Grants

Funds available to students from outside sources, such as state and federal grants, loans, and V.A. benefits, are taken into account when an applicant's financial need is determined. These funds may require a separate application. The amounts from these sources shown on the Award Notice may be estimates and may change when finalized. If necessary, the Office of Student Financial Services will adjust its aid offer after the actual amounts of outside aid are verified during the course of the academic year, contingent on funds available. These funds are administered by agencies outside The University of Tulsa, but completion of the Free Application for Federal Student Aid (FAFSA) initiates the application procedure for most of these programs.

Federal Pell Grants

These grants are available to undergraduates, and range from $523 to $4,731 based on an entitlement computation formula and federal funding. Application is made through the FAFSA.

Federal Supplemental Educational Opportunity Grants (FSEOG)

These federal grants are awarded to undergraduate students showing financial need with priority given to Federal Pell Grant recipients. The number of awards depends on the annual funding allocations set by the U.S. Department of Education.

Academic Competitiveness Grant (ACG)

This is a need based grant, based on full-time status, having Pell Grant eligibility, and passing the definition of "rigorous course of study" as defined by the Department of Education.  Second year students must maintain an accumulative 3.0 grade point average.  Students must have graduated from high school at specific times as determined by the Department of Education.  First year students are entitled to $750 second year students are entitled to $1300.

National Smart Grant

This is a need based grant based on full-time status, having Pell Grant eligibility, and majoring in a major as chosen and defined by the Department of Education.  This is only available to Juniors and Seniors.  A 3.0 cumulative grand point average must be maintained.

TEACH Grants (TEACH)

These are Teacher Education Assistance for College and Higher Education Grants.  These grants are for students who plan to pursue teaching.  This grant must be repaid as a direct unsubsidized loan if the student does not teach for at least four years within eight years of completing their program as a highly qualified teacher, at a Title I School or in a specified subject area.  Students may receive up to $4,000 for first undergraduate programs with an aggregate of$16,000.  Graduate students may receive $4,000 annually with an aggregate of $8,000.  If the student enrolls less than full time, these amounts will be pro-rated.  Students must complete the FAFSA, and must maintain an accumulative 3.25 gpa to receive the grant.  New students must be in the 75th percentile on admissions tests (i.e. SAT, ACT, GRE) to be eligible.

Oklahoma Tuition Aid Grants (OTAG)

Oklahoma residents may qualify for awards up to $1,300. Application is made through the FAFSA. Early application is important, as funding may be limited. Before OTAG awards are disbursed, Oklahoma residency will be verified by the Office of Student Financial Services, using the State Regent's policy for determining residency. Graduate and professional students are not eligible for this grant.

Oklahoma Tuition Equalization Grants (OTEG)

Oklahoma residents meeting certain income categories will receive $2000 in assistance.  These receipients are chosed by TU according to regulations; funding is limited and may be used to offset university scholarships.  Application is made through the FAFSA.  This grant is a need based grant; renewability depends on the family's income.

University Grants

These awards are made possible from general funds budgeted each year with approval of The University of Tulsa Board of Trustees and are available only to full-time undergraduate students. Renewal is based upon maintaining a 2.0 cumulative grade point average and maintaining a need level. During the semester, these awards may be underwritten by an endowed or supported scholarship. The total amount of the award will not change if underwritten.