1. The Free Application for Federal Student Aid
Apply on
Create an FSA ID for student and parent (if applicable):
Username & Password
Need assistance call:

2. Student and Parent cannot have the same FSA ID
Student and Parent cannot have the same FSA ID

3. FAFSA SUBMISSION DEADLINES

4. NEW JERSEY HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY (www. hesaa
NEW JERSEY HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY (
Deadline extended to June 1, 2017

5. IRS DATA RETRIEVAL TOOL (IRS DRT)
View and transfer your tax information from the IRS
Click on the Financial Information tab. Select “Already Completed” for the tax return filing status and answer the eligibility questions.
If eligible, click on Link to IRS and follow instructions
Save time & submit your data securely using the IRS Data Retrieval Tool!

6. LEAVE FAFSA WEBPAGE- ENTER IRS WEBSITE

7. TRANSFER TAX INFORMATION INTO THE FAFSA

8. Calculation of Financial Need

9. Sources of Financial Aid/Common Federal Aid Programs
Federal and State Grants
Federal Pell Grant
Federal Supplemental Educational Opportunity Grant
New Jersey Tuition Aid Grant
Federal Work-Study
Federal Loans
Subsidized & Unsubsidized
Federal Plus Loans
Institutional Aid-Scholarships
Private scholarship or loans
Other Government Aid e.g. G.I.Bill

10. Financial Aid Timeline
Complete a FAFSA each year (Available – October 1st-priority deadline March 1st)
Receive Electronic Notification
Comply with Document Information Requests, i.e. IRS Tax Return Transcripts, Proof of family members etc.
Aid applied to student’s account
Aid disbursed upon verification of attendance
Aid applicable only to courses required for degree program
Refunds to students issued 5 to 6 weeks after individual mini term has started

11. Verification and Special Circumstances
One-third randomly selected each year
Documentation requested to verify information on FAFSA
Special Circumstances
Cannot report on FAFSA
Change in employment status
Medical/any other unusual expenses not covered by insurance

12. Federal Financial Aid Information Page
Accurate, Comprehensive Information
Links to “Free” Scholarship Searches
Strategies---Maximizing Aid Eligibility
Answers to Frequently Asked Questions

13. Types of Student Loans https://studentloans.gov
Federal Direct Stafford Loans (Filed FAFSA required): Loans disbursed after July 1, 2016 and before 7/1/17
Interest rate 3.76% not to exceed 8.25%
minimum 6 credit per term enrollment
Online Application (MPN) & Loan Entrance Counseling, visit:
Subsidized (repayment 6 month after separation from College)
Unsubsidized (Capitalization of interest choice) rate 3.76%
PLUS – Parental Loan for Dependents (interest 6.31%)
Credit Approval required
Alternative Loans:
NJClass Loans (NJ State HESAA approval only)
Others

14. Stafford Loan Amounts

15. Tuition and Fees-Effective Summer 2017
In County Residency
Out of County Residency
Out of State Residency
Tuition
$125.00
Differential Fee
125.00
232.00
College Fee*
29.00
Total Cost per Credit
$154.00
$279.00
$386.00
* Includes Parking and Student ID

16. CCM Scholarships

17. Seeking Financial Aid Assistance?
It’s not too late to APPLY!!
To apply:
File the Free Application for Federal Student Aid (FAFSA) Online:
Application is available for filing after October 1st each year
CCM (FAFSA) School code:
Enter code on completion of your FAFSA
Questions:
New Jersey Higher Education Student Assistance Authority or