FAFSA Application
This is what the acronym FAFSA stands for.
What is Free Application for Federal Student Aid?
This is the minimum number of credits that a student needs to be registered for in order to qualify for a loan.
What is 6 credits?
This is what a student's verification status will state, once the student's verification has been completed.
What is Verified?
This is what SAP stands for.
What is Satisfactory Academic Progress?
This is a New York State funded grant program that, when combined with other grants and scholarships, will allow eligible full-time students to attend BMCC tuition free.
What is the Excelsior Scholarship?
This is the maximum number of semesters for which a student is able to receive financial aid.
What is 12 semesters?
Steps that a student needs to take to apply for a loan.
What is Complete FAFSA application, Complete Entrance Counseling, and Master Promissory Note through studentloans.gov and complete Direct Loan Processing Form through CUNYfirst?
The submission process for this particular verification is the least strict.
What is a V1 verification?
A SAP status of "Not Meet" means that the student will have to do this.
What is submit a Title IV appeal?
This can be submitted if a student is stating that the Financial Aid office is asking for his parents' tax transcripts for 2017, but his parents did not file taxes in 2017.
What is a Non filer Statement?
This is the name of the office where student's can go to receive assistance with completing the FAFSA and TAP.
What is the Panther station
For this loan the federal government pays the interest on the loan while you are in school and during other deferment periods.
What is Federal Direct Subsidized Loan?
A student chosen for verification in Fall 2021 will have to submit tax return (transcripts) for this year.
What is 2019?
Student wants to know how often and what semester will their academic progress be evaluated to determine if they remain eligible for financial aid.
What is Every Spring Semester (At the end)?
Male students are required to register, or submit a status information letter from blank in order to receive financial aid.
What is Selective Service?
This is a paper or electronic document that gives you some basic information about your eligibility for federal student aid as well as listing your answers to the FAFSA® questions.
What is Student Aid Report (SAR)
For this loan you will be charged interest from the time the loan is disbursed until you pay the loan in full.
What is Federal Direct Unsubsidized Loan?
This is a Custom Verification Worksheet also known as blank.
What is a V4 Dependent/Independent Verification Worksheet?
This section of the Federal Satisfactory Academic Progress Standard requires that you may not attempt more than 150% of the credits normally required to earn your degree.
What is Maximum Time Frame?
Student failed a course last semester, and is retaking it this semester. Will TAP pay for the class?
What is Tap will cover the failing class as long as student is meeting TAP's Good Academic Standing requirements?
A student's FAFSA can have an EFC status that is blank, blank, or blank.
What is Official, Unofficial, or Rejected?
This is what a student can do if she realizes that she needs more money in loans for the semester.
What is Submit the Increase your Direct Loan Form through the BMCC website?
If you have opted into this tool on your FAFSA, and you have been selected for verification, you will not need to submit tax transcripts to the Financial Aid Office.
What is the IRS Data Retrieval Tool?
Name the three (3) parts to the Federal Satisfactory Academic Progress Standard.
What is Minimum GPA, Maximum Timeframe, and Pace of Progression?
This is a scholarship that rewards New York City high school graduates who have proven their ability to succeed academically while they were in high school. Scholarship awards may vary for each academic year but are typically $400 per semester.
What is New York City Council Merit Scholarship?