Summary of Financial Aid

Grants:  Money that does not have to be repaid

Name of Program
Application Form
Basic Requirements
Annual Award Amounts

Federal Pell Grant

FASFA*

Financial need, taking at least 1 credit, undergraduate level

$302 to $5,645 amounts may vary each year based on program funding

FSEOG (Federal Supplemental Educational Opportunity Grant)

FAFSA*

Exceptional financial need, undergraduate level, registered for at least 6 credits

$300 to $400

TAP (Tuition Assistance Program)

FAFSA* and TAP/APTS** application

Financial need, full-time enrollment(12 credits), NY State resident

$500 to $5,000

APTS (Aid for Part-time Study)

FAFSA* and TAP/APTS** application

Financial need, part-time enrollment between 6-11 credits, NY State resident

Amounts varies with each school

Part-time TAP

FAFSA* and TAP/APTS* application

Financial need, part-time enrollment between 6-11 credits, NY State resident. Earn 12 credits or more in each of two consecutive preceding semesters, for a total of 24 credits.

Partial TAP payments

(SEEK) Search for Education, Elevation and Knowledge/(CD) College Discovery

FAFSA*, TAP/APTS** application and CUNY freshman or transfer application

Financially and academically disadvantaged, full time students, NY State resident

Amounts varies with each school

Vietnam Veterans Tuition Award/Persian Gulf Veteran College Tuition Benefits

Full-time: FAFSA*,TAP** application
Part-time: FAFSA, Veterans Tuition Award Supplement

Vietnam veterans who are undergraduates and graduates, part-time and full-time students, NY State resident

Maximum of $1,000 for a full time student and $500 for part-time study


Loans: Money that must be repaid

Name of Program
Application Form
Basic Requirements
Annual Award Amounts

Federal Perkins Loans

FAFSA*

Financial need, Undergraduate and Graduate students, at least 6 credits, earned at least 24 credits, limited funds

$1000 to $2500 for undergraduates, $1000 to $4000 for graduates

Federal Direct Subsidized Student Loans

(Interest paid while borrower is in school)

FAFSA*

You have financial need after your Expected Family Contribution and financial aid have been subtracted from you total cost of education

$3,500 to $7,500 depending on grade level

Federal Direct Unsubsidized Student Loans

(Borrower pays interest during life of loan)

FASFA*

To replace all or a portion of your Expected Family Contribution if there is loan eligibility remaining

$5,500 to $20,500 depending on grade level (includes any subsidized amounts received of the same period)

(PLUS) Parent Loans for Undergraduate Students

College Plus
request form

Available to parents of dependent undergraduate students, financial need

Maximum amount is cost of attendance minus any other financial aid the student receives


Scholarships: Money that do not have to be repaid

Name of Program
Application Form
Basic Requirements
Annual Award Amounts

New York State Scholarships for Academic Excellence

Selected by
your high school

Award based on students' grades in certain Regents exams attending NYS high schools.

Maximum of $1,500 up to 5 years

Private Scholarships

Online at:
Fastweb.com,
CollegeNET.com,
SRNexpress.com,
wiredscholar.com

   

CUNY Honors College Program

FAFSA

Accepted into Honors College at 8 participating CUNY senior colleges based on grades, test scores & other academic criteria.

Full tuition, laptop computer and academic expense account

New York State Scholarships

www.HESC.com

Various scholarship for NY State residents include memorial, veteran and academic scholarships

Varies by scholarship

CUNY Academic Scholarships

Forms vary with each college

CUNY college financial aid or admissions office

 


Employment: Money earned while attending school

Name of Program
Application Form
Basic Requirements
Annual Award Amounts

Federal Work-study

FAFSA*

Undergraduate and Graduate students, jobs can be off or on campus, financial need, taking at least 6 credits

$900 to $2000 depending on grade level

Notes:

* FAFSA (Free Application for Federal Student Aid): To apply on the web: www.fasfa.ed.gov, get a paper application from: A CUNY college financial aid office or a high school's college/advisor's office.

** TAP/APTS (Tuition Assistance Program / Aid for Part Time Study) Every CUNY applicant who completes the FAFSA on-line will be directed to the New York State TAP on-line application. You will need to fill out a CUNY supplement form.