Financial Aid

Need Help? Questions?

Contact Us

Email: finaid@bmcc.cuny.edu
Office Phone: 212 220-1430
Office Fax: 212-220-2368
Room: N365

Office Hours

Mon, Thurs & Fri: 9:00 am - 5:00 pm
Tues & Wed: 9:00 am - 7:00 pm
Evening hours only when classes are in session

School Codes

FAFSA Code: 002691
TAP Code: 1404

Pell Grant Payment Information

Disbursement Information
Your Federal Pell Grant is scheduled to be disbursed in 2 equal payments per semester.  Each payment will be equal to 50% of your scheduled semester total. If you have a financial aid credit balance after the payment of your tuition and fees, you will receive a refund according to the refund schedule below.

2014-15 Pell Grant Refund Schedule

 
1st Refund
2nd Refund
Fall Semester
08-22-14
09-26-14
Spring Semester
1-26-15
03-06-15


Note: You must have resolved all financial aid related items on the "To Do List" in your CUNYfirst Student Center and you need to have completed registration at least 4 weeks before the start of the term to receive a refund on the dates posted above. 

The amount of your refund depends on your total scheduled Pell Grant for the semester which is calculated from the enrollment status you have on the date the disbursement is made.  If your enrollment status changes after you have received your 1st Pell Grant refund, the remaining amount will be adjusted up or down accordingly. 

Your final payable enrollment status for the semester is determined from your class enrollment as of the seventh day of the semester.

Financial aid is disbursed to your CUNYfirst account according to an established weekly schedule.  If a scheduled disbursement date is missed because your FAFSA was not processed in time or you registered late, your disbursement will post to your account as soon as possible after processing of your application is completed.

Important Note: You will not receive any funds in hand on the date you see the funds posted to your CUNYfirst account.  After a disbursement posts, the funds are applied to any tuition and fee charges that have not yet been paid.  Funds that are not needed to cover your charges are refunded to you 5-7 days after the funds disburse. Keep this in mind when you are doing your financial planning.

Receiving Your Refund
If you have chosen direct deposit as your preferred payment method, your Pell Grant refund will be available in your direct deposit account on the dates listed above.  Learn more about enrolling in direct deposit on pp. 13-15 of the CUNYfirst Student Financial Aid Guide.

If you did not select an electronic option for receiving your refunds, your Fall and Spring semester refund check(s) will be mailed to your home on the dates listed above.

Using the Pell Grant Award Chart
Calculate the amount of your Federal Pell Grant award amounts for the Fall 2014 or Spring 2015 semesters by using the award schedule below and other information from your paper or electronic Student Aid Report (SAR). If you don't have your SAR, you may access your SAR information online and download a copy at the FAFSA website. You will need your Federal PIN to view and download your SAR.

To use this chart, you need to know your Expected Family Contribution (EFC) and your enrollment status. Your enrollment status can be located by logging on to your CUNYfirst Self-Service Student Center pages and your EFC can be found on your SAR.

  1. Locate your EFC on your paper or electronic SAR.
  2. On the Pell Grant Award Schedule, look at the left-hand column labeled "EFC" and find the range of numbers containing your particular EFC.
  3. Look at the columns to the right labeled with the 4 different enrollment statuses. The appropriate PELL Grant award amounts for every EFC are printed for each enrollment status. Find the column for your enrollment status and move across the same row as your EFC until you find the award amount for your particular enrollment status.

EFC

Full-time

3/4-time

Half-time

Less than half-time

0
$2865.00
$2149.00
$1432.50
$716.50
1-100
2840.00
2130.00
1420.00
710.00
101-200
2790.00
2092.50
1395.00
697.50
201-300
2740.00
2055.00
1370.00
685.00
301-400
2690.00
2017.50
1345.00
672.50
401-500
2640.00
1980.00
1320.00
660.00
501-600
2590.00
1942.50
1295.00
647.50
601-700
2540.00
1905.00
1270.00
635.00
701-800
2490.00
1867.50
1245.00
622.50
801-900
2440.00
1830.00
1220.00
610.00
901-1000
2390.00
1792.50
1195.00
597.50
1001-1100
2340.00
1755.00
1170.00
585.00
1101-1200
2290.00
1717.50
1145.00
572.50
1201-1300
2240.00
1680.00
1120.00
560.00
1301-1400
2190.00
1642.50
1095.00
547.50
1401-1500
2140.00
1605.00
1070.00
535.00
1501-1600
2090.00
1567.50
1045.00
522.50
1601-1700
2040.00
1530.00
1020.00
510.00
1701-1800
1990.00
1492.50
995.00
497.50
1801-1900
1940.00
1455.00
970.00
485.00
1901-2000
1890.00
1417.50
945.00
472.50
2001-2100
1840.00
1380.00
920.00
460.00
2101-2200
1790.00
1342.50
895.00
447.50
2201-2300
1740.00
1305.00
870.00
435.00
2301-2400
1690.00
1267.50
845.00
422.50
2401-2500
1640.00
1230.00
820.00
410.00
2501-2600
1590.00
1192.50
795.00
397.50
2601-2700
1540.00
1155.00
770.00
385.00
2701-2800
1490.00
1117.50
745.00
372.50
2801-2900
1440.00
1080.00
720.00
360.00
2901-3000
1390.00
1042.50
695.00
347.50
3001-3100
1340.00
1005.00
670.00
335.00
3101-3200
1290.00
967.50
645.00
322.50
3201-3300
1240.00
930.00
620.00
310.00
3301-3400
1190.00
892.50
595.00
297.50
3401-3500
1140.00
855.00
570.00
0
3501-3600
1090.00
817.50
545.00
0
3601-3700
1040.00
780.00
520.00
0
3701-3800
990.00
742.50
495.00
0
3801-3900
940.00
705.00
470.00
0
3901-4000
890.00
667.50
445.00
0
4001-4100
840.00
630.00
420.00
0
4101-4200
790.00
592.50
395.00
0
4201-4300
740.00
555.00
370.00
0
4301-4400
690.00
517.50
345.00
0
4401-4500
640.00
480.00
320.00
0
4501-4600
590.00
442.50
295.00
0
4601-4700
540.00
405.00
0
0
4701-4800
490.00
367.50
0
0
4801-4900
440.00
330.00
0
0
4901-5000
390.00
292.50
0
0
5001-5100
340.00
0
0
0
5101-5157
301.00
0
0
0
5158-9999
0
0
0
0

Attendance Requirements
Federal student aid is awarded with the expectation that you will attend school for the entire period for which your financial aid was intended. To qualify for any financial aid payments, you must actually begin attendance in your classes. Before disbursing your federal aid payments, we will verify your enrollment and attendance status with the Registrar. If you receive a financial aid payment for a class or classes you have never attended, you must return that payment immediately to the college. On the other hand, if you fail to receive payment for a course you are attending, you may request an award recalculation once your enrollment records are corrected.

Withdrawals and Overpayments
If you withdraw from all your classes before you have completed at least 60% of the semester, the college must determine what portion of your federal awards you are entitled to receive according to an attendance formula prescribed in federal regulations.  If you have received, or the college has received on your behalf, more federal student aid funds than the formula allows, you will have to repay any award amount to which you were not entitled.  Learn more.

Post-withdrawal Disbursements
If you withdraw from your classes before the scheduled disbursement of your Federal Pell Grant, you may be eligible to receive a pro-rated award payment based on the number of days you attended classes up to the date you withdrew. Once you are determined eligible for a pro-rated Pell Grant disbursement, you will be issued that disbursement.

Payments for Remedial Coursework
You may receive federal award payments (including Pell Grant, FSEOG, FWS, and Direct Loans) for no more than 30 hours of non-credit remedial course work. This restriction does not apply to English as a Second Language courses.

Lifetime Limit on Receipt of Federal Pell Grant
You may receive Federal Pell Grant for no more than the equivalent of 12 full-time undergraduate semesters.

Satisfactory Academic Progress
In accordance with Federal guidelines and University policy, you must be making satisfactory progress in your program of study in order to remain eligible for federal award programs. You will be measured for satisfactory progress once each year after the spring term and notified by mail in early July if you are found not to be meeting the federal satisfactory progress standard. If you are placed on financial aid suspension due to not making satisfactory academic progress, you may regain that eligibility by filing a successful appeal. Visit the Federal Satisfactory Academic Progress page to learn more.

Summer Pell Grant Eligibility
You may receive up to 2 full-time semesters of Pell Grant in any award year. A Pell Grant may be available for summer session attendance if you haven't used all of your scheduled Pell Grant eligibility in the previous fall or spring semesters. The amount of your summer Pell Grant will be calculated from your summer session enrollment, your EFC, and the college’s records of your remaining Pell eligibility for the prior award year. Calculated summer Pell Grant estimates can be applied against tuition charges to your summer session bill. Learn more about utilizing Pell Grant in the summer sessions at the Pell Grant FAQ page.

 

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