Repayment of Federal and State Aid if your enrollment changes
Eligibility
To be eligible for student aid, you must
Be a U.S. citizen or eligible non-citizen (for Federal aid programs)
Be a New York State resident (for state programs)
Not be in default on a student loan or owe a refund on a Federal grant
Demonstrate compliance with any applicable Selective Service Requirement
Be enrolled in an eligible degree program and maintain good academic standing
Use your financial aid funds only for education related expenses
Be registered at least half-time for most programs
Repay all loans and applicable interest.
Financial aid eligibility is the difference between the cost of education and the Expected Family Contribution (EFC). The EFC is calculated using a formula enacted by the Congress. Cost of education includes tuition and fees, room and board, books and supplies, transportation, and miscellaneous expenses.
Important facts to remember when applying for aid
Less than full time status may affect financial aid eligibility
If you have federal student aid, and receive additional financial aid from other sources, please inform us. The total amount of aid you receive from all sources cannot be greater than your eligibility for aid. If this occurs, and you are receiving federal student aid, an adjustment in your financial aid may be required.
