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Office of Financial Aid April 22, 2012 NEW YORK CITY COLLEGE OF TECHNOLOGY SPRING 2012 INFORMATION WORKSHOP

Financial aid information worshop 212

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Page 1: Financial aid information worshop 212

Office of Financial Aid

April 22, 2012

NEW YORK CITY COLLEGE OF TECHNOLOGYSPRING 2012 INFORMATION WORKSHOP

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ESTIMATED EDUCATIONAL EXPENSES FOR 2012-2013

ONE ACADEMIC YEAR (FALL & SPRING SEMESTERS)

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BOOKS/SUPPLIES ----------------------------------$1,248.00TRANSPORTATION ------------------------------- $986.00*HOUSING -------------------------------------------$1,685.00 - $8,820.00*LUNCH/FOOD ------------------------------------$1,105.00 - $1,977.00*PERSONAL------------------------------------------$1,780.00 - $3,954.00TUITION -----------------------------------------------$5,130.00 (FULL – TIME)Fees ---------------------------------------------------$339.10 (FULL – TIME)

ESTIMATED COST OF EDUCATION FOR ONE YEAR: $12,273.00 - $22,454.10

*Lunch/food – depends on whether students are living with parent or away from parent*Housing – depends on whether students are living with parent or away from parent*Other/Personal – depends on whether students are living with or living away from parent

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FEDERAL PELL GRANT AWARD RANGE $555 - $5,550NYS TAP AWARD RANGE $500 - $5,000

TOTAL: FEDERAL PELL & TAP MAXIMUM AWARDS - $10,550.00

*FEDERAL SEOG -----------------------------------$200.00 - $400.00*FEDERAL WORK STUDY -------------------------$900.00 - $2000.00

*ESTIMATED AWARD AMOUNTS

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FINANCIAL AID FOR 2012-2013 ACADEMIC YEAR

(FALL & SPRING SEMESTERS)

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HOW TO PAY FOR COLLEGE

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1. Financial Aid2. Money from Savings3. Money from Family & Friends

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WHAT IS FINANCIAL AID?

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Federal PELL Grant Tuition Assistance

Program (TAP) Aid for Part-time

Study Program (APTS)

Federal Supplemental Educational Opportunity Grant (FSEOG)

Grants(DO NOT HAVE TO BE REPAID)

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WHAT IS FINANCIAL AID?

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Employment Opportunities

Federal Work Study

Program

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WHAT IS FINANCIAL AID?

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Federal Direct Subsidized

Loan

Federal Direct Unsubsidized

Loan

Federal Direct PLUS Loan

Federal Perkins Loan

Loans(MUST BE REPAID)

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WHAT IS FINANCIAL AID?

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Visit www.fastweb.com for information on outside scholarships.

Speak to your high school college counselor

Speak to your employer Many companies have

scholarships available for employees and children of employees

Remember, “Never Give Money to get Money”

You should never have to pay money to receive a scholarship

Scholarships(DO NOT HAVE TO BE REPAID)

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WHAT IS FINANCIAL AID?

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Must be enrolled in the Associate Degree Program.

Must be a New York State Resident.

Must have an outstanding tuition balance.

For additional Information, please go to the:

Scholarship OfficeRoom NG-09 or call 718-260-5054.

Note: The lump sum award may be adjusted if other funds become available.

CITY TECH LUMP SUM TUITION GRANT

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APPLY EARLY BEGINNING JANUARY 1st OF EVERY YEAR!

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Priority filing period:January 1st to March 31st

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It Starts with

the FAFSA

and

ends with the

TAP

Application

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HOW TO APPLY

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TWO FINANCIAL AID APPLICATIONS:

2012 - 2013

FAFSA&

TAP13

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Gather your 2011 Income Documents

(Including Federal & State Tax Returns)

HOW TO APPLY

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Go to www.fafsa.gov

HOW TO APPLY

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Get YourFederal PIN

Student &

Parent

HOW TO APPLY

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HOW TO APPLY

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Complete the FAFSA

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TAP Application

Available on FAFSA

Confirmation Page

Click on the

“Optional Feature-

Start your state application”

HOW TO APPLY

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FAFSA College Code:

002696

TAP College Code:

1405

HOW TO APPLY

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Select the

“IRS Data Retrieval” Option

for

FAFSA TAX Questions

Otherwise, you may need

IRS Tax Transcripts &

W2 Transcripts

HOW TO APPLY

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In-person application review services are available at City Tech in Room NG-08 A.

Call the Financial Aid Office at 718-260-5700 for the Web Lab hours.

FINANCIAL AID WEB LAB

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NEED HELP with the Application?Go to the

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FAFSA: WWW.FAFSA.GOV

TAP: WWW.HESC.COM

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FOLLOW – UP APPLICATION RESULTS

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Review Your

“Student Aid Report”

(SAR) = Information from FAFSA

Make Corrections (if necessary)

FOLLOW – UP APPLICATION RESULTS

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Submit Requested Information

Immediately

FOLLOW – UP APPLICATION RESULTS

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TUITION PAYMENT PLANMonthly payment plan to help families to

budget tuition and fee expenses.www.tuitionpay.com/cuny

HOW TO PAY

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Tuition Payment Plan

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Federal Direct Loans Partial payments from loans (balance to be paid to you after tuition and fees have been applied).

BOOK ADVANCE PAYMENT

Federal Pell Have a finalized Pell award by the beginning of the semester.

Have a balance (to be paid to you) after the tuition & fees have been applied.

$600.00 maximum Pell Book Advance Payment.

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TIPS FOR A SUCCESSFUL COLLEGE EXPERIENCE File application early,

starting January 1st of every academic year. Priority deadline is March 31st

Follow up and check application results

Attend your classes Get good grades (A, B

& C) Avoid withdrawing

from classes.

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TIPS FOR A SUCCESSFUL COLLEGE EXPERIENCE

Know the requirements for your program of study

Get advice (financial aid & academic)

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CONTACT INFORMATION

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City Tech Financial Aid :

Website: www.citytech.cuny.edu/admissions/financialaid/index.shtml

Web Lab: Room Namm G-08A (718) 260 – 5705

Telephone Number: (718) 260 – 5700

Federal Information: (800) 433 – 3243

TAP: (888) 697 - 4372

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Best wishes for joy and successin the path you choose for yourself!

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