TAP, College & Career Planning
TAP
Eligibility v US citizen or eligible non-citizen v Legal resident of New York State v Study full-time at an approved program of study in a NYS post-secondary institution v High school graduate, have GED or pass a federally- approved Ability to Benefit exam v Be in good academic standing v Have at least a cumulative “C” average after receiving two annual TAP payments v Not be in default of a student loan guaranteed by HESC v Not be in default of any repayment of state awards v Meet income eligibility requirements
Awards Ranges v Dependent undergraduate –$500-$5,000 v Independent undergraduate –$500-$3,025 v Graduate –$75-$550
Actual Awards v TAP awards are based on: –Type of academic institution and tuition –NYS net taxable income Up to $80,000 combined family income for dependent undergraduate student, married students, or student with tax dependents Up to $10,000 for single independent students with no dependents Pension Income Inclusion – NYS net taxable income, plus income from state, local and federal government pensions
How to Apply for TAP
FAFSA Complete the FAFSA
New York State Residents
If the student doesn’t use the TAP link on the FAFSA confirmation page, the student must wait three business days for using TAP on the Web (TOTW)
TOTW v After the FAFSA processer sends data and a valid EFC to HESC, HESC will: – student with a link to TOTW site or mail a postcard to students without an address –After seven days, another or postcard is sent –After 14 days, a paper TAP application is sent with a cover letter encouraging the student to use the Web and includes the link
Next Steps
Online Change Form
TAP Request for Information
Part-time Students
Part-time TAP v Student must have earned at least 12 credits in each of two consecutive semesters v 6-11 credits v Maintain a “C” average v Standard TAP application process
APTS v Aid for Part-time Study v Part-time undergraduate study at NYS participating institutions v Maximum award $2000 annually v Campus-based application and award process –HESC distributes APTS funds to participating colleges –Colleges award APTS based on funds availability and student need
Additional Information
HESC E-Library
College & Career Planning
Career
CareerZone v Review careers by clusters –Identifies careers with expected higher demand v Assessment tool v Career descriptions –Educational requirements –NYS schools
Mapping Your Future
CareerShip v Information: v Description v Tasks v Wages v Career outlook v Interests v Education v Knowledge v Skills v Similar careers v Review careers by cluster v Review featured career v Match career to interests v Career search
Career Voyages v Where to start? v Where will the demand be? v Does education pay? v How do I get started?
College Planning
College.gov v Why go? v What to do? v How to pay? v I’m going
College Navigator v Help find the right college v Search functions by level of award, institution type, state
Show Me The Future v Online life skills and financial literacy game: v Helps students learn basic skills in financial planning, goal setting, and decision-making –Cost of living –Budgeting –Difference between wants and needs –Importance of financial planning –Need to set career goals –Value of higher education v Helps students envision their futures
FACTS v Financial Awareness and Consumer Training for Students –Develops financial literacy for your students at your campus v Professional staff from HESC will provide training for you, your staff and your students
Training Outline v Importance of Completing High School/College v Identify Needs vs. Wants v Develop a Spending Plan v Use of Debit vs. Credit Prevent Identity Theft
Money Wise 411 Money Wise 411 is designed specifically for high school students in order to develop skills and avoid credit card debt!
School Responsibilities v Ensure Attendance v Distribute Surveys
FACTS Contact Pamela Jerome (518)
Helpful Web Sites v v v v v v v v nces.ed.gov/collegenavigator v amilies/fosteranswers.htm
Saving For College!
Thank you Questions?