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Pace students near Alumni Hall on the Pace Westchester campus

General Eligibility

One of the most important things to know in Financial Aid is your eligibility. Make sure you know what you need to do to establish and maintain your eligibility along with what types of aid you qualify for. To be considered eligible for most financial aid programs a student must: be matriculated (accepted for and enrolled in a degree program, or certain certificate programs), be enrolled in at least six credits per semester, be making satisfactory academic progress, demonstrate financial need (for need-based aid), and file the by November 15 (for priority consideration). There are very few exceptions to these basic eligibility criteria, and many financial aid programs have additional eligibility criteria. The basis of selection for most awards is ability and/or financial need.

Eligibility CriteriaÌð¹ÏÊÓƵ Aid ProgramsFederal Student Aid ProgramsNew York State Aid Programs
Must file a Free Application for Federal Student Aid (FAFSA) each year.Yes*YesYes
Must be admitted as a matriculated student in a degree or certificate program at Ìð¹ÏÊÓƵ.YesYesYes
Must be enrolled in at least 6 credits per semester (except for Pell Grants).YesYesYes**
Must be making Satisfactory Academic Progress toward degree.YesYesYes
Must demonstrate financial need (for need-based aid)YesYesYes
Must be a U.S. citizen or eligible non-citizen (permanent residents, certain refugees).Yes*YesYes***
Must be registered for the Selective Service (only applicable to males aged 18 and older).NoYesNo
Must not be in default of a federal student loan.NoYesYes
Must not owe a repayment on a Federal student grant.NoYesYes
Must have and provide a valid Social Security Number.Yes*YesYes
Combination of Federal aid and all other aid received may not exceed the Cost of Attendance.YesYesYes

***Indicates recipients must be a New York State resident for over one year.
**Indicates to refer to New York State Guidelines (most require 12 credits or more).
*Indicates not required to renew Ìð¹ÏÊÓƵ merit-based scholarships.

Additional Information

Ìð¹ÏÊÓƵ students can receive financial aid awards from Ìð¹ÏÊÓƵ, the federal government, New York state, and other organizations. Each entity establishes it's own eligibility criteria and specific renewal requirements.

Notice Of Federal Student Financial Aid Penalties For Drug Law Violations

A student convicted of a Federal or state drug offense that occurred during a period of enrollment for which the student was receiving Title IV Federal financial aid is ineligible for Federal student aid.

The chart below illustrates the period of ineligibility for federal student aid funds.

Number of OffensesPossession of Illegal DrugsSale of Illegal Drugs
1st Offense1 year from date of conviction2 years from date of conviction
2nd Offense2 years from date of convictionIndefinite period
3rd Offense and beyondIndefinite periodIndefinite period