Applying for Financial Aid
Getting Started
The 2026-2027 Free Application for Federal Student Aid (FAFSA®) is now available.
File Your FAFSA Now! File for NYS TAP Now!
- Molloy University's Federal School Code is 002775.
- Please file your 2026-2027 FAFSA as soon as possible. If you require assistance with the FAFSA, you can contact the Federal Student Aid Information Center (FSAIC) directly via their Live Chat, email, or phone (1-800-433-3243). You can also contact us to set up a virtual or in-person appointment with one of our counselors.
- The FAFSA must be started while logged into the student's Federal Student Aid (FSA) ID. If the student does not already have an FSA ID, they can create one HERE.
- People typically finish their section of the FAFSA form in 12 minutes or less.
New Students
New and incoming students for the 2026-2027 academic year are encouraged to file the 2026-2027 FAFSA as soon as possible after Oct 1st, 2025, as the FAFSA is required, but do not have a specific deadline.
Students must reapply for financial aid every year. Renewal of awards is not automatic.
Current Students
Continuing students are required to file the 2026-2027 FAFSA before the priority deadline of March 1st, 2026 for the 2026-2027 academic year, or risk forfeiting their institutional scholarships and grants for the academic year.
Please file the FAFSA even if late! Students must reapply for financial aid every year. Renewal of awards is not automatic.
New York State Residents (Undergraduate Students)
For New York State residents in undergraduate programs only, the Tuition Assistance Program (TAP) is a grant from the state that does not need to be repaid, administered by the Higher Education Services Corporation (HESC) of New York State. More information on TAP and its eligibility criteria can be found HERE.
The FAFSA must be completed before TAP*. Wait 3-5 business days after completing the FAFSA, then complete the TAP application HERE.
If you require assistance regarding TAP, you can contact HESC directly by phone (1-888-697-4372). You can also contact us to set up a virtual or in-person appointment with one of our counselors.
Molloy University's New York State School Code is 0500.
*Note: Alternate pathways are available for students who cannot complete the FAFSA/standard TAP pathway. You can use HESC's prescreening tool to determine which pathway is right for you.
Contact Us
The Financial Aid Office is available year-round to assist students and parents with the financial aid application and award process. If you have any questions concerning application procedures, deadlines or aid eligibility, you can contact us at 516-323-4200, financialaid@molloy.edu, or stop by the office during our office hours.
Further Information
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Application Process
After completing your FAFSA, you will receive a copy of your FAFSA Submission Summary. Review it and make any necessary corrections. If no further action is needed, Molloy University will utilize the results to offer you financial aid based on your eligibility.
Complete the following steps to ensure the completion of your aid:
- An offer letter will be generated by the Financial Aid Office for all matriculated students registered at least half-time (six credits for undergraduate or 4.5 credits for graduate). Review your financial aid offer representing your financial aid eligibility for the current academic year, and accept or decline each offer. These offers are based on the information provided by you on your FAFSA.
- If required, complete the verification process. The Financial Aid Office may request tax returns or other additional information before finalizing a student's financial aid offer. Such requests are made in accordance with established federal rules for offering financial aid. Failure to respond promptly may jeopardize a financial aid offer. Please be sure all required documentation is submitted to the Financial Aid Office promptly.
- If accepting federal loans, complete the required federal loan documentation. First-time federal loan borrowers at Molloy University must complete an online loan entrance counseling session. All federal loan recipients will be required to complete a Master Promissory Note (MPN). All required federal loan documentation must be completed before the school can release any federal loan funds.
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Deadlines
All students must reapply for financial aid every academic year. This is required of students applying for need-based and gift aid.
- FAFSA priority deadline: March 1st of each academic year
- TAP: submit 1 week after completing FAFSA each academic year
- Financial aid documents: Submit within 10 days of the date of your offer letter. The verification process can take 2 weeks or more for completion.
Office of Financial Aid
Office of Financial Aid
Wilbur Arts Center
Room 236