Financial Aid & Billing

Borrowers making less than $125,000 annually or families making less than $250,000 annually may be eligible to have $10,000 in student loan debt cancelled. Additionally, borrowers who received Pell grants in college may receive an extra $10,000, totally $20,000 in forgiveness.

The Department of Education will have income data for any borrower who completed a FAFSA in 2021-22. For those who did not, an application will be available in September.

• Sign up for notification at ed.gov/subscriptions
• View your loan balance and Pell usage by signing into studentaid.gov
• More information on the Biden-Harris Administration’s Student Debt Relief plan

New York State residents planning to attend a State University of New York college should apply for the New York Tuition Assistance Program (TAP).

TAP is available for eligible students taking six or more credit hours per semester in their program of study.

TAP awards are based on NYS net taxable income and other factors. FAFSA applicants will link to the TAP application if:

• You are a New York State resident, and
• You included at least one approved NYS college on your FAFSA.