Financial Aid  
 


FAQ
|Scholarships|Federal Direct Student Loans|TAP

Thank you for your interest in the Westchester Graduate Campus of Long Island University. In order to assist you in financing your education, the Admissions Office has assembled an information packet that will help you navigate the financial aid process. If you would like an information packet mailed to you, please e-mail us .

You may also download and print a pdf file of one of our flyers by clicking on the link.
Financial Aid Facts
Financial Aid and Scholarships Frequently Asked Questions
Scholarship and Grant Opportunities

We in the Admissions Office are available to assist you with any financial aid inquiries you may have. In addition, a Financial Aid Resource Book is located at the reception desk on our Campus. This book contains useful information about loan forgiveness programs, scholarships and deadlines. If you have any questions or need additional information, please contact us by e-mail at lisa.dorado@liu.edu or Roseann.isaac@liu.edu or by phone at 1-800-GRAD-LIU. We hope that you will find this section informative and helpful.

Sincerely,

Lisa Dorado and Roseann Isaac
Admissions and Student Services

Financial Aid Frequently Asked Questions

How do I apply for financial aid?
The Free Application for Federal Student Aid (FAFSA) or the Renewal Free Application for Federal Student Aid (Renewal FAFSA) is the only application required to apply for most of the federal and state financial aid programs. Students fill out the FAFSA application on-line at www.fafsa.ed.gov. About two weeks after applying, students will receive a Student Aid Report (SAR) in the mail. If an e-mail address was provided, in about five days, students will receive an e-mail containing a link to his or her SAR to review. Students must read the data on the SAR, check the information for accuracy and follow all the instructions.

What types of loans are available to graduate students?
There are two types of Ford (formally called Stafford) Federal Direct Loans available to graduate students. If a student demonstrates sufficient financial need, he or she can qualify for a Subsidized Federal Direct Loan. The federal government pays the interest on this subsidized loan while the student is attending school. If financial need cannot be established, a student may still qualify for an Unsubsidized Federal Direct Loan loan. If borrowing through an unsubsidized loan, a student must pay all interest while he or she is attending school or may choose to capitalize the interest and repay it, along with the principal, after leaving school.
Details on both these awards can be found in the WGC flyer “Financial Aid Facts.” This flyer is available at our Admissions Office or can be downloaded from our Web site.

What is the Westchester Graduate Campus (WGC) School Code that I need to use for my FAFSA application?
All WGC students should enter the School Code (002751).

How often must I apply for financial aid?
Students must complete a FAFSA or Renewal FAFSA every year. If students need to adjust the amount of a loan or plan to attend Summer Session, a “Request to Decline or Adjust a Loan” form must be submitted. This form is available at the admissions office.

Is there a date that I need to submit my FAFSA application by?
Yes, these deadlines are posted on the FAFSA Web site: www.fafsa.ed.gov.

When is the financial aid application process complete?
The financial aid application process is complete when the results of a FAFSA or Renewal FAFSA are electronically sent to LIU. If a student has been randomly selected for FAFSA verification, he or she is required to submit additional information and documentation to the Office of Student Financial Services. The request for additional information is indicated in the comment section of the Student Aid Report (SAR.) All documentation and information must be received by the Office of Student Financial Services in order for the financial application process to be considered complete.

Students enrolled in all graduate programs at WGC, except Library and Information Science, should mail all verification information and documentation directly to the Office of Student Financial Services, Brooklyn Campus, Long Island University, 1 University Plaza, Brooklyn, NY 11201-8423. WGC students enrolled in the Library and Information Science program should mail all verification information and documentation directly to the Office of Student Financial Services, C.W. Post Campus, 720 Northern Boulevard, Brookville, NY 11548-1300.

How many credits must I take to be eligible for financial aid?
A student must be accepted as a matriculant and must register for 6 or more credits to be eligible for a Federal Direct Loan. Some financial aid programs, such as TAP, require students enroll for 12 credits per term. If registration falls below this standard, an award may be canceled.


Can I receive a Federal Direct Loan if I am a Non-Degree or Advanced Certificate Student?
Students in Advanced Certificate programs are eligible. Students who are Non-Degree are not eligible.


When do I begin repaying my loan?
A six month “grace period” is granted after students graduate, leave school, or drop below half-time enrollment. After this grace period, students need to begin repaying their loans. Students who borrowed Direct Subsidized Loans, won't be charged interest during the grace period. Students who borrowed Direct Unsubsidized Loans will be responsible for paying the interest charged during the grace period. The “repayment period” begins the day after the grace period ends. Students are required to make the first payment within 60 days after the repayment period begins. Students may prepay all or part of the unpaid balance on any Federal Direct Loan at any time without penalty.

What is the interest rate on Direct Student Loans?
The interest rate for both Subsidized and Unsubsidized Federal Direct Loans is variable and is adjusted each year on July 1. The interest rate during the in-school, grace, and deferment periods is equal to the 91-day Treasury bill rate plus 3.1 percentage points. By law, the interest rate can never exceed 8.25 percent.

Who can I contact if I need more information about financial aid or scholarships?
Students can e-mail the Admissions Office of the Westchester Graduate Campus at westchester@liu.edu or phone the office at 1-800-GRAD-LIU and speak with Ms. Lisa Dorado or Roseann Isaac.


Scholarships

All Scholarships
The Westchester Graduate Campus (WGC) offers our degree program students many scholarships. All of the Westchester Graduate Campus of Long Island University scholarships require acceptance into a degree program. Scholarship commitments will be honored for three years from the date of the award and apply only to classes taken at the Westchester Graduate Campus. Students may take courses at their own pace at the Westchester Campus. Except for the RAF scholarship, there is no minimum number of credits which must be taken each semester, nor are recipients required to attend every session in order to maintain their scholarships. For details and conditions of our scholarships please consult the WGC Graduate Bulletin.

To be eligible for a scholarship,
students must fill out a FAFSA application online at www.fafsa.ed.gov. If a student only wants to be eligible for a scholarship, and would like to decline the loan amount awarded, she or he must complete a Request to Adjust or Decline a Loan form. Forms are available at the Campus reception desk. Only one University-funded grant or scholarship can be issued per person. Scholarships are only applicable to courses offered at the Westchester Graduate Campus.

Westchester Graduate Campus Scholarships:


Three Types of Credit Bank Scholarships
Our three Credit Bank Scholarship awards are based on previous undergraduate academic performance, rather than financial need. When a student applies, his/her application will be reviewed automatically to determine eligibility for any of our Credit Bank Scholarships and the student will be notified by mail of any award that is being made.

Merit Scholarship
If awarded a Merit Scholarship, tuition charges are waived for a total of six graduate credits. A 3.5 cumulative index of all undergraduate studies is required. The waiver is applied at the rate of one credit for each three credit course taken. A maximum of two scholarship credits can be applied each semester.

Incentive Scholarship
If awarded an Incentive Scholarship, tuition charges will be waived for a total of four graduate credits. A 3.3 cumulative index of all undergraduate studies is required. Previous graduate work may not be considered. The waiver is applied at the rate of one credit for each three credit course taken. A maximum of two scholarship credits can be applied each semester.

Graduate Scholarship
If awarded a Graduate Scholarship, tuition charges will be waived for a total of two graduate credits. A 3.2 cumulative index of all undergraduate studies is required. The waiver is applied at the rate of one credit for each three credit course taken.

Dominican Alumni & Concordia Alumni Scholarship
A Dominican or Concordia graduate with a cumulative grade point average of 3.0 or higher may be eligible for The Dominican Alumni Scholarship or The Concordia Alumni Scholarship. The student must meet admissions criteria and be accepted into a degree program. This scholarship offers a one-third reduction in tuition for the full length of the student's program.

Purchase Community Scholarship
This scholarship provides a twenty-five per cent reduction in tuition for graduates who have received their undergraduate degree from colleges located in Purchase, N.Y., including but not limited to Purchase College/State University of New York. Students must meet admissions criteria. This is a twenty-five per cent reduction in tuition for the full length of the student's program.

Recommend-A-Friend (RAF)
A current student who is matriculated in a Westchester Graduate Campus degree program may be eligible to receive a RAF scholarship if he or she refers a new student to the Westchester Graduate Campus. The referred student is required to enroll as a matriculated student in a Westchester Graduate Campus degree program and complete his or her first six graduate credits with a grade of B or better. One RAF scholarship consists of three graduate tuition credits to be taken at the Westchester Graduate Campus. There is no limit to the number of nominees a current student can recommend or the number of RAF scholarships a student may be eligible to receive.

Westchester County Employee Scholarship
This scholarship provides for a one-third tuition scholarship for all graduate programs at the Westchester Graduate Campus. To be eligible a student must be a Westchester County employee, meet regular admissions requirements, and provide proof of employment by Westchester County every semester. Entry awards are also available for spouses and dependent children of County employees. The entry award provides a one-third tuition scholarship for the first six credits only.

City of Yonkers Employee Scholarship
This scholarship provides for a twenty-five percent tuition reduction for all master's degree programs at the Westchester Graduate Campus. To be eligible a student must be a City of Yonkers, NY employee, meet regular admissions requirements, and provide proof of employment by the City of Yonkers, NY for each semester during which he or she is receiving the scholarship benefit.

Bilingual Extension Certificate Tuition Scholarships
If you are a teacher in a Bilingual or Dual Language Program in a NYS public school and do not currently hold a Bilingual Extension Certificate; you may be eligible for the Intensive Teacher Institute (ITI) stipend, sponsored by the NYS Education Department. The Westchester Graduate Campus of Long Island University has an agreement through ITI, to cover tuition for eligible candidates for a 12-credit Bilingual Extension. Candidates for the ITI subsidy must apply along with their school district and agree to continue teaching in the Bilingual Program for at least one year after earning the certificate.

Qualified applicants must apply one month prior to the start of the semester. To apply contact Jody Sperling, Eastern Suffolk BOCES-ITI, 350 Martha Avenue, Rm. 113A, Bellport, NY 11713, phone (631)286-6748 or e-mail jsperlin@esboces.org. On the application indicate that your university selection is the Westchester Graduate Campus of Long Island University. Contact Prof. Helaine Marshall for the Westchester Graduate Campus ITI class schedule, or e-mail her at helaine.marshall@liu.edu.


Advanced Certification Scholarship for Westchester Public School Teachers
A full-time, certified classroom teacher from a Westchester County public school who holds a master's degree and wishes to acquire a new area of certification will receive a 25% tuition reduction for every credit earned toward that certificate at the Westchester Graduate Campus. A candidate for this tuition reduction must be recommended by either his/her building principal or district superintendent, must begin the program by September, 2007 and complete it by September, 2009. This tuition reduction is available only for one Advanced Certificate in teaching.

Career Ladder Scholarship for Teacher Education
This scholarship is designed to support the efforts of those paraprofessionals and teaching assistants in the New Rochelle, Yonkers and White Plains , New York School Districts who already hold bachelor's degrees and want to become certified teachers. The Westchester Graduate Campus of Long Island University offers a 25% tuition discount for qualified paraprofessionals and teaching assistants who are matriculated into master's degree programs at the Westchester Campus that lead to teacher certification. Individuals receiving this scholarship must remain in the employ of one of the three named districts in order to retain the scholarship. To be eligible for this opportunity, the paraprofessionals or teaching assistant must be recommended by either a building principal/head, must begin the program by September, 2007 and complete it by September, 2010.

Independent School Teacher Scholarship
This scholarship provides a 25% tuition reduction for a nine credit block of teacher education graduate credits in literacy, special education, early childhood or ESL. Teachers, paraprofessionals and teaching assistants employed in independent (private or religious) schools in Fairfield, CT., Westchester and Bronx , NY counties who wish to pursue graduate study are eligible. To be eligible for this opportunity, the teacher, paraprofessional or teaching assistant must be recommended by either a building principal/head, must begin the program by September 2007 and complete it by August, 2009.

Federal Direct Student Loan and Loan Forgiveness Programs

● Federal Direct Student Loan Program
New York State residents and residents of other states are eligible for loans guaranteed by New York State. U.S. citizenship or permanent resident status is required. Matriculated students registering for at least six credits per semester are eligible to apply for the Federal Direct Student Loan Program. Repayment begins six months after graduation or termination of at least half-time studies. Students can apply on-line by completing the FAFSA application at www.fafsa.ed.gov.

Federal Ford Loans may be subsidized or unsubsidized. When a loan is subsidized, the Federal Government will pay the interest on the loan while the student is in school. The borrower has to demonstrate financial need in order to qualify for this type of loan. The Financial Aid Office determines this status. If a student does not qualify for a subsidized Loan, he/she may apply for the unsubsidized Ford (formerly Stafford) Loan. It offers the same terms and conditions as the subsidized loan, except that the borrower is responsible for paying the interest that accrues while he or she is in school.

For each academic year, a graduate student may borrow up to the annual limit of $18,500. ($8,500 is the maximum amount for the subsidized loan, $10,000 for the unsubsidized loan.)

Students who are taking fewer than six credits will not be allowed any portion of the loan, which must be returned to the lending institution. Westchester Graduate Campus students receiving aid through any of the federal programs receive verification of their eligibility for this loan from the Brooklyn or C.W. Post Financial Aid Office.

Students receiving this financial aid assistance are required to meet standards of satisfactory progress toward their degree objective. Nine credits per major (fall or spring) semester is considered full-time for financial aid purposes, except for TAP consideration which requires the student to register for 12 credits per semester.

● Federal Loan Forgiveness Programs
There are federal loan forgiveness programs for which students pursuing initial teacher certification may be eligible. Generally, these programs forgive a percentage of the outstanding federal loan balance for each year of teaching in a high-need district. For more specific information, check the Web sites at: http://www.nslp.org and http://www.tgslc.org/borrowers/teachers/overview.cfm.

You may qualify for $5,000 to $17,500 in loan forgiveness if you have:

1 – Been a full-time teacher for at least five complete, consecutive academic years with at least one year of teaching after the 1997-98 academic year.
2 – Received the loan to be forgiven before completing your final year of qualifying teaching service.
3 – Borrowed your outstanding loan(s) on or after October 1, 1998, and had no outstanding balance on FFELP or Federal Direct Loans received before October 1, 1998.
4 – Been teaching at an elementary or secondary school listed in the Annual Directory of Designated Low-Income Schools for Teacher Cancellation Benefit.  The directory is in the “Repaying” section of the U.S. Department of Education’s website at http://studentaid.ed.gov.  
5 – Made satisfactory repayment arrangements on your defaulted student loans with your lender to re-establish your eligibility for Title IV student financial assistance.
6 – Not received a benefit for the same teaching service under the AmeriCorps program of Subtitle D of Title I of the National and Community Service Act of 1990.

State Assistance Tuition Program (TAP)

TAP is available to full-time graduate students who are U.S. citizens or permanent residents and who have been New York State residents for at least one year. TAP requires a student to register for 12 credits per semester. Awards are based on the net taxable New York State income of the previous fiscal year. Recipients of TAP funding are subject to regulations governing satisfactory academic progress and degree pursuit.


The Westchester Graduate Campus of Long Island University
735 Anderson Hill Road, Purchase, NY 10577
Phone: 1-800-GRAD-LIU
E-mail: westchester@liu.edu