What kinds of financial aid are available at Guttman Community College?
Guttman students receive financial aid from a variety of financial aid programs. These are primarily funded by the federal, state and city governments, though opportunities are also made available through CUNY and some private sources.
The following are the kinds of financial aid Guttman students typically receive:
- Grants – money that does not have to be repaid.
- Loans – money that you borrow and agree to pay back with interest.
- Work-Study – money that you earn from a job obtained through the Financial Aid Office.
- Scholarships – money that is awarded on the basis of academic merit.
Financial Aid comes from a variety of sources. These include:
- The Federal Government
- New York State
- Outside organizations
TUITION ASSISTANCE PROGRAM GRANT (TAP)
Sponsored by the State of New York, the TAP grant provides tuition assistance for full-time degree (matriculated) students (that is, students enrolled for 12 or more credits and/or equated credits) and is based on the family’s New York State net taxable income. All students should apply for TAP each year by completing the FAFSA and clicking on the link on the FAFSA Confirmation Page to go to “TAP on the web”. Students then apply on the New York State Higher Education Services Corporation (HESC) Website. This application starts with the Fall semester and ends with the Spring. Students whose applications for TAP are approved will receive an award certificate from HESC, which states the amount of the grant. The amount of the TAP award is scaled according to the level of study, tuition charged, and the net taxable income, as well as the number of TAP payments received.
Eligibility for TAP
To be eligible for TAP, you must: be a legal resident of New York State (that is, you must have lived in the State for at least one year prior to the first term for which you are seeking payment); be a US citizen, permanent resident or hold an I-94 visa as a refugee, paroled refugee or conditional entrant; be matriculated (enrolled in a program leading to a degree); maintain satisfactory academic progress as stated under the Satisfactory Academic Progress (SAP) Policy & Requirements for N.Y. State Aid; if dependent, a family net taxable income must be below a specified amount, or, if independent, a taxable income must be below certain specified amounts as stated on the application. To be eligible for a full-time TAP award, a student must register for a minimum of 12 credits and/or equated credits, which must include at least six credits in credit-bearing courses. These 12 credits/equated credits must be for coursework that meets the requirements of their specific degree program. A student enrolled in a two year school cannot receive more than six semesters of TAP while completing their program.
Academic scholarships or grants funded by outside organizations can supplement the funding or be an alternate source of funding for your education. There are many scholarships available to students currently enrolled at Guttman who have attained a high degree of academic excellence. There are a number of websites that offer free scholarship searches. Please stop by the Financial Aid Office and we will be happy to provide you with the list of those websites.
One example of a stipend that incoming Guttman students receive is the Student Success Grant funded for the last two years by the Robin Hood Foundation. All entering freshman receive a $300 stipend for the Summer Bridge Program, $250 for the Fall semester and $250 for the Spring semester.