1 / 24

NYSFAAA 2011 New York State Grants & Scholarships

NYSFAAA 2011 New York State Grants & Scholarships. TAP… Nuts and Bolts. Overview. Processing Update 2012 Startup Changes to TAP Processing TAP Earned Credit Report Grants and Scholarships Modernization Strategy. 2011-12 Processing Update. Processing Update 2011-12. Applications

shiri
Download Presentation

NYSFAAA 2011 New York State Grants & Scholarships

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. NYSFAAA2011New York State Grants & Scholarships

  2. TAP… Nuts and Bolts

  3. Overview • Processing Update • 2012 Startup • Changes to TAP Processing • TAP Earned Credit Report • Grants and Scholarships Modernization Strategy

  4. 2011-12 Processing Update

  5. Processing Update 2011-12 • Applications • Over 544,000 processed as of September, 2011 • ETA 1% • Renewal Process 32% • FAFSA Direct 26% • Anytime TOTW 41%

  6. 2012-13Startup Changes

  7. 2012-13 Start up changes • Financial Independence Status (FIS) • Streamline edits and messages • FIS Petition Status Codes • Unchanged: G, J, L, M, P, Q, K, T, Z • New Definition X-Replaces U, V, W,X • New Code W-Student is independent based on response to new question, “Are you claiming financial independence from your parents?”

  8. 2012-13 Start up changes (cont.) • Exemptions • Minimize income issues • IT-150 tax form • Not available for 2011 tax year • Graduate students • Non-funding notification in application process • ETA color • White from now on • Disability Date Change • Report actual date of permanent disability including dates prior to current year

  9. TAP Earned Credit Report

  10. TAP Earned Credit Report • Report will review all aspects of the TAP program including: • All policies and costs associated with the distribution of TAP funds • Report will include statistics on TAP recipients for the 2010-11 terms: • Students receiving TAP in each term • Students granted waivers • Students decertified for not meeting good academic standards • Credits earned in each term

  11. TAP Earned Credit Report (cont.) • In December 2011, HESC will provide each school by campus code and TAP code, a file or Excel spreadsheet* with a list of students certified for TAP for each applicable term for the 2010-11 academic year • By January 17, 2012 schools will submit credits earned to HESC *Web File Transfer only

  12. Grants and Scholarships Modernization

  13. Purpose • Streamline, simplify processes • Eliminate edits that were based on paper applications • Combine main TAP processing system with manual scholarship processing • Give schools better information to make their job easier

  14. Changes already implemented • Improvements in verifying income with NYS Department of Taxation & Finance • Collection of full last names for spouse, mother and father • Check for invalid SSN using ISIR

  15. Changes already implemented • Addition of CSR data to student and school web pages

  16. Changes already implemented • Comprehensive Student Status Listing • Complete picture of student’s financial aid programs administered by HESC • Data from standard TAP rosters as well as Consolidated Scholarship Rosters • Two record types – Demo and FAP

  17. Changes already implemented • Comprehensive Student Status Listing • Available as file or Excel spreadsheet* • Includes data requested by schools: • Residency indicator • Deferred term information • CSR indicator *Web File Transfer only

  18. Changes in progress • Improvements in displaying income information to schools • Current view

  19. Changes in progress • Improvements in displaying income information to schools • New view

  20. Future Changes • New Payment Roster Print • Similar to Consolidated Scholarship Roster • Like SSL Comp, will list all student’s financial aid programs administered by HESC • Expanded tuition amount, certification codes • Existing Payment Roster Print would be available for a time until schools transition over

  21. Future Changes • Current Payment Roster Print

  22. Future Changes • New Payment Roster Print

  23. Questions?

  24. HESC Contacts Norene Grose Director, Grants and Scholarships ngrose@hesc.org Todd Palmiere Manager, Application Development tpalmiere@hesc.org

More Related