There are several things you need to know about your financial aid package. First, a determination of your Estimated Family Contribution (EFC) is calculated using the data you provided on your FAFSA. Please note: This Is Not Your Bill. The Financial Aid Office uses your EFC, along with other college associated costs to formulate your Cost of Attendance (COA). This estimation, or COA, includes direct and indirect college associated costs. Direct cost are the institutional charges paid to the college (tuition, fees and if residing on campus, room and board), and the indirect costs are the federally approved expenses associated with attending Talladega College (books, transportation, personal expenses, housing, and meals). Secondly, your financial aid package is based on you attending college at a full-time status. This usually means you’re enrolled and attending 12 or more credit hours, required for your degree, per semester. Should you elect to take less than 12 credit hours, your COA will be reduced based on this change. Please be advised: The Financial Aid Office reserves the right to adjust your award at any time due to changes in enrollment, your eligibility, your FAFSA data, or the availability of funds. Refunds cannot be generated from institutional scholarship awards. We have included all known scholarships and/or other resources associated to your financial aid package as of the date of this letter.
- After reviewing your Award Letter, please reply to our e-mail within seven (7) business days to let us know if you accept or decline all or part of any of your awards. If your total award listed is less than the direct cost (Tuition, Fees, Housing and Meals) you will have a balance due to Talladega College. Please be sure to contact Student Accounts at 256-761-6221 to make payments or develop a payment plan before you arrive on campus.
- Parent Loans for Undergraduate Students (PLUS) is based on credit eligibility. If your parent is approved for this loan AND completes the required Master Promissory Note (MPN), the dollar amount listed can be processed to your student account if your parent is approved. If your parent is denied for this loan, you will have other Federal Student Loan options. Please see a Financial Aid Counselor for more information.
- Any required documentation associated with the completion of your FAFSA must be received in our office prior to the processing of any aid, this includes institutional funds.
- Students accepting a Federal Loan for the first time are required to complete Loan Entrance Counseling (LEC) and a Master Promissory Note (MPN). You can accomplish this requirement by visiting www.studentloans.gov .
Thank you for your interest in attending Talladega College. We look forward to serving you on campus!
Office of Student Financial Aid
Seymour Hall, Lower Level, Room 11A
627 W. Battle St.
Talladega, AL 35160