FORWARD Loan Program

What programs qualify for a FORWARD loan?

The following programs are eligible for FORWARD loans.

Am I eligible for a FORWARD loan?

To be eligible for a FORWARD loan, you must:

• Be a Texas resident
• Be registered with Selective Service, or be exempt
• Meet TCC's satisfactory academic progress (SAP) requirements
• Receive a favorable credit evaluation or provide a cosigner who has good credit standing and meets other requirements
  • Learn more about favorable credit evaluations and cosigner eligibility requirements.
• Not exceed the manageable loan debt calculated by the Texas Higher Education Coordinating Board
  • Learn more about manageable student debt.
• Be enrolled in an eligible program
  • If you're enrolled in a degree program, you must have completed at least 50% of the required coursework prior to receiving a FORWARD loan.
  • If you're enrolled in a non-degree program, the program's duration must be less than two years.

Eligibility for the program ends two years from the start of the semester in which you received your first FORWARD loan payment.

How do I apply for a FORWARD loan?

Visit the Texas Higher Education Coordinating Board (THECB) website to learn how to apply for a FORWARD loan.

When will my FORWARD loan be disbursed?

Your Loan Consummation Disclosure, which you'll receive from HHLoans, will provide an estimated disbursement date.

The earliest that funds can be disbursed is 11 business days after you've been mailed your Loan Consummation Disclosure.

Is there a limit on how much I can borrow?

TCC encourages you to borrow only what you need to help cover your education expenses. This helps avoid building up a significant amount of student loan debt.

You may borrow up to the full cost of attendance, minus financial aid you're eligible for (including amounts not yet accepted).

What is the interest rate for a FORWARD loan?

Interest will start accruing on your loan from the first date of disbursement.

Interest is a fixed annual rate of 3.35% and is not capitalized.

When do I repay my FORWARD loan?

You have a six-month grace period for loan repayment beginning the date you cease to be enrolled at least half-time at TCC.

Monthly payments are calculated annually based on income, the monthly accrued interest on your FORWARD loan, and cumulative outstanding student loan principal balance.

Learn more about FORWARD loan repayment.