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The scholarship policy is set up by the Office of University Admissions and Office of Financial Aid which serves as a guide to understanding how your scholarship finances your education. Please read the policy thoroughly to understand how you may be affected by the terms of your scholarship.

ACCEPTING THE SCHOLARSHIP

1. Returned the Scholarship Acceptance Reply Form by the date specified on the offer letter.
2. Deferring Admission doesn’t guarantee scholarship availability. Students must consult with Admissions and Financial Aid for approval.
3. If a student chooses to attend another college or university or withdraws from NJCU, the scholarship is forfeited.
4. Scholarships are awarded for 4 years (8 semesters). Transfer scholarships are awarded for 2 years (4 semesters).
   Awards are applicable to the receipt of 1st Degree only.

FINANCIAL AID GUIDELINES

1. Students are required to do the following:
   1. Submit the FAFSA application every academic year. The FAFSA application or Renewal FAFSA is available every October 1st.
   2. Renewal FAFSA or NJ Alternative State Application’s must be renewed by April 15th.
   3. Complete Federal Verification Requirements (if selected)
   4. Complete State Verification Requirements (if selected)
   5. Enroll for a minimum of 12 credits per term (15 recommended)
2. Eligibility for Federal/State Grants will first be applied towards the cost of tuition and fees. Any remaining costs will be covered by the merit scholarship.
   1. Scholarships will cover the following: NJCU Tuition, student activity fee, orientation fee, transcript fee, and lab fees.
   2. Scholarships do not cover the following fees/charges: Housing/Meal Plan, Health Insurance, Parking, Electronic textbook fees, or other institutional charges.
3. Scholarships can be used for Study Abroad for programs that charge NJCU tuition only. 
4. Scholarships may be applied to Fall and/or Spring terms only.
5. For students receiving a tuition waiver, the value of the scholarship award will be reduced based upon the reduction of the tuition charges.

RENEWING THE SCHOLARSHIP

1. Scholarship renewal will be reviewed on an annual basis at the end of each spring semester.
2. Students must submit renewal FAFSA and renewal TAG application by April 15th.
3. A student must be enrolled full time (12 credits or more) each semester as a degree seeking student.
4. Students must earn, at a minimum, 24 new credit hours each academic year (including summer semester).
5. Student must meet Satisfactory Academic Progress
6. Merit scholarships are renewable based on the terms of the scholarship or to the point where  the student has completed degree requirements for their first bachelor's degree; whichever comes first.
7. A cumulative GPA of 3.0 is required to maintain 100% value of merit award.  If a student falls below the required GPA agreement, the scholarship will be adjusted to a percentage (Please see GPA Requirement Guidelines below).   This is considered a probationary period and student risks losing their scholarship if their GPA is not brought back to a minimum of 3.0.
8. If a student withdraws from NJCU the scholarship is forfeited.

GPA Requirement Guidelines