DCSIMG

Financial Aid for
Undergraduate Adult Students

The following federal and state financial aid programs can assist you with paying for your education.

In addition to financial aid, students are also eligible for Student Employment. For more information, please learn more about Student Employment online at our Career Services page.

The application for the above financial aid is the Free Application for Federal Student Aid (FAFSA). You can apply online at www.fafsa.gov. Be sure to include our federal school code of 002599.  A FAFSA must be completed every year to continue receiving aid.

Our office will begin to determine your financial aid eligibility about one month before your class starts.

For information on how your financial aid will be processed, you will need to know when you initially began your accelerated program. 

Deadline Dates

Please Note: Deadline dates are different for different types of aid:

Federal Aid

  • New Students should complete their FAFSA at least 2 months before their first course.
  • Continuing students should complete their FAFSA 2 months before the end of their award year.

State Aid

  • New Jersey Tuition Aid Grant (TAG) deadline for students who have not previously received TAG is no later than October 1st.
  • New Jersey Tuition Aid Grant (TAG) deadline for students who have received TAG in the past is June 1st.

Processing Financial Aid

Check the messages section of NetPartner to determine if your financial aid is processed on a trimester or cohort calendar. All students beginning after January 1, 2014 will be on a trimester schedule.

If your financial aid is processed on a trimester calendar:

The financial aid year begins with Accelerated Fall trimester and includes the Accelerated Spring, and Accelerated Summer trimesters.

You will be automatically awarded the maximum annual amount of grants and Subsidized and Unsubsidized loans that you are eligible for each year. Parent PLUS and Alternative Loans may be reviewed upon approval from the lender.

While almost all students will be eligible for a loan, eligibility for the Federal Pell Grant and Tuition Aid Grant (TAG) are limited to high need students. Annual loan limits are based on your grade level and your dependency status (from your FAFSA). For more information on loans and annual loan limits, please visit our Loans page.

Your financial aid eligibility will be determined about one month before your classes start. Our office will send you a financial aid award letter that indicates the amount of any grant or loan funds that you are eligible for.

Your annual financial aid award will be divided in thirds with each third applied to one trimester.

Your funds will show as pending on your bill until after you have begun your second course for the trimester. Your funds will disburse, or be credited to, your student account shortly after you have begun your second course for the trimester.

You must be enrolled for at least 6 credits per trimester to receive a loan. For example, if your first course begins the week of 10/21/12 you would not be eligible for loans for the Fall 2012 trimester. Your loans would be awarded for the Spring and Summer 2013 trimesters.

Examples of how your federal loans may be awarded are below:

Example of Direct Loan Eligibility and Estimated Charges for Independent Students

Trimester

 

Term Begins Week of

Term Ends Week of

Estimated Charges

Estimated Freshman Loan

Estimated Sophomore Loan

Estimated Junior/ Senior Loan

Fall 2012

FA1

8/26/12

10/20/12

     4,400.00

                   3,167.00

                   3,500.00

                   4,167.00

FA2

10/21/12

12/22/12

Spring 2013

SP1

1/6/13

3/2/13

     4,400.00

                   3,166.00

                   3,500.00

                   4,167.00

SP2

3/3/13

4/27/13

Summer 2013

SU1

4/28/13

6/22/13

     4,400.00

                   1,367.00

                   3,500.00

                   4,166.00

SU2

6/23/13

8/24/13

 

 

 

 

   13,200.00

                   7,700.00

                 10,500.00

                 12,500.00

 

Example of Direct Loan Eligibility and Estimated Charges for Dependent Students

Trimester

 

Term Begins Week of

Term Ends Week of

Estimated Charges

Estimated Freshman Loan

Estimated Sophomore Loan

Estimated Junior/ Senior Loan

Fall 2012

FA1

8/26/12

10/20/12

     4,400.00

                   1,834.00

                   2,167.00

                   2,500.00

FA2

10/21/12

12/22/12

Spring 2013

SP1

1/6/13

3/2/13

     4,400.00

                   1,833.00

                   2,167.00

                   2,500.00

SP2

3/3/13

4/27/13

Summer 2013

SU1

4/28/13

6/22/13

     4,400.00

                   1,833.00

                   2,166.00

                   2,500.00

SU2

6/23/13

8/24/13

 

 

 

 

   13,200.00

                   5,500.00

                   6,500.00

                   7,500.00


If you withdraw from a class, your financial aid will be recalculated in accordance with federal regulations. For more information on how withdrawing can affect your financial aid, please visit our Withdrawal Policy web page.

If your financial aid is processed on a cohort calendar:

You will be automatically awarded the maximum annual amount of grants and Subsidized and Unsubsidized loans that you are eligible for each year. Parent PLUS and Alternative Loans may be reviewed upon approval from the lender.

Your financial aid year is the longer of 30 weeks or 24 credits. In most cases, unless you are taking two courses at one time, your financial aid year will be for 24 credits which normally lasts for 52 weeks, or one calendar year.

While almost all students will be eligible for a loan, eligibility for the Federal Pell Grant and Tuition Aid Grant (TAG) are limited to high need students. Annual loan limits are based on your grade level and your dependency status (from your FAFSA).

Your financial aid eligibility will be determined about one month before your classes start. Our office will send you a financial aid award letter that indicates the amount of any grant or loan funds that you are eligible for.

Your annual financial aid award will be divided in half, with each half of your award applied to 12 credits (3 classes).

Your financial aid will not show on your bill until it has disbursed. Half of your financial aid will disburse shortly after you have begun your second course. The remainder of your financial aid will disburse shortly after you have begun your fifth course.

Examples of how financial aid can be awarded are below. There are examples for different financial aid year beginning dates.

 

Example of Direct Loan Eligibility Independent Students

 

Estimated Freshman Loan

Estimated Sophomore Loan

Estimated Junior/ Senior Loan

Course 1

           4,750.00

           5,250.00

             6,250.00

Course 2

Course 3

Course 4

           4,750.00

           5,250.00

             6,250.00

Course 5

Course 6

 

           9,500.00

         10,500.00

           12,500.00



Example of Direct Loan Eligibility Dependent Students

 

Estimated Freshman Loan

Estimated Sophomore Loan

Estimated Junior/ Senior Loan

Course 1

           2,750.00

           3,250.00

             3,750.00

Course 2

Course 3

Course 4

           2,750.00

           3,250.00

             3,750.00

Course 5

Course 6

 

           5,500.00

           6,500.00

             7,500.00


If you withdraw from a class, your financial aid will be recalculated in accordance with federal regulations. For more information on how withdrawing can affect your financial aid, please visit our Withdrawal Policy web page.

Staff Information

Evelynne Blatt
Director of Financial Aid
blatte@centenarycollege.edu

Joanna Cellary
Assistant Director of Financial Aid
cellaryj@centenarycollege.edu

Colleen Drum
Administrative Assistant
drumc@centenarycollege.edu 

Eloise Murray
Financial Aid Counselor
murraye@centenarycollege.edu