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| Financial Aid |
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How is my eligibility
determined?
Financial need is the basis for determining
your eligibility for financial aid. Financial need can be
defined as the difference between what the college indicates
it costs for you to go to school, called the cost
of attendance, and what |
| you and your family can be reasonably
expected to contribute to help you pay these expenses, called
the expected
family contribution (EFC). The lower your EFC and the
higher your cost of attendance, the greater will be your need
for financial aid. |
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| The information you submit on your FAFSA is analyzed according to a formula that calculates
the EFC by taking into account your family income, tax-filing status, the number
of people in your family, the number of family members in
college and some of your family's assets. The formula recognizes
that only a portion of your and your family's income and assets
may be considered available for educationally related expenses. |
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| One important factor used in calculating an
EFC is your dependency status. Certain questions on your financial aid application(s)
will determine whether you are a dependent
student and must report your parents' income and resources
along with your own, or an independent
student who reports only your own (and your spouse's)
income and resources. |
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| To get a quick estimate of the financial aid awards you might qualify for, you may use of these quick and easy calculators: |
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Although
the primary responsibility of paying for school rests with
you and your family, the college tries to assist you
in meeting your cost of education to the fullest extent possible. Most students will discover that there is at least one aid program
they can benefit from. We encourage you to apply for financial
aid each year, even if you think that you might not be eligible. |
How much aid can I receive? |
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FAFSA
School Code
002691
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TAP
School Code
1404
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| By Telephone: |
Information
(24 Hours) |
212 220-1430 |
| Reception |
212 220-1430 |
| Fax |
212-220-2368 |
| E-mail:
finaid@bmcc.cuny.edu |
|
The City University
of New York
