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Student Financial Services


How do I apply for aid?

The first step is for the student to file the FAFSA and then apply for NYS TAP (if you are a NYS resident).  View our 2020-2021 How to Apply for Financial Aid on the Web Brochure brochure (for 2020-2021 financial aid).  You should know that New Paltz determines need based on FAFSA information, therefore we do not require a CSS profile.  

When do I get my award notice?

Freshmen & Transfers who apply by March will receive two award notices:

1-Preliminary award packages for new freshmen get mailed home in early February.  If we also include information stating that you were selected for verification, make sure to respond quickly so we can complete your file.

2- Actual award notifications get sent via email.  These award notices start going out in early May (on a rolling basis) to students who paid their deposit and have complete FAFSA files. The email notification will advise the student to login to my.newpaltz to accept/decline the aid electronically.  There is no deadline to accept the aid as not everyone wants to borrow loans.  But it's a good idea to accept your aid right after Orientation if you intend to use aid to pay your bill.  That way your aid will show as a credit on your billing invoice that will be due in August. 

Continuing Students:

Email notifications of award packages begin going out in early May (on a rolling basis) for students with complete files.  The email notification will advise students to accept/decline the aid on my.newpaltz.

How do I accept my aid?

This is done on my.newpaltz.  The award notification email we send you will have instructions.  Or you can see  which outline the simple process of accepting aid online.

What happens after I accept my loans?

→Direct Student Loans -

New borrowers at New Paltz must complete a Master Promissory Note and Entrance Counseling at StudentAid.gov. This can be done at any time, but it's best to complete this before the semester starts. 

→Direct Parent PLUS Loan -

The student can accept a Parent PLUS Loan as part of their aid package on my.newpaltz. The Parent PLUS loan is a federal loan in the parent’s name with a fixed interest rate. It requires a credit check for approval.  Our helpful PLUS PAGE gives you all the info you need regarding the terms of the loans, and how to apply.  The Parent PLUS Application comes out on June 1st every year, so we recommend you apply as soon as possible after June 1st each year. »Parent PLUS Loan Page

Did I complete everything? 

View our handy checklist to make sure you've completed all the steps. 

When does my aid pay out?

→Direct student and parent loan monies will disburse starting the second week of the fall and spring semester.

→Pell grants are disbursed around the third week of the fall or spring semester.

→NYS TAP grants are typically disbursed after the mid-point of the fall and spring semester.

→Summer aid typically disburses in July.

If a student's finalized financial aid exceeds their charges, Student Accounts will issue a refund for the amount of the overpayment. Refunds get issued right after the award disburses per the above schedule. Students can get refunds direct deposited by setting up a payment profile (e-refund) within their My Student Account on my.newpaltz. Otherwise, students who live off campus will have their exchange checks mailed to them and on-campus students will receive notification to sign for their checks at the Office of Student Accounts. Please know that any refunds from a Parent PLUS Loan will not be directed deposited into the student's checking account. Instead, PLUS exchange checks always get mailed to the parent's permanent address.

Refunds are issued by The Office of Student Accounts. More info can be found on their website: EXCHANGE CHECKS

What are my other funding options?

Also, don't miss out on the available Federal TAX Benefits.  We also encourage our students to empower themselves with financial literacy by signing up for their free SUNY Smart Track account.  Click the portal below to begin!

Smart Track Link



Student's receive an email notification after registering for classes (after orientation for new students) to review and accept the charges on their semester bill via their my.newpaltz.edu.

Financial Aid Deferrals

Accepted aid will show as a deferral on the invoice.  You will be responsible for any remaining balance due by the due date on your invoice.  

Making Payments

You can pay online, by mail, in person, via drop box, by phone, or via EFT.  See: Ways to Pay

Time Payment Plan

The New Paltz Time Payment Plan allows you to make installment payments toward your balance due for the cost of tuition, fees, and on-campus room/board during the Fall and Spring semesters. See: New Paltz Time Payment Plan

Authorized User

Are you trying to view your student's account information?  Students have the ability to add the parent as an authorized user to view their account info. The student must login to my.newpaltz.edu and navigate to 'My Student Account to 'add an authorized user'.  The parent will then receive an email with a link.  That link will provide account information and the ability to make payments.

Billing questions you need answered? 

Permission must be granted by the student to discuss account-specific billing information with a parent or guardian.  See: Waiver for the Release of Information.

Visit the Student Accounts Home Page for additional information on tuition or billing.