A bill has been passed suspending payments and interest accrual on Federal Direct
Loans and Federal Family Education Loans (FFEL) held by the Department of Education
have been until September 30, 2021. For more information on the COVID-19 emergency
relief flexibilities, visit
Economic Hardship Deferment or Unemployment Deferment options may be available for
you. Please contact the Student Loan Servicing Center for additional information:
The Department of Education has suspended the in-person submission or notarized document
requirement. While the documents will still be required, they may instead be submitted
in person or electronically, via email, through uploading photos, or through the school’s
portal. Please review your SOLAR account for instructions.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress
and signed into law to provide economic relief from COVID-19. One section of the CARES
Act established the Higher Education Emergency Relief Fund (HEERF) and sent money
to schools to use for emergency financial aid grants to students for expenses related
to the disruption of campus operations due to the pandemic. These grants are not meant
to offset loss of income, student or family job loss, or pay for other family expenses.
The goal of these funds is to provide financial assistance to a wide range of students
in a timely manner in order for them to maintain access to education.
The Higher Education Emergency Relief Fund II (HEERF II) is authorized by the Coronavirus
Response and Relief Supplemental Appropriations (CRRSA) Act of 2021 and includes resources
that can go directly to eligible students to cover educational expenses or emergency
costs due to the COVID-19 pandemic. In order to qualify for funding, students must
have a valid 20-21
FAFSA on file, meet federal financial aid eligibility requirements, and demonstrate financial need.
You must complete the FAFSA (Free Application for Federal Student Aid) at www.fafsa.ed.gov.
The FAFSA becomes available for completion on October 1st of the prior year. The University
filing deadline is February 15th. Stony Brook's federal school code is 002838.
The Expected Family Contribution (EFC) is the amount that the student's family is
expected to contribute towards the Cost of Attendance. The U.S. Department of Education
uses Federal Methodology (FM) to calculate your financial aid eligibility. FM takes into account:
Your family income (including student's if dependent)
The # of family members
The # of brothers and sisters in college
Cost of Attendance, also referred to as a financial aid budget, is an estimate of your educational expenses
for the period of enrollment. This budget consists of two parts, direct costs and
Direct Costs are paid to the University and includes tuition, university fees, an
average room and meal costs (if living on campus).
Indirect Costs are estimated additional educational expenses that you may incur during
the enrollment period such as average loan fees, a living allowance for room and meals
(if living off-campus), transportation costs, and an allowance for personal expenses.
These costs are not paid directly to the University. Additional educational expense
allowances (such as childcare expenses) may be added to the standard budget upon receipt
of request and supporting documentation.
A SOLAR To Do List item will be assigned. Directions will be provided in the To Do
List item detail. In addition, you will be notified via e-mail.
Subsidized loan - Interest is paid for by the federal government while the student
is enrolled in school. Students must qualify for need-based aid in order to be eligible
for this loan.
Unsubsidized loan - Student is responsible for interest during the life of the loan,
even while enrolled in school. Student can elect to pay the interest while in school
or they may choose to allow the interest to accrue (accumulate) and capitalize (add
to the principal amount of the loan). Capitalizing the interest will increase the
amount of loan when in repayment.
Students who have submitted a valid FAFSA and who have also enrolled for summer classes
will automatically be awarded a summer financial aid award package. Please see
Summer Financial Aidfor more details.
The Master Promissory note for Stafford loans can be completed electronically atwww.studentloans.gov.
We recommend that you wait until all of your term charges have been posted prior to
applying for a Parent Plus Loan. This will allow you to make a more informed decision.
parent web pagefor Parent Loan process.
All requests to establish residency are handled by Student Accounts. You can read
about residency requirements and download the residency questionnaire at:
Click Financial Aid, which can be found in the Student Financial Services section.
Click View & Accept Decline FinAid.
Click the appropriate Aid Year.
Scroll to the term in question.
Click View Scheduled Disbursements.
Note: Scheduled disbursements display the earliest date an award can disburse. If
the scheduled disbursement date has passed, and your aid has failed to disburse there
is something unfinished that needs to be addressed. Please check to see if you have
any To Do List items.
Listed below are the common reasons that would impact loan disbursement.
You are not enrolled and attending at least 6 credits.
Loan funds are disbursed to the University in two disbursements, one for the fall
and one for the spring semester at the beginning of each term. The scheduled disbursement
date for all summer Federal Direct loans begins JULY 1. You must be enrolled at least
half time (6 credits) in order for any loan disbursement to occur.
The Bursar's Office offers a convenient program for processing student refunds. Through
direct deposit, they will deposit any student refund into the financial institution
of your choice. Electronic deposits are secure, fast and convenient and you can avoid
waiting to receive your refund check at the counter or in the mail. Enrollment is
done via the
SOLAR system. To enroll, log into SOLAR > Student Financial Services > Account Information/Payment
> Direct Deposit > Add Account > Complete the Panel > Save. At any point during the
term you may edit or delete this direct deposit refund option. Refund checks are printed
weekly. Refunds through direct deposit are processed daily.
Federal Work Study
A great way to find a job is by attending the annual job expo. This event occurs the
first or second Wednesday of the fall term. A complete listing of all on-campus jobs
is available on the Career Center Website
Federal Work-Study is a form of need based aid. In order to be considered for this
program you must file your FAFSA by the University priority filing date of February
15th. Since there is a limited amount of funding available, students are encouraged
to file their FAFSA as early as possible. Be sure to indicate on your FAFSA that you
are interested in Federal Work Study.
Students with a status of deferred action are not eligible to receive federal or state
aid. However, they will be considered for University merit based scholarships upon
admission to Stony Brook. To read more about deferred action please visit our
Visa and Immigration Servicespage.
Stony Brook Union, Suite 208Stony Brook, NY 11794-3252