Financial Aid Calendar

   

Resources & References

NJIT’s FAFSA filing priority deadline is February 15, but you can continue to file your FAFSA after the priority deadline and submit any required documentation after April 15; however, there are specific deadlines associated with each student aid program. If you apply late, you risk the inability to receive student aid from some programs. In addition to the processed FAFSA, SFAS must receive all requested documentation 30 days before the end of the semester or award period. This deadline allows processing and authorization of disbursements within timeframes defined by regulations pertaining to federal and state aid programs. Failure to apply or to submit required documentation by the indicated deadlines may result in a loss of financial aid eligibility for all student aid programs.

January

  • SAP appeals for the spring semester (currently enrolled students only) are submitted to the Financial Aid Satisfactory Academic Progress Committee by January 11 (subject to change).

February

  • FAFSA priority filing deadline for upcoming academic year is March 1. To apply for financial aid at NJIT, you must include NJIT’s institutional code, 002621, in the college choice section of the FAFSA.
  • Summer Financial Aid applications available online under forms.

March

  • Tax forms and any other requested information is submitted to SFAS as soon as possible but no later than March 15 for the forthcoming academic year.

April

  • Student loan borrowers graduating in spring complete loan Exit Counseling.
  • FAFSA for prior-year NJ TAG recipients due by April 15.

May

  • Admission tuition deposits due May 1.
  • Returning student records reviewed for Satisfactory Academic Progress (SAP) after spring semester grades get posted.
  • Summer Financial Aid applications for Summer I due by May 8 (subject to change each year).

June

  • Summer Financial Aid applications for Summer II are due June 15 (subject to change each year).
  • SAP appeals for continuing students for summer semester are submitted to the Financial Aid Satisfactory Academic Progress Committee by June 15 (subject to change).
  • Returning students Financial Aid Packaging begins for those registered for the following fall semester.
  • Scholarship renewal for prior year recipients are packaged and sent if scholarship requirements are met.
  • Students with a previous scholarship with insufficient available funds due to market conditions are sent a notification of such for planning.
  • New students attend online orientation sessions.
  • New student loan borrowers complete loan Entrance Counseling and sign Master Promissory Note.

July

  • New students must complete mandatory academic advising sessions.
  • Undergraduate scholarship applications due by July 10.
  • Bills are sent in the last week of July.

August/September

  • Student employees complete Student Employment/FWS contracts and I-9 forms.
  • SAP appeals for continuing students for fall/spring semesters are submitted to the Financial Aid Satisfactory Academic Progress Committee by August 10 (subject to change).
  • First time FAFSA applications must be received by the Federal Processor for NJ TAG eligibility by September 15.

October

  • FAFSA available for filing (on October 1).
  • Student Aid Reports (SARs) and Student Eligibility Notices (SENs) (the latter for only NJ residents) start arriving in the mail; be sure NJIT is listed as first college choice (school code 002621) on the SAR and SEN.
  • Applications for Admission to Graduate Study are received by October 15 to receive full consideration for spring-semester graduate scholarships.

November

  • Student loan borrowers graduating at the end of the fall semester complete loan Exit Counseling.
  • Tuition bills sent to students registered for the spring semester.

December

  • Student Financial Aid Services begins to notify incoming freshmen of scholarships.
  • Need-based packaging begins for freshman and transfer students.
  • Applications for Admission to Graduate Study are received by December 15 in order to receive full consideration for fall-semester graduate scholarships.