Financial Aid Programs
It's time to file the 2017-2018 FAFSA Form!! Click here for more info!
The Federal Pell Grant Program provides need-based grants to low-income first degree undergraduate students to promote access to postsecondary education. Grant amounts are dependent on: the student's expected family contribution (EFC); the cost of attendance (as determined by the institution); the student's enrollment status (full-time or part-time); and whether the student attends for a full academic year or less. Students may use their grants at any CUNY college.
In order to apply for a Pell Grant you must fill out a Free Application for Federal Student Aid (FAFSA). You can learn more about this process online at www.fafsa.gov.
2015-16 Federal Pell Grant Award Chart
*As of the 2011-2012 Academic Year, this program is no longer available
Federal SEOG is a campus-based program for which CUNY uses federal funds. To receive FSEOG you must demonstrate exceptional financial need. Priority for FSEOG is given to students who are eligible to receive a Federal Pell Grant. In addition to exceptional need you must demonstrate a willingness to assist in financing of your college education through part-time employment or student loan borrowing.
*As of the 2011-2012 Academic Year, this program is no longer available
Federal Work-Study (FWS) is campus-based federal Title IV financial aid that comes in the form of employment. FWS is applied for through the FAFSA application. To be eligible, students must enroll in a matriculated course of study and register for at least six credits. Students receive FWS funds according to the number of hours worked. The rate of pay is at least minimum wage. Students are encouraged to choose job placements with an eye towards community service and/or future vocational interests. FWS funds are limited and are awarded to students on a first come, first served basis. The earliest applications have the best possibility of receiving FWS funds. The maximum annual FWS award at CUNY is $2,500. For more information, visit the U.S. Department of Education student aid publications site.
Perkins Loan is a federal Title IV campus-based low interest loan (5%). Funds received must be repaid to Lehman College. Perkins Loans are applied for through the FAFSA application. Eligible students must enroll in a matriculated course of study, register for at least six credits and have a cumulative G.P.A. of at least 2.0. Perkins loans can be applied to direct and indirect educational costs (e.g. tuition and clothing, respectively). The Perkins Loan Program has loan cancellation provisions that encourage employment service in specific vocations. Perkins Loans have limited funding and eligibility requirements, and are awarded to students on first come first served basis. As Perkins Loans are no longer "packaged", you must visit the Financial Aid Office in order to request a Perkins Loan. The maximum annual Perkins Loan award at CUNY is $1800 ($2750 for graduate students). For more information, visit Lehman's Student Financial Services web page.
Helpful site: Student Debt Repayment Assisitant
TAP is a New York State funded tuition assistance grant. TAP is applied for through filing of a FAFSA and a CUNY TAP/APTS Application. In order to receive a TAP award, economically eligible students must be residents of New York State, have appropriate citizenship status, be matriculated at a New York state college or university and be enrolled full-time, that is, enrolled for at least 12 credits or equated credits that meet the requirements of your major. Click here for important TAP information.
In addition, TAP recipients are required to maintain satisfactory academic standards. For more information, visit the New York State Higher Education Services Corporation.
To review your TAP award status go to HESC manage TAP award.
CUSTA is a New York State funded campus-based tuition assistance grant. Like TAP, recipients are required to maintain satisfactory academic standards. CUSTA eligibility criteria are the same as those used by the New York State TAP program with the following additions. Recipients must:
Be a CUNY student,
Have received at least 4 TAP awards,
Be eligible to receive the maximum TAP award,
Be full time.
CUSTA is applied for through the filing of a FAFSA and a CUNY Supplement Form. CUSTA funds are limited and are awarded to students on first come first served basis. Therefore, the earliest applications have the best possibility of receiving CUSTA. CUSTA awards are $50.00 per semester.
APTS is a New York State funded campus-based tuition grant assistance for part-time students. APTS is applied for through the filing of a FAFSA and a CUNY Supplement Form. Eligibility criteria for APTS parallels the eligibility criteria used by the TAP Program. APTS recipients must enroll for at least six but less than twelve credits. Awards range from $20- $45 per credit.Ê For more information, visit the New York State Higher Education Services Corporation.
SEEK is a New York State funded academic support program of CUNY. SEEK's mission is to strengthen and encourage the academic development of the "educationally and economically disadvantage students" of CUNY. SEEK offers program participants counseling, specialized academic courses, tutoring and limited financial aid. Students request consideration for admission in to the SEEK Program by answering appropriate questions on the CUNY Freshman Admissions Application. Certification of eligibility for program participation is done during the immediate months prior to the first semester of a student's college attendance. Continuation of eligibility for receipt of SEEK financial aid, however, is determined annually, through the submission of a FAFSA application.
Lehman College offers Academic Scholarships to entering students with outstanding records of scholastic accomplishment. Freshmen do not need to file a separate application. Prior to admission, all entering freshmen are evaluated as potential scholarship recipients. However, transfer students must submit an application. Further information as well as applications may be obtained by contacting Scott Dames, Director of Scholarships and Awards at 718-960-8156 (Room 205, Shuster Hall).
The New York City Council Merit Scholarship rewards New York City high school graduates who have proven their ability to succeed academically while they were in high school. Awardees currently receive $800 per year ($400 per semester). Scholarship awards may vary for each academic year. There is no separate application for the scholarship. Students are automatically considered for the award when they apply for admission to CUNY.
Graduate from a New York City high school with at least an 80 College Academic Average.
Pass at least twelve college preparatory courses in high school
Attend a CUNY college before attending a non-CUNY college
Begin and maintain continuous full-time enrollment at a CUNY college within one year of graduating from high school.
Register as a full-time student each semester and maintain at least a 3.0 cumulative GPA
Maintain Satisfactory Academic Progress
Registration information for both the winter session and the regular spring term will be available during winter session registration period.
Limited Financial Aid is available for Winter session classes:
Pell Grant Only TENTATIVE INFORMATION --- For the 2017-2018 year, students with an approved Pell Grant must:
be registered and stay registered at an eligible undergraduate status in the same degree program for both Winter AND regular Spring AT THE SAME CUNY SCHOOL AND
be less than 12 credits for the regular Spring; there is no increase in Pell if the student is already full time for regular Spring.
Alternative Loans are education loans that are based on the credit worthiness of the student and/or co-signer(s). Many banks, credit unions, and savings and loan corporations offer these loan products. Alternative loans tend to have higher interest rates than do the Title IV federal loans (i.e., Direct Loan). Most alternative loans require an enrollment status of at least six credits. As with the Title IV federal loans, alternative loan repayment usually begins six months after a student graduates or enroll for less than six credits. The loan accrues interest while the student is attending college. Lehman College views alternative loans as an educational funding source for international students, non-matriculated students and other students who are not eligible for Title IV federal loans. Private (Alternative) loans should be considered only as a "last resort" after exhausting all Federal financial aid options.
The HOPE Scholarship tax credit attempts to make the first two years of college more affordable. Students receive a 100% tax credit for the first $1,000 paid for tuition and fees minus grants, scholarships, and other tax-free educational assistance. This credit is phased out for joint filers who have an adjusted gross income between $80,000 and $100,000, and for single filers who have an adjusted gross income between $40,000 and $50,000. Students who are in their first two years of college and enrolled on at least a half-time basis in a degree or certificate program can claim the credit for two years. The taxpayer can claim a credit for his own, his or her spouse's or dependent childrens' tuition expenses. For more information, click here.
College juniors, seniors and graduate school students, as well as adults, who go back to school to change careers or upgrade their job skills, can utilize this tax credit. A family can receive a 20% tax credit for the first $5,000 of tuition and required fees minus grants, scholarships, and other tax-free educational assistance each year through 2002. It rises to 20% of $10,000 after year 2002. The maximum credit is determined on a per-family basis, regardless of the number of post-secondary students in the family. It is phased out for joint filers who have between $80,000 and $100,000 of adjusted gross income, and for single filers who have between $40,000 and $50,000 of adjusted gross income. The taxpayer can claim a credit for his own, his or her spouse's or dependent children's tuition expenses. It is possible, because of the class year of family various members, for a family to receive both Lifetime Learning and HOPE Scholarship tax credits the same year. For more information, click here.
The CUNYCAP Program offers its participants 6 credits of CUNY graduate tuition assistance per semester plus 600 hours of work per academic year. CUNYCAP participants can choose placements from a variety of college and high school settings. Students who fail to complete the minimum work obligation of 15 hours per week or 225-hour minimum per semester have their tuition waivers cancelled and become responsible for the full amount of tuition. Any student who has received a bachelor's degree from a CUNY college and is enrolled in or accepted into a CUNY graduate program of study is eligible for participation in the Program. Students who attend non-CUNY graduate schools may participate in the program, but they are not eligible for tuition reimbursement. For information regarding CUNYCAP, contact Nancy Cintron at 718-960-8366.
The US Department of Veterans Affairs and the New York State Higher Education Services Corporation administer a variety of financial educational programs for veterans, reservists, National Guard persons, and their widows and orphans. For information regarding federal veterans educational benefits call 1-888-442-4551 or visit the GI Bill.
Information regarding the New York State Higher Education Services Corporation family of veterans educational benefits can be obtained by calling 1-888-697-4372 or by visiting the New York State Higher Education Services Corporation.
Lehman College's Veterans Advisor, Barbara Thompson, is located in Shuster Hall, Room 201A (718-960-7188).
The National Institutes of Health MARC Honors Undergraduate Research Training Awards are designed to increase the number of well-prepared minority students who can successfully compete for entry into doctoral biomedical research programs. Student assistance is in the form of tuition, fees and stipend. For further information please contact Professor Joseph Rachlin in Shuster Hall, room 302 (718-960-8764) or click here for more information.
The New York State Education Department offers scholarships to New York State residents who are enrolled members of a New York State Native American tribe. Awards range up to $2,000 per year for full-time study (or $85 per credit part-time) and are, depending on the program, renewable. For more information, visit NY State Native American Scholarship Aid.
Federal government Native American scholarship assistance is offered through the Bureau of Indian Affairs Higher Education Grant Program. Awardees must:
Be a member of, or a one-quarter degree blood descendent of a current member of a tribe registered with the Bureau of Indian Affairs American Indian,
Be accepted for admission to a nationally accredited institution of higher education which provides a course of study conferring the Associate of Arts or Bachelor's degree and have
Demonstrated financial need as determined by a college financial aid officer.
For additional information regarding financial aid for Native Americans, visit the American Indian Education Foundation website.
Formerly known as VISTA , Americorps is a national network of hundreds of local community service programs. Americorps' purpose is to encourage American citizens to volunteer their time and energy towards solving continuing and/or emerging challenges to their local communities in the areas of education, public safety, human needs, and the environment. Americorps participants promise to volunteer one year of community service. In return, they receive a modest living allowance. Volunteers, at the end of their service, are eligible to receive an education award of $4725. Part-time participants are eligible to receive a partial award. This award can be used to help pay for a variety of college expenses such as tuition, fees. It can also be used to repay outstanding student loan balances. For more information visit the Americorps.
Lehman Students can consult their departmental and/or program advisors for information on scholarships specific to their field of study. Timely scholarship information can be found on the bulletin boards for the Office of Testing, Scholarships and Awards (Shuster Hall, Room 205; 718-960-8156). The following offices can also be consulted:
Career Services: Shuster Hall, Room 254 (718-960-8366)
Reference Desk: Lehman Library, 1st floor (718-960-8580)
In addition, Lehman College routinely reviews its incoming and continuing students with regard to eligibility for a number of Lehman scholarships and grants. Consideration for these scholarships and grants does not require an application. Awardees are individually contacted.
Studying overseas can be a enriching, life changing experience. Financing that experience, however, necessitates following a straight forward but detailed process. Follow the steps below:
Research CUNY’s International Education Programs: http://www.cuny.edu/academics/programs/international/view.html.
Speak with your major’s Departmental Advisors and/or an advisor from the Office Academic Standards and Evaluation (Shuster Hall, Room 280). Your overseas studies course(s) must count toward your degree.
Select the program that you would like to participate in. Apply for acceptance into the study abroad program of your choice. Prioritize the process so as to comply with all deadlines.
Get the permission of the Office of Undergraduate Studies and Study Abroad Programs to allow your intended abroad course(s) to transfer back to Lehman College. The Office of Undergraduate Studies and Study Abroad Programs is located in Carman Hall, Room 337; telephone # 718-960-8345.
Visit the Financial Aid Office and speak with a financial aid officer regarding financing options.
If not already done, complete the Federal Direct Student Loan Entrance Counseling and sign a Direct Loan Master Promissory Note at www.studentloans.gov. Most students Lehman College students finance their study abroad experience via the Federal Direct Student Loan program. If you need to borrow, go to http://www.lehman.edu/vpstud/finaid/aid_fdl_apply.html and follow the instructions.
Apply for a STOCS Study/Travel Opportunities scholarship. Click here for the application.
Research other financial aid options. Students (US Citizens, Permanents residents, refugees and Asylees) who are participating in CUNY sponsored International Education Programs are eligible to apply for US Department of Education Title IV funding. CUNY “Exchange Program” students are also eligible to apply for funding from the TAP Program.
Additional study abroad funding may be found at the following sites:
To apply for aid as a Non-New York State resident, complete the Free Application for Federal Student Aid (FAFSA) and, if desired, the Lehman College Request for a Direct Student Loan form (available here or in Shuster Rm. 136).
The following states (along with the District of Columbia) make grant amounts available to students who are residents attending school in any state. For information on financial aid grants from these states, please contact your state’s Department of Higher Education. Further information is available on the following websites:
Many public and private organizations award scholarship money. Take some time to research the available financial aid resources and request all applications as soon as possible. Some aid is packaged on a first-come, first-served basis; procrastination will hurt your effort. Also keep in mind that most scholarship agencies take into account your cost of attendance and financial need prior to the awarding of aid. Therefore, file your FAFSA early.
High school college advisors and local libraries are also good sources of scholarship information. Before you begin your search for additional scholarships, heed a word of caution. Many organizations will, for a fee, promise to simplify and speed up your scholarship search by doing the search for you. Some of these organizations are legitimate and honest. However, some of these organizations are not. Beware of any scholarship search organization that guarantees scholarship money. For more information regarding scholarship search scams, visit the Federal Trade Commission.
The Internet is an excellent source of information on all types of student financial aid. FastWeb, the Internet's largest financial aid search engine. Other informative Internet financial aid websites and/or search engines are the following:
BlackExcel (visit regardless of your ethnicity)