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The Tuition Assistance Program is a financial aid program for students who are New York State residents and who are attending a post-secondary educational institution in New York. It is a program of the Higher Education Services Corporation which is a New York State Agency.
The Tuition Assistance Program, better known as TAP, is an aid program that helps New York State residents going to college with their tuition. To become eligible for TAP, students must be United States citizens and New York State residents. With the TAP award, a student can earn from $500 to $5,000. Because TAP is a grant, the aid does not need to be repaid. There are several determining factors that influence how much aid students receive, such as family income and tax status (independent or dependent). Dependent students qualify for TAP if their family net tax income is below $80,000, and independent students who are married but have no parental income qualify if their income is below $40,000. Single independent students qualify for TAP if they have no parental income and their personal income is below $10,000. Other qualifications include number of college credits and grade point average for individuals who are already in school. [1]
The Tuition Assistance Program is a part of a program called The Higher Education Services Corporation. The Higher Education Services program is a financial aid agency for college students. Tuition assistance is available for SUNY/CUNY colleges and can be used for tuition and fees for coursework related to students' majors. To apply for TAP, students can visit the financial aid website at FAFSA.gov. To apply students will first need the school name and code. If students are working part-time individuals can receive up to $1500, and if students are working full-time they can receive up to $3,000. If students are in school one must be a full-time student with at least a 2.0 average and taking 12 credits or more. Students will need to have a high school diploma and have graduated high school in the United States to be eligible for TAP. Also, according to the Higher Education Services Corporation, students must be charged at least $200 tuition per year. [2]
Undergraduate students who enroll in bachelors programs can receive four years of TAP if they are studying full-time. If students do not fulfill the requirements for the tuition assistance then they can lose their funding and can be forced to repay the aid for that course. If a student is unable to keep up with credits or grades (for example, if a student's grade point average is below a C− with fewer than 12 credits) then the student can lose the assistance. Because TAP is a state program, some states have appeal programs, allowing participants to explain why they could not meet the requirements. Some states do not have the appeal process. If a student drops a class that TAP is paying for, the student may need to pay the full amount for that course. TAP is an award and it will appear on a student’s financial aid award letter from the school the student is attending or planning to attend and from the New York State higher service corporation (NYSHESC). The letter states how much aid students will be getting. Undergraduate students are limited to only 8 semesters to receive TAP. [3]
If students are in the HEOP program, which is the Arthur O. Eve Higher Education Opportunity program, then they are able to receive TAP for 10 semesters. To receive TAP students have to be studying a specific major and in an approved degree program. Each year the deadline to complete a TAP form is June 30. After filling out a FAFSA application, the website will provide a link to the TAP homepage to fill the application. Students will acquire a user ID and a pin number to apply and make changes. [4]
In addition to the federal government's Free Application for Student Aid (FAFSA), there are programs similar to TAP in other states. Each state has its own grant/scholarship program for college students. The qualifications in each program are the similar to TAP. Some examples of different state grant programs are California's Cal grant program, Cal Dream Act, and Georgia's HOPE grant program. Grants are also provided by the US Military. The military tuition assistance program is for students who are of a military family. The military tuition program helps to pay almost the full amount of a student’s tuition costs. The program pays semester hours that are $250 and less and only applies to active duty members. [5]
Tuition payments, usually known as tuition in American English and as tuition fees in Commonwealth English, are fees charged by education institutions for instruction or other services. Besides public spending, private spending via tuition payments are the largest revenue sources for education institutions in some countries. In most developed countries, especially countries in Scandinavia and Continental Europe, there are no or only nominal tuition fees for all forms of education, including university and other higher education.
A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy. This article highlights the differences of the student loan system in several major countries.
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Student financial aid in the United States is funding that is available exclusively to students attending a post-secondary educational institution in the United States. This funding is used to assist in covering the many costs incurred in the pursuit of post-secondary education. Financial aid is available from federal and state governments, educational institutions, and private organizations. It can be awarded in the form of grants, loans, work-study, and scholarships. In order to apply for federal financial aid, students must first complete the Free Application for Federal Student Aid (FAFSA).
The Ontario Student Assistance Program (OSAP) (French: Régime d'aide financière aux étudiantes et étudiants de l'Ontario ) is a provincial financial aid program that offers grants and loans to help Ontario students pay for their post-secondary education. OSAP determines the amount of money that a student is eligible to receive by considering factors such as tuition, course load, and the financial resources of the student. More than 380,000 students – more than half of all full-time students –received student financial aid in 2014-15.
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Higher education in the United States is an optional stage of formal learning following secondary education. Higher education is also referred as post-secondary education, third-stage, third-level, or tertiary education. It covers stages 5 to 8 on the International ISCED 2011 scale. It is delivered at 4,360 Title IV degree-granting institutions, known as colleges or universities. These may be public or private universities, research universities, liberal arts colleges, community colleges, or for-profit colleges. US higher education is loosely regulated by the government and by several third-party organizations.
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