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Financial Aid

Withdrawls and Financial Aid Eligibility

Financial aid is awarded with the expectation that you will attend school for the entire period for which that aid was intended. Withdrawing from classes can have short-term and long-range effects on your eligibility to receive the financial aid payments you applied for.

For example, you may discover after withdrawing from a class or classes that your tuition charges remain the same, but your financial aid is greatly reduced or eliminated. Or you may be asked to pay back money you received in a financial aid payment because you subsequently withdrew from your classes. Then again, you might find that you are not eligible to receive a payment in the current semester because you had too many withdrawals in past semesters. These situations can leave you having to pay tuition bills and other school expenses out of your own pocket.

You may wish to factor the information provided here into any decision to withdraw from a class or classes. We do suggest that you speak with your professors and an academic advisor if you think you have to withdraw from a class. Decisions related to your academic program should not be based solely on financial considerations, and an advisor can perhaps lead you to a better solution--one that doesn't require you to withdraw.

New York State Tuition Assistance Program

Short-term effects

If you meet the TAP definition of full-time between the first day of classes and the end of the add/drop period, you keep your TAP award for that term even if you withdraw from your classes.

Long-range effects

To continue receiving TAP or other New York State awards, you must meet the state's academic performance requirements every semester you receive a payment. Excessive numbers of withdrawals in any TAP-supported semester could negatively affect your ability to meet the academic performance requirements and endanger your ability to continue receiving TAP in subsequent semesters. See TAP chart for details.

Federal Pell Grants

Short-term effects

There are many variables that can have short-term effects on your Pell award. Before you drop or withdraw from one or more of your courses, we strongly recommend that you speak with a financial aid representative.

Long-range effects

All course withdrawals recorded on your permanent record may affect your eligibility to meet federal satisfactory academic performance requirements and could result in a loss of Pell Grant eligibility in a future semester.

Federal Work-Study, FESOG, Federal Perkins and Federal Direct Loans

Short-term effects

You must maintain at least half-time enrollment to receive these grants and loans. If you fall below half-time status, you may not receive disbursements of these funds.

If you completely withdraw from school before the end of the term, the college must calculate whether any federal aid (except FWS) must be returned according to the return of federal aid regulations.

If you are working in the FWS program, you must stop working from the day you cease to be enrolled at least half-time. You do not have to repay any monies you have already earned.

If you are in receipt of a federal loan, your grace period will begin from the day you cease to be enrolled at least half-time. If you have not returned to school on at least a half-time basis before your grace period has expired, your loan will enter repayment.

Long-range effects

All withdrawals recorded on your permanent record may affect your ability to meet federal satisfactory academic progress requirements, and consequently endanger your eligibility for continued federal financial aid payments in future semesters.

Helpful Hint

Before you drop or withdraw from one or more of your courses, we strongly recommend that you fill out the form here to contact a Financial Aid representative.


 

 Office Information

 
Phone: 718-997-5102
 
Fax: 718-997-5122 
 

Assistance with the aid process is available in the One Stop Service Center in the Dining Hall. For more on the One Stop, visit www.qc.cuny.edu/onestop.

College Codes
FAFSA College Code - 002690
TAP College Code - 1416

ECSI College Code - F5

Our Mission Statement


NEWS
  • Please note that the Financial Aid tab on CUNYfirst will be active for Queens College students for Summer 2014 and following beginning on April 28, 2014.  
  • File all aid applications now with our college code and be sure to complete your CUNYFirst financial aid To Do List early.
  • It is now important that you complete your Fall 2014 registration before September 3rd.
  • The Last Day to submit a Direct Loan Application for the 2013-2014 Academic Year is April 24, 2014

 

 Applying for Financial Aid

 
 

 Useful Telephone Numbers

 

FAFSA Application Status 1-800-433-3243


FAFSA Technical Assistance 1-800-433-3243
NYS TAP Processing/Status 1-888-697-4372
Direct Loan Inquiries 1-800-848-0979
Selective Service 1-847-688-6888
Internal Revenue Service 1-800-829-1040
TuitionPay Payment Plan 1-800-635-0120

 
 
     



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