Financial Aid

Manhattan School is committed to providing educational opportunities for all qualified students regardless of financial need. Financial Aid is assistance that the federal and state governments make available to eligible students to help them meet their educational costs.

Phone: (718) 360-1534 ext 102 & ext 116

Federal School Code (FAFSA Code): 031933

https://fafsa.ed.gov
PELL Grant information: This grant program is designed to assist needy students who desire to continue their education beyond high school. Every student is entitled to apply for a Federal Pell Grant. To be eligible for a Federal Pell Grant, students must have financial need. To apply for the grant, students must use the Free Application for Federal Student Aid (FAFSA) that can be obtained from the Financial Aid Office. The application may be completed and submitted to the Financial Aid Office. The Financial Aid Office submits the application information to the federal government for processing. Further information about this grant is provided in the (Federal) 2011/2012 Student Guide, online at www.studentaid.ed.gov/guide, or by contacting the Federal Student Aid Information Center at 1-800-433-3243 (for the hearing impaired, 1-800-730-8913).

Federal Supplemental Education Opportunity Grant (FSEOG) The grant program is administered through the financial aid office. The financial aid officer determines, based on availability of funds, eligibility based on a student’s exceptional financial need. Exceptional financial need is determined by considering the students with the lowest EFCs, and priority is given to students who receive Federal Pell Grants.

State TAP School Code List: 7937

https://www.tap.hesc.ny.gov
TAP Grant information: This grant program helps only eligible New York State residents attending (on a full-time basis) in-state postsecondary institutions pay for their tuition. To apply for the TAP Grant, the student must complete and submit a Free Application for Federal Student Aid (FAFSA). The information on the FAFSA is used by the Higher Education Services Corporation (HESC) to preprint an Express TAP Application (ETA) that is sent to the student. The student must complete the ETA and submit it to HESC for processing. The amount of the TAP Award a student may be eligible for depends on the year the student first received a TAP award and the student’s dependency status. Specific information on the award amount and dependency status may be obtained from the Financial Aid Office. Student may also obtain further TAP information by contacting HESC at (888) NYSHESC or through the HESC Web site at www.hesc.com.

Federal Work Study

Many of our student participate in Federal Work Study The program provides jobs for students with financial need. It allows students to earn money to help pay education expenses. Work-Study wages will be at least the current federal minimum wage. Work hours availability is considered based on class schedule and academic progress.

Veteran Administration Educational Benefits

Many programs of educational assistance benefits are available to those who have served in the active military, naval or air service and to their families. Further information may be obtained from the Student Handbook or from the Financial Aid Office. In addition, further information may be obtained by contacting the VA at 1-888-442-4551 or through the Web site at www.vba.va.gov/.

Loans

The student loan program (William D. Ford Federal Direct Loan Program) is designed to assist students who wish to borrow money to help pay for their education. The loans must be repaid. The three types of loans are:

  • Federal Direct Stafford/Ford Loans (A/K/A: Direct Subsidized Loan). Eligibility for this loan is based on financial need.
  • Federal Direct Unsubsidized Stafford/Ford Loans. This loan is available regardless of financial need.
  • Federal Direct PLUS Loans. This loan is available for parents without adverse credit histories who want to borrow for their dependent students.

Manhattan School of Computer Technology processes the student loans directly with the federal government. Several factors determine the maximum loan amount a student may borrow. Detailed information on the loan amounts is provided in the Direct Loans booklet that is available in the Financial Aid Office. You may also obtain information from the Direct Loan Servicing Center at 1-888-447-4460 or through the Web site at www.ed.gov/offices/OSFAP/DirectLoan/.

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By clicking below, I acknowledge that the estimate provided using this calculator does not represent a final determination, or actual award, of financial assistance, or a final net price; it is an estimate based on price of attendance and financial aid provided to students in a previous year. Price of attendance and financial aid availability change year to year. The estimates shall not be binding on the Secretary of Education, the institution of higher education, or the State. Students must complete the Free Application for Federal Student Aid (FAFSA) in order to be eligible for, and receive, an actual financial aid award that includes Federal grant, loan, or work-study assistance. For more information on applying for Federal student aid, go to:

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