Hi everyone,
I’m a senior in high school and I just got accepted into Macaulay Honors College at Baruch, but I’m confused about the financial aid they give. Does Macaulay take the scholarship they give out of both TAP and the pell grant? And if the amount I would receive from TAP and Pell Grant combined exceeds my tuition cost, do I get to keep the leftover money (I heard that Macaulay does not allow you to receive checks for extra money)? Thanks!
My daughter will be attending. My understanding is the tuition-free scholarship (for NYS residents) is net of need based grants. (So no, you would not keep the “extra” TAP or Pell). But the merit scholarship also does not cover fees, books or dorm costs if you dorm there; I don’t know if you can use TAP/PELL for those.