There are a number of options available to students when it comes to financing their higher education. These may include a combination of the following:
Grants are considered "gift aid," in which students do not need to repay this funding upon graduation. Most grant programs are government sponsored and awarded based on financial need.
NJ STARS award covers the cost of tuition, less any state and/or federal grants and scholarships, for up to five semesters. The award covers these charges for up to 18 credit hours per semester. Funding for NJ STARS awards is dependent upon annual state appropriations.
Scholarships are also a form of gift aid, however this type differs from grants. Scholarships may be offered by private institutions and often entail a separate application process. Applicants must meet certain criteria specified by the scholarship program, and these awards are based on merit.
Loans are a form of financial aid that eventually must be repaid. Students can borrow loans through the federal government, state agencies or private lenders. Private financing options such as alternative loans are subject to credit checks and prior approval from lenders.
Federal Work Study, enable students to earn money to put toward their educational expenses.
National Guard Waiver covers only the per-credit cost of tuition at Rowan College; students are personally responsible for the payment of all other fees associated with the cost of registering at the College. (These fees include, but are not limited to, an admissions application fee, lab fees associated with each course, books and related materials.)
Veterans Benefits Veterans who need information regarding their Montgomery GI Bill Benefits need to log on to the VA website and follow the prompts to Education Benefits. This website will provide Chapters 30, 33, 35, 1606 and 1607 eligibility requirements.
Volunteer Firefighter Credit Volunteer firefighters and rescue workers may be eligible for a $300 tuition credit each semester. This credit is capped at $600 per academic year, and the maximum total is $2,400.