New Jersey Student Loans

new jersey studentCollege tuition has increased considerably in the recent years, but a number of financial aid options are offered by the federal government and other resources to help students finance their education and pursue their educational and professional goals. Students can use financial aid to help pay for their tuition, books, transportation, meals and other living expenses. This way, students can enroll in a school of their choice and obtain a degree, which helps them pursue a rewarding career.

What is New Jersey Financial Aid?

New Jersey financial aid is for students who reside in New Jersey (NJ) and help students in this state enroll in a post-secondary educational institution regardless of their financial limitations. Some of the NJ financial aid programs include grants, scholarships, work-study programs and student loans.

Grants and Scholarships

Grants and scholarships are two great ways to finance your education because these financial aid options are essentially free money, meaning you don’t have to repay them. There are a variety of grants and scholarships you can apply for, including Pell grants, Federal Supplemental Educational Opportunity Grants (FSEOG) and more. You can also look for state scholarships such as the Frank D. Visceglia Memorial scholarship, the New Jersey State Golf Association (NJSGA) Caddie scholarship and the Buddy Pelletier Surfing Foundation scholarship.

Work Study Programs

Students in NJ can also apply to work-study programs and earn money for tuition and related expenses. These programs set up students up with part time jobs so that students help pay for their educational costs with the money they earn.

Student Loans

Student loans make are another financial aid option for students in New Jersey. There are various student loans that are available on the basis of need, which have low interest rates and flexible terms of repayment that makes them financial aid options students should look into if other types of financial aid don’t fully cover their needed costs. These include federal student loans such as Stafford and Perkins. Students can also look for PLUS loans for parents to get money for their educational expenses. To apply for these loans, students must fill out the FAFSA application. Other than federal student loans, private loans are also available to help student finance their education.


New Jersey Schools