Financial Assistance
A student who has financial need is given full
consideration for grants and loans. All students
are welcome to consult with the Office of
Financial Aid for information. Hunter Business
School is eligible to participate in the Federal
Pell Grant Program, Federal Supplemental
Educational Opportunity Grant (SEOG) and the
Federal Direct Loan Program.
Federal Pell Grant Program
This is a federal program for students who are
enrolled at least half-time and meet the
financial need guidelines of the program.
Applications are available in the school office.
If you have any questions regarding the
application, contact the financial aid officer at
Hunter. An Institutional Student Information
Record (ISIR) will be sent to the school. Based
on this, the amount of the applicant’s award is
determined.
Federal Supplemental Educational Opportunity Grant (SEOG)
This is a limited federal grant which is awarded
to eligible students who qualify on the basis of
financial need. As there is a limited amount of
federal funds available for this program,
applicants who demonstrate the greatest
financial need are the only students considered
for SEOG. A student who has any questions
regarding this program should contact the
financial aid officer at Hunter.
Direct Loan Program
All eligible students enrolled in a Hunter course
of study can apply for a loan through the Direct
Loan Program. Financial need must be
demonstrated through a needs analysis in
order to be eligible for a subsidized loan. Your
need is based on the cost of attendance, your
expected family contribution (EFC), and other
aid you are receiving. All eligible students can
apply for the subsidized and unsubsidized
direct loan. If the student is not eligible for the
full subsidized loan, he/she may borrow up to a
combined total of $9,500 in the unsubsidized
Direct Loan. (Loan amounts are based on
enrollment for a full academic year of 900 clock
hours).
Shorter programs have lower maximum loan
amounts. Interest on the unsubsidized loan is
accrued while the student is in school and
during the grace period. Repayment of student
loans begins six months after the last day of
attendance in school. The student may obtain
a Direct Loan application from the school or
apply on line (www.studentloans.gov) Hunter’s
financial aid officer will review all forms to
ensure that they are complete and correct.
Hunter will then complete the educational
certification and forward the application to
Direct Lending.
Parent Loan For Undergraduate Students (PLUS)
Parents of dependent students may also apply
for a loan of up to the student’s cost of
education minus any other financial aid they
will receive at Hunter. If the parents are
denied a PLUS loan, the student may then
apply for an unsubsidized Direct Loan.
Veterans’ Benefits
Hunter Business School participates in the
United States Department of Veterans’ Affairs
GI Bill, Post 911,as well as the New York State
Veterans’ Tuition Awards program.
