Financial Aid

Two students walking on campus

The Office of Financial Aid is now located in Wooster Hall 124

 

Excelsior Scholarship Program Information:

>>The recently passed New York State budget includes funding for the new Excelsior Scholarship Program, which will provide undergraduate tuition assistance to New York State residents attending SUNY or CUNY on a full-time basis. For the 2017-2018 academic year, families with an Adjusted Gross Income (AGI) under $100,000 ($125,000 when fully implemented in 2019-20) may qualify for an award, up to the cost of tuition after other grants/scholarships such as TAP and Pell are subtracted. The Excelsior Scholarship will only cover tuition costs, not associated costs, such as room and board.

Although the details are still being worked out, we do know that there will be academic and residency requirements attached to this new program. For example, students must complete 30 credits per year to continue to receive the scholarship. Recipients must also live and work (if employed) in New York State for the number of years equal to the awards received. Failure to meet this requirement will result in conversion of the award to a loan.

Applications for the Excelsior Program will be available in late May at www.hesc.ny.gov/excelsior. You can follow the link below to sign up to be notified when the application becomes available. Current and new students are eligible to apply. Individual award calculations will not be available for some time. Revised aid packages, when available, will be posted on my.newpaltz.edu.

Further information and FAQ’s can be viewed here.

You can also sign up to receive updates on the Excelsior Scholarship Program here.

 

IRS Data Retrieval Tool Update:

Are you selected for 2017-2018 verification and are unable to use the IRS Data Retrieval tool?  The tool was disabled in early March due to security concerns.  If you were requested to provide 2015 income tax documentation to our office please view our IRS Tax Return Transcript Request Instructions. For other 2017-2018 verification questions please view our informational page.
If you are just starting your 2017-2018 FAFSA, the IRS Data Retrieval Tool will be unavailable to upload your 2015 tax return information to the FAFSA. Financial aid applicants now filing the 2017-2018 FAFSA will have to enter their 2015 income and tax return information manually by using a copy of their 2015 federal tax return.

 

 

Scholarship Information:

>>The online application process for 2017-2018 SUNY New Paltz Scholarships is now open!  The application deadline is May 1, 2017. The link to Apply for Scholarships Online can be found on my.newpaltz.edu by clicking on Money then Apply for Scholarships Online under Financial Aid.  Start by completing the General Application then click the Opportunities tab to view the scholarships. Be sure to start your application early to allow ample time for your professors to submit their recommendations by the deadline.

 

>>Click to learn more about the New York State Education Department Native American Education award.