Navigating financial aid as an adult learner or online college student can feel overwhelming. Beyond the basics, you may have specific questions about how financial aid applies to your unique situation. Fortunately, Julieta Schiffino, Associate Director of Financial Aid Services, is here to help.
In this guide, we answer common financial aid questions and provide essential advice for graduate, online, and returning adult students.
Financial Aid for Graduate, Online, and Adult Students: FAQs and Expert Tips
As an adult student or online student, are you wondering about financial aid eligibility or usage? Here are some of the most frequently asked questions:
- Can graduate students receive financial aid?
- Is financial aid available for online students?
- Can I apply for financial aid if I attended college years ago but didn’t finish?
- When is the best time to apply for FAFSA, and is it ever too late?
- Can I use financial aid for books and technology?
- Who can help me complete my FAFSA?
- When is the first tuition payment due?
- How do college payment plans work?
Read on for detailed answers and insights.
Financial Aid for Graduate, Online, and Adult Students
1. Graduate Students
Graduate students are eligible for financial aid, but the options differ from those available to undergraduates. Financial aid for graduate students typically includes:
- Federal student loans
- Work-study programs
- Private scholarships
While grants are less common for graduate students, completing the FAFSA at studentaid.gov is still the first step to determine your eligibility.
2. Online Students
Both undergraduate and graduate students enrolled in online programs can apply for financial aid. The process is the same as for on-campus students. Be sure to complete your FAFSA to access federal and state aid opportunities.
3. Adult Learners Returning to College
If you attended college years ago and are now returning, whether on campus or online, you can still apply for financial aid. There is no age limit for federal aid. Adult learners should complete the FAFSA like any other student.
However, part-time students or those returning to college may not qualify for programs like the Excelsior Scholarship, which requires full-time enrollment.
Timing: When to Apply for FAFSA
When Is the Best Time to Apply for Financial Aid?
Start your FAFSA application about a year before your intended enrollment date. The FAFSA opens annually on October 1st. It’s never too late to apply for financial aid within the academic year. However, applying early maximizes your chances of receiving aid like federal work-study, which can run out. Even if you’re applying close to the start of the semester, you can still qualify for aid like Pell Grants or TAP, depending on your income.
Using Financial Aid for Books, Technology, and More
If you have financial aid remaining after tuition and fees are covered, you can use it for:
- Books
- Technology (e.g., laptops or software)
However, financial aid cannot typically be used to pay your enrollment deposit, as aid is disbursed after you’re enrolled. Some campuses allow estimated awards to cover tuition, so you won’t need to pay upfront if your aid covers the costs.
Getting Help with the FAFSA
Need assistance completing the FAFSA? Here are your resources:
- Campus Financial Aid Offices
Many campuses, especially community colleges, offer FAFSA completion assistance. Contact your school’s financial aid office for help. - SUNY Financial Aid Events
SUNY hosts Financial Aid Days and virtual workshops to guide students through the application process. - FAFSA Website
Visit the official FAFSA site for resources, live chat support, and a helpline.
Understanding Tuition Payments and Payment Plans
When Is Tuition Due?
Tuition due dates vary by campus. Check your college’s billing calendar to find:
- Payment deadlines
- Refund deadlines
- Withdrawal dates
Understanding these timelines is crucial, as they can impact your financial aid and academic record.
How Do Payment Plans Work?
If paying tuition upfront is challenging, consider setting up a payment plan. Contact your campus’s Student Accounts or Bursar’s Office for details.
- Most plans divide tuition into 4-5 installments per semester.
- There’s typically a small application fee but no interest.
Take the Next Step with SUNY
Whether you’re a graduate, online, or returning adult student, financial aid can make achieving your education goals more accessible. SUNY offers financial aid resources to help you navigate every step of the process.
Ready to get started? Complete your FAFSA today and connect with SUNY for personalized guidance. SUNY hosts online and in-person financial aid sessions throughout the year.
