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Financial Aid
Home » Financial Aid » College Grants » New York College Grants
Many people have the idea that all New York residents are wealthy, but this is certainly not true, especially when it comes to paying for college. In fact, because of the large population, there may be more individuals in New York needing grants for college than anywhere else.
For state funding available toward enrollment at any state college or university, the New York Higher Education Services Corporation is the administrator, providing scholarships and grants based on merit and need. For example, the Tuition Assistance Program, or TAP, is one of the largest need-based grant programs in the US, offering up to $5000 to full-time students enrolled in a state college or university. For part-time students, there is also the Part-Time TAP.
Aid for Part-Time Studies is a flexible grant for non-traditional students, available for applicants with child dependents who earn no more than $50,000 per year. Grants are awarded in amounts of up to $2000 per academic year. New York State Scholarships for Academic Excellence are awarded based on merit in amounts of $1500 for study at in-state schools. Eligible candidates score high on state regent exams and have notable GPA's and class rankings.
For students who lost parents and guardians or who had parents or guardians who were wounded in the 9/11 attacks, which were devastating to New York residents, are eligible for the New York State World Trade Center Memorial Scholarship. The Veterans Tuition Awards grant up to $1000 per semester for veterans attending any state college, university, technical, or vocational school.
Paying for school is not easy, but we are here to help. OEDb's student finance section will help you find the money you need to pay your tuition and other college expenses. We cover scholarships, college grants, and student loans. Scholarships and grants are both forms of "free money", meaning they don't need to be paid back. Scholarships are typically awarded by businesses or individuals, with the money being earmarked specifically for tuition. They can be awarded based on a student's location or by religious affiliation, such as Catholicism or Islam. Grants are typically awarded by governments or non-profit organizations and the money often can be applied to several different expenses a student may incur, not solely tuition. They can be awarded based on location or ethnicity, for instance African American or Hispanic. Loans are not considered "free money", because unlike scholarships and grants, they do need to be paid back after graduation. Common federal loans include Perkins and Stafford. Loans are also available by location.