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undergraduate application and instructions - SUNY Institute of ...

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COSTS AND FINANCIAL AID<br />

You can obtain general financial aid information, <strong>and</strong><br />

information about your own financial aid <strong>application</strong><br />

by calling Federal Financial Aid Application Status at<br />

1-800-433-3243 or New York State TAP <strong>and</strong> Loan<br />

Application Status at 1-888-697-4372.<br />

How Financial Aid Works<br />

Financial aid is available at all<br />

State University campuses to<br />

assist students who are unable<br />

to pay college costs.<br />

Eligibility for financial aid is<br />

based on the amount which you<br />

<strong>and</strong> your family are expected to<br />

contribute toward your college<br />

expenses. This amount is determined<br />

by analyzing your family’s<br />

financial circumstance, including<br />

such factors as income, assets,<br />

<strong>and</strong> number <strong>of</strong> dependents in<br />

college. Each State University college<br />

uses the federal calculation<br />

to determine your financial need<br />

<strong>and</strong> eligibility for assistance.<br />

State University campuses<br />

participate in a variety <strong>of</strong> state,<br />

federal, <strong>and</strong> private financial aid<br />

programs. Assistance is available<br />

for full-time <strong>and</strong> part-time students<br />

based on financial need <strong>and</strong> availability<br />

<strong>of</strong> funds. If eligible, you may<br />

be <strong>of</strong>fered aid for tuition <strong>and</strong> other<br />

college expenses from programs<br />

such as education loans, Federal<br />

Pell Grants, New York State Tuition<br />

Assistance Program (TAP), institutional<br />

grants <strong>and</strong> scholarships, <strong>and</strong><br />

others. Read this information on<br />

how to apply. You or your family<br />

may also qualify for certain tax<br />

benefits associated with college<br />

costs. You may wish to get<br />

pr<strong>of</strong>essional tax advice.<br />

Tuition, Fees <strong>and</strong> Other Costs<br />

Costs vary depending on the<br />

college, its location, full-time or<br />

part-time enrollment, program <strong>of</strong><br />

study, housing accommodations,<br />

personal expenses, <strong>and</strong> other<br />

individual factors.<br />

State University colleges have<br />

higher tuition rates for students<br />

who are not New York State residents<br />

(see chart below). Contact<br />

the Office for Student Accounts at<br />

your college choices for details<br />

about residency requirements.<br />

Technology colleges charge a<br />

reduced non-resident tuition rate<br />

<strong>of</strong> $5,000 per year for the associate<br />

degree <strong>and</strong> the st<strong>and</strong>ard nonresident<br />

rate <strong>of</strong> $8,300 for the<br />

bachelor degree.<br />

Community college tuition<br />

ranges from $2,200-$2,600.<br />

The sample budgets below can<br />

be used to estimate costs for<br />

the 2003-2004 academic year.<br />

Students who enroll in a community<br />

college not in their home county,<br />

must provide the college with a<br />

certificate <strong>of</strong> county residency to<br />

benefit from the lower, in-district<br />

tuition rate.<br />

For students taking fewer than<br />

12 semester hours (part-time<br />

study), New York State resident<br />

tuition is $137 per credit hour for<br />

baccalaureate degree programs<br />

<strong>and</strong> $128 per credit hour for<br />

associate degree programs.<br />

Most State University campuses<br />

have time-payment plans to<br />

enable you to pay in monthly<br />

installments. Campus business<br />

<strong>of</strong>fices can provide you with information<br />

on payment options.<br />

How New Students<br />

Apply for Financial Aid<br />

1. Read each college’s catalog<br />

<strong>and</strong> financial aid literature <strong>and</strong><br />

contact the college financial aid<br />

<strong>of</strong>fice if you have specific questions.<br />

This is the best source <strong>of</strong><br />

financial aid information.<br />

2. Apply for financial aid:<br />

• Check with the college to see<br />

which forms to use. All students<br />

must complete the Free Application<br />

for Federal Student Aid<br />

(FAFSA).<br />

• If you have Internet access, you<br />

can file the FAFSA online at<br />

www.fafsa.ed.gov. FAFSA applicants<br />

who are New York State<br />

residents <strong>and</strong> who plan to attend<br />

a college in New York will automatically<br />

be sent an Express<br />

TAP <strong>application</strong>.<br />

• Complete the FAFSA after January<br />

1, 2003, even if you have not<br />

yet filed your 2002 tax returns.<br />

Use estimates if necessary.<br />

• If you are unable to file on the<br />

web, you can obtain the FAFSA<br />

<strong>application</strong> from your high school<br />

guidance <strong>of</strong>fice. Be sure to meet<br />

all deadlines.<br />

3. Investigate other sources <strong>of</strong> aid.<br />

Several free scholarship search<br />

services are available on the<br />

Internet.<br />

4. Keep a file <strong>of</strong> records <strong>and</strong><br />

copies <strong>of</strong> <strong>application</strong>s.<br />

How Transfer Students<br />

Apply for Financial Aid<br />

1. If you did not submit a FAFSA<br />

for the current academic year,<br />

you should follow the <strong>application</strong><br />

<strong>instructions</strong> for new students.<br />

2. If you did apply for financial aid<br />

this year, you will automatically<br />

receive a Renewal FAFSA<br />

from the U.S. Department <strong>of</strong><br />

Education for next year.<br />

3. You can complete the<br />

Renewal FAFSA on the web at<br />

www.fafsa.ed.gov. (You will<br />

need the “pin” number that<br />

was sent to you with the results<br />

<strong>of</strong> your <strong>application</strong>.) Or you can<br />

complete the paper Renewal<br />

FAFSA.<br />

4. To apply for financial aid at the<br />

college you are transferring to,<br />

use the college code for the<br />

new campus on the Renewal<br />

FAFSA. You can get the code<br />

from the college, or by calling<br />

1-800-4-FEDAID, or on the web<br />

at www.fafsa.ed.gov.<br />

TYPICAL EXPENSES FOR UNDERGRADUATE STUDENTS AT A <strong>SUNY</strong> COLLEGE – (NINE-MONTH ACADEMIC YEAR)*<br />

NEW YORK STATE RESIDENTS<br />

State-Operated Campuses State-Operated Campuses Community Colleges Non-resident<br />

Baccalaureate Degree Programs Associate Degree Programs Associate Baccalaureate<br />

Living on Campus Commuter Living on Campus Commuter Degree Programs 2 Degree Program 1<br />

Tuition $3,400 $3,400 $3,200 1 $3,200 1 $2,510 2 $8,300<br />

College Fee 25 25 25 25 0 25<br />

Student Fees 3 800 800 730 730 230 800<br />

Room & Board 6,840 2,740 6,520 2,300 2,150 6,380<br />

Books & Supplies 810 810 740 740 810 810<br />

Personal Expenses 1,160 1,170 810 810 750 1,160<br />

Transportation 590 980 510 1,170 890 590<br />

TOTAL COST $13,625 $9,925 $12,535 $8,975 $7,340 $18,065<br />

*2002-2003 cost <strong>of</strong> attendance estimates. Actual costs will vary. Call individual <strong>SUNY</strong> colleges for further information.<br />

1<br />

There may be scholarship programs at Technology Colleges that significantly reduce tuition.<br />

2<br />

Community colleges generally double their in-state tuition for non-residents.<br />

3<br />

Fees at State-operated campuses range from $350 to $1,390.<br />

A11

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