Need info about the Texas Advance Commitment

Hey peeps, I've been curious about the Texas Advance Commitment. Any details about this program would be really helpful - is it a financial aid program or scholarship initiative or something else entirely? How can one be eligible for it?

The Texas Advance Commitment is an important initiative from the University of Texas at Austin, aimed at making college more affordable for in-state students. It's not a scholarship program per se, but more of a financial aid initiative that's centered on need-based assistance.

To be considered eligible, there are several requirements:

1. You must be a Texas resident. This program is specifically for in-state students.

2. The family income plays a crucial role in determining the level of support. Depending on income level, it provides full tuition coverage to eligible students with family incomes up to $65,000 and assured partial tuition support to students whose family incomes are up to $125,000, assuming they have financial need.

3. You should be an incoming freshman student or a transfer student entering UT Austin for the first time. Current students who enrolled prior to Fall 2020 are not eligible.

4. You must complete and submit your FAFSA or TASFA form by the priority deadline, which typically falls in January.

5. Students must have financial need, which is determined by the financial information provided on the FAFSA or TASFA.

Once deemed eligible, the Texas Advance Commitment will cover your tuition using grants or scholarships. It's also important to note that this program does not cover the additional costs of attending college, such as room and board, books, transportation, and personal expenses. Those costs would have to be covered through other financial assistance or out-of-pocket. Remember, financial aid packages can be a complex mix, and you should always consult with a college's financial aid office to fully understand what's being offered.