1. Christopher Chang Director of Financial Aid SUNY Ulster (845) 687-5058

2.  What is Financial Aid?  Who is eligible?  Who completes the forms?  How do I apply?  When do I apply?  What kinds of aid might I receive?

3. Grants Free money Scholarships Free money Loans Money to be paid back Employment Opportunity to earn money for college expenses

4.  Need based aid ~ grants, loans & work study  Merit based aid ~ scholarships

5. General Eligibility for Federal Aid:  Matriculation toward a degree  U.S. Citizenship or eligible non-citizen  Registration with Selective Service (males ages 18 – 25)  No drug related convictions while receiving Federal aid

6. The Federal government believes that it is the parents’ and students’ responsibility to pay for college  Parent and student information is required  In divorce or separation situations, the parent with whom the student resides completes the forms  For joint custody situations, the parent who provides the most support completes the forms

7. Students are considered to be Independent by the federal government for 2013 – 2014 if they:  are born before January 1, 1990  are married  have legal dependents or children who receive more than ½ of their support from the student  are orphans, have been declared a ward of the court or were in foster care  Were or are in legal guardianship as determined by a court  are veterans of the U.S. Armed Forces  are currently serving on Active Duty in the US Armed Forces  will be enrolled in a Master’s or Doctorate program

8. IndependenceContinued Independence Continued  Was determined at any time after July 1, 2012 to be an unaccompanied youth who was homeless. Such designation can be made by a school district homeless liaison or the Director of a H.U.D./RHYA transitional or youth program Student is determined to be independent per a Dependency Override performed by the Financial Aid office

9. Professional Judgment Colleges can consider changing economic circumstances when reviewing a student FAFSA In these cases current year financial information will be used to calculate aid eligibility Documentation will be required

11. Free Application for Federal Student Aid Family’s financial information is required to calculate the student’s Expected Family Contribution (EFC) Electronic versus paper filing Electronic version of FAFSA: www.fafsa.gov Paper version of FAFSA: Call 1-800-4FED-AID or 1-800-433-3243

12.  Apply  Reapply  English and Spanish options  Access PIN Web site  Check application status  Make corrections www.fafsa.gov

14. Before beginning the FAFSA process:  Gather information you need  Social Security Number  Driver’s license  Income tax return and W2s  Bank statements and investment records  Applicable non-taxable income documents  Don’t forget the preferred IRS Data Transfer option is available  Print a FAFSA Worksheet  Useful to help you write information at your convenience

15.  Plan how to sign your FAFSA –  Electronically, with a PIN  Send a signature page in the mail  Send a signed a copy of your Student Aid Report  Note important deadlines – Feds must receive your form no later than midnight, Central Daylight time June 30, 2014.  Colleges and states may have earlier deadlines

16. To Register for a PIN: www.pin.ed.gov

18.  By accepting this PIN you agree to not disclose or share your PIN with anyone.  Your PIN serves as your electronic signature and provides access to your personal records. You should NEVER give your PIN to anyone.  Keep your PIN in a safe place. You will be able to use the same PIN in the future to apply for student aid and access your U.S. Department of Education records.  If you have received a PIN previously but no longer have access to it, select Request a Duplicate PIN from the menu list on the side.

19.  Complete or mail FAFSA after January 1st  FAFSA gives the Department of Education information to calculate the Expected Family Contribution (EFC), which will be used to award institutional aid

20. COST OF ATTENDANCE Dependent Student Tuition $ 4130 Fees 500 Books/Supplies 1000 Room/Board 2500 Transportation 1500 Personal 900 Loan fees 105 Total $ 10635 Independent Student $ 4130 500 1000 5000 1500 900 105 $ 13135

21. FINANCIAL NEED Cost of attendance 10635 minus EFC 1000 equals “NEED” 9635 EFC 1000 + TAP 3420 + PELL 3600 + Stafford Loan 2615 = Cost of Attendance 10635

22. Some colleges may have their own application. Also, there may be scholarship applications specific to the school

23. Sample Timetable (2013 – 2014) *Students may begin the application process as early as January 1 st 2013  Complete and submit forms in March/April or sooner (upon tax completion)  College should receive data within two weeks  College begins to award aid in late March or April  Other colleges will have different timelines

25. Federal Aid  Pell Grant  Campus – Based Programs (vary by school)  Federal Supplemental Educational Opportunity Grant (FSEOG)  Federal Work Study (FWS)  Perkins Loan

26.  Direct Student Loan Program  Stafford Student Loan, Subsidized/Unsubsidized  Parent Loan (PLUS)

27. Tuition Assistance Program (TAP)  Attending a college in New York State  Award amounts of $5,000 to $500  Based on 2012 New York State Net Taxable Income  Dependent or married with dependents - $80,000 Net Taxable Income or less  Married independent no dependents - $40,000  Single Independent no dependents- $10,000

28. Tuition Assistance Program Application  If you use a PIN to apply for the FAFSA, there will be a link to the Express TAP Application on the FAFSA confirmation page. Look for red “New York residents only”.  If the link is missed, you must wait three days before applying on the HESC website. Also, a reminder will be sent to you from HESC.

29. AID FOR PART-TIME STUDY (APTS)  Attending a college in New York State  Enrolled in 3 to 11.5 credits  Award varies with institutional allocation  Based on 2012 New York State Net Taxable Income  $34,250 Net Taxable Income or less - independent  $50,550 Net Taxable Income or less – dependent or has dependents

30.  New York State and school sponsored program  For educationally and economically disadvantaged students  Must meet academic and economic guidelines  Provides funding and academic services to increase college success

32. SUNY Ulster Financial Aid Office Stone Ridge Campus – VAN 105 FinancialAid@sunyulster.edu (845) 687-5058 For More Information About:  Upcoming on-campus workshops  Workshops in Area High Schools  Setting up an individual appointment