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NEW YORK CITY COLLEGE OF TECHNOLOGY
 SPRING 2012 INFORMATION WORKSHOP




          April 22, 2012



Office of Financial Aid
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 parent
2
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 AMOUNTS




3
HOW TO PAY FOR COLLEGE


    1. Financial Aid
    2. Money from Savings
    3. Money from Family & Friends


4
WHAT IS FINANCIAL AID?




5
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
WHAT IS FINANCIAL AID?

    Employment Opportunities

     Federal
    Work Study
     Program




7
WHAT IS FINANCIAL AID?
    Loans
     (MUST BE REPAID)
            Federal   Direct Subsidized Loan

            Federal   Direct Unsubsidized Loan

            Federal   Direct PLUS Loan

            Federal   Perkins Loan




8
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 scholarship



9
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
APPLY EARLY BEGINNING
     JANUARY 1st OF EVERY YEAR!




             Priority filing period:
           January 1st to March 31st

11
HOW TO APPLY
     It Starts with the
           FAFSA

           and

      ends with the

           TAP

       Application

12
TWO FINANCIAL AID
       APPLICATIONS:

        2012 - 2013

          FAFSA
             &
            TAP
13
HOW TO APPLY

      Gather your 2011 Income
             Documents

     (Including Federal & State Tax Returns)




14
HOW TO APPLY

        Go to
     www.fafsa.gov




15
HOW TO APPLY


       Get Your
      Federal PIN
        Student
           &
         Parent


16
HOW TO APPLY

     Complete the FAFSA




17
HOW TO APPLY

        TAP Application
      Available on FAFSA
      Confirmation Page

              Click on
                 the
         “Optional Feature-
     Start your state application”
18
HOW TO APPLY

     FAFSA College Code:
           002696


      TAP College Code:
            1405


19
HOW TO APPLY
             Select the
     “IRS Data Retrieval” Option
                 for
       FAFSA TAX Questions

     Otherwise, you may need
         IRS Tax Transcripts
                  &
           W2 Transcripts
20
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
FOLLOW – UP APPLICATION RESULTS



        FAFSA: WWW.FAFSA.GOV

         TAP: WWW.HESC.COM




22
FOLLOW – UP APPLICATION RESULTS


                 Review Your
             “Student Aid Report”
        (SAR) = Information from FAFSA



         Make Corrections (if necessary)


23
FOLLOW – UP APPLICATION RESULTS

        Submit Requested Information
                Immediately




24
HOW TO PAY
     Tuition Payment Plan
                   TUITION PAYMENT PLAN
       Monthly payment plan to help families to budget
                  tuition and fee expenses.
                 www.tuitionpay.com/cuny




25
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
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
TIPS FOR A SUCCESSFUL
          COLLEGE EXPERIENCE

        Know the requirements
         for your program of
         study
        Get advice (financial aid
         & academic)




28
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 - 4372




29
Best wishes for joy and success
     in the path you choose for yourself!
30

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Financial aid information worshop 212

  • 1. NEW YORK CITY COLLEGE OF TECHNOLOGY SPRING 2012 INFORMATION WORKSHOP April 22, 2012 Office of Financial Aid
  • 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 parent 2
  • 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 AMOUNTS 3
  • 4. HOW TO PAY FOR COLLEGE 1. Financial Aid 2. Money from Savings 3. Money from Family & Friends 4
  • 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. WHAT IS FINANCIAL AID? Employment Opportunities Federal Work Study Program 7
  • 8. WHAT IS FINANCIAL AID? Loans (MUST BE REPAID) Federal Direct Subsidized Loan Federal Direct Unsubsidized Loan Federal Direct PLUS Loan Federal Perkins Loan 8
  • 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 scholarship 9
  • 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. APPLY EARLY BEGINNING JANUARY 1st OF EVERY YEAR! Priority filing period: January 1st to March 31st 11
  • 12. HOW TO APPLY It Starts with the FAFSA and ends with the TAP Application 12
  • 13. TWO FINANCIAL AID APPLICATIONS: 2012 - 2013 FAFSA & TAP 13
  • 14. HOW TO APPLY Gather your 2011 Income Documents (Including Federal & State Tax Returns) 14
  • 15. HOW TO APPLY Go to www.fafsa.gov 15
  • 16. HOW TO APPLY Get Your Federal PIN Student & Parent 16
  • 17. HOW TO APPLY Complete the FAFSA 17
  • 18. HOW TO APPLY TAP Application Available on FAFSA Confirmation Page Click on the “Optional Feature- Start your state application” 18
  • 19. HOW TO APPLY FAFSA College Code: 002696 TAP College Code: 1405 19
  • 20. HOW TO APPLY Select the “IRS Data Retrieval” Option for FAFSA TAX Questions Otherwise, you may need IRS Tax Transcripts & W2 Transcripts 20
  • 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. FOLLOW – UP APPLICATION RESULTS FAFSA: WWW.FAFSA.GOV TAP: WWW.HESC.COM 22
  • 23. FOLLOW – UP APPLICATION RESULTS Review Your “Student Aid Report” (SAR) = Information from FAFSA Make Corrections (if necessary) 23
  • 24. FOLLOW – UP APPLICATION RESULTS Submit Requested Information Immediately 24
  • 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/cuny 25
  • 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. 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. TIPS FOR A SUCCESSFUL COLLEGE EXPERIENCE  Know the requirements for your program of study  Get advice (financial aid & academic) 28
  • 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 - 4372 29
  • 30. Best wishes for joy and success in the path you choose for yourself! 30