1. Kenmore East College Night
Financial Aid Presentation
April 11, 2018
Pam Beehler–Financial Aid Counselor at Niagara University

2. Financial Aid: Easy as 1-2-3
Step One - Obtain a FSA ID
Step Two – Complete your FAFSA on the Web
Step Three – Complete the NYS TAP Application

3. Step One – FSA ID www.fsaid.ed.gov
Can be done at any time - recommend applying in September/October
Be sure to remember your FSA ID and write it down in a safe place.
Student and at least one parent need FSA ID’s
Use two separate addresses

4. Step Two – Complete the FAFSA
Free Application for Federal Student Aid
Available starting October 1st, 2018

5. What information do I need to complete the FAFSA?
The FAFSA is based off of the tax year.
Parent Federal Taxes
Student Federal Taxes
W-2 forms
Try to use the IRS Data Retrieval Tool to link your tax information from the IRS directly into the FAFSA form.

6. Additional Information needed
Asset information – savings, checking, stocks, bonds, etc.
How many people live in the household?
How many children will be in college?

7. What is the Expected Family Contribution (EFC)
Amount family can reasonably be expected to contribute
Stays the same regardless of college
Calculated using data from a federal application form and a federal formula

8. Common Federal Aid Programs
Federal Pell Grant
Teacher Education Assistance for College and Higher Education Grant (TEACH)
Federal Supplemental Educational Opportunity Grant
Federal Work-Study
Subsidized and Unsubsidized Loans
PLUS Loans

9. Step Three – Complete the TAP Application
Only if you are attending a college in NYS.
Combined net taxable NYS Income is under $80,000
Can complete right after the FAFSA or at a later time.

10. NYS Programs Both have household income requirements
Excelsior Scholarship Program
- Full time SUNY and CUNY in-state students
Enhanced Tuition Awards Program
- Max $6000 at participating in-state degree granting private colleges

11. Scholarships Scholarships through Colleges
Outside Private Scholarships -
- Check with Guidance Counselor
- Local Stores, Community Centers
- Community Foundation of Greater Buffalo

12. Private Sources Foundations, businesses, charitable organizations
Deadlines and application procedures vary widely
Begin researching private aid sources early

13. Timeline September/October – Apply for FSA ID
October/November - Complete FAFSA/TAP
December - February– Start to receive Fin Aid packages from schools.
May 1st – Common deadline to deposit at a school.

14. Questions??