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MS - Career & Human Resource Development '94
Dundee NY

It’s Decision Time and Cost is a Factor!

(April 26 2010) Written by: Corinne Franklin in Advising & Support, Co-op, Financial Aid, Residence Life


I don’t need to remind families that May 1st is just around the corner! In the past couple of months I have met with A LOT of wonderful families who are trying to decide on a College. And, our staff has answered many, many, questions regarding financial aid and scholarships at RIT. Here are a just a few things to consider when you are reviewing a financial aid award offer from RIT.

 

  • Double check the application that the award was based on. Errors on the initial application can result in a skewed financial aid award from RIT. If you are not sure whether a question on the Free Application for Federal Student Aid (FAFSA) was answered correctly, ask us.

 

  • If you are accepted into a program at RIT that requires Cooperative Education (co-op), remember that you are not charged tuition or fees by RIT for quarters that you are enrolled for co-op. You will be enrolled for classes for the equivalent of four years. And, you will gain experience through a co-op program for the equivalent of one year. Therefore, you will pay tuition and fees for four years. During co-op quarters you will have the opportunity to gain work experience in your field of study, and to earn significant income to help pay for your educational expenses in subsequent quarters. You can find additional information on our co-op program at www.rit.edu/overview/coop.html.

 

  • Working part-time while taking classes at RIT is a way to pay for books, supplies and personal expenses. Some of you may see either Federal Work-Study or RIT Employment included in your financial aid award. We include this because RIT provides part-time job opportunities for our students. On-campus jobs start at $7.25 per hour and students work an average of 11-12 hours per week. Students receive a bi-weekly paycheck based on the number of hours and on their hourly salary. All open positions are posted on our Student Employment website at www.rit.edu/emcs/seo/. Keep in mind that employers start posting their open positions closer to the beginning of the academic year.

 

  • Payment for your annual out-of-pocket cost, listed on the back of your Financial Aid Award Letter, can be divided over 10 monthly payments beginning July 1st. Or, payment can be divided over three academic quarters with the first payment due August 18th, the second payment due November 22nd and the third payment due March 5th.

 

  •   Many students choose to move into RIT apartment housing after their first year of college. Because a meal plan is not required for students who reside in our apartments, some students are able to reduce their living costs.

 

Best of luck to all of you who are making a decision on where to attend College!

Comments (4)

  • Rebecca Vessal

    Rebecca Vessal

    01 May 2010 at 22:39 |
    What is the difference between Federal Work Study and RIT Employment?
  • Corinne Franklin

    Corinne Franklin

    03 May 2010 at 08:59 |
    Hi Rebecca!

    RIT has part-time job opportunities funded by RIT as well as jobs funded through the Federal Work-Study Program (FWSP). The types of jobs and the hiring process are identical. Both, RIT employment and FWSP earnings are subject to taxes. And, both types of earnings are included in total income on the Free Application for Federal Student Aid (FAFSA) for the subsequent year.

    However, students who are hired and paid through the FWSP are eligible to report FWSP earnings under need-based earnings on the FAFSA. Need-based earnings will automatically deduct from total earnings reported on the FAFSA. Federal Work-Study earnings are not expected to be available in the subsequent year. Also, On campus employers are asked to give preference to a FWSP eligible student during the hiring process, if all other qualifications are the same.

    Let me know if you have any additional questions.

    Corinne
  • Kyira

    Kyira

    24 May 2010 at 16:15 |
    Can you do a co-op if you major in Film even though it's not required?
  • Corinne Franklin

    Corinne Franklin

    25 May 2010 at 12:01 |
    Hi Kyira!

    You can certainly participate in a co-op even though it is not a requirement for your degree. Finding a co-op in the field of Film and Video may require that you be geographically flexible. Also, it is not uncommon for a co-op opportunity in this field to be unpaid (internship). In some cases the academic department may grant internship credit(s).

    Participating in a summer co-op keeps you on schedule to graduate on time. However, it is recommended that you discuss your co-op plans with your academic advisor. You can also contact the Office of Cooperative Education and Career Services to help with your co-op search http://www.rit.edu/emcs/oce/.

    Good luck!
    Corinne

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