
Applications Now Open for Federal and State College Financial Aid
Financial Aid Programs Make College More Affordable and Attainable
Launch Aligns With College Application Initiative
Governor Kathy Hochul today announced that applications for the 2027-28 academic year are open for the New York State Tuition Assistance Program (TAP) and New York State Science, Technology, Engineering and Mathematics (STEM) Incentive Program. Additionally, the 2027-28 Free Application for Federal Student Aid (FAFSA) has opened to all students. Together, these state and federal programs can help reduce the cost of attending college by thousands of dollars. The program’s launch coincides with New York’s College Application Initiative, which runs from October to November, and helps high school seniors apply to college by waiving application fees.
“Last year, $226 million in college financial aid was left on the table in New York, and that’s money our students and families can’t afford to miss out on,” Governor Hochul said. “Through programs like TAP and the STEM Incentive Program, we’re helping put college within reach for more New Yorkers. I encourage every eligible student to apply for financial aid and take advantage of these opportunities. New York is home to some of the nation’s finest colleges and universities, and we’re focused on making higher education more accessible and attainable while ensuring a world-class education is affordable for every New Yorker.”
Tuition Assistance Program (TAP)
Since 1974, TAP has provided approximately $31 billion to 6.3 million New Yorkers. In the 2024-25 academic year alone, HESC distributed more than $778 million in TAP awards to more than 294,000 students across the state. For the 2025-26 academic year, students submitted more than 491,000 TAP applications, and more than 444,000 applications have been submitted so far for the 2026-27 academic year.
Historic changes by Governor Hochul, with the support of the legislature, made TAP available to more students through expanded eligibility. Recent changes to TAP include:
- Maximum award increased by $500 to $5,665 in 2021-22.
- Minimum award doubled from $500 to $1,000 in 2024-25, benefiting roughly 93,000 students in public and private institutions across the state.
- In 2024-25, increased income eligibility for dependent students from $80,000 to $125,000, from $30,000 to $60,000 for married students with no dependents; and from $10,000 to $30,000 for independent single students with no dependents. This resulted in 48,000 newly eligible recipients.
The Governor also expanded TAP to Part-Time students.
The Part-Time TAP program was also expanded to include proprietary colleges, making it accessible to students attending SUNY, CUNY, proprietary, and independent degree-granting colleges on a part-time basis. Students must apply for TAP for the 2026-27 academic year by June 30, 2027, and students seeking TAP for the 2027-28 academic year must apply by June 30, 2028. Students who qualify as eligible non-citizens may also apply for State aid through the Senator José Peralta New York State DREAM Act or the Alternate Eligibility Pathway.
STEM Incentive Program
The STEM Incentive Program provides tuition awards to high-performing students graduating in the top 10 percent of their New York State high school class who pursue approved STEM degrees at SUNY or CUNY. In the 2024-25 academic year, $7.65 million in STEM funding was awarded to support 1,237 students.
Eligible seniors are encouraged to apply even if they have not yet chosen the college they will be attending. High school seniors interested in the NYS STEM Incentive Program for the 2027-28 academic year must apply by August 15, 2027. Recipients must attend full time and, after graduation, live in New York and work in an approved STEM occupation for five years. Eligibility and application information is available at hesc.ny.gov/stem.
FAFSA Opens Access to Financial Aid
Completing the FAFSA is an important first step toward accessing federal financial aid including Pell Grants, work-study, and student loans, while also determining eligibility for some state and college-based aid that can make higher education affordable. In 2024-25, New York students left more than $226 million in federal financial aid unclaimed by not submitting the FAFSA.
New York students submitted more than 1.4 million FAFSA applications for the 2025-26 academic year, a 10.25 percent increase from the 2024-25 academic year. The Governor’s Universal FAFSA Completion initiative first took effect with the graduating Class of 2025. The initiative requires graduating high school seniors to complete the FAFSA, apply for financial aid through the NYS DREAM Act or opt out by completing a waiver. More than 70 percent of the Class of 2026 completed the FAFSA.
The application deadline for FAFSA and TAP for the 2027-28 academic year is June 30, 2028. Those seeking FAFSA and TAP assistance for the 2026–27 academic year must submit their applications by June 30, 2027. The FAFSA is open for the 2027-28 academic year until June 30, 2028, and for the 2026-27 academic year until June 30, 2027.
College Application Initiative (CAI)
The opening of the FAFSA and TAP aligns with the New York State College Application Initiative (CAI). During designated periods this fall, SUNY, CUNY, and participating private colleges and universities across New York State will waive college application fees. Running from October through November, CAI helps high school seniors navigate the college application process, with a focus on first-generation students and those from underserved communities, and a goal of completing at least one college application per student. In addition to saving students and families money, the initiative provides resources and hands-on support to help students complete college and financial aid applications, including the FAFSA and TAP, and take the next step toward higher education.
For a list of participating colleges and more information, visit the College Application Initiative webpage.
Visit hesc.ny.gov for eligibility details, application assistance, and information about other grants and scholarships.