Application Procedures and DeadlinesThe first step in the financial aid application process is to complete the Free Application for Federal Student Aid (FAFSA) online at www.fafsa.ed.gov. The CSI FAFSA College code is 002698. After submitting the FAFSA online, applicants should print the CONFIRMATION PAGE for their records. At the top of this page, New York State residents should also click on the hyperlink NY State Residents to file the TAP ON THE WEB (TOTW) application for the New York State Tuition Assistance Program. The CSI TAP College code is 1417. A PIN should be used to sign the FAFSA and the TOTW electronically. Applicants (and their parents, if dependent) can request a federal PIN at www.pin.ed.gov. The federal PIN can be used to sign both the FAFSA and the TOTW. Applicants should promptly complete and return any subsequent supplemental application form sent by CUNY or the College in order to ensure consideration for as much aid as possible. Current and prospective students may use computers in the Student Service Center in Building 2A, Room 407 to file aid applications online and are invited to call (718) 982-2601 to make an appointment. Transfer Students Transfer students must follow the application steps listed above to apply for federal and state financial aid. If an application has already been filed for the current year, correct the FAFSA online to include CSI in the list of colleges. The CSI FAFSA College Code is 002698. Also, go to www.hesc.com to change the College code on the TAP application. The CSI TAP College code is 1417. Priority Deadlines All aid applications should be submitted by the following Priority Deadlines: March 31 for the summer and fall terms; November 30 for the spring term. Applying after the applicable Priority Deadline makes it less likely that financial aid awards will be available for payment of tuition and fees by the due date of the bill. The Student Financial Aid Office, at its sole discretion, may assist students whose circumstances reasonably prevented them to file the FAFSA in a timely manner. Such students might be helped only if they printed the CONFIRMATION PAGE after submitting the FAFSA online and have it available. Ability to Benefit Regulations In order to receive Title IV federal financial aid students must have a high school diploma or its equivalent (e.g. GED) on file with the Office of Recruitment and Admissions. Attendance Students must attend class in each course for which they receive federal aid. Students must repay aid paid on the basis of any course in which there was no attendance. Withdrawal Students who withdraw from classes, either officially or unofficially, will have their records reviewed to determine if the federal aid disbursed to them exceeds the amount they were entitled to receive. Any overpayment will be billed to the student. Failure to repay an overpayment within the applicable deadline will result in the College withholding all academic privileges, and the overpayment will be reported to the National Student Loan Data System (NSLDS) and referred to the United States Department of Education for collection. Some Financial Aid Is Taxable Federal tax regulations now require that students report some grants, scholarships, and fellowships to the Internal Revenue Service as taxable income. In addition, Federal Work Study wages are taxable. Recipients of funds from these sources are strongly urged to consult their tax advisor or the Internal Revenue Service to determine the impact of such grants on their personal tax circumstances. All students are urged to maintain accurate records of financial aid received and receipts for expenses related to attendance at college, such as books, supplies, tuition, and fees. Federal Satisfactory Academic Progress In order to make satisfactory academic progress toward a degree, for purposes of receipt of Title IV Federal Student Assistance, an undergraduate student must achieve at least the GPA required for probationary status at the institution: after two years of enrollment at the college, have at least a C average, or its equivalent, or academic standing consistent with the requirements for graduation; and have accumulated credits toward the degree according to the following standards:
Appeals/Probation: Undergraduate students who fall below the conditional standard may appeal through the Registrar's Office to retain eligibility for receipt of Title IV federal student assistance. There is no limit to the number of times a student may appeal. Transfer Students: Transfer students shall have their status initialized for purposes of satisfactory academic progress measurement by using the number of credits determined to be acceptable toward the degree as both the cumulative attempted credits and cumulative earned credits. Readmitted Students: Upon readmission after at least a one-year period of non-enrollment, the student will receive assistance for the terms in the academic year of readmission and will be evaluated for future eligibility at the end of the spring term against the appropriate standard for the degree program in which the student is enrolled. If a student is readmitted after less than one year of non-enrollment, the academic record will be evaluated for satisfactory academic progress under these standards as the record stood at the end of the last term of attendance. |