A common myth surrounding financial aid is the misconception that it is exclusively accessible to families with low incomes. Contrary to this belief, financial aid is available to individuals across all income brackets, and eligibility is determined by various factors. It is essential to familiarize yourself with key programs and tools when seeking financial aid for your child. Understanding these resources is crucial for navigating the application process and accessing the support that can contribute to your child's education.
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You can open up this document for helpful presentations and resources to help you complete the FAFSA and CSS Profile. Additionally, we have guidance on how to appeal financial aid decisions and how to apply for outside private scholarships.
(Source: studentaid.gov)
The FAFSA is a universal application used by almost all colleges and universities to determine eligibility for federal, state, and college-sponsored financial aid. It collects detailed financial information from parents and students, which institutions then use to determine the financial aid package offered to admitted students.
F.A.F.S.A Youtube Channel- @FederalStudentAid
The College Board's CSS Profile is an online application enabling students to apply for non-federal financial aid. Specifically designed for College Board member institutions, it offers a detailed overview of the financial and family situations of students and their families. This information helps colleges assess eligibility for institutional financial aid. The CSS Profile is more comprehensive than the FAFSA and should only be completed if a college mandates it. Keep in mind that there are fees associated with completing and submitting this application.
College Board Youtube Channel- @collegeboard
The NY H.E.S.C website has information on grants and scholarships offered by New York State. It also provides details about federal education loans.
High school students and their parents can sign up to receive text messages from the NYS Higher Education Services Corporation to get connected to the resources they need to prepare for college and apply for financial aid.
Text messages include key information about financial aid programs, how to apply, important deadlines, available events to assist students in completing applications, and resources to help put them on the right path toward their college careers.
Sign-up is quick and easy at HESC Text Messaging Registration.
Any questions can be sent to thepath@hesc.ny.gov.
H.E.S.C. Youtube Channel - @NYStudentAid
The Excelsior Scholarship, in combination with other student financial aid programs, allows students to attend a SUNY or CUNY college tuition-free. The program covers tuition for eligible SUNY and CUNY students. For the 2024-25 academic year, families who earned $125,000 or less in the tax year 2022 are eligible to apply.