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NYSFAAA 2011 New York State Grants & Scholarships
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TAP… Nuts and Bolts
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vProcessing Update v2012 Startup Changes to TAP Processing vTAP Earned Credit Report vGrants and Scholarships Modernization Strategy Overview
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2011-12 Processing Update
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Processing Update 2011-12 vApplications Over 544,000 processed as of September, 2011 ETA 1% Renewal Process 32% FAFSA Direct 26% Anytime TOTW 41%
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2012-13 Startup Changes
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2012-13 Start up changes vFinancial Independence Status (FIS) Streamline edits and messages vFIS Petition Status Codes Unchanged: G, J, L, M, P, Q, K, T, Z New Definition X-Replaces U, V, W,X New Code W-Student is independent based on response to new question, “Are you claiming financial independence from your parents?”
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2012-13 Start up changes (cont.) vExemptions Minimize income issues vIT-150 tax form Not available for 2011 tax year vGraduate students Non-funding notification in application process vETA color White from now on vDisability Date Change Report actual date of permanent disability including dates prior to current year
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TAP Earned Credit Report
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vReport will review all aspects of the TAP program including: All policies and costs associated with the distribution of TAP funds vReport will include statistics on TAP recipients for the 2010-11 terms: Students receiving TAP in each term Students granted waivers Students decertified for not meeting good academic standards Credits earned in each term
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TAP Earned Credit Report (cont.) vIn December 2011, HESC will provide each school by campus code and TAP code, a file or Excel spreadsheet * with a list of students certified for TAP for each applicable term for the 2010-11 academic year vBy January 17, 2012 schools will submit credits earned to HESC *Web File Transfer only
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Grants and Scholarships Modernization
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Purpose vStreamline, simplify processes vEliminate edits that were based on paper applications vCombine main TAP processing system with manual scholarship processing vGive schools better information to make their job easier
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Changes already implemented vImprovements in verifying income with NYS Department of Taxation & Finance Collection of full last names for spouse, mother and father Check for invalid SSN using ISIR
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Changes already implemented vAddition of CSR data to student and school web pages
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Changes already implemented vComprehensive Student Status Listing Complete picture of student’s financial aid programs administered by HESC Data from standard TAP rosters as well as Consolidated Scholarship Rosters Two record types – Demo and FAP
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Changes already implemented vComprehensive Student Status Listing Available as file or Excel spreadsheet * Includes data requested by schools: Residency indicator Deferred term information CSR indicator *Web File Transfer only
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Changes in progress vImprovements in displaying income information to schools Current view
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Changes in progress vImprovements in displaying income information to schools New view
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Future Changes vNew Payment Roster Print Similar to Consolidated Scholarship Roster Like SSL Comp, will list all student’s financial aid programs administered by HESC Expanded tuition amount, certification codes Existing Payment Roster Print would be available for a time until schools transition over
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Future Changes vCurrent Payment Roster Print
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Future Changes vNew Payment Roster Print
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Questions?
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HESC Contacts Norene Grose Director, Grants and Scholarships ngrose@hesc.org Todd Palmiere Manager, Application Development tpalmiere@hesc.org
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