Download presentation
Presentation is loading. Please wait.
1
Financial Aid Basics CITY COLLEGE IS
2
Topics The Free Application for Federal Student Aid (FAFSA)
Types of financial aid & eligibility criteria Cost of Attendance (COA) New York State Aid 2I FA Basics CITY COLLEGE IS
3
The Free Application for Federal Student Aid (FAFSA)
Complete a FAFSA ( as early as October 1st every year. The School Federal code is Completing a FAFSA determines eligibility for: Federal Pell grant Federal Work-Study award FSEOG grant Federal Student Loans Use prior year’s income documents (ex IRS Transcript, W-2’s, or other income for FAFSA Application) 3 I FA Basics CITY COLLEGE IS
4
FAFSA cont’d Follow-up is important! Review your “Student Aid Report” (SAR) sent via from the federal processor. Check your “To Do List” on your CUNYfirst “Student Services Center” to ensure that you do not have any checklist items that need further action. 4I FA Basics CITY COLLEGE IS
5
State Grants & Scholarships Federal Work Study (FWS)
Types of Financial Aid Federal Grants Loans State Grants & Scholarships Federal Work Study (FWS) Scholarships 5I FA Basics CITY COLLEGE IS
6
Eligibility Criteria for Federal Student Aid
Have a high school diploma, or equivalent (GED) Enrolled in a degree program U.S. citizen or eligible non-citizen Meet CUNY satisfactory academic progress standards Not in default of a loan/owe money for federal grant Demonstrate Financial Need Eligibility Criteria for Federal Student Aid 6 I FA Basics CITY COLLEGE IS
7
Cost of Attendance The City University of New York (CUNY) calculates "average living expenses" for each academic year. Living expenses are added to tuition and fee expenses, to equal the "cost of attendance (COA)". Items included in the calculation are room and board, transportation, books and supplies, and personal expenses. Students total aid from all sources cannot exceed Cost of Attendance Student(s) living with parent $9,979 Student(s) living away from parent $22,503 CITY COLLEGE IS
8
New York State Aid What is TAP?
TAP is the New York State Tuition Assistance Program which helps eligible New York State residents pay their college tuition. To apply: To check the status: School Code: 1411 Currently, TAP awards range from $500 to $ per academic year. 8 I FA Basics CITY COLLEGE IS
9
TAP Eligibility To be eligible for TAP, you must:
Be a United States citizen or eligible noncitizen Be a legal resident of New York State, as defined by HESC rules Have graduated from high school in the United States, earned a GED, or passed a federally approved "Ability to Benefit" test as defined by the Commissioner of the State Education Department before the 21st day of the semester Be enrolled as a full-time undergraduate student taking at least twelve (12) contributory credits per semester (classes must be contributory towards your program of study) Declare/change a major, minor and/or concentration no later than the established date available on the Academic Calendar in the first term of your junior year (60 credits) in an approved four-year program Meet good academic standing requirements Not be in default of a student loan guaranteed by HESC or on any repayment of state awards 9 I FA Basics CITY COLLEGE IS
10
Excelsior Scholarship
New York State residents can apply for the NYS Excelsior Scholarship via HESC at: The Excelsior Scholarship application for new applicants is available until August 15, 2019. Students must file a FAFSA and TAP application before filing the Excelsior Scholarship application. Applicants must be in continuous enrollment with at least 12 credits per semester and complete at least 30 credits each year contributory towards their program of study. The maximum Excelsior Scholarship is $5,500 ($2,750 per semester) or actual tuition for the aid year, whichever is less. The Excelsior Scholarship will be reduced by other financial aid awards. 10 I FA Basics CITY COLLEGE IS
11
Contact Financial Aid Office The City College of New York
Wille Administration Building, Room A-104 160 Convent Ave. New York, N.Y Phone: (212) Website: REPLAY END CITY COLLEGE IS
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.