Tennessee State University Financial Aid
Welcome to the Student Financial Aid Office at Tennessee State University! The mission of our office is to inform students and parents about the various types of financial assistance available and assist them in securing the necessary financial resources to reach their educational aspirations. Financial Aid is designed to assist only,
not fully fund, your educational expenses. Student and family resources are contributing factors in the determination of aid eligibility. In the majority of cases, federal and state financial aid resources are not sufficient to meet a student's expected cost of attendance.
Our offices are located in the Floyd-Payne Campus Center, Third Floor, Suite 343 for your convenience.
Campus Post Office Box 9615
Federal School Code: 003522
For Payment of Tuition, click here .
For Tutorial on "Accepting your Financial Aid Award", click here.
Questions regarding financial aid can be addressed to our financial aid counselors.
Click here to view a list of available staff members here to assist you.
Effective beginning Summer 2009, Tennessee State University will offer Stafford and PLUS loans funded by the Federal Direct Loan Program. TSU no longer processes Stafford or PLUS loans funded through Federal Family Education Loan Program (FFELP) lenders.
The university made the decision primarily because it will save our students and their families money, it will simplify the loan process, and the federal government will provide a stable and predictable source of funding.
Previously, TSU processed student and parent federal loans through private and non-profit lenders that were part of the Federal Family Education Loan Program (FFELP). Until this year, these lenders offered attractive benefits to TSU borrowers.
Recent volatility in the national credit markets and reductions in federal subsidies available to lenders participating in FFELP have led many lenders to stop offering borrower discounts or to discontinue participation in FFELP altogether. In the Direct Loan Program, the U.S. Department of Education acts as the lender, providing funds for Stafford and PLUS loans. Since borrowing is directly through the federal government, loan availability is not expected to be affected by credit market turmoil.
The Federal Direct Loan Program offers students a streamlined process with a known lender, the federal government. Borrowing from the federal government is the best solution for student loans at this time. It is consistent with our need to ensure a high-quality, cost-effective, dependable loan program for TSU families. Direct loans are not sold, so students and parents will make payments to the Department of Education through the life of their loans. The customer service process also is streamlined because there is a single point of contact for schools and students.
TSU will start processing all student and parent plus loans with the Federal Direct Lending program beginning Summer 2009. All returning and new students have to sign a Federal Direct/Stafford Master Promissory note to receive a student loan. All new students will have to complete an entrance interview.
In order to receive a parent plus loan, all parents have to complete a Parent Plus loan request sheet. Click here to access the application and return it to the TSU financial aid office. All parents also have to sign a Federal Direct Master Promissory Note . To receive Federal Direct Loan account information contact: 1-800-848-0979.
Website: Account Information:
https://www.dlssonline.com/borrower/BorrowerWelcomePage.jsp
If you are graduating May 2009, and need to complete your exit counseling session, click on the following link:
Introduction
Financial aid can help you finance your studies at Tennessee State University. It is provided by private organizations, the federal and state governments, and universities. Financial aid is meant to supplement your family's ability to pay for college costs including tuition/fees, room and board, books, supplies, transportation, and other educational expenses.
You receive financial aid if you demonstrate financial need or some other standard of eligibility and meet the university's academic progress standards. You do this by submitting the required applications.
Click here for instructions on how to apply for student aid!
Tennessee Lottery Scholarships Information
To apply for an alternative signature loan, click here
What do I do if I have been selected for verification?
Obtain Financial Aid Forms Online
Online Documents (i.e. In-School Deferement, Dependent Verification, Teacher Loan Forgiveness) that you can save and/or print but they cannot be submitted online.
Other Relevant Office Information
Office of Admissions and Records | Bursar's Office