What is Financial Aid? / ¿Qué es la ayuda financiera?
What is Financial Aid? / ¿Qué es la ayuda financiera?
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Financial aid is money that is provided to students or their families to help cover the cost of education. FAFSA and TASFA are rewarded to students from the federal government and the state government.
La ayuda financiera es dinero que se proporciona a los estudiantes o sus familias para ayudar a cubrir el costo de la educación. FAFSA y TASFA son otorgadas a los estudiantes por el gobierno federal y el gobierno estatal.
DOES MY SENIOR NEED TO DO THE FAFSA?
DOES MY SENIOR NEED TO DO THE FAFSA?
Meeting the financial aid graduation requirement is mandated by the state of Texas. Your senior MUST meet requirement in order to walk the stage. You can meet the Financial Aid Graduation Requirement in the following ways:
Completing the FAFSA/TASFA for the respective school year, OR
Completing an Opt-Out Form if your student will not be attending college. You can obtain this form by visiting with your student's academic counselor.
We encourage ALL students to complete the FAFSA/TAFSA, although not everyone will qualify for income-based grants, many scholarship committees still require students to complete a FAFSA/TASFA in order to maintain eligibility.
What is the FAFSA?
What is the FAFSA?
FAFSA - Free Application for Federal Student Aid
The FAFSA typically opens on October 1 for seniors. However, for the class of 2025, it will open in December.
Before each year of college, apply for federal grants, work-study, and loans with the Free Application for Federal Student Aid (FAFSA®) form.
Colleges use your FAFSA data to determine your federal aid eligibility. Many states and colleges use FAFSA data to award their own aid or emergency aid to students.
After submission, you’ll receive your Student Aid Report (SAR) from each college you listed and are admitted to.
FAFSA - Solicitud Gratuita de Ayuda Federal para Estudiantes
La FAFSA generalmente abre el 1 de octubre para los estudiantes de último año de secundaria. Sin embargo, para la clase de 2025, abrirá en diciembre.
Antes de cada año universitario, solicita subvenciones federales, programas de trabajo-estudio y préstamos con el formulario de Solicitud Gratuita de Ayuda Federal para Estudiantes (FAFSA®).
Las universidades utilizan los datos de tu FAFSA para determinar tu elegibilidad para la ayuda federal. Muchos estados y universidades también utilizan los datos de la FAFSA para otorgar su propia ayuda o ayuda de emergencia a los estudiantes.
Después de enviarla, recibirás tu Informe de Ayuda Estudiantil (SAR) de cada universidad que incluiste en tu lista y a la cual hayas sido admitido.
THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA)
For those completing a 2025-26 FAFSA form, you need the following information:
Your Social Security Number
Your A-Number (if you're not a U.S. citizen)
Federal income tax returns, records of child support received; and your current balance of cash, savings, and checking accounts (Note: You must provide consent and approval to disclose your federal tax information to be eligible for federal student aid.)
Bank statements and records of investments (if applicable), net worth of investments, businesses, and farms
Records of untaxed income (if applicable)
An FSA ID (account username and password) to log in to StudentAid.gov and start the FAFSA form electronically
What is TASFA?
What is TASFA?
TASFA - Texas Application for State Financial Aid
Opens in December for qualifying seniors
The Texas Application for State Financial Aid (TASFA) is used to collect information to help determine eligibility for state financial aid programs that are administered by institutions of higher education in the state of Texas.
Students that are classified as a Texas Resident who CANNOT apply for federal financial aid using the Free Application for Federal Student Aid (FAFSA) are encouraged to complete the TASFA.
Please check each college's financial aid website for specific instructions on submitting the TASFA.
TASFA - Solicitud de Ayuda Financiera del Estado de Texas
Abre en diciembre para estudiantes de último año que califican.
La Solicitud de Ayuda Financiera del Estado de Texas (TASFA) se utiliza para recopilar información que ayuda a determinar la elegibilidad para los programas de ayuda financiera estatal que son administrados por las instituciones de educación superior en el estado de Texas.
Se anima a los estudiantes clasificados como residentes de Texas que NO puedan solicitar ayuda financiera federal mediante la Solicitud Gratuita de Ayuda Federal para Estudiantes (FAFSA) a completar la TASFA.
Por favor, revisa el sitio web de ayuda financiera de cada universidad para obtener instrucciones específicas sobre cómo enviar la TASFA.
Students who are classified by the institution as a Texas Resident who cannot apply for federal financial aid, using the Free Application for Federal Student Aid (FAFSA), are encouraged to complete the TASFA. To see if you qualify for the FAFSA, please visit www.studentaid.gov. Do not complete both the FAFSA and TASFA.
TASFA applicants usually include students who are non-citizens or non-permanent residents of the United States. Before you begin, contact the institution you plan to attend to verify your eligibility to submit the TASFA. If you need help deciding which application (TASFA or FAFSA) to complete, start here.
WE ARE HERE TO HELP!
WE ARE HERE TO HELP!
PHS will host the following FAFSA nights to help your student meet all their graduation requirements! Please Join us for one of these dates!
October 15th, 2025 in the Permian Library starting at 4:30 p.m.
November 12th, 2025 in the Permian Library starting at 4:30 p.m.
December 10th, 2025 in the Permian Library starting at 4:30 p.m.
January 14th, 2026 in the Permian Library starting at 4:30 p.m.
February 4th, 2026 in the Permian Library starting at 4:30 p.m.
If you are not able to make it to one of these events but are needing help completing the form, please visit with your student's academic counselor or college & career advisor and schedule an appointment.
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