Financial Aid

Important Financial Aid News

Summer Hours of Operation:

Monday through Friday 8:00 am - 4:00 pm

607-962-9875 or eacenter@corning-cc.edu

Federal Loan Changes 2026-2027
 Beginning Fall 2026

What Has Changed

Federal law requires colleges to reduce the amount of federal student loan eligibility for students who are registered for less than 12 credits per semester.  This requirement, called Schedule of Reduction (SOR), applies to Direct Subsidized and Direct Unsubsidized student loans.  Starting in the fall, loan amounts will be adjusted based on the number of credits.

What Has Not Changed

Students must still enroll in 6 credits to be eligible for federal student loan funds.  There will be no changes to student loan amounts for students who remain enrolled in 12 or more credits each semester.

Important to Know

Your loan amount may change if your enrollment changes.  If you add or drop a class, your loan eligibility may be recalculated.  If your financial aid has already been disbursed to your account, the amount of student loan you are eligible for in the next semester may be impacted.

If you are registered for 6-11 credits, your financial aid will be updated in the next couple of weeks (end of June) and we will send an email to your college account when it is complete.

Questions or Need Assistance

If you have questions about how this change affects your financial aid, please contact the Enrollment Advisement Center at 607-962-9875 or eacenter@corning-cc.edu.  We are here to help.

Frequently Asked Questions

Yes.  Students enrolled in at least 6 credits remain eligible to borrow, but the loan amount will be reduced for those enrolled in 6-11 credits.

Your loan will be adjusted based on the number of credits you are registered for.  This could affect future disbursements of your loan.

No additional steps are required.

Every time we update your financial aid you receive an email notification to your college email account.  Keep in mind, a change in your class schedule will likely result in a change to your loan amount.

All students are encouraged to complete the 2026-2027 FAFSA online at https://studentaid.gov/h/apply-for-aid/fafsa as soon as possible for the Fall 2026, Spring 2027 and Summer 2027 semesters. If you need assistance with completing the FAFSA, please reach out to the phone number or email above to schedule an appointment.

If scheduling an appointment to get assistance with completing the FAFSA, you will need to have the following available for the appointment:
 
  • StudentAid.gov account username and passwords for all contributors (if you or your parent do not already have a StudentAid.gov account, you will need to go to: https://studentaid.gov/fsa-id/create-account to create one. This will need to be done prior to the appointment.
  • Social security numbers for you and your parent contributor(s) (if your parents have them)
  • Date of birth – month, day, year - for your parent contributor(s)
  • Knowledge of your legal parents’ marital status
  • Parent contributor email address
  • Savings, checking, and investment balances for all contributors
  • 2024 Federal and State tax forms for all contributors
  • Net worth of business and/or farm
  • Child support received from the LAST complete calendar year

If you are a New York State resident, please make sure you have applied for the TAP Grant. If you missed  the link at the end of the FAFSA application, please complete on the NY HESC website ASAP.

  • Do you need to speak to someone at HESC? Call 1-888-NYSHESC (1-888-697-4372).
  • Additional important information may have been sent to you via email from HESC. Please take a couple of minutes to read it now.

Students from mixed status families are now eligible to apply for NYS financial aid without completing the FAFSA, by going to https://www.hesc.ny.gov/altpath. Students may also reach out to the Financial Aid Office to learn more about their options to apply for NYS aid.

Please note: this is not an alternative to FAFSA, and students who choose to take this route will not be eligible for federal financial aid.