Student Financial Services

The federal government is the largest source of financial aid. Financial aid from the federal governments includes grants, loans, and work study funding.

• Make sure the student and parent both have set up a federal student aid (FSA) ID online at: https://studentaid.gov/fsa-id/create-account/launch
• Have the student and parents federal taxes from two years ago handy.
• Submit your Free Application for Federal Student Aid (FAFSA) including SUNY Purchase College ( school code: 006791).
• FAFSA applications normally process within 2-3 business days and are sent to each college listed.
• A valid FAFSA record must be received prior to the last day of attendance by the student. In other words, Student Financial Services needs a valid FAFSA record either by the official last day/end of classes for the term or by the student’s own end of attendance (if they left before the final day), whichever happens first.

Completing the FAFSA online

The types of financial aid available vary from state to state and can include scholarships, grants, and loans. States establish the eligibility criteria for their aid programs. A common criterion is state residency. Below are the applications for New York State Residents:

1. NYS Tuition Assistance Program (TAP) Our school code is 0970 and we are listed as SUC at Purchase.
   • Completing a FAFSA generates an express TAP application that you can complete at: https://www.tap.hesc.ny.gov/totw/
2. NYS Excelsior Scholarship program
3. NYS DREAM ACT

Many college’s offer institutional aid generally award it at their discretion. Purchase College does award scholarship funding. There is no separate application, and students are reviewed upon admittance for scholarship funding. Details can be found on our Institutional Scholarship webpage.

A final source of financial aid is private aid, available from individuals or groups such as community or civic organizations, associations, clubs, churches, foundations, and businesses. Private aid donors often develop their own application and eligibility criteria and procedures.