Financial Aid Basics Tom Panettiere & Greta Silva Student Financial Services

Every Year Please: Complete the FAFSA, Free Application for Federal Student Aid Available October 1 Uses 2-year old tax information New York Residents should also apply for TAP, Tuition Assistance Program New York Residents should also apply for the Excelsior Scholarship

Excelsior Scholarship will help families with incomes generally between $50,000- 125,000 for 2018-19* Be a NYS resident & a US citizen or eligible non-citizen Be attending a SUNY or CUNY Be on track to graduate on-time Must complete at least 30 credits per year Meet household Adjusted Gross Income limits: $125,000 in 2019/20 uses 2017 income Live/work in NYS agreement (failure to do so can turn this to a loan) Limited Window to Apply Contact New York State Higher Education Services Corporation 888-697-4372 Sign Up Online to Receive Email Notifications Chat Feature Works Well

Important Tips If Your Situation Changes From the 2 Year Old Tax Info…Contact the Financial Aid Office Look into working on campus through Work-Study or Career Development/JobScore Stay On Track to Graduate On Time or Early! Students need to be monitoring their Purchase College email

How Much Can College Cost? 4-Year PUBLIC In-State, On-Campus Tuition and fees: $ 8,688 Room and board: $13,764 Books and supplies: $ 1,250 Transportation: $ 1,170 Personal expenses: $ 2,100 Cost Of Attendance: $26,972

What Determines Financial Need? Expected Family Contribution

The Road to FAFSA Make sure it’s the correct webpage! And FREE FAFSA.ED.GOV Create an FSA ID for student and one parent FSAID.ED.GOV

Purchase College Scholarships- $2.2 Million Awarded in 2018-19 Liberal Arts and Science (LAS) students: Admissions Office determines scholarship eligibility for new students. Students in Arts Conservatories have their eligibility determined by the Conservatory based on talent, auditions and/or portfolio review. Questions on scholarship eligibility can be forwarded to Daija Russell, Scholarship Coordinator daija.russell@purchase.edu

The College Board www.collegeboard.com FastWeb.com www.fastweb.com Federal Money www.fedmoney.org FinAid.org www.finaid.org Scholarships.com www.scholarships.com

Looking Forward Learn about smart borrowing (Purchase College website under Financial Aid/Financial Literacy SUNY Smarttrack Financial Planning) Help is all around Plan to complete your degree on time or early Be aware of deadlines