We're here to help you!

You're in the right place to get all the information you need about qualifying for, applying for, and receiving financial aid. Below you will find step-by-step instructions walking you through the financial aid application process, as well as other helpful information and links.



Panola College requires students applying for grants or loans to submit the Free Application for Federal Student Aid form to the Department of Education. This application is used to determine federal and state grant eligibility. Our federal school code is 003600.

Excess funds release date for the fall semester is November 19, 2021.

Apply for Financial Aid

These steps are a general guideline. Your financial aid process may include more steps or less, depending on your eligibility and when you begin the process.

All official financial aid correspondence will go to the student's Panola College email address. Students may not receive federal financial aid at different colleges during the same semester.

STEP 1: Complete the Free Application for Federal Student Aid (FAFSA).

STEP 2: Check your Panola College email. 

  • You will receive notification through your Panola College email about additional information that will be required once the FAFSA has been processed.

STEP 3: Check Student CampusConnect for your financial aid offers. Please contact admissions@panola.edu if you do not have access to Student CampusConnect. 

STEP 4: Log into your Student CampusConnect to complete any missing documents or additional paperwork required by the Department of Education.

  • Most forms can be completed and submitted online.
  • Forms listed in red are not available online and students will need to contact the Financial Aid Office for more information. Paper documents are also available by contacting fao@panola.edu.

STEP 5: Accept student loan(s) using a computer via your Student CampusConnect.

Apply for a Student Loan

You must be enrolled in six (6) credit hours to qualify for a loan.

STEP 1: Complete "How to Apply for Financial Aid" steps first

STEP 2: Complete the Entrance Counseling

STEP 4: Complete the Direct Loan Request form

Getting Your Money

Financial Aid recipients who have a remaining balance, after tuition, fees, and other outstanding debts will receive their excess funds on September 30, 2021 for the fall semester.

Award amounts can be viewed through your Student Campus Connect

Students with credit balances may charge books and supplies through the Panola College Store. Visit their website for textbook purchasing dates or to place an online order. Books can be ordered using the student's Panola College ID number.

Cost of Attendance

Understanding Your Costs

Tuition & Fees: The average cost of tuition and fees for a typical undergraduate student based on full-time or part-time enrollment. Full-time undergraduate = 30 hours per year

Housing & Meals: A reasonable estimate of what it would cost to live in our area while attending school. Actual costs may vary by individual choices related to location and circumstances. Average costs are calculated based on whether you are living on campus, off-campus, or at home.

Books & Supplies: The average cost of books and supplies for a typical student for an entire academic year.

Transportation: Average transportation expenses for at-home students and off-campus students are based on an average 30-mile round trip to campus.

Miscellaneous: Average expenses are calculated based on potential expenses that you may incur based on whether you are living on campus, off-campus, or at-home with your parents.

2021-2022 In-District Cost of Attendance
BASED ON 15 CREDIT HOURS FOR FALL AND SPRING Panola County Home with Parents Panola County On-Campus Panola County Off-Campus
Tuition $990 $990 $990
Fees $1,650 $1,650 $1,650
Books/Supplies $1,984 $1,984 $1,984
Room/Board $4,847 $5,290 $5,734
Personal $3,541 $3,541 $3,541
Transportation $3,281 $3,281 $3,281
Total $16,293 $16,736 $17,180
2021-2022 Out-District Cost of Attendance
BASED ON 15 CREDIT HOURS FOR FALL AND SPRING Out of District Home w/ Parents Out of District On-Campus Out of District Off-Campus
Tuition $990 $990 $990
Fees $3,480 $3,480 $3,480
Books/Supplies $1,984 $1,984 $1,984
Room/Board $4,824 $5,168 $5,707
Personal $3,541 $3,541 $3,541
Transportation $3,281 $3,281 $3,281
Total $18,100 $18,444 $18,983

Helpful Financial Aid Links and Forms

SAP (Satisfactory Academic Progress) Every student that receives financial aid is required to make Satisfactory Academic Progress. Review the College Catalog for more information on SAP. 

Financial Aid Appeal Form - If you have lost FSA eligibility, complete the Financial Aid Appeal Form. 

FAFSA Filling Waiver - Panola College requires students who are receiving an institutional scholarship to file the FAFSA for additional assistance for their education. The FAFSA filing waiver may be filed by a student to waive their right to be considered for any federal or state financial assistance.

Federal Work-Study - Federal Work-Study information and applications are available in the Human Resources Office.

IRS Income Tax Transcript - You can request a copy of your IRS income tax transcript online, by mail, or by calling 1-800-908-9946.

Hazlewood Act - The Hazlewood Act is a State of Texas benefit that provides qualified Veterans, spouses, and dependent children with an education benefit of up to 150 hours of tuition exemption, including most fee charges, at public institutions of higher education in Texas. This does not include living expenses, books, or supply fees.

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When is the deadline for submitting the FAFSA?

The FAFSA and all necessary paperwork should be completed before your bill is due for the semester.

When do we get excess funds?

Fall 2021 financial aid excess funds will be dispersed on September 30, 2021.

How do I get a loan?

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

  • Complete "Applying for Financial Aid" steps first
  • Complete the Entrance Counseling 
  • Complete the Loan agreement for Subsidized/Unsubsidized Loan (MPN)
  • Complete the Direct Loan Request form

See "Apply for a Student Loan" for more information on the Financial Aid page.

Where can I get an update on the status of my financial aid?

You can find your log into Student CampusConnect and select "Review Financial Aid".

View All Financial Aid FAQs
Contact us:

Email: fao@panola.edu

Phone: 903-693-2035

Fax: 903-693-1122


Mission Statement

The Financial Aid Office is committed to providing a high level of service and support to the students of Panola College. By providing this support, we allow students to achieve their educational goals through the removal of financial barriers or obstacles on their road toward attending college.



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.