Terms and Conditions
Statement of Authorization and Responsibility
You must authorize Texas A&M University-Kingsville to apply all financial aid funds to your TAMUK student account. Funds will be used to pay any current outstanding educational charges if needed. Thereafter, releasing any excess proceeds to you. You must understand that you are responsible for officially notifying the appropriate offices, beginning with the Registrar’s Office, if you decide not to attend school. You must further understand you will be held solely responsible for repayment of all unearned disbursed monies as a result of registering and not officially withdrawing within a semester.
Funds will not be disbursed until all eligibility requirements are satisfied. The Office of Student Financial Aid will disburse awarded funds to student accounts no earlier than seven days prior to the first day of class. Texas A&M University-Kingsville will first use the aid to pay your tuition and fee charges and room and board. Any remainder will be disbursed to the student either through direct deposit to the student’s bank account, (click here for more information) or will be mailed to the student in the form of a paper check if the student is not signed up for direct deposit. Here are some helpful instructions: MoneyConnect Setup
Revision and Cancellation of Aid
The Office of Student Financial Aid (OSFA) reserves the right to review, revise and/or terminate your financial aid awards at any time due to changes in your financial status, academic status, and/or receipt of award(s) after your initial award notification. Your financial aid award may not exceed your cost of attendance. The Office of Student Financial Aid (OSFA) is required to review potential overawards and make adjustments accordingly. Your failure to comply with federal and state laws and regulations, financial verification and audit procedures, university policies including those expressed in these provisions, or the university catalog will be subject to the changes stated above. In addition, your financial aid award is subject to revision should the annual federal and state allocation of funds to the university be reduced below anticipated funding levels, or should limitations be placed on funds intended for student financial aid purposes.
Your financial assistance is calculated using a full-time enrollment status (Undergraduate Student: 12 hours per term; Graduate Student: 9 hours per term). However, if you register for less than full-time status it is necessary for you to submit a Cost of Attendance Adjustment Form to the OSFA. The form is available online at: http://www.tamuk.edu/finaid/onlineforms. The form is due by August 1st for Fall Terms and December 1stfor Spring Terms. The OSFA is required to conduct an enrollment audit each term of all students receiving financial aid. Therefore, if your enrollment status is less than full-time at the conclusion of the 12thclass day your award(s) will be adjusted accordingly. In the event that your aid is reduced or cancelled after the 12th class day, a debt to the institution may result. You can verify this by occasionally logging on to our Blue and Gold Connection and reviewing your student account balance.
Repayment of Financial Aid due to Withdrawal
Federal regulations require TAMUK to perform a refund calculation for unearned aid on all students who officially withdrawon or prior to 60% of the payment period (semester/term) and received Federal Title IV funds. If a student withdraws or cancels enrollment on or before the 60% point of a semester, all or a portion of Title IV funds (Federal Pell Grant, SEOG, Federal Perkins Loan, Federal Direct Subsidized and Unsubsidized, Federal Direct PLUS and Federal Direct Grad PLUS Loans) awarded to a student must be returned according to provisions of the Higher Educational Act Amendment of 2008. The calculation and return of these funds may result in debt to the university and/or U.S. Department of Education. In addition, any future financial aid will be cancelled. Federal regulations also require the university to perform a refund calculation for unearned aid on all students who unofficially withdraw (cease attendance without school notification). Therefore, a student who does not earn a passing grade in any one class due to lack of attendance and who receives Title IV funds will be considered an unofficial withdrawal unless appropriate documentation is provided. These refunds must be calculated using the 50% point of the semester unless the student can otherwise provide documentation for an official last date of attendance. With the calculation and return of these funds, as with an official withdraw, debt and/or cancellation of future financial aid may result. Please visit the following link for more information: http://www.tamuk.edu/finaid/return_title_IV.html
Satisfactory Academic Progress
You must acknowledge that you have carefully read and understand the Satisfactory Academic Policy of Texas A&M University-Kingsville. Please visit the following link for more information: http://www.tamuk.edu/finaid/SAP.html
Enrollment at Multiple Institutions
A student may not receive a Federal Pell Grant from more than one institution during the same enrollment period. If it is determined that a student is receiving aid from multiple institutions, the Office of Student Financial Aid will revise that student’s award accordingly. In the event that your aid is reduced or cancelled, a debt to the institution may result.
This page was last updated on: February 20, 2015