The Red Raider Guarantee
All Texas children deserve access to higher education.
In an effort to increase access to higher education, Texas Tech has implemented a plan to guarantee free tuition and mandatory fees up to 15 credit hours per semester to new entering freshmen who are Texas residents, enrolled full-time with family adjusted gross incomes that do not exceed $40,000.
Eligible students must apply, be accepted for admission and have a complete financial aid file before May 1, 2008 to receive the guaranteed funds. Any applications received after May 1, 2008 will be awarded based on available funding. Students may qualify for the program for up to eight (8) semesters of full-time enrollment. Under this program tuition and mandatory fees will be paid by a combination of federal, state, and institutional funds. Examples of funds include, but are not limited to, PELL Grant, SEOG, Texas Grant, Texas Public Education Grant, Texas Tech Grant, scholarships, etc...
The plan goes into effect for the fall 2008 semester.
Red Raider Guarantee Requirements:
To be eligible you:
- Must be an entering freshman (transfer students are not eligible).
- Must be a Texas resident
- have an adjusted gross income of $40,000 or less
- Must be enrolled full-time (12 hours) each semester
- must apply, be accepted for admission and have a complete financial aid file by May 1, 2008
Disclaimer - In accordance with NCAA Bylaws, current and prospective student-athletes will be awarded on an individual basis. In some cases, certain forms of financial assistance may not be accepted nor awarded.
Related Links
Mentor Tech - facilitates mentoring between faculty and staff members and freshman, first year transfer and graduate students.
McNair Scholars Program - provides help and funding for first generation college students to pay for their higher education and awards grants for projects designed to prepare students for doctoral studies. As part of the program, students have the opportunity to work closely with a graduate student mentor and a faculty mentor, conduct research, as well as write and present research findings at professional and academic conferences.
UpWard Bound - recruits and assists students from families with limited financial resources and whose parents do not have a bachelor's degree.
FAQs
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Is there a separate application for the RRG?
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No. Once the student files the FAFSA, the Financial Aid Office will identify
all eligible students.
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If I am eligible for the RRG, will I continue to receive the RRG for the
remaining semesters?
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The Financial Aid Office will identify all eligible recipients. Eligible
recipients need only complete the FAFSA for each academic year and meet program
guidelines.
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Do courses taken in high school or CLEP courses affect my eligibility for
RRG?
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No. Credits taken as a non-regular college student will not count against the First
Time student designation.
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If I transfer in to Texas Tech, am I eligible to receive the RRG?
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Due to funding levels, transfers are not eligible receive RRG.
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Does RRG cover part-time enrollment?
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No. Students must be enrolled full time.
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Are there academic requirements to remain eligible for the RRG?
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Yes. Students must meet the institution´s satisfactory academic progress (SAP)
requirements. The SAP requirements are the same as for most other financial aid
programs (excluding TEXAS Grant and B-on-Time Loan).
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Is the RRG available to dependent and independent students?
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Yes. The RRG applies to any first time entering freshman, whether dependent or
independent
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Am I guaranteed funding for tuition and fees for all eight semesters?
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Yes, as long as the family adjusted gross income is $40,000 or less for the tax
year required on the FAFSA.
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How much am I eligible to receive from the RRG?
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The RRG may be used towards the average cost of 15 credit hours per semester.
For example, $7050 was the maximum RRG for the 2007-2008 academic year.
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Can the RRG be used towards summer enrollment periods?
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No. RRG only applies to enrollment during fall and spring semesters.
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What if my file is completed after May 1?
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Student files completed after May 1 will be awarded based on the availability
of funds.
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Is a student eligible if they enter the University as a new freshman in the
spring?
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Yes. Students entering the University in the spring will be awarded based on
RRG guidelines.
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If I am an entering freshman in summer 2008, am I still eligible for the
RRG for fall 2008?
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Yes. Freshmen who enter in the summer will be considered the same as first time
freshmen entering in the fall. Still, the FAFSA and all required documentation
must be completed by May 1.
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Will students who enter in fall or spring but complete their FAFSA after
the May 1 deadline automatically be eligible for the next academic year?
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Applicants will not automatically be eligible for the RRG in subsequent years.
Each student will be evaluated individually based on their specific situation
AND the availability of funds.
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What happens to the RRG if the AGI exceeds $40,000 on a subsequent year´s
FAFSA?
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If a student qualifies for RRG in their initial year but the AGI goes above
$40,000 in a subsequent year, the student will not qualify for the RRG.
Students are encouraged to apply for financial aid each year. If their
situation changes and the AGI is less than $40,000, the student would be
eligible to receive RRG again.
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Does the RRG have any bearing on the financial aid eligibility of students
with an AGI above $40,000?
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No. Financial aid eligibility is calculated yearly and is based on a student´s
financial status in that respective academic year. RRG will not reduce
available aid for these students.
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If I am not a Texas resident but am eligible to pay resident tuition rates,
will I qualify for the RRG?
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No. Qualifying students must be Texas residents.
Contact the Texas Tech Office of Financial Aid at 742-3681 or finaid.advisor@ttu.edu. Visit their Web site for more information.