Financial Aid

Financial Aid Literacy

Financial literacy is a growing national concern, and it is very important that you use tools that provide assistance with your personal finance education. We have partnered with USA Funds® to offer a variety of tools and solutions that will help with your personal finances. Using these tools will empower you with critical knowledge to take control of now and after your graduate.

USA Funds Life Skills® is a Web-based financial literacy and student success program provided at no cost. The program equips students to manage their time and money wisely during school and after graduation. The program also allows schools to track students’ progress, assess their knowledge of key personal finance and student success concepts and measure behavioral changes by measuring gains in knowledge, capturing attitude and planned action after lesson completion, and tracking students’ application of the concepts and tools in the months following completion. To begin using this free financial literacy tool access the following brochure and learn how to create an account: USA Funds Brochure

Furthermore, take advantage of the USA Funds Student Loan Repayment Calculator which allows you to compare monthly payments, total loan costs and more. USA Funds Student Loan Repayment Calculator allows borrowers to compare monthly payments, total loan costs and payback schedules under all the repayment options available to federal student loan borrowers, including Income-Based Repayment and Pay as You Earn options. Click the link to begin  using the loan repayment calculator:  Student Loan Repayment Calculator

Should you have any questions about Financial Literacy, please contact the office at finaid@njit.edu  or at 973-596-3479.