Financial Aid Glossary
Financial aid is an area that is filled with acronyms and special terms. See the following table for the most commonly used terms and meanings.
| ADC | Aid for Dependent Children |
| AFDC | Aid to Families with Dependent Children |
| APTS | Aid for Part-Time Study, a program for undergraduate NYS residents enrolled for 3-11 credits per term |
| COA | Cost of Attendance. The total amount it will cost a student to go to school. |
| DL | Direct Loan Program offers student loans originated through the federal government. Empire State Collegebegan participation with this program in summer 2009. |
| DC | Distribution Center of SUNY Empire State College |
| EFC | Federal Estimated Family Contribution, what the student/family is expected to contribute towards the student's educational expenses. |
| ESC | Empire State College |
| FAO | Financial Aid office, a division of Student Financial Services. |
| FAFSA | Free Application for Federal Student Aid |
| FDLS/FDLU | Federal Direct Loan Subsidized/Federal Direct Loan Unsubsidized |
| Federal Methodology | Federal Methodology is the formula created by Congress to determine the federal expected family contribution (EFC). |
| Financial Need | Cost of attendance (COA) - expected family contribution (EFC) = Financial need |
| FSEOG | Federal Supplemental Educational Opportunity Grant, a campus-based program. |
| FWS | Federal Work Study Program, a campus-based program. |
| GAS | Good academic standing, which consists of GPA, POP and SAP. |
| GPA | Grade point average |
| GSL | Guaranteed student loan, now called the Federal Stafford Loan. |
| HESC | New York State Higher Education Services Corporation, which administers the NYS Tap program, other state scholarships and various loan programs. |
| Independent Student | An independent student is an individual who meets one of the federal independency criteria. Please see "Federal Dependency Information" for a complete list of the criteria. |
| ISIR | Institutional Student Information Record |
| LCF | Loan Counseling Form, a required form in order to receive a student loan award. |
| LCP | Learning Contract Proposal, an enrollment form. |
| Mit Circ | Mitigating circumstance, a process in which a student may file an appeal for reconsideration after failing to meet academic standards. |
| MPN | Master Promissory Note, a required form to receive loans. |
| NYS | New York state |
| PGVT | Persian Gulf Veterans Tuition Award Program |
| PELL | The federal entitlement Pell Grant Program |
| Perkins Loan | One of the campus-based programs, Federal Perkins Loan was formerly known as National Direct Student Loan (NDSL). |
| PIN | Personal identification number |
| PJ | Professional judgement in which select staff of the Financial Aid office may choose to take special circumstances into consideration while adhering to regulations. |
| PLUS | Parent Loan for Undergraduate Students, a federal student loan program for parents of dependent students. |
| POP | Pursuit of program, criterion for maintaining good academic standing for eligibility for New York state financial aid. |
| Priority Deadline | The priority deadline is the date that we must have received all data in order for the student to be reviewed and aid to be processed by the payment deadline of each term. |
| SAO | Student Accounts office, a division of Student Financial Services. |
| SAP | Satisfactory academic progress. Students must maintain SAP to receive financial aid. |
| SAR | Student Aid Report, a document students receive after filing the FAFSA. |
| SS | Social Security |
| SSN | Social Security number |
| SUB | Federal Subsidized Loan |
| SUNY | State University of New York |
| SUSTA | State University Supplemental Tuition Award |
| TAP | New York state Tuition Assistance Program, a program for undergraduate NYS residents enrolled full time. |
| TEACH | Teach Education Assistance for College and Higher Education Grant, available to non-M.B.A. graduate students at Empire State College. |
| Third Party Sponsorship | Third-party sponsorship is tuition assistance provided through an employer, union or other organization, to a member of that organization. |
| UNSUB | Federal Unsubsidized Loan |
| VA | Veterans Administration |
| VERIF | Verification, a process in which students are randomly selected to submit additional information in order to determine financial aid eligibility. |
| VESID | Vocational and Educational Services for Individuals with Disabilities, formerly OVR. |
| VVTA | Vietnam Veterans Tuition Assistance Program |
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Student Financial Services Home
Contact us
Fax: 518-581-2782
Mailing Address:
Empire State College
Financial Aid
111 West Avenue
Saratoga Springs, NY 12866
Questions? Contact the student information center at 518-587-2100 or 800-847-3000.
FAFSA Info
Code: 010286
Name: SUC Empire State College
TAP Codes
Undergraduate: 0913
Graduate: 5680
Announcements
The priority deadline to apply for financial aid for the 2013-2014 academic year is April 1, 2013.
