Types of Financial Aid

Types of Financial Aid

Federal Pell Grant

The Federal Pell Grant is a federal program of entitlement basic to all other student financial aid.  This grant is awarded only to undergraduate students pursuing a first bachelor’s degree, and enrolled in at least one course. The program is based on a need analysis formula, which considers family income and assets, and other factors. The formula is applied when application is made with FAFSA and notification amounts are transmitted to our office electronically with the student’s FAFSA file.

The Pell Grant will be disbursed in two equal payments. The first half will be applied to the student’s account at the beginning of the enrollment period.  The second half will be applied at the midpoint of the enrollment period. For more information go to www.studentaid.gov.

Tuition Equalization Grant (TEG)

The Tuition Equalization Grant (TEG) is a State of Texas grant program for Texas residents who demonstrate financial need and attend a private college in the State of Texas.

The TEG is provided to full time undergraduate and graduate level students who demonstrate need and is meant to help offset some of the difference in cost for students attending private universities in Texas. Students must complete the FAFSA each academic year to be considered for this grant and it is awarded on a first-come, first served basis. This award is for non-ministry majors only and award amounts vary based on state allocation.

Criswell Scholarships

Thanks to generous friends and supporters, Criswell College provides institutional aid to students who meet the scholarships criteria. Policies governing Criswell scholarships can be found on the Forms and Policies page, and criteria lists for each Criswell scholarship can be found by viewing our Institutional Aid Policy. To view our available scholarships visit our Scholarship page.

Outside Scholarships

The Financial Aid Office can provide students with a list of available outside scholarships. Email the Financial Aid Office for more information. The following sites are excellent resources to search for additional scholarships:

Student Employment

Criswell College offers part time employment to a limited number of students each semester. While we cannot guarantee positions will be open every semester, you can contact the Student Services Office for more information and to inquire about potential opportunities.

Criswell College admits students who are Christians of good character, without regard or reference to race, national or ethnic origin, color, age, disability, or sex (except where regard to sex is required by the College’s religious tenets regarding gender and sexuality) to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of these classifications in administration of its educational policies, admissions policies, scholarship and loan programs, and other school-administered programs.