How to Apply for Financial Aid

Student Financial Aid Services will guide you through the process of finding all the sources of aid that might be available to you and your family. We know that the costs of higher education must often be offset by some form of financial assistance—including a combination of scholarships, grants, loans and student employment.

Financial aid is funding for your college education that comes from sources outside your family, such as the federal government or an institution. Gift aid, which comes in the form of scholarships and grants, does not have to be repaid. Self-help aid, such as loans and work-study, is either repaid or earned, respectively.

At NJIT, the concept of "financial aid"  typically refers to undergraduate awards that are offered based on financial need, merit, or both. Any combination of awards is referred to as your "financial aid package," which is calculated based on the information you provide on your FAFSA. Specifically, the package is determined by your Cost of Attendance (COA), Student Aid Index (SAI), and financial need. As a recipient of undergraduate financial aid, you can receive a combination of grants, scholarships, education loans, and student employment (work-study) in your financial aid package. (Graduate financial support is offered through the Office of Graduate Studies, not through Student Financial Aid Services.)

Financial aid is also available to graduate students in the form of education loans, such as a Federal Direct,  Graduate PLUS, or private loans. To apply, you must file a Free Application for Federal Student Aid (FAFSA). In addition to education loans, NJIT offers other sources of graduate financial support.

Visit other pages of our website to learn how eligibility is determined.  Also learn how withdrawal, enrollment status, and other special circumstances—affect your financial aid package. You can also check out what to expect for summer and winter sessions.

For more information, contact Student Financial Aid Services.