Transfer Students
Apply for Aid as a Transfer Student
If you plan to transfer to the New Jersey Institute of Technology (NJIT), please follow the steps below to ensure you receive your financial aid offer in a timely manner.
To apply for federal, state and institutional aid, you must complete a Free Application for Federal Student Aid (FAFSA). Once your application and any required verification are complete, your financial aid - including grants, scholarships, and loans - will be disbursed directly to your tuition account at the beginning of each semester. NJIT’s federal school code for FAFSA is 002621. NJIT’s priority filing deadline is March 1st. If you have already completed a FAFSA for another school, you will need to add NJIT to your FAFSA by following the steps below:
- Go to FAFSA and click on Edit Existing Forms
- Add NJIT’s school code 002621 in the “Colleges” section
- Sign and submit your FAFSA
New Jersey Alternative Financial Aid Application
The New Jersey Alternative Financial Aid Application allows NJ Dreamers enrolled at eligible New Jersey colleges and universities to apply for state-based financial aid. To learn more or start your application, visit the Higher Education Student Assistance Authority (HESAA).
Note: Students who are eligible for federal aid through FAFSA must not complete the New Jersey Alternative Financial Aid Application.
Notify your current institution that you are transferring and request that any pending financial aid for future terms be canceled before NJIT can process your aid.
Verification is a process required by the U.S. Department of Education to confirm the accuracy of the information you provided on your Free Application for Federal Student Aid (FAFSA).
If your application is selected for verification, our office will notify you by email with detailed instructions on how to provide the requested documents. To avoid delays in the processing and disbursement of your financial aid, please submit all required documents before March 15.
New Jersey Residents
If you are a New Jersey resident and have been selected for state verification, all required documentation must be submitted directly to the Higher Education Student Assistance Authority (HESAA) through the NJFAMS portal.
A College Financing Plan provides a detailed overview of the financial aid being offered to a student. This may include scholarships, grants, loans, work-study employment, or other forms of financial assistance to help cover college expenses.
Students, along with the parents of dependent students, will receive an email notification with their preliminary aid amounts. Your financial aid offer is considered an estimate until all required financial aid documents and processes are complete. Certain requirements must be met before you can receive an official offer, and your financial aid award may change once all documentation has been reviewed and processed.
Grants and scholarships are automatically applied to your tuition and fees bill. If you plan to use student loans or wish to work on campus under Federal Work Study, you must accept them through your financial aid dashboard.
- Claim your UCID (If not already done so).
- Go to my.njit.edu.
- Enter UCID & password.
- Click on Discover More.
- In the Financial Aid Account Card, click on "Financial Aid Dashboard".
- Select "2026-2027" Aid Year from the drop-down.
- Go to Award Offer tab.
- Under 'Loans' section, review and accept or decline your awards.
- Click 'Submit'.
What is a Master Promissory Note?
The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loan(s).
What is an Entrance Counseling?
Entrance Counseling helps ensure that you understand the terms and conditions of your loan, as well as your rights and responsibilities as a borrower. During counseling, you will learn:
- What a loan is and how it works
- How interest accrues
- Your repayment options
- How to avoid delinquency and default
First-Time Borrowers
First-time borrowers will need to complete a Master Promissory Note and Entrance Counseling requirements through studentaid.gov for their federal student loans.
Federal Direct PLUS Loans
Parents who are borrowing a Federal Direct PLUS Loan must complete a Master Promissory Note (MPN).
If a parent applies for a PLUS Loan with an endorser or must appeal a credit decision for approval, they are also required to complete PLUS loan credit counseling.
Private Loans
If you are borrowing a private loan, you should regularly monitor communications from your lender to ensure all required steps - such as accepting the loan’s terms and conditions - are completed. Failure to submit requirements on time may affect your loan eligibility and disbursement.
If you need additional funding to cover your tuition or other school-related expenses, several options are available:
- Parent PLUS Loan – Parents of dependent students may consider this federal loan option.
- Graduate PLUS Loan – Available for graduate and professional students.
- Private Student Loans – Many banks and lenders offer private loans. You may choose any lender you prefer. Click here to help you compare private loan options.
- Payment Plan – You can enroll in a payment plan through the Bursar's Office
- Scholarship Universe – Admitted students have access to Scholarship Universe — a personalized gateway to external scholarship opportunities. Scholarship Universe connects students with real, verified scholarships tailored to students’ academic profiles and interests.
If your account has a credit balance after your financial aid is disbursed, you may be eligible to receive the excess funds as a refund. The fastest way to receive your refund is by setting up direct deposit.
After you complete your FAFSA, the Office of Student Financial Aid Services (SFAS) will receive your application for processing. You can monitor your progress and manage your financial aid by following these steps:
- Go to my.njit.edu
- Enter UCID & password
- Click on Discover More
- In the Financial Aid Account Card, click on "Financial Aid Dashboard"
- Select Aid Year from the drop-down
- Go to Award Offer tab for aid amount
- On the home page, look at Unsatisfied Requirements to review open document requirements