Financial Aid Checklist

Your first step is to find out how much college is going to cost.  That cost should include the tuition at the college you have selected, books, supplies, room and board, utilities, telephone, transportation, and other school fees.  Below is a checklist so that you can make sure you have everything ready in advance.

  1. Apply for Admission to your school of choice.
  2. Request a student or parent PIN# from the Department of Education via: http://www.fafsa.ed.gov.
  3. Once PIN# is received, complete the FASFA form online at http://www.fafsa.ed.gov. (This needs to be completed annually and you'll need your parent's filed tax returns to complete the FAFSA form!)
  4. Once the FASFA is processed you'll receive an "Award" letter which outlines the financial aid programs you qualify for including: grants, scholarships, work-study programs, and Federal "Stafford" and PLUS loans (Parent or Grad PLUS Loans).
  5. You must then certify your awarded financial aid programs through the college's Financial Aid department.
  6. Next, complete your awarded student loan documents via the web for: Stafford loans or PLUS loans selecting TexasBank as your Student Loan lender, using Lender Code: 821016.
  7. Student loan funds will be disbursed by TexasBank to the college, per disbursement date schedule.

Texas Bank offers students and parents the ability to save a lot of money by providing you our "Repayment Savings Program". 

The Repayment Savings Program is as Easy as
1-2-3:
  1. Coordinate your student loan arrangements with your college's financial aid office and select TexasBank as your student loan lender using - Lender Code: 821016.
  2. Once in loan repayment, sign up for the auto debit feature and receive an immediate .30% interest rate discount.1
  3. 10% Early Loan Forgiveness (ELF) program. NTHEA will forgive 10% or a maximum of $1,000 of your final student loan balance.2

1. Applies to all Stafford and PLUS loans first disbursed on or after 7/1/2008. NTHEA reserves the right to change or discontinue its benefit(s) at any time without notice, but previously qualified loans will not be affected. Other terms and conditions may apply; see NTHEA’s website at www.nthea.com for more details.

2. The Early Loan Forgiveness (ELF) program applies to all Stafford and PLUS loans first disbursed on or after 7/1/2008 that are held by NTHEA at the time of forgiveness. The ELF program is limited to one benefit per borrower, borrower must be in repayment to be eligible, and the borrower must have made at least one full payment on the loan(s). Up to 10% of the original principal account balance may be forgiven, not to exceed $1,000, once the account has been paid down to the aforementioned balance or less. Borrowers who qualify for NTHEA’s ELF benefit of up to $599 (loans disbursed from 6/27/02 thru 6/30/08) and who also have additional NTHEA loans disbursed on or after 7/1/08 eligible for NTHEA’s new ELF benefit of up to $1,000 will receive only one ELF benefit. NTHEA will apply the benefit amount most beneficial to the borrower based on the criteria applicable to each program. NTHEA reserves the right to change or discontinue its benefit(s) at any time without notice, but previously qualified loans will not be affected. Other terms and conditions may apply; see NTHEA’s website at www.nthea.com for more details.

Keep your student loans in Texas, By selecting TexasBank – Lender Code: 821016 as your resource for student loans!

*All loans subject to approval, including credit approval.

Click here for our esignature process.
Click here for our plus pre-approval process.
Click here for our grad plus pre-approval process.
When applying for your student loan, remember to use Lender code: 821016, selecting TexasBank as your lender.