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FAQs

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  1. New York Medical College's School Code is G02784.

  2. An FSA ID is a username and password that you must use to log in to certain U.S. Department of Education (ED) websites. Your FSA ID identifies you as someone who has the right to access your own personal information on ED websites such as the Free Application for Federal Student Aid (FAFSA). With and FSA ID you may perform the following tasks: Electronically sign the Free Application for Federal Student Aid (FAFSA) on the Web, Renewal FAFSA on the Web, or make FAFSA Corrections on the Web. View the status and results of a processed FAFSA application on the FAFSA website. Electronically sign your Federal Direct Loan Master Promissory Note(s). Access your Federal Student Financial Assistance information on the National Student Loan Data System (NSLDS) website.

  3. School of Medicine: The Financial Aid deadline is Thursday, April 27, 2017. All required Financial Aid steps and required forms, must be completed and submitted to the Office of Student Financial Planning by this date. If you are accepted after Thursday, April 27th, you must complete and submit the required steps and forms within 14 days of your acceptance date to the Office of Student Financial Planning.

    School of Health Sciences and Practice: Physical Therapy students: The Financial Aid deadline is Thursday, April 27, 2017. All required Financial Aid steps and required forms, must be completed and submitted to the Office of Student Financial Planning by this date.

    School of Health Sciences and Practice: Speech-Language Pathology students: Class of 2018, the Financial Aid deadline is Thursday, April 27, 2017. Class of 2019, the Financial Aid deadline is Thursday, July 27, 2017. All required Financial Aid steps and required forms, must be completed and submitted to the Office of Student Financial Planning by this date.

  4. The term Financial Aid is an overall term. It includes federal, state, institutional loans, grants and scholarships. At New York Medical College, the Financial Aid students may apply for is in the form of Federal Direct Loan(s).

  5. Students must be registered for classes, maintain academic satisfactory progress in a degree granting program and either a US citizen or eligible noncitizen to qualify for Financial Aid. The student has not defaulted on a Federal loan, does not owe a refund on any federal or state grant program. The student is registered with the Selective Service, if required, and has a valid social security number.

  6. New York Medical College, Office of Student Financial Planning, Room 125C, 40 Sunshine Cottage Road, Administration Building, Valhalla, New York 10595.

  7. No. Every student needs to reapply for aid every Academic Year.

  8. A grant is a gift. It does not have to be repaid. A scholarship is an achievement award which is usually based on academic grades, abilities, skills, class rank, etc. Loans are funds borrowed by the student. Loans must be repaid with an interest charge and have a time limit for repayment.

  9. The Office of Student Financial Planning will review any outside aid a student receives to determine if the total amount of aid received, exceeds the maximum assigned financial aid Cost of Attendance (budget). If this occurs, the Office of Student Financial Planning is required to return the over award amount to the highest interest bearing loan first, if applicable.