There are three categories of federal student aid: grants, work-study (hyperlink), and loans (hyperlink). Grants are generally awarded based on financial eligibility. Grants can come from many sources such as the federal and state government.
|Pell||Awarded to undergraduates. Grant is based on student’s financial need.
*Pell has a lifetime limit. A student cannot exceed the equivalent of 12 full-time semesters.
*Pell counts any previous semesters used at another institution.
|The amount changes each year. Currently for 2020-2021, $671 – $6,345 per year.
|Federal Supplemental Educational Opportunity Grant (FSEOG)||Awarded to undergraduates based on “exceptional” financial need.||The amount changes each year. Currently for 2020-2021, $200 – $1,300.|
New York State Grant
|Tuition Assistance Program (TAP)
Enhanced Tuition Award (ETA)
**Applications are NO LONGER being accepted for anyone starting in 2019-2020 or thereafter.**
|Based on Financial Need.
*TAP has a lifetime limit. An Associate’s Degree/Certificate student cannot exceed 6 semesters. A Bachelor’s Degree student cannot exceed 8 semesters.
*TAP counts any previous semesters used at another institution.
|Currently for 2020-2021, $500 – $5,165 per year.
Recipients of Enhanced Tuition Awards will generally receive $6,000 through a combination of their TAP award, ETA award and a match from their private college. The number of awards to be made under this Program is subject to available funding.
*Note: Any award payment received may have tax implications. Any questions regarding this should be directed to a tax professional, the Internal Revenue Service, or the NYS Department of Taxation and Finance.
The two major sources are the Federal Pell program and the State Tuition Assistance Program (TAP). Please note: anyone convicted and having completed incarceration for a forcible or non-forcible sexual offense is ineligible to receive a Federal Pell grant.
This grant is determined by the financial aid counselor and is based on your economic need. It generally amounts to $500 – $1,500 annually.