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PROSPECTIVE STUDENTS > | Degree Programs | Admissions | Financial Aid | Bulletin

FINANCIAL AID

Professional Program (Pharm D.)
The Pharm D. Program at the Brooklyn Campus is six years in length, with both undergraduate and graduate components. Because of this unique feature, the types of financial aid funding change as a student’s academic status moves from undergraduate to graduate. This brochure is provided to clarify the types of financial aid that are available to students for both the undergraduate and the graduate portions of their program.

The first four years of this program are considered undergraduate for financial aid purposes, and all federal undergraduate assistance is applicable (Federal SEOG, Federal SDS Grants, Federal Perkins Loans, Health Professions Student Loans, Federal Work Study/America Reads, and Federal Direct Student Loans). For New York State residents, the Tuition Assistance Program (TAP) is also available.

In addition to these forms of financial aid, undergraduate scholarships and grants funded by L.I.U. are also available for up to eight terms of the undergraduate phase of the Pharm D. Program (University Scholars Awards, Presidential Scholarships, Provost’s Excellence Awards, L.I.U., Academic Incentive, and Alumni Grants, Continuing Student Scholars Awards, MLK/Jose Marti Awards, Dean’s Awards, Dean’s Scholarship, etc).

Undergraduate financial aid and scholarship awards are no longer available once a student advances to the graduate portion of this program (generally after the first four years). The higher borrowing levels in the Federal Direct Student Loan Program become available, and, for qualified students, the Graduate Excellence Award.

Students, who remain in undergraduate status after four years in this program, are no longer eligible for Federal Pell Grants, or for Federal SEOG Awards. Other federal undergraduate awards may also be restricted.

For further detailed information please: refer to the Pharmacy Bulletin [page 40-47] or contact our Financial Aid Office.

 
Graduate Programs

A limited amount of financial aid is available through appointments as:

  1. Graduate Assistants: Twelve-month appointments, 15 hours per week of appropriate assignments, $6,000 stipend, plus remission of tuition (18 credits per year).

  2. Graduate Tuition Scholars: Twelve-month appointments, nine hours per week of appropriate assignments, no stipend, plus remission of tuition (18 credits per year).

  3. Laboratory Associates: Twelve-month appointments, 35 hours per week, $12,000-12,500 salary, plus remission of tuition (18 credits per year; 24 credits per year for Ph.D. candidates in Pharmaceutics).

  4. Teaching Fellows: Twelve-month appointments, 15 hours per week, $13,500 salary, plus remission of tuition (24 credits per year).

All appointments are made on a competitive basis.

Full-time Status

To be eligible for the full benefits of the federal and state financial aid programs, graduate students must register for 12 credits or more per semester. Part-time students registered for at least 6 credits may apply for the Federal Direct Student Loan Program described in this section. All applicants must complete the Free Application for Federal Student Aid (FAFSA) or the Renewal FAFSA, which is available over the Internet at www.fafsa.ed.gov.

Federal Assistance

All candidates for financial aid administered by the University or the federal government (Federal Perkins Loans, Health Professions Students Loans, Federal Work Study/America Reads, Federal Direct Student Loans) must complete the Free Application for Federal Student Aid (FAFSA) or the Renewal FAFSA, which is available over the Internet at www.fafsa.ed.gov. Graduate recipients of Title IV financial aid funding must maintain at least part-time student status in order to receive the maximum benefits from these programs. Students who withdraw and drop their registration below this status must have their current and future aid eligibility redetermined.

For further detailed information please: refer to the Pharmacy Bulletin [page 65-68] or contact our Financial Aid Office.

 

Arnold & Marie Schwartz College of Pharmacy and Health Sciences - 75 Dekalb Avenue - Brooklyn, New York. (718) 488-1004