Concordia College will do everything possible to ensure that you and your family can benefit from a Concordia education. In fact, every year more than 93 percent of our students receive some form of financial assistance, totaling over $8.25 million—so you are in good company!
What Is Financial Aid?
In short, financial aid is money awarded to students to help pay their educational costs. It comes in various forms, such as grants, scholarships, loans, and employment. Grants and scholarships are considered “gift aid,” since they do not have to be repaid. Loans and employment are considered “self-help aid,” since students are helping themselves by either repaying the money loaned or working for the money. Federal student loans are lower than market interest rates, and repayment does not start until after graduation. Employment or “work-study” involves working part-time on campus.
To qualify for financial aid, both need-based and merit-based, students must complete the FAFSA .
If you intend to apply for state or federal grants and need-based aid, it is very important to go to www.fafsa.ed.gov and complete the FAFSA form as soon as possible after January 1. Priority deadline is April 1.
Concordia Financial Aid Workshops
Concordia offers financial aid workshops designed for parents to attend during their child’s campus visit.
2007– 2008 events are:
January 19 FAFSA Workshop
The Buck Starts Here!
In the meantime, here is a synopsis of the different forms of financial aid available to your child. For detailed information about financial aid at Concordia, how to apply for need-based aid, and a financial aid checklist to help you stay organized, go to the Financing Your Education section of our Website to find out more about each of these resources:
Scholarships – This is basically free money, administered by Concordia as well as by outside sources, usually based on academic achievements and financial need.
Grants – This is more free money, administered by sources outside Concordia, and is usually based on financial need.
Loans – Federal guaranteed student loans as well as parent loans.
Student Employment – Flexible employment, both on and off campus, is available.
For decades, Gail Tiso has been a calming influence for students and their families as they navigate the financial aid rules and regulations. “When it comes to the financing process we are here to assist students in discovering the best way to make college affordable.” To contact Gail or any of our Financial Aid Advisors, call (914) 337-9300 x2153 or send us an email at financialaid@concordia-ny.edu.