Do you offer student loans?
Yes! We participate in the Federal Guaranteed student loan program.
What is the financial aid deadline?
For Fall it's July 1. For Spring it's Nov. 15.
Note: Scholarship deadlines are much earlier, please see Scholarship Page.
If I do not apply for federal funds, can I still be considered for the work-study program?
No. You must fill out the Financial Aid application to "establish need" to qualify for the work-study program.
Can I apply for financial aid after the semester has started?
Yes. If your Pell Grant has not been processed by the time the semester begins, you must be prepared to pay for the semester or take advantage of the installment plan. You will then be paid the amount you are eligible for as soon as your Pell Award has been processed, and approximately by the sixth week of classes.
Do I have to reapply for a Pell Grant for the next school year?
Yes. Your Pell Grant Award is based on the income of the previous year. You must reapply every year.
Can I qualify for financial aid regardless of the number of hours I am enrolled?
You may qualify for federal funds with as few as 6 hours and as many as 12 hours or more.
What Grade Point Average do I have to maintain if I receive a Texas Grant?
The first year of the award you must maintain an overall 2.0 GPA and complete 75% of your classes as shown on the 12th class day. In the subsequent years, you must maintain an overall 2.5 GPA and still complete 75% of your enrollment.
Can I receive federal grant money in addition to scholarships?
Yes, if you have unmet financial need.
Can I make changes to my loan amount during the semester?
Students will only be allowed to make one change to their Loans during a semester, so they will need to be certain of the amount they request and decline.
Will I receive more financial aid if I take more credit hours?
The amount of Financial Aid received is based on the number of hours of enrollment.
The format is as follows:
12+ Hours: Full Time
9-11 Hours: 3/4 Time
6-8 Hours: 1/2 Time
Less than 6 hours: Less than half time
What if I drop a class? Will it affect my Pell Grant?
You must maintain at least 75% of the hours in which you were originally enrolled by the 12th class day. For instance, if you are carrying 12 hours, you may drop one class. If you are taking 9 hours, you may drop down to 6 hours, etc.
If I completely withdraw from school, will I be eligible to qualify for a grant for the following semester?
If you withdraw from school, you may be required to repay a portion of your grant to the Dept. of Education and Kilgore College. To determine the consequences of your withdrawal, consult with the Financial Aid Office before you drop out.
Does my GPA affect my Financial Aid?
Yes! You must maintain a 2.0 cumulative grade point average or better to be eligible for any financial aid, including federal loans and Pell Grants, for the next semester. If your cumulative GPA is below 2.0, or you drop more than 25% of your classes, you will be placed on either Financial Aid Probation or Suspension and possibly denied future funds. Please see the Kilgore College Financial Aid Satisfactory Academic Progress (SAP) Policy. This policy is located on the Financial Aid Forms page.
How much assistance can I receive?
You may receive up to $5,645 in Pell Grant funds if you qualify for the full amount. The Direct Loan subsidized loan limit for dependent students is $3,500 as a first year student and $4,500 as a second year student. The Direct Loan subsidized loan limits for first year independent students is $3,500 and $4,500. Unsubsidized limits for dependent students are $2,000 and $6,000 for independent students.
How do I get my financial aid reinstated if I am placed on suspension?
To reinstate your financial aid, you will have to pay for at least 12 credit hours and ean a cumulative GPA of at least 2.0. You must also notify the Financial Aid Office that you have reestablished eligibility. Please see the Kilgore College Financial Aid Satisfactory Academic Progress Policy. This policy is located on the Financial Aid Forms page.
When will the money be dispursed?
Disbursements occur when Kilgore College receives and applies your Pell and/or Loans to your charges. Refunds occur 14 days after aid has been applied to your account.
NOTE: Federal Loans will not be disbursed until 30 days after first class day for first-time borrowers...
If you have applied for a Direct Federal Loan(s) and it is the first time that you have ever received a student loan:
Your loan(s) will not disburse to cover your charges until 30 days after the first class day. You will then receive any credit balance refund (on the loans only) 14 days after that. Also note that if you are receiving student loan(s) for the 1st time and for only one semester (ex: Fall only or Spring only) you will receive the loan credit balance in two payments. The first disbursement after all charges apply will be in 14 days as described previously if you have remaining funds after charges are applied; the 2nd disbursement of remaining funds will be approximately thirty days later.
EXAMPLE of Refund dates for first-time loan borrowers or first-time loan borrowers requesting one semester only loans:
- First Refund Date: Regular refund date for all students according to published refund dates - you will receive any credit balance refund of Pell, grants, scholarships, if you have a remaining credit balance after all charges are paid, but not the loan credit balance.
- Second Refund Date: First time loan borrowers refund date is approximately two weeks later than the regular published refund dates - any remaining credit balance from your student loans for students awarded for Fall and Spring.
- Third Refund Date: First time loan borrowers who only request loans for one semester will have refund dates for the 1st student loan disbursement approximately two weeks after the regular published refund dates and then the 2nd disbursement of student loan funds mid-semester.*
*The same rule applies to any regular student that has had loans previously, but now requests loan(s) for only one semester. The student will receive the first half of loan on the regular published refund dates and the 2nd half mid-semester.
Should I include my unborn child as a dependent on my Financial Aid Application?