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Financial Aid Calculators

CUNY Financial aid calculator

The CUNY website now has available a Financial Aid Estimator to calculate the financial aid awards you may receive if you attend CUNY for Spring 2007. It will let you see the cost of attending CUNY as well as the amount of financial aid available to you to meet these costs. This information can help you compare costs at CUNY to those of other institutions so that you can determine which colleges are most affordable for you.

In order for CUNY to give you a financial aid estimate, we will ask you to supply your Expected Family Contribution (EFC), which is found on your Student Aid Report (SAR). You received this when you filed your Free Application for Federal Student Aid (FAFSA). If you have not yet completed and submitted your FAFSA, you may do so by going to www.fafsa.ed.gov.

Beginning January 1, 2007 you can submit your FAFSA for the 2007-2008 school year. When you receive your SAR with your EFC, please return to this site to obtain your CUNY financial aid estimate. To access the Financial Aid Estimator, click here or go to the financial aid home page www.cuny.edu/financialaid and click on the Financial Aid Estimator link on the right.

HESC TAP Calculator

New York State TAP 2005-06 Award Calculator The linked pages are not an application for TAP and they only produce calculated awards. The calculated award is only for full-time study at one college or school.
ww.hesc.com/bulletin.nsf

Expected Family Cost Calculators

This form is used to calculate the Expected Family Contribution (EFC) and financial need, and to estimate your student financial aid.
http://www.finaid.com/calculators/finaidestimate.phtml

Estimated Family Cost Calculator (EFC) - estimate how much your family will be expected to pay.
http://apps.collegeboard.com/fincalc/efc_welcome.jsp

This form is used to prepare an approximation of the Expected Family Contribution (EFC). The results are only an approximation of the Federal EFC figure that is calculated when you file the FAFSA form.
http://www.finaid.com/calculators/quickefc.phtml

College Search

Use the College MatchMaker to find colleges that meet all of your needs or use the College QuickFinder to explore a school already familiar to you.
http://apps.collegeboard.com/search/index.jsp

College Cost Calculators

Use these calculators to see how much college will cost by the time you enroll.  http://apps.collegeboard.com/fincalc/college_cost.jsp  http://www.finaid.com/calculators/costprojector.phtml

College Savings Calculators

Use these calculator to see how much money you'll need for college, whether you're on track to save enough, and what you need to do to reach your goal.
http://apps.collegeboard.com/fincalc/college_savings.jsp

http://www.finaid.com/calculators/savingsplan.phtml

Dependency Status

This form is used to determine whether you are a dependent student or an independent student according to the Federal Need Analysis Methodology.
http://www.finaid.com/calculators/dependency.phtml

Student Loans

This calculator will help you understand your student loan repayments in relation to your possible starting salary.
http://www.finaid.com/calculators/loanpayments.phtml

This Student Loan Advisor provides you with an estimate of the amount of educational debt you can reasonably afford, given the expected starting salary for your major.

For undergraduate students:
http://www.finaid.com/calculators/undergradadvisor.phtml

For Graduate students:
http://www.finaid.com/calculators/mastersadvisor.phtml

For Doctoral students:
http://www.finaid.com/calculators/doctoraladvisor.phtml

Parent Loan Calculators

If you are planning on borrowing for your child's education, you need to know your capacity to take on additional debt.
http://apps.collegeboard.com/fincalc/pardebt.jsp

If you are considering borrowing for your child's education, this worksheet will calculate your monthly repayments based on the repayment period.
http://apps.collegeboard.com/fincalc/parpay.jsp

Savings

This calculator shows you how much money you must contribute each month to an interest-bearing bank account or investment fund in order to reach your savings goals.
http://www.finaid.com/calculators/savingsplan.phtml

Instead of calculating a fixed dollar amount to save per period, it calculates a percentage of your gross income.
http://www.finaid.com/calculators/savingsplanpercent.phtml

This Savings Growth Projector illustrates how regular contributions to an interest-bearing bank account or investment fund will grow due to compound interest.
http://www.finaid.com/calculators/savingsgrowth.phtml

Budgets

The Student Budget Calculator calculates the difference between your expenses and income, identifying when you are spending beyond your means.
http://www.finaid.com/calculators/studentbudget.phtml