Financial Aid 101 How Much Aid Can I Receive?

Financial Aid

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	How much aid can I receive? Once you have resolved any issues with your financial aid applications and submitted the required information or documents to the Financial Aid Office, we will attempt to meet your financial need with a financial aid awards package.
A financial aid package usually covers an entire academic year and consists of grants and some type of self-help aid in the form of loans or work-study. How large an aid package you receive will depend upon the degree of your financial need and the availability of program funds. In general, your total aid package (including all grant, loan and scholarship aid) may not exceed your cost of attendance.
To award students, CUNY proceeds with the following steps:

	first, your eligibility for TAP and PELL is determined;
	then, your remaining financial need is determined based on CUNY's calculation of your total cost of attendance minus your estimated TAP and Pell awards;
	finally, CUNY tries to supplement your TAP and Pell awards with assistance from the following campus-based aid programs (subject to availability): FSEOG, Federal Work-Study or Federal Perkins Loan.

A scholarship from a public or private source may be added to your total financial aid package. You may also attempt to fill any remaining unmet need with a Federal Direct Loan. CUNY does not automatically include scholarships or Direct Loans as part of your awards package even though you may be eligible for them. Request a Direct Loan on our Loan Request page and learn about scholarships on our Scholarships page.

Use City University's Financial Aid Estimator/Net Proce Calculator to get a sense what kinds of financial aid you might expect if you choose to attend BMCC. This estimator is not a financial aid application and the amounts listed do not guarantee that these awards will actually be offered. The estimator is meant to be used as a tool to help you financially plan for your college education.