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  2. Carol Gambino

Book Advance/Refund

  • Date updated 2025-11-20
  • By Carol Gambino

Am I getting a Refund Or Book Advance?

Students can view whether they have a Book Advance or Refund by going to their CUNYFirst Student Center . In the Financial Account section go to then select Account Activity . If there is a Book Advance or any other refund, it will show up as " Refund of Financial Aid." A ll refunds to students occur on Fridays. Note that s tudents will not receive a Book Advance if their overall aid for the [...]

Financial Aid Professional Judgement and Special Circumstances

  • Date updated 2025-11-20
  • By Carol Gambino

How to submit a Special Circumstance

Professional Judgment refers to the discretion given to Financial Aid administrators to adjust certain FAFSA data elements in the event of a student’s unusual or special circumstance. These modifications are meant to provide a more accurate assessment of a student’s family’s ability to contribute to the cost of education. This is done on a case-by-case basis, utilizing proper documentation [...]

Financial Aid Holds

  • Date updated 2025-11-20
  • By Carol Gambino

Why do I have a hold from Financial Aid?

Financial Aid holds prevent federal aid from being disbursed . These may typically be found within the Tasks and Holds section of your CUNYFirst Student Center. Two of the most common F inancial Aid h olds are: “Title IV Packaging Hold” (FT4) : For this hold you should click for further information, as it can be on your account for a variety of reasons. “Financial Aid Exit Interview” (FEX) : [...]

Direct Loan Status

  • Date updated 2025-11-20
  • By Carol Gambino

What is the status of my Federal Direct Loan?

It usually takes 2-3 weeks for a Federal Direct Loan to be processed. For a F ederal Direct Loan application to be processed, students will need to have already submitted a completed FAFSA application, have enroll ed in a minimum of 6 credits in a degree-granting program, resolve any outstanding items on their CUNYFirst To Do List , and meet Satisfactory Academic Progress (SAP). Once a loan is [...]

Verification Status

  • Date updated 2025-11-20
  • By Carol Gambino

What is my Verification Status?

It can take 3-4 weeks to process a FAFSA Verification. During this processing time, you will continue to see the "Verify My FAFSA" requirement on your CUNYfirst To-Do List To make sure that you have successfully submitted a completed Verification form, you can log into your Student Forms by clicking on the Verify My FAFSA link on CUNYfirst. A Verification that has been successfully submitted [...]

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Author Information

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    Carol Gambino



    Description:
    Total articles: 28
    Article Categories: 5
    • Admissions
    • Financial Aid
    • International
    • Bursar
    • Academic Advisement
    Article Tags:43
    • account
    • cunyfirst
    • status
    • financial aid
    • tuition
    • apply
    • application
    • transfer
    • international
    • non degree
    • non matriculation
    • verification
    • transcript
    • request
    • credits
    • evaluation
    • pay
    • loan
    • refund
    • FAFSA
    • holds
    • hold
    • Nelnet
    • balance
    • 1098t
    • eligible
    • collections
    • TAP
    • eBill
    • book advance
    • matriculated
    • 1098t form
    • Degreeworks
    • seniors
    • F-1 Student
    • BLIIS
    • immersion
    • Professional Judgement
    • Dependency Override
    • Cost of Attendance Adjustment
    • Change Of Income
    • Special Circumstance
    • Exit Counseling

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