Generally any matriculating student attempting six or more credits during the summer semester may be eligible for aid. We encourage all students interested in summer assistance to contact a financial aid advisor.
Do I have to apply for financial aid every year?
Yes, a new application is required every year. You will receive a FAFSA renewal application, either in the mail or if you filed online by way of an e-mail from the Department of Education. You may also complete a new FAFSA online at www.fafsa.ed.gov or by picking one up in our office.
Do I need to be admitted before I apply for financial aid?
You should apply for aid as soon as possible after January 1st. Only students accepted for admission will be considered for financial aid eligibility.
How do I apply for financial aid?
All students must submit a Free Application for Federal Student Aid (FAFSA) as the first step in the application process. The fastest way to apply is online at FAFSA on the web at www.fafsa.ed.gov. Don't forget to appropriately sign the certification page when you have finished the online application.
I am an international student, am I eligible for financial aid?
Students who are attending college on a student visa do not qualify for federal and state Financial Aid. There are some alternative loans that you can apply for with a co-signer who is a U.S. Citizen. We also recommend applying for scholarships. You may research scholarship opportunities at http://www.iefa.org, a scholarship search engine which focuses on international students.
Where can I get more information about outside scholarships?
There are many useful scholarship search engines on the web. Here are just a few we recommend:
The optimal filing date for new students to submit their FAFSA is February 1; transfer students by February 15; and returning students by March 1, 2016. Applications are processed and reviewed for eligibility on a first-come, first-serve basis. We encourage all students to file as early as possible.
What are SVA’s codes for federal and state aid programs?
The federal school code for SVA is 007468 and should be listed when filing your FAFSA.
Our school code for New York State's Tuition Assistance Program (TAP) is 7858. This code should be listed when you file the NYS Express TAP Application.
When can I expect to receive an award letter?
Beginning March 1st, our office will make every effort to send you an award letter within 2-3 weeks (depending on the time of year) of receiving your FAFSA results.
What is the maximum annual borrowing limit for my Direct Stafford Loans?