Federal Grants - Types of Aid - Financial Aid

FEDERAL PELL GRANTS

Federal Assistance Plans (TITLE IV)

FEDERAL PELL GRANTS

Matriculated students attending or planning to attend college on a part-time or full-time basis may apply for this Federal grant program. Students should use the Free Application for Federal Student Aid (FAFSA) and apply online at www.fafsa.gov. The application starts with the Fall semester, continues into the Spring, and ends with the Summer.

The Federal Processor determines the Expected Family Contribution (EFC). In about two to three weeks after filing, a Student Aid Report (SAR), which contains the EFC, will be sent to the student. If an email address is provided the information will be sent via email. The information on the SAR is used to determine the student’s eligibility for federal aid, including a Federal Pell Grant. If the award is finalized prior to the date the tuition bill is due, tuition and fees will be reduced by the amount of the Pell award. If the award is finalized after the tuition bill is due, the student will pay the tuition and fees when the bill is due and will be reimbursed later in the school year.

Eligibility for PELL

Eligibility and award amounts are based on need. Congress votes upon the formula used to determine the need each year. Students are notified by the Office of Financial Services about the conditions for receiving PELL payments and how and where these payments can be received. To remain eligible, students must attend classes and continue to make satisfactory academic progress in their chosen program of study.
Note: A student must have achieved at least a 2.00 GPA after two years of attendance at Queensborough. PELL will only pay for a maximum of thirty (30) equated remedial credits, excluding ESL courses.

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FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS (SEOG)

FSEOG grants are available to exceptionally needy full-time and part-time (at least half-time) students. These grants range from $200 to $2,000 annually. Students who request work-study or a Federal Perkins Loan on the FAFSA are automatically considered for SEOG. Students must maintain satisfactory academic progress as stated under the PELL program.

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Academic Competitiveness Grants (ACG)

The ACG is a new grant program which became available for the first time for the 2006-07 school year. This grant is in addition to the student’s Federal Pell Grant. An eligible student may receive an Academic Competitiveness Grant (ACG) of up to: $750 for the first academic year of study and $1,300 for the second academic year of study.

Qualifying requirements:

• Must be a Federal Pell Grant recipient
• Must be a U.S. citizen or eligible permanent resident
• Be enrolled full-time or part-time (6 credits) in a degree program
• Be enrolled in the first or second year of your program of study at a two-year or four-year degree-granting institution (such as CUNY)
• Have completed a rigorous secondary school program of study after January 1, 2006 if a first-year student and after January 1, 2005, if a second-year student
• If a first-year student, not have been previously enrolled in an undergraduate program; and
• If a second-year student, have at least a cumulative 3.0 grade point average on a 4.0 scale for the first academic year
• No enrollment in a specific major is required

Options for Rigorous Program:

A student qualifies based on the state in which the student completed the rigorous program of study. The 3 rigorous program options for eligibility for the 2006-07 school year for a student from New York are:

1. The New York Regents Diploma with Honors or Regents Diploma with Advanced Designation
or
2. Advanced Placement (AP) or International Baccalaureate (IB) courses and test scores This program requires a minimum of two Advanced Placement (AP) or International Baccalaureate (IB) courses in high school and a minimum passing score on the exams for those classes. Students must score 3 or higher on AP exams and 4 or higher on IB exams.
or
3. Taking the following prescribed set of courses and receiving a passing grade:

• 4 years of English
• 3 years of Math (Algebra I and a higher level course such as Algebra II, Geometry or Data Analysis and Statistics)
• 3 years of science (Including at least 2 courses from Biology, Chemistry or Physics)
• 3 years of social studies
• 1 year of a foreign language