What are the “financial need” criteria for an initial TIP award?
• Family Contribution • A dependent student whose expected parent contribution is $200 or less. • An independent student whose academic year contribution is $200 or less. • TANF or W2 Benefits • A dependent student whose family is receiving TANF or W2 benefits. • An independent student who is receiving TANF or W2 benefits. • Unemployment • A dependent student whose parent(s) are ineligible for unemployment compensation and has/have no current income from employment. • An independent student (and spouse, if married) who is/are ineligible for unemployment compensation and has/have no current income from employment. PLEASE NOTE! An eligible initial TIP recipient must meet at least one of the financial need criteria AND at least one of the non-traditional / educationally-disadvantaged criteria. • What are the “non-traditional / educationally-disadvantaged” criteria? • The student is: • African-American; • Hispanic, defined as a person of any race whose ancestors originated in Mexico, Puert
