Financial Aid is a two step process. The
first step; the eligibility phase is represented by your award
The second step is to turn that eligibility into cash that you can use
to actually pay your student bill and the difference will be
refunded for your other expenses. This second phase requires additional
steps which occur over the coming months. For some kinds of
financial aid these steps are very easy, others are more complex. Be
assured we will assist you each step of the way. Our goal is to
convert all eligibility for which you are interested, into real money
that you can use to pay your tuition bill and other expenses.
circumstances we are required to make adjustments to your awards. Some
examples include; receiving additional scholarship awards, becoming an
RA or ATM, review of class registration to insure only coursework applicable towards your degree count towards aid eligibility, or changes in enrollment. When a revision is made,
we will notify you. Revised Awards supersede all previous awards.
We itemize each of the awards you qualify for and tell you the amount
for each semester. You may pick and choose the awards that best suits
your needs. As described below, some awards are grants that are not
repaid. Other awards are loans that must be repaid and still others are
work programs where you are paid based on the number of hours you
This is the average, used for all students in your category, of direct charges
(charges billed by the College at Oneonta) and indirect costs (other
costs you may experience while attending the College at Oneonta)
Your financial aid package, along with your personal resources, attempts to cover
average expenses (direct charges and indirect costs) associated with
attending SUNY Oneonta.
Your actual expenses will
vary based upon choices you make for; living arrangements, dining
choice, type and frequency of travel/commuting, purchase of new/used
books, and usual personal needs.
These are average charges payable to the College at Oneonta. Such
include tuition, fees, and perhaps room and board (if you live on
campus). Charges for residence living and meal plans vary
according to the living arrangement and meal plans you choose. Your
financial aid eligibility is based upon an average, not
upon actual charges. If your actual charges
exceed the average you must expect to pay the the
difference from personal resources or use financial aid designated for
other charges. Your financial aid eligibility will not increase. You
may be able to defer payment for these charges with your financial aid
awards. Those awards are identified below.
Financial aid disbursements are first
used to pay direct costs. After direct costs are paid any additional
financial aid disbursements are refunded to the student/parent and can
be used for indirect costs.
These are costs a student may incur while
attending the College at Oneonta. Such costs include traveling home
when classes are not in session,
books, personal expenses, and rent (if you live off campus and this is
equal to the allowance you would receive if chose to live on campus) .
Your financial aid eligibility is based upon an average,
not upon actual costs. If your actual costs
exceed the average you must expect to pay the the
difference from personal resources. Your financial aid eligibility will
not increase. Since these costs originate from sources external to the
College you will be expected to pay for these products and services,
not defer payment with your financial aid.
Federal PELL Grant is a Federal Grant program. Eligibility is determined by Congress.
For more information about this and other Federal Aid Programs review The Guide to Federal Student Aid, published by the Department of Education. The award may be used to defer
Federal Supplemental Opportunity Grant (SEOG) is a Federal Grant Program. This program is for exceptionally needy students.
These limited funds are awarded generally to students with need and
an EFC< 500. These funds may be used to defer
Federal Teacher Education Assistance for
College and Higher Education Grant (TEACH) TEACH is a Federal Grant Program with a teaching service obligation.
This program provides up to $4000 per academic year for full time
study. In exchange for the grant the student must agree to serve as a full time teacher in
a high need field (currently defined as Bilingual education and
English language acquisition, Foreign language, Mathematics, Reading
specialist, Science, Special education) in a school serving low
income students for at least four academic years within eight years
of completing the program of study. If the student does not satisfy
the service obligation, the amounts of the TEACH Grants received are
treated as a Federal Direct Unsubsidized Stafford loan and must be
repaid with interest. The Department of Education website can
provide additional details.
To be eligible a student must:
file a FAFSA,
meet general Title IV eligibility criteria
currently matriculated (in your first undergraduate degree) in one of the following programs:
*CHED Childhood Education (1-6)
*ECCE Early Child/Childhood Education (B-6)
*ECHE Early Childhood Education (B-2)
*MVCH Childhood Education (1-6) MVCC Campus
AEBI Adolescent Education Biology
AECM Adolescent Education Chemistry
AEES Adolescent Education Earth Science
AEFR Adolescent Education French
AEMA Adolescent Education Mathematics
AEPH Adolescent Education Physics
AESP Adolescent Education Spanish
FCSE Family and Consumer Sciences Education
**ADOL Adolescence Education
**ETEC Educational Technology Specialist
LB6 Literacy Education (B-6)
L512 Literacy Education (5-12)
FCSE Family and Consumer Sciences Education
SPEC Special Education; Early Childhood
SPCD Special Education; Childhood Education
SPAD Special Education; Adolescence Education
FLED Foreign Language Education
*In order to obtain a teaching job in a high-need
field, you must complete a master's program in a high-need field.
**In order to be eligible you must already have
certification in a high need field.
Intend to teach in a high need field at a public or private
elementary or secondary school that serves students from low-income
Maintain a 3.25 gpa or in the case of first year undergrad
a 3.25 high school gpa based on a 4.0 scale or in the case of first
year grad a 3.25 undergrad gpa. GPA requirment is waived if you
scored above the 75th percentile on any nationally normed
standardized admission test.
To apply the
student must make an appointment with his/her financial aid
counselor where additional steps will be explained.
New York State Tuition Assistance Program (TAP)is a grant program administered by the New York State Higher Education Services Corporation (NYSHESC) for New York State residents attending an approved college in New York State. Eligible applicants must have lived in New York for 12 consecutive months; provide proof of high school diploma or eligible equivalent; be enrolled full time in an approved degree program (12 credits applicable to the degree program per semester); maintain good academic standing, be U.S. citizens or permanent residents; declare a major in writing no later than the second half of the sophomore year; have a New York State net taxable income within legislated limits; and not be in default on a student loan guaranteed by NYSHESC or any repayment of State awards. More information about this and other New York State aid programs is available from the New York State Higher Educational Services Corporation (NYSHESC). We will estimate your TAP award until we receive notice from NYSHESC of your actual award amount. Awards are contingent upon passage of the New York state budget. Your official TAP Award Certificate from NYSHESC will be used to defer charges.
Educational Opportunity Program (EOP) funds are New York State grants which may be used to defer charges.
Aid for Part-Time Study (APTS) is a New York State grant program for eligible undergraduate degree
students enrolled for 3-11 hours per semester.
State University Supplemental Tuition Award (SUSTA) is awarded to students who receive a TAP award and have earned a
qualifying cumulative grade point average.
If your Award Letter contains a Federal
Work-Study (FWS) Award, a Federal Work Study Information
Sheet will be mailed to you soon. Please read the instruction sheet
carefully so that you may find a job that is compatible with your work
experience and your class schedule. Students with Awards from the Federal Work-Study Program must work to earn this money. Students
employed under this program will be paid every two weeks. These
limited funds are awarded generally to students with need and an EFC<
cannot be used to defer charges.
Financial Aid Awards are contingent upon the College receiving adequate
federal funds to support these programs. In the event of any changes,
you will be notified. State and Federal budget discussions may lead to
changes in funding levels, cost increases, or regulatory changes.
Federal Perkins Loans are long term, low interest Federal educational loans. The interest rate is 5%
and students may have up to ten years to repay the loan depending on
the aggregate amount borrowed. Students who have outstanding Federal
Perkins Loans have nine (9) months after termination of study before
repayment begins. These limited funds are awarded generally to
students with need and an low EFC. These funds may be used to defer charges. This loan program has recently expired. Certain students may continue to qualify under 'grandfather' provisions. Currently no new borrowers qualify for this program.
The Federal Direct Stafford Loan is a Federal educational loan with a low interest rate and extended
repayment. Eligibility for the Federal Direct Stafford Loan is on the same
basis as other need-based student financial aid.
The Federal Direct Unsubsidized Loan (Unsub) Students who do not demonstrate "financial need" for a subsidized
Federal Direct Stafford Loan, are eligible to borrow a
Federal Direct Unsubsidized Loan.
The Federal Direct Parent Loan (PLUS) is a federal loan for parents of dependent students. SUNY Oneonta
automatically packages PLUS in aid packages and let parents decide if
they want to pursue it further or not. A parent may choose to borrow
none, some or all of their eligibility. The parent's credit
history is considered by the lender before approving the loan. In the
event a parent does not qualify for this loan, the student may become
eligible for additional Federal Unsubsidized Loan. Contact your
financial aid counselor to discuss this option.
Special Note about Federal Direct Loans:
A new provision to the Direct Loan statutory requirements t limits a first-time borrower’s eligibility (only first time borrowers on or after July1, 2013 are subject to the provision) for Direct Subsidized Loans to a period not to exceed 150 percent of the length of the borrower’s educational program. Under certain conditions, the provision also causes first-time borrowers who have exceeded the 150 percent limit to lose the interest subsidy on their Direct Subsidized Loans.
Students/parents who borrow in the
Federal Direct Loan program(s) complete
an Electronic Master Promissory Note (e-MPN) , which
remains in effect throughout the student's college career (with
exceptions). This procedure eliminates the need to complete
subsequent Promissory notes each award year. Previous
Federal Direct Loan borrowers
who previously negotiated an e-MPN
therefore will not complete a new one. However, returning students must notify the Financial Aid Office if they wish to reduce or decline any
We have included private scholarships or assistance which you have
informed us. It is your responsibility to inform the Financial Aid
Office about any private scholarships/awards you will receive.
Satisfactory Academic Progress and Enrollment
If a student is enrolled in courses that do not count toward his degree, they cannot be used to determine enrollment status unless they are eligible remedial courses. This means you cannot receive aid for classes that do not count toward your degree or certificate. At the time you complete your degree requirements you become ineligible for aid, whether you choose to graduate or not. Also, federal student aid can be awarded only for learning that results from instruction provided or overseen by the school. It cannot be awarded for any portion of a program based on study or life experience prior to enrollment in the program, or based on tests of learning that are not associated with educational activities overseen by the school.
All students receiving Federal/State
funds must continue to make progress towards their degree
requirements. These requirements include both a qualitative and
quantitative component. Specific SAP requirements.