Financial Aid Facts

FAFSA (Free Application for
Federal Student Aid)
MCNY School Code: 009769

TAP School Codes:
Undergraduate: 1099
Graduate: 5425

FAFSA priority deadline: Be sure to file your FAFSA each year no later than March 15^th.

TAP and FAFSA applications in Spanish

Esto es una nueva característica: Conexiónes de ayuda financiera en Espanol! Nosotros hemos agregado la sigiente conexiónes para ayudar a nuestras familias que hablan espanol en el proceso de ayuda financiera para la Universidad.

FAFSA  TAP

6 Easy Steps

Click here to download The 6 Easy Steps to Apply for Financial Aid

Financing Your Studies

Find out the options available for financing your education.

 

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MCNY Financial Aid

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Sunay Tamashev

Education: Investing in Your Future

When it comes to increasing your earning power and job security, your education is the best investment in your future that you can make.

Education and Pays
Learn More. You'll Earn More!

New York Higher Education Loan Program

Available for the Spring 2010 Semester, NYHELPs will help New York State students and family bridge the gap between college costs and State and federal student aid.

PDF

Determining Need

The first step in figuring out how much you will need is to estimate how much your education will cost. When you consider the cost of your education, you will want to include both:

• Direct costs: tuition, fees, books, materials
• Indirect costs: commuting and personal expenses

Your Estimated Contribution
The federal processor determines the Expected Family Contribution (EFC) from information provided on the FAFSA. To get an idea of what your EFC would be, you can use this online calculator.

This is a free service and does not provide exact numbers. It is only an estimate of how much you may be able to receive and how much you might need to contribute.

Be prepared to answer questions about your income and financial status. It is helpful to go to this site before you visit the MCNY's Office of Student Financial Services. Print out your calculated results and save them for your meeting with your Student Financial Services Counselor.

Financial need is determined by subtracting your EFC from the total estimated educational budget.

If you are concerned about paying your Expected Family Contribution (EFC) dont worry, that's where financial aid can help. There is even a program to defer payment. At MCNY, we do everything we can to help you obtain your degree, with minimal "out-of-pocket" expense.

You can find out approximately how much financial aid you will need by logging on to www.finaid.org/calculators/finaidestimate.phtml. This is a free service and provides an estimate of how much you may be able to receive and how much you might need to contribute.

Be prepared to answer questions about your income and financial status. It is helpful to go to this site before you visit the Office of Stiudent Financial Services Office at the College. Print out your calculated results and save them for your meeting with your Student Financial Services Counselor.

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