Texas Residents ONLY - $10,000 per regular academic year maximum.

For information regarding using these funds for summer school, please see the summer financial aid page.

PLEASE SEE NOTE BELOW ABOUT PROCESSING TIME.

The College Access Loan is available from the state of Texas for students who are Texas residents. Limited funds provided from state sources. Students must be enrolled at least half-time (6 hours for undergraduates).

Eligibility: This loan is limited to $10,000 per year for students at TCU. The student will be the borrower on this loan, and will require a credit-worthy cosigner if the student’s credit is not sufficient. Spouses are not eligible to cosign on this loan.

Lender: Texas Higher Education Coordinating Board

Loan Terms: Fixed interest rate of 6%. Repayment begins 6 months after the date the student is no longer enrolled at least 1/2 time (or student graduates). Fee deducted from application amount will be 3% - 5%, depending on credit.

Access online application here.

Important: If you will be applying for a CAL loan for summer as well as a CAL for fall/spring, you must wait a minimum of 2 weeks between these applications. (See the summer financial aid page for more details regarding summer financing.)

Please Note: Credit approval information is not available to TCU prior to disbursement of College Access Loans. Therefore, the TCU Financial Services office will not be able to consider these funds in their calculations of anticipated financial aid. You may be required to make a payment on your student account prior to loan disbursement.

Processing time on state loan programs can be up to 10 weeks and disbursements from the state can be delayed significantly past university requested disbursement dates. During this extended processing time, pending proceeds from this loan will NOT be considered when calculating account balances and payment due amounts and finance charges WILL be assessed. If you cannot make payments to TCU on or before the billing due date, we strongly recommend that you select another type of loan program.

College Access Loan Exit Interview Form (for students graduating or withdrawing from TCU)