1. NEW YORK CITY COLLEGE OF TECHNOLOGY
SPRING 2012 INFORMATION WORKSHOP
April 22, 2012
Office of Financial Aid

2. ESTIMATED EDUCATIONAL EXPENSES FOR
2012-2013
ONE ACADEMIC YEAR
(FALL & SPRING SEMESTERS)
BOOKS/SUPPLIES ----------------------------------$1,248.00
TRANSPORTATION ------------------------------- $986.00
*HOUSING -------------------------------------------$1,685.00 - $8,820.00
*LUNCH/FOOD ------------------------------------$1,105.00 - $1,977.00
*PERSONAL------------------------------------------$1,780.00 - $3,954.00
TUITION -----------------------------------------------$5,130.00 (FULL – TIME)
Fees ---------------------------------------------------$339.10 (FULL – TIME)
ESTIMATED COST OF EDUCATION FOR ONE YEAR: $12,273.00 - $22,454.10
*Lunch/food – depends on whether students are living with parent or away from parent
*Housing – depends on whether students are living with parent or away from parent
*Other/Personal – depends on whether students are living with or living away from parent
2

3. FINANCIAL AID FOR
2012-2013 ACADEMIC YEAR
(FALL & SPRING SEMESTERS)
FEDERAL PELL GRANT AWARD RANGE $555 - $5,550
NYS TAP AWARD RANGE $500 - $5,000
TOTAL: FEDERAL PELL & TAP MAXIMUM AWARDS - $10,550.00
*FEDERAL SEOG -----------------------------------$200.00 - $400.00
*FEDERAL WORK STUDY -------------------------$900.00 - $2000.00
*ESTIMATED AWARD AMOUNTS
3

4. HOW TO PAY FOR COLLEGE
1. Financial Aid
2. Money from Savings
3. Money from Family & Friends
4

5. WHAT IS FINANCIAL AID?
5

6. WHAT IS FINANCIAL AID?
Grants
(DO NOT HAVE TO BE REPAID)
 Federal PELL Grant
 Tuition Assistance
Program (TAP)
 Aid for Part-time
Study Program (APTS)
 Federal
Supplemental
Educational
Opportunity Grant
(FSEOG)
6

7. WHAT IS FINANCIAL AID?
Employment Opportunities
Federal
Work Study
Program
7

8. WHAT IS FINANCIAL AID?
Loans
(MUST BE REPAID)
Federal Direct Subsidized Loan
Federal Direct Unsubsidized Loan
Federal Direct PLUS Loan
Federal Perkins Loan
8

9. WHAT IS FINANCIAL AID?
Scholarships
(DO NOT HAVE TO BE REPAID)
 Visit www.fastweb.com for
information on outside scholarships.
 Speak to your high school college
counselor
 Speak to your employer
 Many companies have scholarships
available for employees and
children of employees
 Remember, “Never Give Money to
get Money”
 You should never have to pay
money to receive a scholarship
9

10. CITY TECH LUMP SUM
TUITION GRANT
 Must be enrolled in the Associate Degree
Program.
 Must be a New York State Resident.
 Must have an outstanding tuition balance.
For additional Information, please go to the:
Scholarship Office
Room NG-09 or call 718-260-5054.
Note: The lump sum award may be adjusted if other funds
become available.
10

11. APPLY EARLY BEGINNING
JANUARY 1st OF EVERY YEAR!
Priority filing period:
January 1st to March 31st
11

12. HOW TO APPLY
It Starts with the
FAFSA
and
ends with the
TAP
Application
12

13. TWO FINANCIAL AID
APPLICATIONS:
2012 - 2013
FAFSA
&
TAP
13

14. HOW TO APPLY
Gather your 2011 Income
Documents
(Including Federal & State Tax Returns)
14

15. HOW TO APPLY
Go to
www.fafsa.gov
15

16. HOW TO APPLY
Get Your
Federal PIN
Student
&
Parent
16

17. HOW TO APPLY
Complete the FAFSA
17

18. HOW TO APPLY
TAP Application
Available on FAFSA
Confirmation Page
Click on
the
“Optional Feature-
Start your state application”
18

19. HOW TO APPLY
FAFSA College Code:
002696
TAP College Code:
1405
19

20. HOW TO APPLY
Select the
“IRS Data Retrieval” Option
for
FAFSA TAX Questions
Otherwise, you may need
IRS Tax Transcripts
&
W2 Transcripts
20

21. NEED HELP with the Application?
Go to the
FINANCIAL AID WEB LAB
 In-person application review services are
available at City Tech in Room NG-08 A.
 Call the Financial Aid Office at 718-260-5700 for
the Web Lab hours.
21

22. FOLLOW – UP APPLICATION RESULTS
FAFSA: WWW.FAFSA.GOV
TAP: WWW.HESC.COM
22

23. FOLLOW – UP APPLICATION RESULTS
Review Your
“Student Aid Report”
(SAR) = Information from FAFSA
Make Corrections (if necessary)
23

24. FOLLOW – UP APPLICATION RESULTS
Submit Requested Information
Immediately
24

25. HOW TO PAY
Tuition Payment Plan
TUITION PAYMENT PLAN
Monthly payment plan to help families to budget
tuition and fee expenses.
www.tuitionpay.com/cuny
25

26. BOOK ADVANCE PAYMENT
Federal Pell
 Have a finalized Pell award by the beginning of
the semester.
Have a balance (to be paid to you) after the
tuition & fees have been applied.
 $600.00 maximum Pell Book Advance Payment.
Federal Direct Loans
 Partial payments from loans (balance to be paid
to you after tuition and fees have been applied).
26

27. TIPS FOR A SUCCESSFUL
COLLEGE EXPERIENCE
File application

early, starting January 1st of
every academic year.
Priority deadline is March
31st
 Follow up and check
application results
 Attend your classes
 Get good grades (A, B & C)
 Avoid withdrawing from
classes.
27

28. TIPS FOR A SUCCESSFUL
COLLEGE EXPERIENCE
 Know the requirements
for your program of
study
 Get advice (financial aid
& academic)
28

29. CONTACT INFORMATION
 City Tech Financial Aid :
Website:
www.citytech.cuny.edu/admissions/financialaid/index.shtml
Web Lab: Room Namm G-08A
(718) 260 – 5705
Telephone Number: (718) 260 – 5700
 Federal Information: (800) 433 – 3243
 TAP: (888) 697 - 4372
29

30. Best wishes for joy and success
in the path you choose for yourself!
30