How do I apply for financial aid?
Do you have all of the paperwork required to process my financial aid?
When will my student loan funds be disbursed?
What will happen to my financial aid if I drop a class?
If you drop classes during the first three weeks of the semester (the add/drop period) you will lose the financial aid that was awarded for those credit hours in full. For example a full-time student that has a Pell grant would lose 50% of their funding if they dropped to ½ time enrollment during this period. Students that drop below 6 credit hours during this period will lose their student loan funds in full. If funds were disbursed to you they may need to be repaid to the College.Credit hours are locked and financial aid is based on the number of credit hours that a student is registered for on the 1st day of the fourth week of the semester. If you withdraw from a class after that it may or may not have an impact on your current financial aid. Assuming you attended all of your classes, if after the withdrawal you are still enrolled at least half-time (6 or more credit hours) there will be no effect on your current financial aid; drop below half-time and any future loan disbursements will be cancelled.
What will happen to my financial aid if I drop all of my classes?
If you withdraw from all of your classes during the first 3 weeks of the semester (the drop-add period) you will lose 100% of your funding. If funds were disbursed to you they will need to repaid to the College. Full withdrawal from classes after the first three weeks of the semester will require a proration of your financial aid based on the percentage of the semester that you have attended. Prior to the 60th percent point in the semester some of your financial aid will be required to be returned to the federal programs and you will incur a bill owed to the College. Once you have attended 60% of the semester you have earned your financial aid for that time period.
Why was I chosen for verification?
Am I required to attend classes?
What is the 150% rule?
My parent’s are separated, which parent do I file for financial aid with?
I don’t live with my parents and they don’t claim me on their taxes, why do I have to apply with their information on my application?
I am an independent student that has lost my job. Why is my financial aid based on my income from last year?
What is the school code for SUNY Broome?
SUNY Broome’s federal school code, used for completing the FAFSA, is 002862.Our NY State TAP school code is 2025.