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Virtual - Money Talks-Understanding Your Aid Workshop
Description
Virtual - Money Talks-Understanding Your Aid Workshop
The “Money Talks: Understanding Your Financial Aid” workshop provides students with a clear overview of how financial aid works, including grants, loans, and scholarships. Participants will learn how to read their award offers, understand disbursement timelines, and manage their aid responsibly throughout the semester.
Questions & Answers
Grants are money that you do not have to pay back, unless you withdraw from school, stop attending, or owe a refund. All grants are given to students who need financial help. The amount of some grants depends on how much school costs, your Student Aid Index, whether you are a full-time student, and how long you attend. There are two types of grants at Galveston College: federal grants and state (Texas) grants. Galveston College does not use the Texas Application for State Financial Aid (TASFA).
Galveston College is committed to providing scholarship opportunities to deserving students by seeking funds from individuals, businesses, organizations, and college resources. The criteria for eligibility and the award amount for these scholarships has been developed in cooperation with each scholarship sponsor.
The scholarship program at Galveston College encourages graduating high school seniors, transfer students and currently enrolled students to apply for scholarship monies. Awards range from $500 to $2,500 per academic year. Academic excellence, financial need, displayed leadership abilities and participation in extracurricular activities are taken into consideration during the award process.
Student loans help cover school costs like tuition and books. Unlike grants, loans must be repaid, usually after you graduate or stop attending classes. The student must be enrolled either full-time or part-time (at least 6 credit hours) to be eligible.
The purpose of the work-study program is to give eligible students the chance to gain work experience and earn money while attending school. Through this program, students can work part-time and get paid. Work-study is available to undergraduate students who are enrolled either full-time or part-time (at least 6 credit hours).

