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A :The electronic Free Application for Financial Aid (FAFSA) or the Renewal FAFSA is the only application required to apply for most of the federal and state financial aid programs.
The New York State TAP program requires its own application.
Please click the link below for more information.
Federal Aid
TAP
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A :Once the University receives a FAFSA that is complete, a letter is generated to students either offering financial aid or requesting additional information. This generally occurs a few days after receipt of the FAFSA.
Contact you campus financial aid office for additional information.
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A :The L.I.U. School Code is 002751 and students must complete the FAFSA every year, within deadline dates.
Click the link below for more information.
FAFSA
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A :Generally, eligibiliity for academic sholarships and grants is determined at the time of a student's admission to the University. The Admissions Office automatically reviews the academic records of all entering students to determine award eligibility. Visit the Scholarships and Grants section of each campus website for additional information.
Click on the links below for your local campus financial aid office.
C.W. Post Financial Aid
Brooklyn Finanacial Aid
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A :The federal government defines independent student status and specific questions on the FAFSA help to determine who is independent. These questions include if the student:
1. is 24 years old before December 31st of the award year;
2. is a graduate student;
3. is married;
4. is an orphan or a ward of the state;
5. has legal dependents for whom he/she provides at least half support; or
6. is a veteran of the U.S. Armed Forces.
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A :Some financial aid programs require full-time attendance and include N.Y. State's Tuition Assistance Program (TAP), full eligibility for Federal Pell Grants, and L.I.U. campus-based financial aid (Federal SEOG, Federal SDS Awards, Federal Perkins/HPL Loans, Federal Work Study/America Reads and Counts). When registration falls below 12 credits per term, these awards are generally cancelled. Federal Pell Grants may be reduced according to part-time status (3-11 credits per term). The Federal Direct Student Loan Programs require a minimum registration of at least 6 credits. Non-degree or certificate students are eligible to apply for alternative loans.
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A :Generally, "merit-based" awards are based solely on academic performance and skills. Most of L.I.U. scholarships and grants are merit-based. All other federal or state financial aid programs requiring the completion of an FAFSA are based on financial need and are considered "need-based."
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A :Federal Direct Student Loans begin repayment of interest and principal within six months after a student graduates or is registered for less than six credits. This six months is considered a "grace period" and students have the opportunity to work with the federal government to select the best repayment plan for their circumstances. The Unsubsidized loan requires quarterly repayment of interest only while the student is still in school. The Federal Parent PLUS and Graduate PLUS Loans are repayable sixty days after disbursement and this is generally the case for alternative loans as well.
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A :There are two financial aid related holds that may appear. One is a reminder to loan borrowers that they must take an electronic Loan Exit Interview. The "FA Exit Interview" hold will prevent the release of your diploma. Once you go on-line to perform the Loan Exit Interview, this hold will be removed. The second hold related to Financial Aid is the "FA Block M" which means that you may have defaulted on a federal student loan. To resolve this hold, you should visit your local financial aid office.
Please click the link below for more information.
Loan Exit Interview
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A :When you click on the "details" link on the To Do List, it will bring you to a pagelet that associates this checklist item with an administrative functions office where additional information is available.
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A :To accept loans, you must complete a loan Entrance Interview and electronically sign a master promissory note. There are two hyperlinks on the Student Center page under "Financial Aid Websites" that can assist you with this.
Please click the links below for more information.
Loan Entrance Interview
Master Promissory Note
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A :Click on the "Financial Aid" bar at the left and a description of the financial aid programs most received by students will appear. You can also access this information through the "Home Help" link on the your Student Center home page on my.liu.edu portal.
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A :If you have not been awarded financial aid for the year you selected, you should look for outstanding To Do List items on the Student Center Page. These To Do List items may be the reason you are not awarded and you should check with your local financial aid office for more details.
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A :At L.I.U., all scholarships and grants from the federal and state governments and from L.I.U. itself are considered to be "Offered" and "Accepted" and will automatically disburse to your account. As free grant aid, we believe you would always accept these awards. Loans also appear as "Offered" and "Accepted" in this view, but will not actually disburse to your account until you have satisfied all To Do List items, take your Loan Entrance Interview, and electronically sign your Master Promissory Note. Parent PLUS Loans and Graduate PLUS Loans are only "Offered" until such time as they are formally accepted (master promissory notes are signed, etc.) and they will move to the "Accepted" column once this is done.
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A :If you click on the "Loan Details" link on the Award Summary page, you will see the amount of your loan, the fees that are incurred, and the "net" amount of your loan that will be disbursed to your account.
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