
Ongoing Efforts Propel New York State to 6th in Nation for FAFSA Completions as Work Continues To Close the Financial Aid Gap
New FAFSA Dashboard Provides an Interactive Snapshot of the FAFSA Completion Status and Financial Aid Navigator Helps Students Maximize New York State Financial Aid
Scholarship Applications Opened on April 1 To Support Future Educators and High-Need Careers
Governor Kathy Hochul issued a proclamation declaring April 2026 as Financial Aid Awareness Month in New York State, reaffirming the state’s commitment to breaking down barriers to higher education. This year’s campaign, titled “You Belong,” aims to equip students and families with the tools and resources needed to navigate the financial aid process, emphasizing that there’s a college for everyone in New York State.
“New York is dedicated to empowering every student with access to higher education,” Governor Hochul said. “By expanding financial aid resources and introducing innovative tools, we’re not just helping students and families maximize financial aid, we are investing in their future. During Financial Aid Awareness Month, I encourage every student to complete their FAFSA and TAP applications and take full advantage of the resources available to support their success and ease the financial burden of college.”
New York’s ongoing efforts to raise awareness and provide support resulted in over 155,000 students completing the FAFSA, and 45,020 submitting a NYS TAP application during Financial Aid Awareness Month in 2025. This milestone represents a significant step forward in helping students secure the financial aid they need to achieve their educational goals.
New York's Financial Aid Milestones
Building on Governor Hochul’s landmark expansion of TAP and her launch of the universal FAFSA completion initiative, beginning with the graduating class of 2025, New York is now ranked 6th in the nation for FAFSA submissions. This milestone reflects the state’s ongoing effort to close the financial aid gap and ensure students have access to the resources they need for higher education.
The expansion of TAP, made possible with the support of the legislature, has introduced transformative changes, including raising the minimum award from $500 to $1,000 and increasing the maximum income eligibility. These enhancements have driven significant growth in TAP applications overall, underscoring the impact of the changes. For the 2024-25 academic year, New York students submitted 433,461 TAP applications. While applications for the 2025-26 academic year remain open until June 30, 2026, the number has already climbed to 473,233, reflecting that New York is meeting the demand for financial support. FAFSA submissions have also risen steadily, with 1,303,628 applications submitted for the 2024-25 academic year and 1,397,473 submissions already received for the 2025-26 academic year.
New Tools and Support Help Students and Families Navigate Financial Aid
Throughout April the New York State Higher Education Services Corporation (HESC) will host over two dozen events to help students and families understand the financial aid available to them and navigate the FAFSA and TAP application processes. These events will provide one-on-one support, expert guidance and resources to maximize financial aid opportunities. CUNY launched a Financial Literacy Video Series for Students and the student financial services resource centers across CUNY campuses are open to provide one-on-one in-person or virtual assistance.
As part of its continued efforts to improve access to financial aid information and support, HESC launched new tools and enhanced services designed to support students, counselors, financial aid professionals and partners. These include:
- Financial Aid Navigator: A step-by-step tool that guides students through a series of questions about their academic plans, residency, and household information to generate a personalized list of New York State financial aid programs they may be eligible for, including grants, scholarships and tuition assistance opportunities.
- FAFSA Completion Dashboard: An interactive dashboard that provides a monthly snapshot of FAFSA completion rates among New York’s high school seniors and serves as a key tool for tracking progress statewide. Users can compare New York’s cumulative completion rate to the national average and explore data at the high school, school district, regional and legislative district levels to support targeted outreach and student success efforts.
- Modernized Call Center: HESC enhanced its call center operations, ensuring students and families have the opportunity to connect directly with representatives, eliminating the need for appointments, and making it easier to get timely answers to financial aid questions. Students wishing to speak with HESC can call 1-888-NYSHESC (1-888-697-4372).
Financial Aid Scholarships Available for Students
Governor Hochul continues her commitment to preparing New York’s future workforce for high-need job areas through scholarship opportunities.
Applications are now open for the NYS Masters in Education Teacher Incentive Scholarship as well as the NYS Math and Science Teaching Incentive Programfor the 2026-27 academic year. These programs aim to support students pursuing careers in education, particularly in math and science teaching fields which are essential to addressing workforce shortages and shaping the next generation of workers. Additionally, applications remain open for the NYS STEM Incentive Program, which is open to eligible students in the top 10 percent of their graduating class who are interested in entering high-demand science, technology, engineering and math professions.
Students attending college for the 2025-26 or 2026-27 academic years can apply for TAP through June 30, 2026 and June 30, 2027, respectively. Students should also complete their FAFSA by the same deadline.
Students who do not meet citizenship or residency requirements can apply for NYS financial aid through the NYS DREAM Act.
Enhancing New York Student Borrower Support Campaign
As the federal financial aid landscape evolves, New York is taking proactive steps to address the challenges faced by student borrowers. With federal changes to student loan policies set to take effect in 2026, including the elimination of existing repayment options and new limits on loan access, navigating the borrowing process has become increasingly complex. Recognizing the urgency of these changes, Governor Hochul is expanding services through the Education Debt Consumer Assistance Program (EDCAP) to provide critical support and guidance to borrowers.
EDCAP — New York’s first-in-the-nation student loan consumer assistance program, which has saved New Yorkers $54 million since its inception in 2019 — will launch an aggressive campaign to reach, assist, and educate thousands of delinquent or soon-to-be-delinquent student loan borrowers by partnering directly with colleges and universities, with a focus on public institutions, to deploy a robust triage model that combines webinars, self-paced tools, and one-on-one counseling. The Department of Financial Services will also develop a new education program to inform individuals about predatory lending and provide additional consumer outreach efforts. Together, these actions will help student borrowers comply with evolving rules, access support services to exit and recover from delinquency, and avoid predatory lending schemes.
For more information on all New York State grants, scholarships and loan forgiveness programs and events visit hesc.ny.gov.
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