Understanding Anticipated Financial Aid

Before the beginning of each semester, you will receive a statement of University charges and anticipated financial aid. University charges include tuition, fees, on-campus housing, meals, and other billed expenses. It may also include health insurance if you have not completed the opt-out process. The statement for the fall semester will be made available via MySlice in June and in early November for the spring semester.

Certain types of financial aid, such as New York State TAP (Tuition Assistance Program), will not disburse to the student’s Bursar account until at least the 4th week of the semester. TAP will show as anticipated aid until disbursement. Any student eligible for TAP must reapply each year to confirm eligibility.

If federal student loan funds are part of your financial aid, you must Accept, Reduce, or Decline the loan funding in MySlice by selecting the Financial Aid button and using the Accept/Decline tab.

Important:

– The federal student loan funding will not show as anticipated aid until you have gone into MySlice and accepted the loan offer.

– Federal student loans will show as anticipated aid once you have accepted the loan offer, however;

– Even if the loans are showing as anticipated aid, you may still be required to complete the loan requirements (such as the Master Promissory Note and Loan Entrance Counseling).

– Failure to complete the Master Promissory Note and Loan Entrance Counseling will result in the loan funds not being applied to your outstanding Bursar balance, as well as potential cancellation of your federal student loan offer.