Federal Pell Grant
A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded to undergraduate students who have not earned a bachelor's degree. Grant amounts depend on: the student's expected family contribution (EFC); the institution's estimated cost of attendance; the student's enrollment status (full-time, part-time, three-quarter time, or less than half-time); and whether the student attends for a full academic year or less. Students may not receive Federal Pell Grant funds from more than one school at a time.
Books & Supplies: A NYSID student who had been awarded a Pell Grant may be eligible to use a portion of their financial aid to purchase books and supplies in the NYSID Bookstore beginning the first day of the semester. If a student's aid is more than their tuition and fees and financial aid funds have been authorized, the NYSID Bookstore will issue a voucher in the amount of the excess aid to buy books and supplies. The student may opt to not use this excess aid in the bookstore if they so choose and the money will be disbursed as scheduled with the rest of their aid package. If a student uses the voucher in the bookstore and withdraws completely from the college or drops all classes for the semester, they may be required to return those funds to NYSID before being allowed to re-enroll or have their records released.