Parents may borrow the difference between the cost of education and expected financial aid. With the exception of the annual Federal Stafford and Unsubsidized Stafford limit for graduate and professional degree borrowers, these new loan limits are effective for loans first disbursed on or after July 1, 1993. All students who receive Title IV financial aid must be making Satisfactory Academic Progress. Pell Grants Satisfactory Academic Progress requires a student to be in Good Academic Standing as defined by the College, and the student must be making progress toward a degree. TAP is a New York State grant program available to all New York State residents who attend an approved post secondary institution of education within the State on a full-time basis.
Eligibility is based on the family's previous year's New York State taxable income.
Allowances are made if there are additional family members attending college on a full-time basis. To be eligible, a student must meet the income limits, and have remaining TAP eligibility. Applications for this program are available from the Financial Aid Office. The Child of Veteran Award is a financial aid program for children of veterans who are deceased, disabled or missing in action as a result of service during World War I, World War II, Korean Conflict or Vietnam Era or who were classified as prisoners of war during such service. The combined Child of Veteran Award and TAP award can never exceed the amount of tuition charges.