- Students are eligible for up to eight semesters of full-time undergraduate awards. School of Architecture students are eligible for up to ten semesters.
 - Merit-Based Awards: Award amounts remain fixed throughout enrollment, except as specified in the Conditions for Financial Aid Award Adjustments.
 - Need-Based Awards: Renewal requires the annual submission of the FAFSA to demonstrate continued financial need.
 - Federal and State Grants: Eligibility for grants like the Federal Pell Grant and New York State’s TAP grant depends on FAFSA outcomes each year.