NEW YORK CITY COLLEGE OF TECHNOLOGY SPRING 2012 INFORMATION WORKSHOP          April 22, 2012Office of Financial Aid
ESTIMATED EDUCATIONAL EXPENSES FOR                          2012-2013                   ONE ACADEMIC YEAR                 ...
FINANCIAL AID FOR                      2012-2013 ACADEMIC YEAR                       (FALL & SPRING SEMESTERS)    FEDERAL ...
HOW TO PAY FOR COLLEGE    1. Financial Aid    2. Money from Savings    3. Money from Family & Friends4
WHAT IS FINANCIAL AID?5
WHAT IS FINANCIAL AID?    Grants     (DO NOT HAVE TO BE REPAID)                     Federal PELL Grant                   ...
WHAT IS FINANCIAL AID?    Employment Opportunities     Federal    Work Study     Program7
WHAT IS FINANCIAL AID?    Loans     (MUST BE REPAID)            Federal   Direct Subsidized Loan            Federal   Di...
WHAT IS FINANCIAL AID?    Scholarships      (DO NOT HAVE TO BE REPAID)                      Visit www.fastweb.com for    ...
CITY TECH LUMP SUM                 TUITION GRANT        Must be enrolled in the Associate Degree         Program.       ...
APPLY EARLY BEGINNING     JANUARY 1st OF EVERY YEAR!             Priority filing period:           January 1st to March 31...
HOW TO APPLY     It Starts with the           FAFSA           and      ends with the           TAP       Application12
TWO FINANCIAL AID       APPLICATIONS:        2012 - 2013          FAFSA             &            TAP13
HOW TO APPLY      Gather your 2011 Income             Documents     (Including Federal & State Tax Returns)14
HOW TO APPLY        Go to     www.fafsa.gov15
HOW TO APPLY       Get Your      Federal PIN        Student           &         Parent16
HOW TO APPLY     Complete the FAFSA17
HOW TO APPLY        TAP Application      Available on FAFSA      Confirmation Page              Click on                 t...
HOW TO APPLY     FAFSA College Code:           002696      TAP College Code:            140519
HOW TO APPLY             Select the     “IRS Data Retrieval” Option                 for       FAFSA TAX Questions     Othe...
NEED HELP with the Application?               Go to the               FINANCIAL AID WEB LAB        In-person application ...
FOLLOW – UP APPLICATION RESULTS        FAFSA: WWW.FAFSA.GOV         TAP: WWW.HESC.COM22
FOLLOW – UP APPLICATION RESULTS                 Review Your             “Student Aid Report”        (SAR) = Information fr...
FOLLOW – UP APPLICATION RESULTS        Submit Requested Information                Immediately24
HOW TO PAY     Tuition Payment Plan                   TUITION PAYMENT PLAN       Monthly payment plan to help families to ...
BOOK ADVANCE PAYMENT     Federal Pell      Have a finalized Pell award by the beginning of      the semester.     Have a...
TIPS FOR A SUCCESSFUL      COLLEGE EXPERIENCE                   File application                                         ...
TIPS FOR A SUCCESSFUL          COLLEGE EXPERIENCE        Know the requirements         for your program of         study ...
CONTACT INFORMATION        City Tech Financial Aid :              Website:         www.citytech.cuny.edu/admissions/finan...
Best wishes for joy and success     in the path you choose for yourself!30
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Financial aid information worshop 212

  1. 1. NEW YORK CITY COLLEGE OF TECHNOLOGY SPRING 2012 INFORMATION WORKSHOP April 22, 2012Office of Financial Aid
  2. 2. ESTIMATED EDUCATIONAL EXPENSES FOR 2012-2013 ONE ACADEMIC YEAR (FALL & SPRING SEMESTERS) BOOKS/SUPPLIES ----------------------------------$1,248.00 TRANSPORTATION ------------------------------- $986.00 *HOUSING -------------------------------------------$1,685.00 - $8,820.00 *LUNCH/FOOD ------------------------------------$1,105.00 - $1,977.00 *PERSONAL------------------------------------------$1,780.00 - $3,954.00 TUITION -----------------------------------------------$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 parent2
  3. 3. FINANCIAL AID FOR 2012-2013 ACADEMIC YEAR (FALL & SPRING SEMESTERS) FEDERAL PELL GRANT AWARD RANGE $555 - $5,550 NYS 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 AMOUNTS3
  4. 4. HOW TO PAY FOR COLLEGE 1. Financial Aid 2. Money from Savings 3. Money from Family & Friends4
  5. 5. WHAT IS FINANCIAL AID?5
  6. 6. WHAT IS FINANCIAL AID? Grants (DO NOT HAVE TO BE REPAID)  Federal PELL Grant  Tuition Assistance Program (TAP)  Aid for Part-time Study Program (APTS)  Federal Supplemental Educational Opportunity Grant (FSEOG)6
  7. 7. WHAT IS FINANCIAL AID? Employment Opportunities Federal Work Study Program7
  8. 8. WHAT IS FINANCIAL AID? Loans (MUST BE REPAID) Federal Direct Subsidized Loan Federal Direct Unsubsidized Loan Federal Direct PLUS Loan Federal Perkins Loan8
  9. 9. WHAT IS FINANCIAL AID? Scholarships (DO NOT HAVE TO BE REPAID)  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 scholarship9
  10. 10. CITY TECH LUMP SUM TUITION GRANT  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 Office Room NG-09 or call 718-260-5054. Note: The lump sum award may be adjusted if other funds become available.10
  11. 11. APPLY EARLY BEGINNING JANUARY 1st OF EVERY YEAR! Priority filing period: January 1st to March 31st11
  12. 12. HOW TO APPLY It Starts with the FAFSA and ends with the TAP Application12
  13. 13. TWO FINANCIAL AID APPLICATIONS: 2012 - 2013 FAFSA & TAP13
  14. 14. HOW TO APPLY Gather your 2011 Income Documents (Including Federal & State Tax Returns)14
  15. 15. HOW TO APPLY Go to www.fafsa.gov15
  16. 16. HOW TO APPLY Get Your Federal PIN Student & Parent16
  17. 17. HOW TO APPLY Complete the FAFSA17
  18. 18. HOW TO APPLY TAP Application Available on FAFSA Confirmation Page Click on the “Optional Feature- Start your state application”18
  19. 19. HOW TO APPLY FAFSA College Code: 002696 TAP College Code: 140519
  20. 20. HOW TO APPLY Select the “IRS Data Retrieval” Option for FAFSA TAX Questions Otherwise, you may need IRS Tax Transcripts & W2 Transcripts20
  21. 21. NEED HELP with the Application? Go to the FINANCIAL AID WEB LAB  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.21
  22. 22. FOLLOW – UP APPLICATION RESULTS FAFSA: WWW.FAFSA.GOV TAP: WWW.HESC.COM22
  23. 23. FOLLOW – UP APPLICATION RESULTS Review Your “Student Aid Report” (SAR) = Information from FAFSA Make Corrections (if necessary)23
  24. 24. FOLLOW – UP APPLICATION RESULTS Submit Requested Information Immediately24
  25. 25. HOW TO PAY Tuition Payment Plan TUITION PAYMENT PLAN Monthly payment plan to help families to budget tuition and fee expenses. www.tuitionpay.com/cuny25
  26. 26. 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. Federal Direct Loans  Partial payments from loans (balance to be paid to you after tuition and fees have been applied).26
  27. 27. 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.27
  28. 28. TIPS FOR A SUCCESSFUL COLLEGE EXPERIENCE  Know the requirements for your program of study  Get advice (financial aid & academic)28
  29. 29. CONTACT INFORMATION  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 - 437229
  30. 30. Best wishes for joy and success in the path you choose for yourself!30
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