Welcome to the Financial Aid Portal. We are here to help you smoothly navigate the financial aid process. Should you need our assistance, please contact us. Our contact information is listed below.
Natasha Bates, Financial Aid Counselor
Laura Burns, Director of Financial Aid
Phone (315) 364-3289
Fax (315) 364-3445
Financial Aid Office
170 Main St.
Aurora, NY 13026
NYS TAP: 1050
One-Time Student Loan Debt Relief:
The Biden-Harris Administration and the U.S. Department of Education recently announced a one-time loan forgiveness program for federal loans that are being held by the Department of Education as of June 30, 2022. Per the studentaid.gov/debt-relief-announcement/one-time-cancellation website, you may be eligible for federal loan debt relief if your annual federal income was below $125,000 for individuals or $250,000 for households. If you were enrolled during the 2021-2022 academic year as a dependent student when filing the FAFSA, your eligibility will be based on parent income.
Summary of the plan:
- Up to $20,000 in debt relief if you received a Federal Pell Grant while in college and meet the income threshold
- Up to $10,000 in debt relief if you did not receive a Federal Pell Grant while in college but meet the income threshold
Steps that the Department of Education has suggested that you can be taking while you are waiting for the application to become available:
- View your loan balance or check to see if you have received a Federal Pell Grant. Log into your Federal Student Aid account online at studentaid.gov. Select “My Aid” in the dropdown menu. In the “loan breakdown”, you will be able to view the loans that are currently being held by the U.S. Department of Education. Please review your contact information and make sure it is up to date.
- Review who your loan servicer is via the account dashboard. Your loan servicer was assigned to your loans when they were disbursed. Your loan servicer can also be found under the “My Aid” section. Make sure your servicer has your correct contact information.
- Sign up for notifications from the U.S. Department of Education via ed.gov/subscriptions.
If you are interested in applying for this debt forgiveness, you will need to apply. The application is scheduled for release later this month (date has yet to be released).
If you have additional questions on this opportunity, please visit studentaid.gov/debt-relief-announcement.
*State and local tax implications on the debt relief will vary.