Many of our students need some sort of financial aid to help pay the costs of attending college or graduate school. Financial Aid at Queens College includes grants, work and loans from New York State and the federal government, and can help pay expenses beyond tuition and fees. We have tried to present information on our site that will help you understand the programs, your eligibility for them, and the application process. Follow carefully the instructions on our website for applying for these programs. Always ask us if you have any questions or need help.
We also want to connect you to resources that can help you in other ways to keep your finances in order. We have initiated Financial Literacy workshops and this section of our website with that in mind. See the Financial Literacy Workshops entry in the right-hand column of our web pages for current workshop information.
Explore our website as well as this page—we think it might be of use to you even if you aren't applying for our financial aid programs. On our web pages, you can learn about:
as well as about
- avoiding billing and financial aid problems
- finding scholarships and other resources
- money you can SAVE by starting to think about debt management techniques
- money you can SAVE by becoming aware of consumer alerts and scams
- money you can SAVE by becoming aware of resources at QC that are much less costly than they would be off-campus
We are in the process of expanding these YOU AND YOUR MONEY pages of our website in order to help you—in ways that go beyond your aid and that will continue to serve you in the future.
- Avoid Billing and Financial Aid Problems at QC
Be sure to read and understand all college rules and policies. Our “Avoid Problems” page highlights some of the potential difficulties. Do not assume anything—check first!
- Check our website for information on scholarships and other resources.
- Be careful of offers that look too good to be true.
They probably are, and are designed to help you part easily with your hard-earned money. Information is included from organizations such as the Better Business Bureau, as well as from federal agencies such as the Federal Trade Commission.
- Explore discounts and programs you might be eligible for off-campus/in the community.
Be sure you understand what they do for you and what they will not do, and what additional expense you might incur to take advantage of any special deals.
- Be Smart!
You work hard for your money—we don't want you to lose it. A few more suggestions as food for thought:
- Keep your important personal possessions with you. Leaving your pocketbook or backpack lying around—in the caf, in the library, outside of or in the waiting room of a campus office—is never a great idea.
- Please—don't walk around with an open envelope of cash as you head toward the Bursar's Office to pay a bill.
- Try to keep track of your bank accounts and other monies held for you—we know it's harder as banks keep merging. Check periodically for funds that may have been turned over to New York State as unclaimed; New York's Office of the State Comptroller has a searchable database at http://www.osc.state.ny.us/ouf/index.htm. Other states have similar online databases.
- Understand the education-related and low-income tax deductions you might be eligible for. In order to get them, and any new economic stimulus check, you have to file a tax return, even if you aren't otherwise required to do so. You also have to file in order to get back taxes you have overpaid. See the IRS website at http://irs.gov. Look for earned income credit, Hope Scholarship and Lifetime Learning Credit, and economic stimulus, among other topics.
- Debt Management / Smart Borrowing
Loans are important to many of our students, but we try to encourage them to borrow only what they need. The goal of debt management counseling is to encourage wise borrowing. Remember that loans do have to be repaid. If you take student loans, be sure to read carefully all information provided about each loan before accepting it. We include excerpts from a variety of publications and reminders about smart borrowing and debt management.
- SAVE Money at Queens College
Become aware of the many valuable resources available at QC that can SAVE you a lot of money.