The Federal award a student may receive towards their education if their Estimated Family Contribution (EFC) is between 0 and 5308 for 2017-2018
What is a Federal Pell grant?
100
This grade is assigned to students who have never attended a class.
What is a WN grade?
100
The maximum number of TAP payments a student can receive.
What is eight?
100
FAFSA
What is Free Application for Federal Student Aid?
200
The process which the Federal Government selects the FAFSA for review.
What is Verification?
200
The maximum amount of Pell grant a student is allowed to receive during their academic career.
What is Lifetime eligibility usage (LEU) or 600%?
200
This grade is assigned to students who unofficially withdrew but attended at least one class.
What is a WU grade?
200
Students who did not earn a high school diploma within the United States must pass this test.
What is the “Ability to Benefit” test?
200
NSLDS
What is National Student Loan Data System?
300
Twenty hours per week
What is the maximum number of hours a Federal Work Study student can work per week during the semester?
300
Can be need or merit based
What is a scholarship?
300
This calculation is used to determine the earned and unearned portions of Title IV aid as of the date the student withdrew based on the amount of time the student spent in attendance.
What is a Return of Title IV (R2T4) calculation?
300
A student must declare a major after they have accumulated this number of credits.
What is 60 credits?
300
FERPA
What is Family Education Rights and Privacy Act?
400
A legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education; it also explains the terms and conditions of your loan(s).
What is a Master Promissory Note (MPN)?
400
Scholarship awards cannot exceed the __________.
What is your Cost of Attendance (COA)?
400
After this date a student has earned 100% of the Title IV funds he or she was scheduled to receive during the semester.
What is the 60% date?
400
A student with a declared major must register for a minimum number of credits to qualify for a TAP award.
What is 12 valid credits?
400
FSEOG
What is Federal Supplemental Educational Opportunity Grant Program?
500
The process to apply for additional support for a significant loss of income.
What is Professional Judgment?
500
The process of sending scholarship funds to CUNY Central.
What is a wire transfer?
500
This date is used to determine the amount of Title IV aid a student has earned during the period of enrollment.
What is the withdrawal date?
500
This system assists students track their semester TAP eligibility.
What is the Financial Aid Certification Tracking System (F.A.C.T.S)?