Financial Aid
Important Facts and Frequently Asked Questions

What is Alfred University's Federal School Code?
What is the financial aid application deadline date?
What is Verification?
Can you explain the College Work-Study program?
What happens if I move off campus?
Where can I get information about non-University, outside scholarships?
Will my financial aid package remain the same each year?
Does Alfred University require the CSS Profile?
Financial Aid Terminology and Acronyms
Policy Against Discrimination

What is Alfred University's Federal School Code?
Alfred University's Federal School code is 002668.

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What is the financial aid application deadline date?
For fall semester enrollment, Alfred University's priority application deadline is March 15 for freshman students and May 15 for transfer students. However applications should be filed as soon as possible after January 1. Mid-year transfer students have an application priority date of December 1 before entering the spring semester. Returning students must complete both the Alfred University Financial Aid Application (AU AP) and the Free Application for Federal Student Aid (FAFSA) by March 15 for the following academic year to apply for University need-based aid and University awarded federal need-based aid. For verification documentation deadlines, refer to the section below entitled, What is Verification?

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What is Verification?
Verification is the process used by the University to check the accuracy of the information students and parents have reported when applying for financial aid. For Federal financial aid programs, the U.S. Department of Education randomly, and through FAFSA edit checks, selects FAFSA filers for the Federal verification process. Alfred University financial aid policy requires the University verification process for 100% of the applicants applying for University need-based aid.

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Can you explain the College Work-Study program?
With funds provided by the federal government and a match by Alfred University, Work-Study awards are administered to students demonstrating financial need. The average College Work-Study employee works approximately 5-12 hours per week during the academic year at minimum wage. To secure employment, students consult a listing of Work-Study jobs available on the University's website and interview for positions that interest them. All students have access to the University's website while on campus. Work-Study awards reflect an opportunity for students to earn funds for educational expenses during the academic year. Because students receive their awards through hourly wages paid bi-weekly via payroll check, College Work-Study funds are not credited to students' bills and are not available for payment at registration.

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What happens if I move off campus?
Generally, most Federal, State, and University financial aid programs may be used for off-campus living expenses after University charges are satisfied and the total aid exceeds charges for tuition and fees. One exception to this general rule is the University-funded housing grant. To receive the housing grant, students must reside in a University owned or operated residence facility. When a student moves off campus, the housing grant is removed from their financial aid package.

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Where can I get information about non-University, outside scholarships?
Some helpful, informative websites, which provide free scholarship searches are: Fastweb, Petersons, FinAid, and The College Board . Visit Alfred University's non-University Scholarship database - this is not an inclusive listing of all non-University scholarships. Alfred University's outside aid resource policy is stated in the Financial Aid at Alfred University brochure that students receive each academic year with their initial financial aid award notice. You are required to immediately report any non-Alfred University scholarships, grants or tuition assistance received to the Alfred University Student Financial Aid Office.

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Will my financial aid package remain the same each year?

- Academic Scholarships
In addition to Satisfactory Academic Progress Standards, University academic scholarships require students to maintain a certain minimum cumulative grade point average (GPA) for renewal. The GPA measurement is performed annually after spring semester final grades are posted. The GPA requirements for the various scholarship programs are outlined under Alfred University academic scholarship cumulative grade point average requirements.

When a student loses a scholarship due to the GPA requirements, need-based funding may be awarded (up to 80% of the scholarship value) if the student demonstrates financial need sufficient to support such an award. Otherwise, the University will not replace lost scholarships with other funding. Academic scholarships may be reinstated in midyear for the spring semester if the student can satisfy the GPA requirement prior to the beginning of the semester.

- Need-based Funding
Eligibility for University need-based aid is determined annually based on an analysis of the family's circumstances and financial information reported on the current year's financial aid application. If the expected family contribution was higher than last year, then your financial need would be lower and, consequently, your aid eligibility may decrease. Likewise, if the expected family contribution was lower than last year, then your financial need would be higher, and your aid eligibility may increase. Numerous factors can affect the expected family contribution. The most common are changes in the number of family members in the household, the number of household members in college, or a significant change in parents' and student's income or assets. Another factor which could affect your aid eligibility is a change in external assistance such as Federal Pell Grant, state grants, or private scholarships. Aid eligibility is also contingent upon compliance with Satisfactory Academic Progress Standards.

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Does Alfred University require the CSS Profile?

No.

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Financial Aid Terminology and Acronyms

DRN - Data Release Number on the student aid report

EFC - Expected Family Contribution

ETA - New York State Higher Education Services Express Tap Application

FAFSA - Free Application for Federal Student Aid

MPN - Master Promissory Note

PIN - Personal Identification Number

SAP - Satisfactory Academic Progress

SAR - Student Aid Report

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Policy Against Discrimination
Whether considering candidates for admission or financial aid, applicants for employment or the management of its policies and school-administered programs, Alfred University does not discriminate on the basis of gender, sexual orientation, age, race, color, national or ethnic origin, religion, or disability. Alfred University is an affirmative action, equal opportunity employer.

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Explore other topics: Contact Us:

Alfred University
Student Financial Aid Office
Alumni Hall
1 Saxon Drive
Alfred, NY 14802

Ph: 607.871.2159
Fx: 607.871.2252

Hours: 8:30 to 4:30 M-F

Staff Contact Information