FAFSA & TAP
What year's income records do you and your family need for financial aid applications?
2024
EOP
Educational Opportunity Program
As a college student, I might have INDIRECT COSTS such as (name 2):
Transportation
Textbooks
Technology
Dorm Supplies (if living on campus)
Personal Expenses (clothing, out to eat, etc)
This website is where you complete the CSS Profile
CollegeBoard
A student applied for TAP. Which of the following colleges is NOT eligible for money received from TAP?
Lehman College
University of Connecticut
Fordham University
SUNY Oneonta
University of Connecticut
*TAP cannot be used for schools outside New York State*
Information on this "document" is used to act as a “digital signature” for your parent/guardian in the TAP application
New York/State ID
TAP
Tuition Assistance Program
True or false: textbooks for your classes MUST be purchased directly through the campus bookstore
*How else can you get textbooks?*
Opportunity programs such as _______ (name one of them) can offer additional financial aid and academic support for those who qualify
EOP - SUNY Colleges
HEOP - NY Private Colleges
SEEK - CUNY Colleges
I am looking at a financial aid award letter from my top college. Which of these items would not be on this letter?
Pell Grant
Scholarships directly from the college
Private loans from a bank
Work Study
Private loans from a bank
*Only FEDERAL loans will appear on your aid letter*
If I am going to college for 4 years, this is how often I have to complete the FAFSA
4 times (once for every year I will be in college)
HEOP
Higher Education Opportunity Program
For CUNY schools, we do NOT count these 2 direct cost items when calculating our cost
Room & Board (or Housing & Meals)
Money received from this aid award comes from working a part-time job on campus as a student
Work-Study
What is the total of INDIRECT COSTS for this school?
Tuition - $10,000
Room & Board - $12,000
Fees - $500
Books & Supplies - $2,000
Transportation - $1,000
Personal Expenses - $500
$3500 (Books & Supplies, Transportation, Personal Expenses)
Potentially up to $7395, this is name of need-based grant you may get from the FAFSA
Pell Grant
SAI
Student Aid Index (this is from the FAFSA)
These are the 4 main DIRECT COSTS of college if you are living on campus
Tuition
Fees
Room/Housing
Board/Meals
Direct Costs - Scholarships/Grants = what term for the out-of-pocket costs after aid?
Net Cost/Price (out-of-pocket cost after aid)
On your financial aid offer, you see you received $2500 for "Work Study". How do get this money?
You get a paycheck from the college every couple weeks by working a part-time job on campus
The Excelsior Scholarship
*Covers tuition at a CUNY or SUNY school for households making less than $125,000*
FAFSA
Free Application for Federal Student Aid
This is the term used to describe the amount we get by combining the DIRECT & INDIRECT costs to attend a college
Cost of Attendance (COA)
If you apply the Excelsior Scholarship, which of the following schools is NOT eligible for it?
-Hunter College
-SUNY Brockport
-Columbia University
-Hostos Community College
Columbia University
*The Excelsior Scholarship can only be applied to SUNY or CUNY colleges*
If you take out a loan for college, you usually have this amount of time after you graduate (or un-enroll) from college until you have to start to repay the loan.
6 months (this is called your "grace period")