Brookdale Community College — Office of Student Financial Aid

TYPES OF FINANCIAL AID AVAILABLE

Grants -- money that you don`t have to pay back

Loans -- money borrowed that must be repaid with interest

Work -- money earned from employment and paid to student bimonthly

Scholarships -- money available from outside sources; Click here for a free computerized search for scholarships on the Web.

Federal Pell Grant is a grant ranging from approximately $400 to $4731.00 per year.

Federal Supplemental Education Opportunity Grant (FSEOG) is an additional grant awarded to Pell recipients. The amount is based on financial need and available funds.

New Jersey Tuition Aid Grant (TAG) is available for Full Time students attending New Jersey postsecondary institutions, including community colleges, state colleges and private schools.Click here to link to the New Jersey Higher Education Assistance Authority (HESAA) and to review eligibility requirements. Award values at Brookdale range from $561.00 to $2646.00.

New Jersey Bloustein Distinguished and Urban Scholars -- High School students in their senior year are selected by their high school counselor and awarded by the Higher Education Student Services Association (NJHESAA) on the basis of academic achievement to students attending college full time.

Applying for Financial Aid

Applying for a student loan

Repaying your Student Loan

Student Employment

Academic Progress

Scholarship Information

Financial Aid Publications and Forms

Contact Us

Financial Aid Home Page

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TYPES OF FINANCIAL AID AVAILABLE

	Applying for Financial Aid Applying for a student loan Repaying your Student Loan Student Employment Academic Progress Scholarship Information Financial Aid Publications and Forms Contact Us Financial Aid Home Page Brookdale Home Page	GENERAL TYPES OF AID Grants -- money that you don`t have to pay back Loans -- money borrowed that must be repaid with interest Work -- money earned from employment and paid to student bimonthly Scholarships -- money available from outside sources; Click here for a free computerized search for scholarships on the Web. PROGRAMS AVAILABLE AT BROOKDALE Grants Federal Pell Grant is a grant ranging from approximately $400 to $4731.00 per year. Federal Supplemental Education Opportunity Grant (FSEOG) is an additional grant awarded to Pell recipients. The amount is based on financial need and available funds. New Jersey Tuition Aid Grant (TAG) is available for Full Time students attending New Jersey postsecondary institutions, including community colleges, state colleges and private schools.Click here to link to the New Jersey Higher Education Assistance Authority (HESAA) and to review eligibility requirements. Award values at Brookdale range from $561.00 to $2646.00. New Jersey Part-Time Tuition Aid Grant is for County College Students Within the limits of available funding, this program provides pro-rated awards to New Jersey county college students taking 6 - 11 credits per term, who are otherwise eligible for the Tuition Aid Grant Program. Click here to link to the New Jersey Higher Education Assistance Authority (HESAA) and to review student eligibility requirements. The maximum award for students enrolled half-time (6-8 credits) is $205.00 per term. Students enrolled three-quarter time (9-11 credits) may receive a maximum of $715.00 per term. New Jersey Educational Opportunity Grant (EOF) -- awarded on the basis of academic criteria and financial need. New Jersey Bloustein Distinguished and Urban Scholars -- High School students in their senior year are selected by their high school counselor and awarded by the Higher Education Student Services Association (NJHESAA) on the basis of academic achievement to students attending college full time. New Jersey Student Tuition Assistance Rewards Scholarship (NJSTARS) -- Beginning in 2004, New Jersey High School students who graduate in the top 20% of their class are eligible for two years of free tuition and fees. To qualify you must have attended your full senior year and graduated from a New Jersey High School. You must enroll in an associate degree program of a New Jersey Community College in the county in which you reside. Out of county residents will be considered, only if your county college does not offer the program in which you are interested in pursuing. You must be enrolled in a minimum of 12 non-remedial credits every semester and have a GPA of 3.0 at the start of your second year. You must apply for financial aid by completing the FAFSA and the Brookdale Community College NJ STARS Student Contract. NJSTARS II--Students who attend Brookdale FULL TIME for no more than 5 terms and graduate with an Associate Degree and a 3.0 GPA may qualify for free tuition and fees at a public College or University in New Jersey. ACADEMIC COMPETITIVENESS GRANT -- An Academic Competitiveness Grant will provide up to $750 for the first year of undergraduate study and up to $1,300 for the second year of undergraduate study to students who are eligible for a Federal Pell Grant, and who had successfully completed a rigorous high school program, as determined by the state or local education agency and recognized by the Secretary of Education. Second year students must also have maintained a cumulative grade point average (GPA) of at least 3.0. The program will be available for the first time for the 2006-07 school year for first year students who graduated from high school after January 1, 2006 and for second year students who graduated from high school after January 1, 2005. The Academic Competitiveness Grant award is in addition to the student's Pell Grant award. Brookdale Community College Foundation -- a select number of grants awarded on academic achievement and other criteria. Work Opportunities Federal College Work Study -- awarded on the basis of financial need and available funds; students are paid bimonthly at a rate of $7.50 per hour. Student Help -- Work in the College Commons, Store, Mail Room, Student Activities and other locations; students are paid bimonthly at a rate of $7.50 per hour. Student Loans Federal Direct Subsidized Stafford Loan -- $5500 for first year students and $6500 for 2nd year students enrolled in a program that is a full academic year program. Repayment begins six months after student drops to less than half time status; student has up to 10 years to repay. Current interest rate is 0% in-school (subsidized by federal government) and beginning July 1, 2008 a fixed rate of 6.8% cap during repayment. Federal Direct Unsubsidized Stafford Loan -- If a student is not eligible to receive funds from the subsidized stafford loan, a combination of subsidized and unsubsidized loans may not exceed $9500 for first year students and $10,500. for second year students. The interest and repayment terms are the same, except interest is not subsidized and will accrue during in-school and six-month grace periods. Federal Direct Parent Loan for Undergraduate Students (PLUS) -- Annual loan limit is the dependent student`s cost of education minus any estimated financial aid received. Repayment begins within sixty days of disbursement, or 6 months after the student stops attending at least 6 credits, with up to ten years to repay. Interest rate is a fixed 7.90%. NJ CLASS -- Annual loan limit is the cost of education minus any estimated financial aid received. Three repayment options: 1) defer all payments until after graduation; 2) pay interest only; 3) pay interest and principal. Students must take full Stafford eligibility first. Alternative Loans -- Alternative loans should be a last resort for students whose financial aid package already includes Stafford Loans and other sources of financial aid and still needs additional funding to meet their educational costs. Annual loan limit is the cost of education minus any estimated financial aid received. Eligibility is determined by the lender. The borrower must be credit worthy and have established annual income, or need a co-signer.