Frequently Asked Questions
- What is Financial Aid?
- I probably don’t qualify for aid. Should I apply anyway?
- How do I apply for Financial Aid and what do I need when applying?
- Can part-time students receive aid?
- Can I manage my Financial Aid online?
- I have filed my FAFSA but circumstances have changed. What do I do?
- What is an independent student?
- What are Subsidized and Unsubsidized Loans?
- Are there loans parents can apply for?
- Where do I find information about other scholarships and resources I could apply for?
- Does Morrisville offer a payment plan?
- What is work study?
- What is verification?
- Do I have to renew my financial aid application every year?
- How soon can I fill out the FAFSA?
- Does my FAFSA application cover both my PELL and TAP?
Yes. If you don’t fill out the Free Application for Student Aid (FAFSA), you could be missing out on a lot of financial aid! We’ve heard a number of reasons students think they shouldn’t complete the FAFSA. Here are a few:
“I (or my parents) make too much money, so I won’t qualify for aid.”
“Only students with good grades get financial aid.”
“The FAFSA is too hard to fill out.”
“I’m too old to qualify for financial aid.”
If you think any of these statements apply to you, then you should read “Myths About Financial Aid.” The reality is, EVERYONE should fill out the FAFSA!
Completing the FAFSA is the first step toward getting federal aid for college. The FAFSA application is free and quick, and it gives you access to the largest source of financial aid. When completing online, there are detailed instructions for every question, and the form walks you through step by step, asking only the questions that apply to you. If you need help, you can access real-time, private online chat with a customer service representative.
- Students and Parents (of dependent students) will need an FSA ID and Password to login and complete the application. Go to www.fsaid.ed.gov to register for your ID.
- Once you have your FSA ID and password you can start the application process by going to www.fafsa.ed.gov.
You will need tax information and W-2 statements from the prior year.
Yes. There is an additional application that can be completed.
Yes. Morrisville allows you to perform most of the Financial Aid process online using the Web for Students.
Notify the Financial Aid Office immediately. You may need to complete a Special Conditions Form (found on our website).
What is an independent student?
According to the Federal Government you must meet at least one of the following:
- 24 years of age
- Active military or Veteran
- Dependent(s) that you support
- Orphan/Ward of the Court/Foster care
Click here to help determine your dependency status.
Subsidized Loans – The government pays the interest while you are enrolled.
Unsubsidized Loans – These loans accrue interest when the loan is disbursed.
For both repayment begins 6 months after no longer being enrolled or graduated.
Yes. In addition to student loans, the Federal Government provides the Parent Loan for Undergraduate Students (PLUS), which is subject to credit approval each year.
Where do I find information about other scholarships and resources I could apply for?
-Admissions Office -Financial Aid Office
Or by visiting the following: www.morrisville.edu/financial_aid/awards.aspx
Yes. For more information contact the Student Accounts Office at 315-684-6069 or visit http://www.morrisville.edu/studentaccounts/payonline.aspx
What is work study?
Work Study is a Federal program that allows the student to work 8 hours per week on campus; earnings do not go toward the bill. The FAFSA is used to determine eligibility.
What is verification?
The federal government randomly selects FAFSA applications to be reviewed for accuracy. You will receive notification if you need to provide documents to the Financial Aid office. You may also see this in outstanding requirements located in your Web for Students account.
Do I have to renew my financial aid application every year?
Yes. If you would like Financial Aid you are required to complete a FAFSA each year.
Any time after January 1st; it is best to have your taxes filed first. However you do have the option to use estimated income.
The FAFSA application does calculate your federal PELL Grant eligibility if you qualify. The completion of your FAFSA will direct you to a NYS TAP application if you are a New York State resident.