Financial Aid

SEBS EOF exists to support access to quality higher education, especially for students who have encountered economical and educational challenges.

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GET READY FOR Fall!!!

Greetings to all,

In July the Rutgers Board of Governors voted to approve the tuition and fee rates for the 2017-2018 academic year.  When available, term bills can be accessed at studentabc.rutgers.edu.  Students with zero balance can confirm attendance.  If you owe a balance, you are responsible for payment.

IMPORTANT:  Please make sure to review your financial aid status for Financial Aid at Check required documents and Award Status.  IMPORTANT:  For Tuition Aid Grant (TAG) and EOF Grant check HESAA Status  and view the To Do List, check notices, and verify that your grants are posted and that you have no outstanding documents requested by the Higher Education Student Assistance Authority (HESAA).                                            

As the cost of education increases, so have the interest rates for federal student loans first disbursed on or after 7/1/17 and before 7/1/18.  For Direct Subsidized and Unsubsidized loans, the loan fee is 1.069% and the interest rate is 4.45%.  You can learn more about loans, rates and repayment at studentaid.ed.gov.  To view your student loan debt, check your loan balance and name of your servicer at the National Student Loan Data System.

Perkins Loans (regardless of the first disbursement date) have a fixed interest rate of 5%.  Rutgers University is the servicer for this loan.

For assistance paying for college, it is HIGHLY recommended to search for scholarships, there are payment plans and other limited opportunities.  Don’t forget to contact your EOF counselor for any updates and semester expectations.