NYS Grants and Scholarships

Update

NYS Budget Changes

Tuition Assistance Program (TAP)

TAP remains essentially unchanged:• Maintains current TAP award calculations for

students attempting 12 or more credits.• Maintains current academic standards.• Maintains income adjustments for students

with multiple family members in college.• Maintains funding for graduate students.

Tuition Assistance Program (TAP)

The budget does, however, include one TAP change:• A requirement that income from New York

State, Federal and local government pensions be included when determining TAP eligibility and for purposes of calculating the TAP award, consistent with the requirement for private pension income.

Scholarships and Loan Forgiveness

Establishes Flight 3407 Memorial Scholarship Program, which benefits the children, spouses and financial dependents of those who perished in the crash of Continental Airlines Flight 3407 in Clarence, NY on February 12, 2009.

Expands the District Attorney Loan Forgiveness Program to include legal services attorneys who work with the indigent.

As with the 2008 budget, all scholarship appropriations continue to be reduced by two percent.

Scholarships and Loan Forgiveness

Regents Health Care and Professional Opportunity scholarships sunset. As such, students who were previously awarded these scholarships will continue to be paid. No new scholarships will be awarded.

Volunteer Recruitment Services Scholarship (VRSS) budget agreement provides for payments to students who were awarded the VRSS in 2008 and earlier. The budget provided no additional money for new recipients.

2009-10 Processing

An update

2009-10 Application Processing

186,000 applications processed as of April 1, 2009 20,000 more applications processed for 2009-10 than this time last

year 2008-09 processing was up 30,000 over 2007-08

Application Type by percentage: ETA 15 FAFSA Direct 28 Renewal Process 30 ATOTW 27

E-mails sent to date:

2008-09: over 1 Million 2009-10: 16,000

Note: 2007-08 Academic Year Close Out June 15, 2009

Program Changes

Part time programs Leaders of Tomorrow Scholarship College

Accounting changes Application deadline Post 9-11 G.I. Bill: Impact on NYS Programs

Part-time TAP/VA Certification Changes Effective Feb 2009

Actual tuition required in all cases

Complete instructions in:– Programs, Policies, and Procedures: Guide to Grants and

Scholarships Programs Appendices L and M

Refer to Financial Aid Services Bulletin 2009-001– HESC Process Recalculated Part-time TAP and Part-time

Veterans Tuition Awards

Leaders of Tomorrow (LOT) Scholarship

College Accounting changes Email sent February 25, 2009

– HESC recently changed the format of the Leaders of Tomorrow (LOT) term Payment Accounting Report (HE8537) and LOT Summary Payment Accounting Report (HE8539) to provide easier accounting and reconciliation for schools with students receiving both LOT and TAP payments. Each report now distinguishes LOT and TAP transactions, effective with the college accounting run on February 20, 2009. All other accounting documents remain unchanged.

Changes include:– Separate columns itemizing LOT and TAP transactions– Itemization of the LOT and TAP amounts comprising refund

when they are due

Proposed Application Deadline Change

New Regulation would make TAP application deadline the same as FAFSA deadline (June 30)

To commence in the academic year the regulation is finalized

New Post 9-11 G.I. Bill (Chapter 33)

Includes full/partial (depending on length of service) public tuition component paid to school

Duplicates TAP/NYS Veterans Tuition awards

System Enhancement

Plans for the future Scholarship Data Repository: secure area to allow

for combined inquiry into Consolidated Scholarship Roster (CSR) data and regular TAP data

New (optional and not replacing traditional) Student Status Listing: including mainframe data (TAP) also CSR data

QUESTIONS ??