oklahoma residents may qualify for awards up to $1,300. Application is made by completing the FAFSA. Early application is important, as funding is limited. The FAFSA must be received by the processing center as soon as possible after October 1 as funds are awarded on a first-come, first-served basis until depleted. For detailed program requirements, please visit the OSRHE at https://www.okcollegestart.org/Financial_Aid_Planning/Oklahoma_Grants/Oklahoma_Tuition_Aid_Grant.aspx. OTAG is billed after the 3rd week of classes. Funds will credit the student’s account upon receipt of the check from the State Treasurer’s Office. Students who are not Oklahoma residents are encouraged to contact their home state to inquire about the availability of grant assistance.
Oklahoma Tuition Equalization Grant (OTEG)
Oklahoma residents meeting certain income categories may receive $2,000 in assistance. These recipients are chosen by TU according to regulations. Funding is limited and may be used to offset university scholarships. Application is made through the FAFSA. This grant is a need-based grant and renewability depends on the family’s income. OTEG is billed after the 3rd week of classes. Funds will credit the student’s account upon receipt of the check from the State Treasurer’s Office.
To receive Oklahoma’s Promise, a student must have applied during their 8th, 9th or 10th grade year of high school. They must be an Oklahoma resident, file a FAFSA annually, and have completed the requirements as set by the program. For detailed program requirements, please visit the OSRHE. Oklahoma’s Promise is billed after the 3rd week of classes. Funds will credit the student’s account upon receipt of the check from the State Treasurer’s Office.
Oklahoma Academic Scholars (OKAC)
The State of Oklahoma determines eligibility and awards scholarships to academically outstanding students who are Oklahoma residents planning to attend an Oklahoma public or private college or university. First year students must complete the application provided by the Oklahoma State Regents for Higher Education. For detailed program requirements, please visit the OSRHE. Oklahoma Academic Scholars is billed after the 3rd week of classes. Funds will credit the student’s account upon receipt of the check from the State Treasurer’s Office.