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Financial Aid at NYU

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CitiBankLeadership CouncilJanuary 12, 1999“Using Aid (and the Aid Office) to Secure (and Retain) Enrollment”Dr. Keith JepsenNYU Director, Financial Aid(www.nyu.edu/financial.aid)Adjunct Assoc. Professor of Higher EducationGraduate School of Educationcourse: “Financing Higher Education”(www.nyu.edu/classes/jepsen)
financial aid at nyu
Financial Aid at NYU
  • Form -- the process
  • Formula -- who gets what
  • So What? -- discussion
financial aid in newyork and at nyu form the process
Financial Aid inNewYork and at NYU“Form”--the process
  • cIcu (www.nycolleges.org)
  • Department of Ed: FAFSA (www.fafsa.ed.gov)
  • NYSHESC (www.hesc.com)
  • Project EASI (www.easi.ed.gov)
  • New York Mentor (www.xap.com/xapWWW/DesignStudio/NewYork)
  • Access America for Students (www.nyu.edu/financial.aid/access_america.html)
  • NYU -- options, etc. (www.nyu.edu)
financial aid in newyork and at nyu formula who gets what
Financial Aid inNewYork and at NYU“Formula”--who gets what
  • Federal methodology for Family Contribution (ifap.ed.gov/csb_html/efcform.htm)
  • TAP grant eligibility (www.hesc.com)
  • School packaging -- straight FM
so what
So What?

• Very targeted matrix approach to packing.

• Much gapping --- (for lower-ranked students).

• Use private loans extensively ---including international.

• Student Services Center.

• “Customer Services” matters; CSRs seeing students, not paper.

• No forms

--- FAFSA on the Web

--- imaging coming

• 1 % verification

--- don’t hassle customer

--- people tell the truth

so what6
So What?

• More “distance learning” coming (“NYU On-line, Inc.”).

• “Point-and-click” customers (and staff)

--- OFA web site (www.nyu.edu/financial.aid)

--- Private OFA site (PPDs) (confidential!!)

• ELM

• Clearinghouse

• “Intervention” Scholarships

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