Financial Aid

Applying for Financial Aid

Why should you file the FAFSA?

Many scholarship organizations will not consider you for scholarship unless you have filed a FAFSA. Regardless of whether or not you feel you will receive government funding, the FAFSA is a valuable way to maximize your potential for aid.

The FAFSA will determine what federal aid you'll qualify for; it's important to use any federal aid you receive. Always use available grant and scholarship aid before applying for a loan. When considering loan options, remember to use your federal aid before applying for private loans. Federal loans usually have lower fixed interest rates and more flexible repayment options than private loans. For more information, visit the US Department of Education's Federal Aid First website.

Financial Aid is available to almost everyone. Last year, about 94% of the freshmen class received some form of financial aid. Financial Aid packages vary from person to person, but the most common types of programs are grants, scholarships, federal work-study, and student loans.

Getting Started

Step 1: FAFSA 4caster (www.fafsa4caster.ed.gov)
This tool allows you to estimate your Expected Family Contribution number, or EFC. Your EFC is what determines the types of awards and award amounts that you are eligible to receive. We also use your EFC number to calculate MSMC need-based grants and scholarships. This is an estimating tool only. 

Step 2: FAFSA Website
This is the official application website. A FAFSA is required to award you federal and institutional need-based aid.

Fill out the FAFSA form online: www.fafsa.ed.gov
Our FAFSA priority deadline for freshmen is February 15. Regular deadline is March 1.
Our Title IV School Code: 002778
Our NYS TAP Code: 2110 

You may complete your FAFSA anytime after January 1, 2014 for fall consideration. February 14, 2014 is our date of first priority freshmen awarding for most programs. Returning students should file the Renewal FAFSA no later than April 15. 

Step 3: State Grant Website (www.hesc.org)
At the end of your FAFSA application, you'll see a link to your state grant website. If you are a New York State resident, clicking on the link will bring you to the New York State Higher Education Services website, where you can complete your Tuition Assistance Program application for a state grant. 

You'll get an email from the US Department of Education about 72 hours after you submit the FAFSA.

If your comments page indicates that you were selected for verification (and at least 30% of all students are selected), you can download your verification worksheets from the Forms You May Need tab..

Contact Financial Aid
finaid@msmc.edu
Phone: 845-569-3700

Fax: 845-569-3302

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FINANCIAL AID

Main phone: 845-569-3700

Fax: 845-569-3302
email: finaid@msmc.edu