Financial Aid consists of grants, scholarships, loans and Work-Study.
To determine if you are eligible for federal aid you must file a Free
Application for Federal Aid (FAFSA). Learn how to file your FAFSA.
Federal Pell Grant
If you have not yet earned a
bachelor’s degree, you may be eligible for a Federal Pell Grant, which
is awarded to students on the basis of need. A confirmed Federal Pell
Grant is credited to your CIA student account in two equal installments.
These grants range from $626 to $5,775 annually.
Federal Supplemental Educational Opportunity Grant (SEOG)
Similarly, if you have not yet received a bachelor’s degree, you may be considered
for a Federal SEOG. Grants are awarded on the basis of exceptional
financial need. A confirmed Federal SEOG is credited to your CIA student
account in two equal installments. Although these grants can range from
$100 to $4,000, an average award at the CIA is $400 annually.
Federal Direct Loans*
Direct Loans are low-interest loans for students and parents to help pay for the cost of a
student’s education after high school. The lender is the U.S.
Department of Education rather than a bank or other financial
institution. Direct loans are either subsidized are unsubsidized. Learn more about loans.
Federal Perkins Loan*
The Student Financial & Registration Services Office (SFRS) determines eligibility, giving priority to students
with the greatest financial need. Priority is also given to students
who have first applied for the Federal Subsidized Stafford Loan and the
Federal Unsubsidized Stafford Loan or Federal PLUS. Students who have
completed the financial aid application process by the start of the
academic year will be considered. The amount will be determined at the
beginning of the academic year and will be paid in two installments.
Although these loans can range from $500 to $5,500, an average award at
the CIA is $1,500 annually.
You may apply for a Federal
Work-Study position on campus if the SFRS Office determines you
are eligible. The dollar amount of the award, however, is only an
estimate of your expected earnings and is not deducted from your bill by
the SFRS Office. As a work-study-approved student, you find
employment by applying for one of the jobs at the CIA, which are posted
daily on the CIA Main Menu, and you receive a paycheck every other week.
You may work up to 20 hours per week. Community service work-study
positions are also available and may be obtained through the SFRS office. Although preference for on-campus employment is given to
work-study-approved CIA students, jobs are not guaranteed.
Veterans’ BenefitsVeterans, and surviving family
members of veterans whose deaths or disabilities were
service-connected, are eligible for educational benefits while attending the CIA. Forms and information are available at all Veterans’
Administration offices. The Student Financial & Registration Services Office may be contacted for
* If you have a Federal Direct Loan and/or Federal Perkins Loan the loan will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system. For more information please visit www.nslds.ed.gov.
Student Financial & Registration Services
1946 Campus DriveHyde Park, NY 12538-1499