Types of Financial Aid
Money awarded on the basis of academic, athletic, or other types of achievements
What are scholarships?
The cost of the classes and fees associated with those classes or other academic fees.
What is the tuition and fees part of a college's cost of attendance?
City University of New York - 24 public colleges located within the 5 boroughs in NYC.
What are CUNY colleges?
The CUNY Application
What application do you use to apply to CUNY colleges?
Stands for Free Application for Federal Student Aid, offers federal financial aid.
What is FAFSA?
Money that is not paid back, may come from the government or the institution.
What are grants?
Your dorm, meal plan or meal money, and other fees associated with living and eating on campus (laundry, etc)
What is the room and board part of a college's cost of attendance?
State University of New York - 64 public colleges located in the state of New York. The closest are in NYC, the furthest is in Buffalo, NY.
What are SUNY colleges?
The Common App.
What application do you apply to SUNYs, private colleges, and most HBCUs with?
New York State Student Aid, stands for Tuition Assistance Program
What is TAP?
An opportunity for college students to work part-time jobs on-campus, funded by the federal government or the institution. This is a form of financial aid as well.
What is work-study?
Costs you should budget for separately but there's no bill for it (books, transportation, toiletries, etc)
What are indirect costs?
Two-year institutions or community colleges.
What are colleges that offer Associate degrees?
November 1 or November 15.
By when are early college applications typically due?
A financial aid application that the CollegeBoard offers, some private colleges require it to give institutional aid.
What is the CSS Profile?
Money a student borrows to help pay for college, which must be paid back. They can come from the institution, the federal government, or private organizations.
What are student loans?
Costs that show up on your bill (tuition, fees, room, board)
What are direct costs?
4-year colleges
What are colleges that offer bachelor degrees?
A binding way to apply to college early (you can choose only 1 school). It can increase your chances at admissions and financial aid.
What is early decision?
Applications open starting October 1st so in the weeks after that date we start applying.
When do we start applying for financial aid?
A student loan offered by the federal government in which no interest is charged until 6 months after college graduation.
What is a subsidized federal student loan?
The actual price that students pay after financial aid (can even be $0 after financial aid!). This is different than the sticker price which is the cost that shows up on the college's website (this price can vary a lot depending on the school).
What is the net price of a college?
What are colleges that offer certificates or other technical training?
A non-binding early college application, not offered at many colleges but can increase your chances at admission and financial aid (can apply to multiple schools).
What is early action?
$7395.
What is the maximum Pell Grant amount you can get?