NEWS and UPDATES -last updated Oct 26th, 2015
» Winter Aid Application Becomes Available on November 2nd, 2015
Curious about what financial aid is available in the winter? In most cases students do not qualify for additional aid in the winter session. However, the Financial Aid Office will gladly review your eligibility to see if you qualify for any funds. To have your file reviewed please submit the Winter Session Financial Aid Options Form (the form will be available starting Nov 2nd). The office will respond to you via email by December 4th, 2015.
» FSA ID to replace PIN
» Attention Work Study Recipients
If you have been awarded Federal Work Study as a part of your financial aid package you will be receiving an email by August 14th with hiring instructions. The email will detail the online application process that begins one week before the fall semester begins. If you'd like to learn more about the work study program please visit our FWS PAGE.
» 3 Easy steps to filing for your FAFSA for 2015/16
1) Financial aid applicants and their parents should electronically file their 2014 federal income tax returns two to three weeks before the 2015-2016 FAFSA is completed.
2) Wait two to three weeks to have access to the IRS Data Retrieval Tool for your 2015-2016 FAFSA on the Web.
3) Complete the 2015-2016 FAFSA on the Web at www.fafsa.ed.gov using the IRS Data Retrieval tool. The FAFSA should be filed by the college's priority deadline below.
» Application Deadlines!Will you need Financial Aid to Help Pay for College in Summer 2015, Fall 2015 or Spring 2016? If so, complete the 2015-2016 Free Application For Federal Student Aid (FAFSA) electronically at www.fafsa.ed.gov. Review our step-by-step guide: 2015-2016 How To Apply For Financial Aid On The Web.
•Fall 2015- the priority deadline for filing is March 15th 2015.
•Spring 2016- the priority deadline for filing is October 1st 2015.
» Are you a first-time undergraduate at New Paltz for Spring 2016?
Make sure to view our Spring Checklist for new freshmen and transfers. Our checklists are the #1 resource for students to help get financial aid in order before the semester starts! It's also linked under Money - My Financial Aid when you log in to my.newpaltz.
» Questions about the verification process?
If you've been selected for verification and have not completed the process yet you can see what items are missing under my.newpaltz- My Financial Aid - Eligibility. You must satisfy the missing requirements so we can determine your eligibility and offer you an aid package. If you have questions on the process view our verification page for more complete information.
» Loan Disbursements
Loans disburse mid-week on a rolling basis starting 9/1/15 for fall. Have your fall loans disbursed already? If not, make sure you've completed your loan requirements...
→If you accept a Direct Student Loan then you must login to studentloans.gov with your studeNT FSA ID and
- Complete Entrance Counseling for State University College at New Paltz
- Complete a Master Promissory Note for subsidized/unsubsidized loan
→If you accept a Direct Parent PLUS Loan your parent must complete a credit check REQUEST (our PLUS page has more details). To apply your parent must login to studentloans.gov with their ID (not the student's ID) and
- Click and COMPLETE THE PLUS REQUEST via APPLY FOR A Plus Loan
- If approved, they will be asked to complete a Master Promissory Note for a Parent PLUS loan
» Do you need help using the IRS Data Retrieval Tool on your FAFSA?
Make sure to view our helpful tutorial that walks you through the process >> DRT Tutorial
» Have you heard of the Governor's new STEM Incentive Program?
Read up on the proposed program guidelines here >> STEM Q & A
The application is not yet available, but hesc.ny.gov will update their website with more detailed program information after the NYS budget passes.
» Did you accept a PLUS loan?
Just like student loans, fall and spring semester Plus loans disburse once a week starting in early Sept for fall and late Jan for spring. But what if yours hasn't paid out yet? If it has not disbursed then it's likely that your parent still needs to complete the credit check application. These instructions help parents navigate the application process: PLUS REQUEST
NOTE: Signing a master promissory note is only part of the process. Parent borrowers must also click 'REQUEST A DIRECT PLUS LOAN' to complete the quick application and credit check on studentloans.gov.
» PELL GRANT CHANGES
Effective July 1st 2012, eligible students will be limited to receive Pell for a maximum of 12 full-time semesters (or the equivalent). You can read more about Pell Grant eligibility here: GRANTS