FAFSA
What does FAFSA stand for?
Free Application For Federal Student Aid
This resource is offered by places all around you. Businesses, non-profit organizations, schools, individuals, and others might have applications for these!
SCHOLARSHIPS!!!
A type of financial aid which must be repaid with/without interest.
Loans
If a student lives with both biological parents but they are not married. Who is the contributor?
Both.
What source of aid allows you to earn additional income without being taxed from federal and state?
Federal Work-Study
Which type of loan has a lower interest rate and is paid by the government while the student is in school?
Does a student's parent have to create a new FSA ID if their older sibling has applied to FAFSA before?
No
New York State grant that helps eligible residents pay for tuition at approved colleges or universities in the state.
What is the final deadline for FAFSA?
June 30
First enacted in 2017, this last-dollar scholarship covers tuition for eligible SUNY and CUNY students whose families make up to $125,000 a year, but requires them to live and work in the state for the same number of years they received it.
Excelsior Scholarship
Mateo's $3,500 SUNY tuition is partially covered by a federal Pell Grant. This New York program steps in as a "last-dollar" award to pay his remaining $1,000 balance.
Excelsior Scholarship
Tuition Assistance Program
What is the TAP deadline?
June 30
What does HESC stand for?
Higher Education Services Corporation
If a student lives with a non-legal guardian and their parents live in a foreign country, who is the contributor?
The student is considered independent and does not need additional contributors.
How does FAFSA determine how much aid a student will receive?
SAI (Student Aid Index)
What is the name of the grant typically awarded to students by the institution?
State University Grant
What is the maximum award amount for Pell Grant
$7,395
If a student's parents have a high income, should the student still apply for financial aid?
Yes, because they could be eligible for the Middle-class scholarship and loans.