Grants

• Marist Grants
• Federal Grants
• State Grants

Marist Grants

Need-based Aid

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 both on the Qualitative and Quantitative measurement (2.0 cumulative GPA & Attempted vs. Earned Credits).

• 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 Grants

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 and must maintain Satisfactory Academic Progress both on a Qualitative and Quantitative measurement (2.0 cumulative GPA & Attempted vs. Earned Credits). 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. Student must also maintain satisfactory academic progress both on the Qualitative and Quantitative measurement (2.0 cumulative GPA & Attempted vs. Earned Credits)

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.

Children of Fallen Heroes Scholarship

Beginning with the 2018-2019 academic year, students who are eligible for the Federal Pell Grant and whose parent or guardian died in the line of duty while performing as a public safety officer may be eligible to receive a maximum Pell Grant under the Children of Fallen Heroes Scholarship Act. Please contact the Office of Student Financial Services at 845-575-3230 for more information regarding this grant and how to document eligibility. 

Federal Teacher Education Assistance for College and Higher Education Grant  (TEACH)

A Federal TEACH Grant provides up to $3,964.40 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 a minimum of four years at schools that serve students from low-income students and complete those four years of teaching within eight years of completing the program. 

The conditions for receiving a TEACH Grant are as follows:

1. You must complete the FASFA, although you do not have to demonstrate financial need.
2. Graduation from high school with a 3.25 GPA or higher or scoring above the 75th percentile on a college admission test.
3. Majoring in a program of study designated as a high-need subject area (Bilingual Education, Foreign Language, Mathematics, Reading Specialist, Science, or Special Education). For more information, please visit: www.ed.gov/about/offices/list/ope/pol/tsa.doc

Please note that if you are unable to complete this teaching obligation within eight years, the grant will be converted to a Federal Direct Unsubsidized Loan with interest accruing from the date the grant funds were first disbursed.

Please feel free to contact the Office of Student Financial Services at 845-575-3230 for more information regarding this program.

TEACH Grant Fact Sheet. 

 

State Grants

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 online, each year. 
TAP eligibility requirements

NY State Scholarships
Scholarships are "free money" awarded based on various factors.  Some may require certain conditions be met or have a service component.

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.