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Within five calendar days from the scheduled session start date. For example, the Standard Repayment Plan has a maximum period of 10 years, and the Income Driven Payment Plans may have a maximum period of 25 years. Students are responsible for filing the correct application. Students must complete the 2022-2023 FAFSA and TAP applications before completing the Excelsior Scholarship application online at www.hesc.ny.gov. For example, if you complete 20% of the semester, you have earned 20% of your Title IV aid. If your question does not get a response, please check for typing errors or try asking using different words. The Form 1098-T, Tuition Statement, is issued to help determine if students or their parents are eligible to claim tax credits under the Tax Relief Act of 1997. Check out these tools to help you track your financial aid and manage your finances. Therefore, the student is not working toward a degree. Overdue fines, accumulated to the date reported, and replacement costs of the materials, plus a $5 processing charge. Students enrolled in both Session I & Session II and are not full-time in Session I will receive their Pell grant disbursement after Verification of Enrollment and attendance in Session II. Schools require transfer students to send their and their parents (and spouses, if applicable) W-2 forms, Federal income tax returns, and supplemental material (e.g. Student fees are paid each semester and are not refundable. Swarthmore and UPenn have these). Students who remain enrolled beyond the 60% point of the term are considered to have earned all their aid and do not have to return any Title IV funds. -Notify your colleges financial aid office of any private scholarships or funding you will be receiving. The Next Big Thing in laguardia financial aid office In the current economy, they are looking for ways to help out. Be a United States citizen or eligible non-citizen, Study full time (at least 12 credits per semester) at an approved postsecondary institution in New York State, Have graduated from a U.S. high school, or have a GED, or have passed a federally-approved exam Ability-to-Benefit (ATB), Be matriculated in an approved program of study and be in good academic standing, Be charged at least $200 tuition per year, Not be in default on a student loan guaranteed by HESC and not be in default on any repayment of state awards, If dependent, have a NYS net income below $80,000, If independent, have a NYS net income below $10,000. Students may enroll full-time in the twelve week session or have the option to take a combination of courses in both the twelve week and six week session.