In order to qualify for need-based aid, you must demonstrate that without financial assistance, you could not afford to attend Marist. The College determines your "need" by evaluating the information you provide when you complete the financial aid forms. (The formula used is: Cost of Attendance minus Estimated Family Contribution equals Need). Need-based programs include grants, certain loans, and student employment.
In order for the Marist Grant-In-Aid to be renewed, the student must demonstrate financial need, be registered full time, and maintain satisfactory academic progress. If eligible, the award is given for up to four years of full time undergraduate studies at Marist College.
- The non-renewable Marist Grant-In-Aid is awarded only to full-time students for the current academic year. This grant is not guaranteed each year and is based upon financial need, which could change each year.
- The non-renewable grant is awarded to students on the basis of good academic performance, financial need, other financial aid resources available to students, and the funds available for the grant program.
- Payment of the award is made in two equal payments in the fall and spring, unless otherwise noted. The amount will be directly applied to the student's account upon verifying the student's full-time enrollment for the term in question and the fact that the student has maintained the necessary academic index.
Federal Pell Grant Program
The Federal Pell Grant program is a federal aid program that provides financial assistance to students otherwise unable to afford an undergraduate education. Pell grants provide a foundation of Financial Aid to which other aid may be added.
The government currently states that in order to qualify for a Federal Pell Grant the citizen or eligible non-citizen must be either enrolled or accepted for enrollment at an accredited college. To find out if you qualify for Pell you must file the Free Application for Federal Student Aid, (FAFSA).
Federal Supplemental Educational Opportunity Grant (FSEOG)
A Federal Supplemental Educational Opportunity Grant (FSEOG) is for undergraduates with exceptional financial need--that is, students with the lowest Expected Family Contributions (EFCs)--and who also qualify to receive Federal Pell Grants.
What is the difference between the Pell and the FSEOG?
The U.S. Department of Education guarantees that each participating school will receive enough money to pay the Federal Pell Grants of its eligible students. There's no guarantee every eligible student will be able to receive an FSEOG; students at each school may be awarded an FSEOG based on the availability of funds at that school.
Federal Teacher Education Assistance for College and Higher Education Grant (TEACH)
A Federal TEACH Grant provides up to $4,000 per year in grants for students who complete the FAFSA and meet the eligibility requirements for federal student aid. Students must also intend to teach in a full-time, high need subject area for at least four years at schools that serve students from low-income families and complete those four years of teaching within eight years of completing the program. For specific questions, please contact the Office of Student Financial Services.
General Information/Requirements. TEACH Grant Fact Sheet.
Tuition Assistance Program (TAP)
New York State Residents Only
If you are a New York State resident (for at least the past 12 months) you may be eligible for this state grant. You must be a matriculated full-time student (12 credits or more). The TAP award must be certified by the TAP certifying officer located in the Office of the Registrar. There is a separate application that must be completed. New York State Higher Educational Services Corporation (NYSHESC) will send you a TAP application.
TAP eligibility requirements
NY State Math and Science Teaching Incentive Program
Students who are interested should fill out the application by March 15.
This is a new competitive scholarship available Spring 2007. Not everyone who applies will get it even if they've met all the eligibility requirements.
If the student does not fulfill the terms after graduation, the grant turns into a loan and will have to be paid back.
Payment will not be made until the end of the academic year and only if the student meets the academic criteria:
NOTE: Applicants may attend less than full-time, completing fewer than 27 credit hours, if they are in their last undergraduate term and if fewer than 27 credit hours are necessary to complete their course of study.
For more information regarding this scholarship visit:
NY State Math and Science Teaching Incentive Program
Teaching Incentive Web Supplement Application
The Rhode Island State Grant
Rhode Island Residents Only
The Rhode Island State Grant Program is designed to provide grants to those students whose family resources are not sufficient to meet the costs of higher education. In Rhode Island, your FAFSA also serves as your application for the RI State Grant program. When you complete your FAFSA and list Rhode Island as your legal state of residency, your FAFSA data will be transmitted electronically to RIHEAA.
VSAC Incentive Grants
Vermont Residents Only
Any Vermont student who plans to attend college full-time, and doesn't already have a bachelors degree, is eligible to apply for a Vermont Incentive grant. Vermont residents attending out-of-state institutions are requested to visit the website @ www.vsac.org for application criteria.