Student Loans for The College of New Jersey Students
About The College of New Jersey
If you were around in colonial times, you would know the College of New Jersey as what is now Princeton; the name was changed in 1896, and later picked up by the school that now exists in Ewing, New Jersey, just outside of Trenton. The College of New Jersey is a mid-sized university, home to about 6,700 undergrads. Its curriculum places a strong emphasis on a liberal arts education, and has a core curriculum that all freshmen take, regardless of their college or academic track.
Living near a city can drive your expenses through the roof, even if you’re a college student. Trenton is practically next-door, with both New York City and Philadelphia readily accessible by train in less than an hour and a half. Students typically don’t visit these cities with regularity, but one or two trips a month can grow to be a large chunk of your budget, if you aren’t mindful of your spending when you do go out.
Apart from spending in the city, it’s always smart to watch your day-to-day expenses, from buying coffee to ordering delivery. If something you’re buying isn’t essential, think twice before spending hard-earned money on it.
Applying for Financial Aid
All you need to do to apply for TCNJ financial aid is to submit the Free Application for Federal Student Aid, also known as the FAFSA. The FAFSA determines your eligibility for federal financial aid, and is used by institutions to calculate the amount of aid you ought to receive. Submit this as soon as you can usually around the beginning of January and you’ll hear back from the aid office when your next tuition bill is due.
TCNJ Student Loans
75% of students receive TCNJ financial aid, which is great; despite this positive statistic, there is a reasonably sized segment of the student body that has taken out private student loans to cover the cost of attending the College of New Jersey. If you find your aid package not sufficient, you should take out federal student loans first, then move to private loans if you still need funding. If you’re in need of a private student loan, just use the Student Loan Comparison Tool on this page.
Yes. The TCNJ Financial Aid department offers NJCLASS loans. NJCLASS loans are offered by the Higher Education Student Assistance Authority (HESAA) and can be used for undergraduate as well as graduate study. This year, the interest rate on NJCLASS loans is 7.35% per month. With flexible repayment options, NJCLASS loans are a top choice for students applying for TCNJ financial aid.
What should I include in my COA when applying for the College of New Jersey financial aid?
Students are required to include total expenses for the academic year in their COA when applying for the College of New Jersey financial aid. The cost of attendance (COA) includes tuition, fees, textbooks, room and board, transportation, and personal expenses. Students are requested to keep in mind that the COA for in-state students is different from out-of-state students. There is also a difference between graduate and undergraduate tuition costs. Students are requested to check the College of New Jersey website for current information on tuition costs.
Pay for The College of New Jersey*
|Total Avg. Cost||$36,537|
|Room & Board||$9,996|
|Financial Aid Information|
|Students Receiving Fin Aid||75%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$13,619|
|%Receiving Other Loans||15%|
Get into The College of New Jersey
Contact The College of New Jersey
*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics