NYSFAAA 2011 New York State Grants & Scholarships

1. NYSFAAA2011New York State Grants & Scholarships

2. TAP… Nuts and Bolts

3. Overview • Processing Update • 2012 Startup • Changes to TAP Processing • TAP Earned Credit Report • Grants and Scholarships Modernization Strategy

4. 2011-12 Processing Update

5. Processing Update 2011-12 • Applications • Over 544,000 processed as of September, 2011 • ETA 1% • Renewal Process 32% • FAFSA Direct 26% • Anytime TOTW 41%

6. 2012-13Startup Changes

7. 2012-13 Start up changes • Financial Independence Status (FIS) • Streamline edits and messages • FIS Petition Status Codes • Unchanged: G, J, L, M, P, Q, K, T, Z • New Definition X-Replaces U, V, W,X • New Code W-Student is independent based on response to new question, “Are you claiming financial independence from your parents?”

8. 2012-13 Start up changes (cont.) • Exemptions • Minimize income issues • IT-150 tax form • Not available for 2011 tax year • Graduate students • Non-funding notification in application process • ETA color • White from now on • Disability Date Change • Report actual date of permanent disability including dates prior to current year

9. TAP Earned Credit Report

10. TAP Earned Credit Report • Report will review all aspects of the TAP program including: • All policies and costs associated with the distribution of TAP funds • Report will include statistics on TAP recipients for the 2010-11 terms: • Students receiving TAP in each term • Students granted waivers • Students decertified for not meeting good academic standards • Credits earned in each term

11. TAP Earned Credit Report (cont.) • In December 2011, HESC will provide each school by campus code and TAP code, a file or Excel spreadsheet* with a list of students certified for TAP for each applicable term for the 2010-11 academic year • By January 17, 2012 schools will submit credits earned to HESC *Web File Transfer only

12. Grants and Scholarships Modernization

13. Purpose • Streamline, simplify processes • Eliminate edits that were based on paper applications • Combine main TAP processing system with manual scholarship processing • Give schools better information to make their job easier

14. Changes already implemented • Improvements in verifying income with NYS Department of Taxation & Finance • Collection of full last names for spouse, mother and father • Check for invalid SSN using ISIR

15. Changes already implemented • Addition of CSR data to student and school web pages

16. Changes already implemented • Comprehensive Student Status Listing • Complete picture of student’s financial aid programs administered by HESC • Data from standard TAP rosters as well as Consolidated Scholarship Rosters • Two record types – Demo and FAP

17. Changes already implemented • Comprehensive Student Status Listing • Available as file or Excel spreadsheet* • Includes data requested by schools: • Residency indicator • Deferred term information • CSR indicator *Web File Transfer only

18. Changes in progress • Improvements in displaying income information to schools • Current view

19. Changes in progress • Improvements in displaying income information to schools • New view

20. Future Changes • New Payment Roster Print • Similar to Consolidated Scholarship Roster • Like SSL Comp, will list all student’s financial aid programs administered by HESC • Expanded tuition amount, certification codes • Existing Payment Roster Print would be available for a time until schools transition over

21. Future Changes • Current Payment Roster Print

22. Future Changes • New Payment Roster Print

23. Questions?

24. HESC Contacts Norene Grose Director, Grants and Scholarships ngrose@hesc.org Todd Palmiere Manager, Application Development tpalmiere@hesc.org