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Am I eligible for any type of Financial Aid?

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Financial Assistance (Loans)

Matriculated students must complete a Free Application for Federal Student Aid (FAFSA) to determine eligibility for Stafford Loans.

  1. Enroll as amatriculated student in a degree or certification eligibility, or NJCU certificate program on at least a half-time basis (a minimum of six credits in the Fall, six credits in the Spring, and a minimum of six credits between Summer I and Summer II;
  2. Maintain satisfactory progress toward the completion of a degree or certification eligibility;
  3. Be a citizen or permanent resident of the United States, or eligible non-citizen;
  4. Not be in default of any loan made, insured, or guaranteed under the Perkins Loan Program, the Stafford Student Loan Program, or the PLUS/SLS Program;


  1. Not owe a refund on a previous Pell or Supplemental Educational Opportunity Grant Program; and Show need of financial assistance as demonstrated in the completed Financial Aid Application.


  1. Meet all other requirements of the federal financial aid programs.


Non-matriculated students are not eligible to receive federal or state financial aid or loans, but may apply for certain private education student loans. Please feel free to contact the Office of Financial Aid for additional information.

The Direct Loan Program (DL), which includes Subsidized and Unsubsidized Stafford Loans, enables undergraduate and graduate students to borrow long-term, low interest loans to finance their education. Graduate students are only eligible to receive the Unsubsidized Stafford Loan. With the Unsubsidized Stafford Loan the borrower pays all interest on disbursed amounts even while in school. The interest rate is fixed at 6.8%.

A graduate student may borrow up to $20,500 annually in an Unsubsidized Stafford loan.

Check with the Financial Aid Office (201-200-3173).

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