Financial Aid Process
The process of awarding financial aid begins with a thorough analysis of the student's and/or student's family's financial situation, including income, assets, and number of family members in college. Financial need is the difference between education cost and the expected family contribution (EFC).
The federal government, based on financial information provided on the Free Application for Federal Student Aid (FAFSA) form, determines the EFC. The government provides a free, fast, secure, and easy way to complete the FAFSA on the Web. Paper versions of the FAFSA are available from most high school guidance offices and college financial aid offices; however, completion of the FAFSA on the Web is the fastest, most efficient way to apply for all types of federal and New York State student aid.
Residents of New York State completing the FAFSA on the Web may submit all of the information provided on the FAFSA to their Express TAP Application (ETA). Once the FAFSA on the Web application has been completed and a submission confirmation received, students should select the link provided to go to TAP on the Web. This is a special feature available only to New York State residents.
Once the expected family contribution and any unmet financial need has been determined, the financial aid administrators will use all resources available to determine an appropriate award package. In creating a student's individual package, there are three basic forms of financial assistance available: grants (do not need to be repaid), jobs (on-campus federal work-study positions), and loans (must be repaid).
Students with specific questions or a private matter they would like to discuss with the student academic records and financial services staff, should call (716) 645-2450 or visit the financial services web site. The Student Academic Records and Financial Services office is committed to providing top-quality service to students.
Last updated: Tuesday, 03-Apr-2007 09:51:42 EDT