With support from the state of New Jersey’s “Tools for College Access” Grant, NJIT is offering additional opportunities for prospective students to learn about financial aid.

Our Financial Aid Newsletter for fall 2010 freshmen, previously available only in English, is now available in Spanish.

Obama’s Stimulus Package and College Education

Overall, the bill will set aside $32 billion to help college students, researchers and campuses. The Federal Pell Grant, a financial aid system which provides need-based grants to low-income undergraduates and some post baccalaureate students to support access to post-secondary education, will increase from $4,731 to $5,550 starting July 1, 2010. This will be enough to cover three-quarters of most four-year colleges and mean an extra 800,000 students will get funding. Computer expenses will be an allowable expense for 529 savings plans. $54 billion of the state stabilizing fund will be spent on modernizing facilities. $1.5 billion will be set aside for university research facilities

Upcoming Events:

NJIT Experience Days                                                                      

April 11 & 18, 2010 

Time:          1:15 - 3pm

Location:    Student Mall (Underneath NJIT Parking Deck)

College Bound Day

High school seniors have been invited to attend Financial Aid workshops, get financial aid advice from experienced professionals and have assistance with FAFSA completion.

April 13, 2010

Time:          9-1 pm

Location:    NJIT Campus

Procrastinator’s College Fair

April 24, 2010

Time:          10-1 pm

Location:    Newark Public Library (Springfield Branch)

                   50 Hayes Street, Newark, NJ 07103

High school seniors, Post-High school and Graduate students are invited to join NJIT and the Newark Public Library for a day of financial aid workshops, SAT registration, Scholarship mentoring, and assistance with college documentation/completion.  For more information please contact Ms. Tracy Harrison at 973-642-4871 or Mr. Brown at 862-368-4261.