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. 

Refund date for the Fall semester is November 17, 2017

 Applying for Financial Aid:

  1. Complete the Free Application for Federal Student Aid -(FAFSA) www.fafsa.ed.gov
  2. Complete the additional paperwork required by the Department of Education --  students must log into Campus Connect to see missing documents https://alpha.panola.edu/cc4_ scripts/cc4_server.exe
  3. Request an IRS Income Tax Transcript by calling 800.908.9946 or go to http://www.irs.gov/Individuals/Get-Transcript
  4. Request a Non-filing letter by calling 800.908.9946 or go to http://www.irs.gov/Individuals/Get-Transcript

Applying for a Student Loan:

You MUST be enrolled in 6 credit hours to qualify for loans

  1. Please complete "Applying for Financial Aid" steps first
  2. Complete the Entrance Counseling - https:// studentloans.gov/myDirectLoan/ counselingInstructions.action? counselingType=entrance
  3. Complete the Loan agreement for Subsidized/Unsubsidized Loan (MPN) - https://studentloans. gov/myDirectLoan/launchMpn. action?mpnType=subUnsubMpn
  4. Complete the Direct Loan Request form - http://www.panola.edu/ financial-aid/direct-loan- process-form.html

Helpful Links

» 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 http://www.irs.gov/Individuals/Get-Transcript

» 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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