Campus Based Aid Programs

The three programs discussed in this section are called Campus Based Aid Programs because they are administered directly by The City University of New York and the Hostos Financial Aid Office. Although each program is different, they have these characteristics in common:

·         The amount of aid you receive depends on your financial need, the amount of other aid you will be receiving, and the availability of funds at the College.
Once all program funds have been depleted, no more awards can be made from that program.

·         Each college determines its own deadlines to apply for Campus Based Aid.

·         There are no guarantees that an applicant will be granted an award, even if they can demonstrate need or if the applicant received an award previously.

 ·         Federal Supplemental Educational Opportunity Grant (FSEOG) is intended for undergraduates with exceptional need. Priority is given to students who are Pell recipients, with remaining unmet need. FSEOG does not have to be repaid. Award amounts are based on the availability of funds, per federal allocations, costs of attendance and the applicant's unmet need.

 ·         Federal Work Study (FWS) Program provides jobs for eligible undergraduate students with financial need, allowing them to earn money to help pay education related expenses. The program encourages community service work and work related to your course of study. Jobs on campus are limited, and eligibility is subject to federal allocations, cost of attendance, and the applicant's EFC. Generally, awards for eligible applicants can range from approximately $2000.00 -$4,000.00. These awards vary between applicants.

 ·         Federal Perkins Loan Important: Under federal law, the authority for schools to make new Perkins Loans ended on Sept. 30, 2017, and final disbursements were permitted through June 30, 2018. As a result, students can no longer receive Perkins Loans. A borrower who received a Perkins Loan can learn more about managing the repayment of the loan by contacting either the Business Office at (718) 518-4358.

 For more information about all Federal programs:
Student aid - Types of Federal Financial Aid