Applicants completing the appropriate section of the admission
application will be considered for those financial awards granted by
the university for which they may be eligible. A separate application
is required for assistantships. Only full-time students are considered
for assistantships and fellowships. Please keep in mind that
applications for assistantships and fellowships are competitive and
requests exceed availability.
Applicants must complete the
FAFSA annually and submit it to the federal processor. To ensure full
consideration for funds, students should submit the FAFSA at the time
they submit the admission application, but no later than March 15 if
they are seeking aid for the following academic year.
Applicants are considered for all types of aid for which they are
eligible. Letters announcing financial aid decisions are mailed to all
students as soon as possible after admission. Awards are based on
financial need and are limited by the March 15 priority filing date.
Thus, there is a definite advantage to submitting an early, accurate,
and complete FAFSA.
Counseling is available at the Office of
Financial Aid to all students regardless of whether they qualify for
financial aid. When comparing aid offers from Rutgers with those from
other institutions, students should remember that costs often differ
significantly from school to school. Therefore, the important
consideration to weigh is not the dollar value of a financial aid
offer, but the difference between the total value of the financial aid
package awarded by the institution and the cost of attending that
institution.
If a student or a student's family experiences
unusual circumstances after receiving a financial aid award letter, he
or she may file an appeal. Unemployment, sudden medical expenses, loss
of wages, increased tuition for elementary or secondary schools may
affect your ability to contribute toward the cost of education. The
financial aid office may be able to offer assistance.
Students
enrolled in the professional accounting program should contact Maria
Correia or Marjorie Hendrick for all matters relating to this program.
Financial aid counselors are assigned to regular M.B.A. students.