Financial Aid Process

The process of awarding financial aid begins with completing the Free Application for Federal Student Aid (FAFSA). The FAFSA is a thorough analysis of the student’s and/or student’s family’s financial situation, including income, assets, household size and number of family members in college. The federal government, based on financial information provided on the FAFSA, determines the Expected Family Contribution (EFC). The EFC determines your federal student aid eligibility and financial aid award; it does not indicate the actual amount owed. Financial need is defined as the difference between education cost and the EFC.

March 1 is UB’s priority FAFSA filing date to be considered for campus-based funds, such as Federal Work Study, Supplemental Educational Opportunity Grant (SEOG), Federal Perkins and Health Professions loans.

Residents of New York State may also be eligible for the New York State Tuition Assistance Program (TAP). Students apply each year by completing the TAP application using the link that appears on the confirmation page when you first submit your FAFSA electronically or by visiting the HESC website. The personal identification information provided on the FAFSA will transfer to the Express TAP Application (ETA).

Once the EFC and unmet financial need are determined, the Office of Financial Aid will use all resources available to determine an appropriate award package. There are three basic components of financial aid that comprise a student’s individual award package: grants and scholarships (do not need to be repaid), jobs (on-campus Federal Work Study positions), and loans (must be repaid).

Students with specific questions about financial aid should visit the Office of Financial Aid website or call 716-645-8232 to speak to a customer service representative or to make an appointment with their assigned financial aid advisor.

Information subject to change without notice due to changes in federal, state and/or institutional rules and regulations.

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