Independent graduate students may borrow additional funds through the William D. Ford Federal Direct PLUS Loan program. The U.S. Department of Education assigns the borrowed loan(s) to an affiliated servicer. Parents or independent graduate students may borrow any amount up to the cost of education minus any other financial aid awarded. Eligibility will be based upon a satisfactory credit check as decided by the U.S. Department of Education.
Understanding Financial Aid can be difficult for many people. This page offers some basic information as you research your options.
How much can I borrow? Your borrowing limits can be found on this page.
The following grants can provide financial assistance to eligible students. Students in certificate programs are not eligible.
The TEACH Grant is a federal program that encourages teachers to work in high-need teaching areas in K-12 low-income schools.
It allows for a grant of up to $4,000 per year for students in qualifying programs in exchange for recipients serving as full-time highly-qualified teachers in a high-need field within a low-income school upon graduation.
If the teaching service years are not fulfilled within eight years of graduating or leaving the qualifying program, the grant is converted into a Federal Direct Unsubsidized loan with interest, and must be repaid in full.
Teachers are responsible for gaining employment within these parameters by themselves. No formal assistance is provided by Manhattan College.
It is a conditional, non-need based grant for eligible students studying to begin a teaching career in a “high-need” field. It is not a loan.
$4,000 can be awarded per year to full-time students (maximum funds of $8,000 total for the duration of a graduate program).
Includes all institutions attended combined.
Students with a less than full-time enrollment status will receive prorated amounts.
New York State Math and Science Teaching Incentive Program
The NYS Math and Science Teaching Incentive Program is offered to encourage students to pursue careers as secondary math and science teachers (grades 7-12). Awards are made to students in exchange for five years of full-time employment as secondary education math or science teachers in New York State.
must be a U.S. citizen or eligible non-citizen
must be attending a college located in NYS
must be matriculated in an approved undergraduate or graduate program full-time at a degree-granting institution in NYS leading to a career as a secondary education math or science teacher
must have a cumulative grade point average (GPA) of 2.5 or higher
must execute a service contract agreeing to work full-time for five years as a secondary education math or science teacher in NYS
must not be in default on a student loan made under any NYS or federal education loan program or repayment of any NYS award
must be in compliance with the terms of any service condition imposed by a NYS award
MBK Grant Program
New York State’s My Brother’s Keeper initiative is designed to encourage school districts, colleges and universities, and community groups to join forces to improve life outcomes for boys and young men of color. To this end, grant opportunities are available in specific areas to develop programs and strategies to help boys and young men of color and all students realize their full potential. You can read more information about the program here.