Paying for College


Financial aid can come from federal, state, school and private sources to help you pay for college or career school. 
The U.S. Department of Education awards more than $120 billion a year in grants, work-study funds, and low-interest loans to more than 13 million students. Federal student aid covers such expenses as tuition and fees, room and board, books and supplies, and transportation. Aid also can help pay for other related expenses, such as a computer and dependent care. Thousands of schools across the country participate in the federal student aid programs; ask the schools you’re interested in whether they do!

There are three types of federal student aid:

Grants—financial aid that doesn't have to be repaid (unless, for example, you withdraw from school and owe a refund)
Work-study—a work program through which you earn money to help you pay for school
Loans—borrowed money for college or career school; you must repay your loans, with interest

Aid from your state government

Even if you're not eligible for federal aid, you might be eligible for financial aid from New York State through TAP. The New York State Tuition Assistance Program (TAP) helps eligible New York residents pay tuition at approved schools in New York State. Depending on the academic year in which you begin study, an annual TAP award can be up to $5,165. Because TAP is a grant, it does not have to be paid back.

TAP- New York State Grant Program

Aid from your college or career school 

Many schools offer financial aid from their own funds. Find out what might be available to you:

Visit your school's financial aid page on its website, or ask someone in the financial aid office. 

Ask at the department that offers your course of study; they might have a scholarship for students in your major.

Fill out any applications the school requires for its own aid, and meet the deadlines.

Aid from a nonprofit or private organization 

Many organizations offer scholarships or grants to help students pay for college or career school. This free money can make a real difference in how affordable your education is.

Click HERE for the New York State and Federal Financial Aid 101 powerpoint! Learn the BASICS about college financial aid!!!!