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Financial Aid
The Office of Financial Aid is located on the 1st floor of the Graduate Center, 80 Nott Terrace, Schenectady, NY 12308. It provides financial aid services to the students of Union Graduate College. Questions concerning eligibility for state, federal and supplemental loan programs should be directed to:
Nikki Gallucci
(518) 631-9836
The Office of Graduate Admissions and Registration of Union Graduate College has a Student Accounts Assistant who will process loan disbursements.
Federal Stafford Loan Program (subsidized and unsubsidized)
Matriculated full-time or part-time graduate students who are United States citizens or permanent residents and are taking at least one course per term during the academic year may be eligible for a Federal Stafford Loan. Interest rates are fixed at 6.8% on loans borrowed after July 1, 2006. Loans borrowed before July 1, 2006 are subject to a variable interest rate for the life of the loan.
Students interested in acquiring a federal Stafford Loan should download the following forms:
For the 2008-2009 Academic Year- Summer 2008, Fall 2008, Winter 2009, Spring 2009
- Financial Aid Checklist - includes a list of all materials needed including instructions
- The Free Application for Federal Student Aid (FAFSA) – You must file the 2008-2009 Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. In Step Six, please list Union Graduate College’s federal school code – G38813.
- A copy of your 2007 Federal tax return (1040, 1040A, or 1040EZ) TAX RETURN MUST BE SIGNED
- A copy of your spouse's 2007 Federal tax return (1040, 1040A, or 1040EZ), if filed separately TAX RETURN MUST BE SIGNED
- A copy of student’s and spouse’s 2007 W-2’s from all employers
- Verification Worksheet 2008-2009
- Graduate Financial Aid Supplemental Form
- Stafford Loan Electronic Master Promissory Note (E-MPN) – complete the Stafford loan E-MPN at www.hesc.com using college code 038813. Choose ‘Students, Families, Borrowers, and Counselors’ tab, then ‘Complete the EMPN’. ***Note- Stafford loan MPN’s are now valid for 10 years. If you have completed an MPN in the recent past (2-3 years) and wish to continue to borrow from your current lender then you do not have to complete another MPN. If you are not completing a new MPN for this reason please indicate the name of your current lender on your submitted paperwork. Paper forms are also available in the Financial Aid Office.
- Stafford Loan Entrance Counseling- go to www.mappingyourfuture.org to complete. Choose ‘Online Student Loan Counseling’ icon, then ‘Stafford Entrance’. Paper forms are also available in the Financial Aid Office.
- Assistantship/Fee Remission Application
- Student Employment Application
For the 2009-2010 Academic Year- Summer 2009, Fall 2009, Winter 2010, Spring 2010
- Financial Aid Checklist - includes a list of all materials needed including instructions
- The Free Application for Federal Student Aid (FAFSA) – You must file the 2009-2010 Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. In Step Six, please list Union Graduate College’s federal school code – G38813.
- A copy of your 2008 Federal tax return (1040, 1040A, or 1040EZ) TAX RETURN MUST BE SIGNED
- A copy of your spouse's 2008 Federal tax return (1040, 1040A, or 1040EZ), if filed separately TAX RETURN MUST BE SIGNED
- A copy of student’s and spouse’s 2008 W-2’s from all employers
- Verification Worksheet 2009-2010
- Graduate Financial Aid Supplemental Form
- Stafford Loan Electronic Master Promissory Note (E-MPN) – complete the Stafford loan E-MPN at www.hesc.com using college code 038813. Choose ‘Students, Families, Borrowers, and Counselors’ tab, then ‘Complete the EMPN’. ***Note- Stafford loan MPN’s are now valid for 10 years. If you have completed an MPN in the recent past (2-3 years) and wish to continue to borrow from your current lender then you do not have to complete another MPN. If you are not completing a new MPN for this reason please indicate the name of your current lender on your submitted paperwork. Paper forms are also available in the Financial Aid Office.
- Stafford Loan Entrance Counseling- go to www.mappingyourfuture.org to complete. Choose ‘Online Student Loan Counseling’ icon, then ‘Stafford Entrance’. Paper forms are also available in the Financial Aid Office.
- Assistantship/Fee Remission Application
- Student Employment Application
**Please note: if you have already completed a Stafford Loan Entrance Counseling session once for Union Graduate College you do not have to complete again for subsequent years.
You may also opt to contact the Financial Aid Office to request a packet of the above materials be sent to your home address.
Federal GradPLUS Loan Program - 2008-2009 Form, 2009-2010 Form
- Student must be a fully matriculated student in a degree-granting program and must also be enrolled in at least half-time status.
- Student must borrow maximum Stafford loan first before applying for a GradPLUS loan.
- Student must be credit-worthy and will be subjected to a credit check when applying for a GradPLUS loan.
***‘Suggested Lender List’- the lenders on our ‘Suggested Lender List’ were chosen based on outstanding customer service, convenience, and perceived stability. When choosing a lender you are NOT REQUIRED to choose a lender from this list- you have the option to select any lender. If you select a lender that is not on our ‘Suggested Lender List’ or on the more comprehensive lender list that is available at www.hesc.com we will make every effort to certify your loan with that lender. If that is not possible you will be notified to choose another lender. If you have questions about our ‘Suggested Lender List’ please contact the Financial Aid Office.
Alternative/Private Education Loans
Various types of alternative/private education loans are also available through the Union Graduate College Financial Aid Office, including loans for non-matriculated students, those who have exceeded Stafford loan maximums, as well as loans for international students who have a co-signer who is a US citizen or permanent resident. . Loan approval is based on a review of credit worthiness and ability to repay. Loans are funded through private lenders and financial institutions. Please contact the Financial Aid Office for more information.
New York State Tuition Assistance Program (TAP)
This is a grant program for New York State residents who are full-time graduate students (enrolled for at least three courses per term) that currently provides awards ranging up to $550 per year. Eligibility is based on New York State net taxable income. Applications will automatically be mailed to qualified students upon completion of the FAFSA form if not already completed online or at the end of completing your FAFSA.
Other Financial Aid Resources
There are over 2,281 Scholarship web sites on the Internet. Use "search" terms such as "scholarship", "financial aid", etc… Here is a small sample to get you started:
Other Informational Resources
- www.college.gov website designed by the Department of Education to assist in navigating through the challenges of higher education.
- www.nslds.ed.gov this is the National Student Loan Data System. Contains all information about previous and current federal aid received.
The Office of Graduate Admissions and Registration of Union Graduate College has a Student Accounts Assistant who will process loan disbursements- see contact information for Lynne Connelly below-
Financial Aid Contact Information:
Nikki Gallucci
Associate Director of Financial Aid
80 Nott Terrace
Schenectady, NY 12308
Tel: 518-631-9836
Fax: 518-631-9901
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Lynne Connelly
Student Account Assistant
80 Nott Terrace
Schenectady, NY 12308
Tel: 518-631-9833
Fax: 518-631-9901
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We recognize that funding graduate education can seem like a daunting hurdle to overcome. I work closely with every student to structure a plan that may include federal and state financial aid options as well as scholarship to make the degree possible. Since each student’s financial situation is different it is important that I offer as much information as possible so that student can in turn make well-informed decisions for the present as well as the future.
Nikki Gallucci
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© 2010 Union Graduate College,
Full, part time and accelerated Graduate Masters Degree Study Programs.
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