Types of Aid

Each year when you submit your Free Application for Federal Student Aid (FAFSA), you are applying for federal, state and university aid. There are three types of financial aid—grantswork-study and student loans. If you need additional funding to supplement your financial aid package, alternative student loans are an option. The types of awards offered to you are based on your and your family’s financial resources as well as the availability of funds.

How Aid is Determined

When awarding financial aid, we are required to take into consideration both your cost of attendance and expected family contribution (EFC). The cost of attendance is the average amount it will cost a student to attend Texas State. The expected family contribution (EFC) is the amount of assistance you and your family are expected by the federal government to contribute toward your education during an academic year. To calculate your need and determine the types and amounts of aid for which you are eligible, we use the cost of attendance and expected family contribution as shown in the below table.

2023-2024 Cost of Attendance
for 1st Baccalaureate, Resident Students
Component Amount
Cost of Attendance   $29,400
Expected Family Contribution (EFC) -$10,720
Financial Need   $18,680


Additional Aid

Once your need is established, you will be awarded any grants for which you are eligible and then work-study funds. As a last resort, we offer you loan assistance. Of course, if based on your personal budget you do not need all of the loan, do not borrow the full amount. Just let our office know the lower loan amount you wish to borrow, and we will adjust your loan offer. Also, outside resources, such as waivers, exemptions and scholarships, do count as estimated financial aid. As a result, such assistance is counted toward meeting financial need and the cost of attendance.