Admissions

 

Financial Aid

Although Five Towns College is a modestly priced private institution, we recognize that college tuition may be expensive for some students. Five Towns College provides a full service Financial Aid Office to help students and their families. Approximately 68% of all FTC students receive some financial assistance. The Financial Aid Office administers several million dollars of student aid monies every year. FTC students are eligible to participate in all Title IV Student Financial Assistance programs, including Pell, FSEOG, FCWS, and the Direct Student Loan Program. New York State residents may also participate in the Tuition Assistance Program (TAP). Five Towns College also administers more than one million ($1,000,000) in private grants and scholarships to deserving students each year. For applications and the specific requirements for each financial aid program, students should contact the Five Towns College Financial Aid Office at (631) 424-7000 ext. 2164 as early as possible or send an email stating their specific request(s) to financialaid@ftc.edu.

 

STEPS FOR FINANCIAL AID:

In order to receive your Financial Aid Award Letter in a timely fashion we recommend you file the FAFSA by April 30th or as soon as possible. If you (and parents of dependent student) already have PIN, you may skip to Step 3.

 

1. Apply for a PIN (Personal Identification Number). Students, and parents of dependent students, will need to obtain their own PIN in order to complete the FAFSA.  Go to HTTP://WWW.PIN.ED.GOV

 

2. File for FAFSA
Go to this government website to file your FAFSA:   HTTP://WWW.FAFSA.ED.GOV 
● Five Towns College Federal School Code: 012561
REMEMBER the FAFSA is FREE.  Make sure this is the web address you go to. If a site requests payment from you at the end of the FAFSA application completion, cancel it and check the website address. 

 

3. File for NYS TAP:
Go to this NY State website to apply for TAP Grant:   HTTP://WWW.HESC.COM
Five Towns College New York State H.E.S.C. Codes are:

• Undergraduate - 2075
• Graduate - 5810

Send the Financial Aid Office any requests and/or award letter(s) you receive from NYS HESC.

 

4. Complete the Five Towns College Data Verification Statement:
The Financial Aid Office will send you the Data Verification Statement to complete upon receipt of your FAFSA.  You may also obtain a form directly from the Financial Aid Office.

• A fully completed and signed form is required of all students wishing to attend Five Towns College and receive Financial Aid.

 

5. If you are selected for Verification, please see the Student Aid Report provided to you by the Federal Central Processing Service, you MUST complete Verification prior to aid being awarded.

• The Financial Aid Office will send an instruction letter and the appropriate Verification Form to be completed and returned.
• Students/families selected for Verification must request Tax Transcript Records directly from the IRS and provide them to the Financial Aid Office.
• This step is imperative to awarding and processing any financial aid.

 

6.  Send a copy of student's driver's license and Social Security card.

• If required, the Financial Aid Office may request additional information.

 

7. If applicable, send a copy of 2011 award letter(s) for any non-taxable income for all permanent family members receiving benefits (TANF, Social Security, Free Reduced Lunch, WIC,etc) along with the FTC Data Verification Statement.

 

8. Upon receipt of your completed Data Verification Statement, the Financial Aid Office will begin awarding your aid. Awards may include:

• Federal and State Grants
• FTC Scholarships/Grants
• Federal Direct Student Loans

 

If you will receive scholarships form another source not mentioned here, it is required that you inform the Financial Aid Office of the amount and the entity granting the award.

 

9.  An Award Letter Notification and cover letter will be mailed to the student upon completion of all paperwork and review of documentation.

 

10. The Award Letter Notification must be signed and returned to the Financial Aid Office in order for aid to disburse to student’s account.

 

 

FINANCIAL AID DATA

(Based upon Fall 2008 Semester Enrollment Data)

 

1. Enrolled Undergraduate Students

                                                                

                                                                         Number                   Percentage

●Total Number of FT and PT Students  ............. 1,117  .................... 100%

 

2. Students Receiving Grant or Scholarship Aid from the Federal Government, a State or Local Government, Five Towns College, and Other Sources Know by the College

 

                                                                      Number                  Percentage of All

                                                                                                     Enrolled Students

● Students Receiving Grant or  ............................ 845  ....................... 76%

Scholarship Aid

 

3. Students Receiving Pell Grants

 

                                                                         Number            Percentage of All

                                                                                                  Enrolled Students

● Students Receiving Pell Grants  ........................ 353  ....................... 32%

 

4. First -Time, Full-Time, Degree-Seeking Students Receiving any Federal Work Study Loans to Students, or Grant or Scholarship Aid from Federal, State or Local Governments, Five Towns College, or Other Sources Known to the College

 

                                                                       Number                Percentage of

                                                                                              First-Time Students     

Grants or Scholarships from  ............................ 261  ....................... 85%

Federal, State, or Local

Governments or Five Towns College

Federal Grants  ................................................ 109  ....................... 37%

Pell Grants  ...................................................... 109  ....................... 37%

Other Federal Grants  ...................................... 104  ....................... 35%

State/Local Government Grants  ........................179  ........................60%

or Scholarships

Five Towns College Grants  .............................. 176  ........................59%

Loans to Students  .............................................196  ........................66%

Federal Loans  ...................................................193  ........................65%

Other Loans  .......................................................32  .........................32%