Financial Aid

NEWS and UPDATES -last updated June 9, 2016

» Incoming Freshmen

Make sure to check out this web page which outlines the timeline for aid processing. Our financial aid checklist is also a great resource to make sure you're ready for the fall semester!

» Summer Aid 

The summer aid application is now available and the deadline to apply is July 15th! Read our SUMMER PAGE to find our application and information about how aid is awarded during the summer term. Summer loans are expected to disburse starting July 7th, 2016.

» Scholarship Opportunities for Current Students!

The online application process for 2016-2017 SUNY New Paltz Scholarships is now open!  The application deadline is April 8th, 2016. The link to Apply for Scholarships Online can be found on my.newpaltz.edu on the Students tab under Money.  Start by completing the General Application then click the Opportunities tabto view the scholarships. Be sure to start your application early to allow ample time for your professors to submit their recommendations by the deadline.

WANT TO LEARN MORE? Workshops will be held for students who have questions on the following days:

March 15th from 11:00 am to 1:00 pm in the Student Union, Room 209

March 16th from 3:00 pm to 5:00 pm in the Student Union, Room 208

 

» It's FAFSA time

8252016

 

2016

 

 

» FSA ID to replace PIN

 Click here to view step by step instructions on how to create a FSA ID

 

» 3 Easy steps to filing for your FAFSA for 2016/17

1) Financial aid applicants and their parents should electronically file their 2015 federal income tax returns two to three weeks before the 2016-2017 FAFSA is completed.

2) Wait two to three weeks to have access to the IRS Data Retrieval Tool for your 2016-2017 FAFSA on the Web.

3) Complete the 2016-2017 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.

For more help see our step by step guide.

 

» Application Deadlines!

Will you need Financial Aid to Help Pay for College in Summer 2016, Fall 2016 or Spring 2017? If so, complete the 2016-2017 Free Application For Federal Student Aid (FAFSA) electronically at www.fafsa.ed.gov. Review our step-by-step guide: 2016-2017 How To Apply For Financial Aid On The Web.

•Fall 2016- the priority deadline for filing is March 15th 2016.

•Spring 2017- the priority deadline for filing is October 1st 2016.

 

» 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 9/1/16 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 pagehas 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