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Affording College
Financing Your Education at NJCU
New Jersey City University offers a comprehensive need-based financial assistance program that makes higher education a reality for many students. In fact, 90% of the students who apply for financial aid (including most qualified incoming freshmen), receive it.
Here’s where to start
You Can Afford College
New Jersey City University provides more than $20 million in financial aid to approximately 4,000 students, students who would otherwise be unable to attend without it. The fact that your family's resources are not enough to pay all or part of your expenses should not prevent you from going to college. This is what financial aid is all about-providing ways for paying for the educational expenses that you cannot immediately afford on your own.
Completing the FAFSA
To be considered for any federal or state student financial aid programs, including student loans, students must first fill out the "Free Application for Federal Student Aid" (FAFSA). This form is used to determine your eligibility for all financial aid programs. There is no processing fee involved with this FAFSA application.
Complete and submit the FAFSA as soon as possible after January 1 of the year you will be attending. In four to six weeks, you will receive a Student Aid Report (SAR) from the federal processing center. This Student Aid Report (SAR) will contain all of the information reported on the FAFSA. Be sure to review it for accuracy, and, if necessary, follow the instructions for making corrections. This is important because the information you report will be sent by the federal processor to the colleges you listed on the FAFSA. Colleges use this information in awarding financial aid to students. In addition, the state of New Jersey receives this information from the federal processor to determine eligibility for state grants.
To expedite the completion of your FAFSA, you can log onto the federal website at www.fafsa.ed.gov. You will have the opportunity to electronically complete and submit the entire form, with the option of submitting the signatures required by printing out the signature page, or by entering an electronic PIN which will serve as an electronic signature.
Types of Aid Available
There are three general types of federal and state student aid offered at NJCU, each with its own eligibility requirements:
- Grants, considered gift aid, do not have to be repaid. These include the Federal PELL Grant, and the New Jersey Tuition Aid Grant and the Federal Supplemental Educational Opportunity Grant (SEOG). A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded only to undergraduate students who have not earned a bachelor's or professional degree. (A professional degree would include a degree in a field such as medicine, law, or dentistry.) For many students, Pell Grants provides the foundation of the "financial aid package" to which other aid may be added.
- Loans, considered self-help, must be repaid with interest. These include the Federal Perkins Loans, the FFEL Subsidized Stafford Loan the FFEL Unsubsidized Stafford Loan, and the FFEL PLUS Loan. These loans typically have lower interest rates and the Stafford and Perkins loans require repayment only after graduation or after ceasing to be enrolled on at least a half-time status.
Entrance and Exit Loan Counseling
ALL student loan borrowers at NJCU are required to participate in Entrance and Exit Student Loan Counseling. New borrowers must complete Entrance Loan Counseling before the first disbursement of their loan. Borrowers graduating, ceasing enrollment, or withdrawing from NJCU must complete Exit Loan Counseling prior to leaving the university. Failure to comply with these requirements may result in award cancellation or the withholding of student records.
Questions concerning Entrance Loan Counseling should be directed to the Financial Aid Office. The following website offers valuable information regarding this requirement. Click here to begin: www.mapping-your-future.org/
- Work-study through the Federal Work-Study program allow you to earn your award by working part-time at the University. Job opportunities at different departments and offices at the University are available. You may also choose to be a reading tutor in the NJCU America Reads Program.
Your Financial Aid Awards
New Jersey City University will review your application
for financial aid and offer you a financial aid package listing the different
types of aid for which you may be eligible, including any University grants
and scholarships. This financial aid package will be posted on the University's
GothicNet and accessible to students with a GothicNet ID and Password. You
will be sent a postcard award notification which will include instructions
on how to access this information on the GothicNet when the application
process is complete and you have been admitted to the University. You will
be required to logon to the.
Each spring, as a community service, the University also offers a series of financial aid workshops to provide you with additional information and assistance with applying for financial aid. The priority filing deadline for the Free Application for Federal Student Aid (FAFSA), the prerequisite for any financial aid, is April 15.
For more information on the programs available at NJCU, contact the Financial Aid Office at 201-200-3173.
New Jersey City University Scholarship Programs
New Jersey City University offers two types of
scholarships: Merit-based scholarships offered through the Admissions
Department and Endowed Scholarships available to continuing students.
More scholarship information...
Costs
New Jersey City University is proud of being one of the most affordable universities in the nation, while maintaining its status as a premier urban institution of higher education.
Tuition and Fees*
*Subject to change
Helpful Phone Numbers & Additional Information
As you can see, there are many options in the area of financial aid. If you have any questions about financial aid programs or about New Jersey City University, please feel free to call one of the numbers below:
Financial Aid Office: (201) 200-3173
FAX Financial Aid Office: (201) 200-3181
Admissions Office: (888) 441-6528
Opportunity Scholarship Program (OSP): (201) 200-3355, 3275
Registrar's Office: (201) 200-3333, 3334
Bursar's Office: (201) 200-3045, 3046
For questions regarding:
New Jersey State Aid, including TAG and State Scholarships: (800) 792-8670
Federal Student Aid, including the Student Aid Report (SAR): (800) 4-FED-AID
To request address and institutional changes to the student SAR, contact
the Federal Student Aid Information Center: (319) 337-5665
Useful Forms and Documents
The following are useful forms:
Dependent
Verification Form 
Independent
Verification Form
Request for
Review/Special Circumstances
ABC Worksheet
Useful Links
The following are sites that may provide you with useful information and tools:
For Budget/Repayment Calculators and General Financial Aid Information
The official site of the New Jersey Higher Education Student Assistance Authority where you can find the Tuition Aid Grant Estimator, as well as other important information on state grants and loans
For outside scholarship information
For information on financial aid for international students.
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It’s a good idea to calculate your Estimated Family Contribution (EFC) as early as possible so you’ll know how much to save -- and how much financial aid to apply for.
Online Tools
» www.fafsa.ed.gov
» www.hesaa.org |
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Over 90% of NJCU students receive some type of financial aid. Contact our Financial Aid Office to find out more!
» Contact Us!
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