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Financial Aid 101



Federal Work-Study

Financial Aid 101

How do returning or continuing students reapply?

All financial aid application expire at the end of May each year. If you plan to continue attending after the spring semester, you must reapply for financial aid.

Priority Filing Period
We have established January 1 - May 1 as a priority application filing period for students returning in the fall. If you file your FAFSA within this time frame, you have the best chance of receiving all the financial aid for which you are eligible.

File a FAFSA Every Year
Remember to refile a FAFSA by the end of the spring term so that you can renew your financial assistance for the following fall.

File Your FAFSA On the Web
After February 1, use your ED PIN to refile FAFSA on the Web. Complete your FAFSA as early in the new calendar year as possible after February 1st even if you are unsure about your school plans for the fall. 

Use Your Federal PIN
You will need your Personal Identification Number (or PIN) to access your FAFSA data on-line and update it for the new academic year.

Every person who filed a FAFSA in the previous award year will already have a PIN. However, if you (or your parent) has lost or forgotten your PIN, request one at the ED PIN website. You will be able to view your PIN instantly online or have it sent to you immediately by email.

The U.S. Department of Education may require you to re-authenticate your PIN information before you access your financial aid record. If you don't know your PIN, or if one of your parents needs to get a PIN, or if you have problems with authenticating your PIN, you can get help at the ED PIN website.

Provide a Valid Email Address
Remember to provide a valid email address when you file your FAFSA on the Web. Once your FAFSA is processed, you will receive an email with a URL to access your application results. If you and your parents used a PIN to sign your FAFSA and there are no other problems with your application information, you may receive this email notification in as little as 24-72 hours. Be sure to review your application results when you receive this email notification and download a copy of the results (called a Student Aid Report or SAR) for your records.

Use the IRS Data Retrieval Tool
You and your parents may be able to have your income information imported automatically from IRS records into your FAFSA using the IRS Data Retrieval Tool. This option will  help make it easier for you and your family to fill out the income sections of the FAFSA. 

If you are eligible to use this option, you will go through a quick authorization process and your income information will be transferred immediately from IRS records directly to your FAFSA. You and your parents must have already submitted your prior year tax returns at least 2 weeks before attempting to use the IRS Data Retrieval option or the IRS information won't be available to transfer to your FAFSA. 

If you don't use this option when you complete your FAFSA, your application will likely be selected for review by the Department of Education for verification and your financial aid awards delayed until you complete the review process.

How Do I Reapply for TAP?
Reapply for TAP on the Web as part of the FAFSA on the Web process. When you have submitted your FAFSA, you will be taken to the FAFSA Confirmation Page. Look for "Optional Feature -- Start your state application" on the Confirmation page to go to TAP on the Web. Here you will be able to reapply for New York State tuition assistance programs for full-time and part-time students.

If you do not complete the TAP on the Web application when you file your FAFSA on the Web, you will be sent an email with a link to that application after your FAFSA is processed.

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Borough of Manhattan Community College
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