Recently in financial aid Category

Stephen Burd - The Higher Ed Watch Blog

"The Obama administration on Thursday laid out a bold plan that would turn the Pell Grant program into a true entitlement for low-income students and pay for it in part by eliminating the Federal Family Education Loan (FFEL) program once and for all...

The Obama administration doesn't see the need to keep propping up FFEL when there is a less costly, more stable alternative in place. "The Direct Loan program, which uses market processes to determine subsidy payments to servicers, has suffered no disruptions and continues to function at lower cost to taxpayers," the budget overview states. "The Administration's goal is to continue to tap low-cost, stable sources of capital so students are ensured access to loans.""

To read complete article, http://www.newamerica.net/blog/higher-ed-watch/2009/obamas-bold-proposal-10376

FInancial Aid at NYCTCM

For questions about financial aid programs at New York College of Traditional Chinese Medicine in Mineola, NY please visit the NYCTCM website financial aid page. You can reach the NYCTCM Financial Aid office by phone at contact the Financial Aid office by phone at 516-739-154.Information on financial aid is also presented at NYCTCM Open House's for prospective students. 

As of June 2009 NYCTCM offers the following financial aid programs:

NYS Tuition Assistance Program (TAP) grants, and Federal Stafford Loans, subsidized and unsubsidized, FFEL loans and PLUS loans.

Prospective students are invited to attend an NYCTCM Open House for an overview of the Acupuncture school & Traditional Chinese Medicine school programs, a tour of the facility, open discussion, and information on the application process.

At Saturday Open House events you are welcome to extend your visit as a Guest Student. You have an opportunity to sit in on classes, meet current students and faculty, speak with our financial aid manager and have an admissions interview. You may also have a complementary treatment in the NYCTCM Teaching Clinic.

Contact the admissions office for more information about our Guest Student Program. If Open House dates do not match your schedule contact the admissions office to arrange a date and time that is convenient for you. A personal admissions appointment can be the best way to have your questions answered and to review your prior studies for transfer credit. Day, evening and weekend appointments are available.

The Guest Student option is available on most Saturdays.

Spring Trimester dates: May 4, 2009 to August 20, 2009.

Manhattan Open House events

Location: NYCTCM Manhattan Center, 13 E 37th St. 4th floor, New York, NY 10016

Thursday March 19, 6:30 - 8:00 pm.


Mineola Open House events

Location: NYCTCM, 155 First St., Mineola, NY 11501

Saturday, March 21 - 10:30 am to 12 noon

Saturday, April 4 - 10:30 am to 12 noon

There is an option to be a guest student after the Open House. Appointments with the Financial Aid office are available.

Contact: Please call (516) 739-1545 to reserve your spot or email

The Economic Stimulus Package may help students with tax breaks and increased borrowing amounts fir Federal Unsubsidized loans..

"Student Aid.

The legislation would... increase the annual (by $2,000) and aggregate (by $8,000) limits on how much undergraduates can borrow in federal unsubsidized loans. And it would combine the current Hope tax credit and an existing tax deduction for college expenses into a new tax credit, proposed by Democratic Reps. Lloyd Doggett of Texas and Tom Perriello of Virginia, which could for the first time be used to cover textbooks and other course materials.

And perhaps most importantly, up to $1,000 of the $2,500 annual amount of the new tax credit would be refundable, which means that families that pay less than that amount in federal taxes could still be reimbursed for the funds they spent on college. Many advocates for low-income students have viewed tax credits as flawed, among other reasons, because they are not available to students from families too poor to pay taxes."

InsideHigherEd.com for complete article.

This site allows you to search specific pages of the Stimulus Bill , The American Recovery & Reinvestment Act of 2009 Source » House Democrats, January 15th 2009

Financial Aid at New York College of Traditional Chinese Medicine

New York College of Traditional Chinese Medicine participates in these financial aid programs.

• TAP (New York State Tuition Assistance Program),
  
• Stafford Loans,
  
• Federal Family Education Loan (FFEL) Program and
  
• Plus Loans for Graduate & Professional Students.
  

See NYCTCM Financial Aid for more information.