sunyfap 2009
DESCRIPTION
SUNYFAP 2009. HESC Update. PLUS Loan Auction. Postponed. Loan Updates. e-MPN Entrance Counseling EFT Express update AltLoan Connection. Tuition Assistance Program (TAP) and 2009 Budget. - PowerPoint PPT PresentationTRANSCRIPT
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SUNYFAP 2009
HESC Update
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PLUS Loan Auction
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Loan Updates
e-MPN Entrance Counseling EFT Express update AltLoan Connection
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Tuition Assistance Program (TAP) and 2009 Budget
A new requirement that income from New York State, Federal and local government pensions be included when determining TAP eligibility was included in the new budget
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Scholarships and Loan Forgiveness
Flight 3407 Memorial Scholarship Program
Regents Health Care and Professional Opportunity scholarships sunset
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Tuition Assistance Program (TAP)
TAP program remains essentially unchanged:
Maintains current TAP award calculations for students attempting 12 or more credits
Maintains current academic standards
Maintains income adjustments for students with multiple family members in college
Maintains funding for graduate students
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2009-10 Application Processing
256,082 applications processed as of April 20, 2009
20,000 more applications processed for 2009-10 than this time last year
2008-09 processing was up 30,000 over 2007-08 Application Type by percentage: ETA 7% FAFSA Direct 32% Renewal Process 36% ATOTW 25%
Estimated TAP awards available in early May, 2009
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Financial Literacy Training
HESC staff continues to conduct financial literacy sessions across the state
This year a total of 71 sessions were completed 1065 college students at 17 schools 2329 high school students at 21 schools
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Financial Literacy
FACTS - Financial Literacy Modules available on HESCWeb HESC Staff Train the trainer
New financial literacy tools Web-based Borrowers can proceed at own pace
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RFI Generator
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Provide additional details here
Completing the RFI
Importance LevelSchool Rating
Lender Response
RFI
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SUNYFAP 2009
HESC Update