May 2006 Volume 1, Issue 2

May 2006 Contents

financial services 'to do' list

girl at computer This list will provide you with the most relevant tasks for you to complete regarding your financial aid.  Additionally, it will provide important dates and a timeline of the various stages of the financial aid process.

 

 


Here is your reward -- Your award!

You took the time to file your FAFSA; Here is your reward!  All TCNJ students who filed a FAFSA for 2006/2007 and completed additional steps as requested will be awarded financial aid. 

 


Congratulations spring 2006 graduates!

Do you need official transcripts?  If you were a recipient of any Federal student loans (Stafford or Perkins) while enrolled at The College of New Jersey, you have one more step to complete to get your transcripts!

 


It's not too late!

Submit your FAFSA (Free Application for Federal Student Aid) for the 2006/2007 academic year.  Students are encouraged to apply as early as possible to ensure that full consideration is given for all Federal and State financial aid resources. 


satisfactory academic progress

Have you met the requirements of Satisfactory Academic Progress (SAP) for financial aid?  There is a difference between SAP for continued enrollment/graduation and SAP for financial aid.  Don't lose your eligibility for financial aid!


the Federal Deficit Reduction Act

stretching dollarThere are new Federal loan changes coming for the 2006/2007 academic year that will affect all students relying on Stafford and PLUS loans.  Additionally, if you are thinking about loan consolidation there are important changes that you need to be aware of!


What is Loan consolidation?

calculator and cashFederal laws governing loan consolidation are changing.  Check out this article for the most up-to-date information on how and when you can consolidate your loans.

 

 


Student Financial Services Billing Calendar

Billing due date

Keep up-to-date with TCNJ's billing cycle.  The billing calendar is a great item to post in your home or office to remind you of upcoming billing due dates.

 


New Aid Rules Make Student Work A Better Deal (U.S. News)

hand with money"Every June, millions of parents say the same three words to newly graduated high school seniors: "Get a job!" But work-averse teens sometimes argue that it isn't worth the effort, since every dollar they earn could reduce future college financial aid by as much as 50 cents," reports U.S. News and World Report. "Teens: Get ready to put those work gloves on. In a move that will no doubt delight parents, the government has reduced that  penalty for working students."

You can read the complete June 2, 2006 U.S. News article on-line.

                                      Posted June 5, 2006 on www.NASFAA.org

 


Sign up Responsible Bill Payer for E-mail Notifications

Pay here signStudents may designate an alternate non-TCNJ e-mail address for billing notifications to be sent to the responsible bill payer (i.e. parents, guardian, work,etc...)

 

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