Important Information for 2007-2008 Award Letters

Estimated Charges for Full-time Enrollment at TFC

For the Year By the Semester	For the Year	By the Semester
Tuition:	$13,700	$6,850
Room & Board for Residence Hall Students:	$5,050	$2,525
Total:	$18,750	$9,375
Additional Costs:	For the Year	By the Semester
Estimated Books & Supplies:	$908	$454
Student Fee for First Time Students:	$125
Music Fees Per Credit Hour:
Class Applied Music Fee:	$175 per hour
Private Applied Music Fee:	$350 per hour

 

General Information

The awards that appear on the Award Letter are for full-time attendance (12 credit hours per semester). If you are less than full-time, some of your awards may be reduced and/or cancelled. Contact your Admissions Counselor or the Office of Financial Aid if you have questions.

Federal Work-Study Awards

Please keep in mind that even though you may have been awarded Federal Work-Study, this is just an indication of your eligibility and it is your responsibility to secure a job on-campus. You can check on availability and qualifications via the "Student Employment" link: TFC Student Employment .

Students that are awarded federal work-study cannot use these funds to reconcile their student account since wages are paid directly to students.

Federal Stafford Loan Borrowers

The loan amount on your award letter shows the maximum amount of loan eligibility for the Stafford Loan. You may not need this amount to satisfy your financial obligation to the college. You are strongly encouraged to borrow only what you need. Loan borrowers may be charged a guarantee and/or an origination fee of up to 4% of the loan. For instance, if you borrow a $2,000 loan, you may only receive $1,920 ($2,000 minus the 4% fees).

First-time Stafford Loan borrowers at TFC will need to complete additional paperwork to borrow under the Stafford Loan program (please see Award Letter concerning this). Choosing a lender is an important part of the loan application process. Please access our "Preferred Lender List" link at TFC Lender List to assist you in this process.

Federal PLUS (Parent) Loan Borrowers

For parents who choose to borrow a loan for their dependent child, the amount on the award letter shows the maximum amount of loan eligibility for the PLUS Loan. You may not need this amount to satisfy your financial obligation to the college. You are strongly encouraged to borrow only what you need. Loan borrowers may be charged a guarantee and/or an origination fee of up to 4% of the loan. For instance, if you borrow a $2,000 loan, you may only receive $1,920 ($2,000 minus the 4% fees).

PLUS Loan borrowers will need to complete additional paperwork including a credit check to borrow under the PLUS Loan program (please see Award Letter concerning this). Choosing a lender is an important part of the loan application process. Please access our "Preferred Lender List" link at TFC Lender List to assist you in this process.

Endowed and Funded Scholarship Recipients

Your Award Letter is notification that you have received an Endowed and/or a Funded Scholarship. If you have received either of these, you will need to complete additional paperwork (please see the Award Letter concerning this).