Panola College Financial Aid Office

Welcome to the Panola College Financial Aid Office! You're in the right place to get all the information you Financial Aidneed about qualifying for, applying for, and receiving financial aid. We encourage you to explore the many scholarship, grant, loan, and work-study options available that help make paying for college as affordable as possible.

Refund Schedule for Summer 1 2016 will be as follows:

June 27, 2016 

All summer loans must be applied for and accepted by June 14, 2016.  No loans will be processed after that date for summer.


 Instructions for filing for Federal Financial Aid 

  1. File the Free Application for Federal Student Aid (FAFSA) -
  2. Fall/Spring Applications: Complete the Panola College Financial Aid Information Sheet. Summer Applications: Complete the Panola College Summer Funding Request.
  3. IRS Income Tax Transcript Number 800.908.9946 or

Instructions for Completing the Student Loan Application

  1. You MUST be enrolled in 6 credit hours to qualify for loans
  2. Complete the Panola College Direct Loan Request Form
  3. Go to
  4. Complete Entrance Counseling
  5. Complete the Master Promissory Note

Helpful Links

Financial Aid

» You will receive notification about additional information that may be required once your FAFSA has been processed.  You will be notified through your Panola College email.  ALL Official Financial Aid correspondence will go to your Panola email.  You may not receive Federal Financial Aid at different schools in the same semester.  

»  IRS Income Tax Transcript Number 800.908.9946 or

» Check Campus Connect for awards.

» Call (903) 693-2039 for more information.

»You must accept your student loan(s) in Campus Connect

Return to Title IV

Policy on Return to Title IV (R2T4) - The U. S. Department of Education (USDOE) requires schools to calculate a R2T4 for students that stop attending class, or totally withdraw before the 60% point of the semester. This could result in the school having to refund federal funds to the USDOE. The funds will be returned in the following order: Unsubsidized loan funds, Subsidized loan funds, then the Pell Grant funds.  The student is then responsible for paying the school the amount that was refunded.

Federal Work Study

Federal Work Study information and applications are available in the Human Resources Office. For additional information please click here.

Photo by Jessica Nichols

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