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Mission Statement

Chapter 1

Chapter 2

Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Chapter 12



2012– 2013

Chapter Three


There are many criteria that determine eligibility for financial aid, however, the predominant one for financial aid administered through the UMDNJ Financial Aid Office is financial need, as demonstrated on the FAFSA form. All graduate and professional school students are considered independent. However, students who want to be considered for the Federal Primary Care Loan (PCL), Federal Health Professions Student Loans (HPSL), Federal Loan for Disadvantaged Students (LDS), and/or Federal Scholarships for Disadvantaged Students (SDS) must provide parental information on the FAFSA. Students in the School of Health Related Professions and School of Nursing undergraduate programs may be dependent or independent based on their date of birth and/or other factors. An "Expected Family Contribution" (EFC) will be calculated by Federal Student Aid, an office of the U.S. Department of Education and will be based on the information in which you submitted on the FAFSA. Your financial need is then determined by subtracting the EFC from your Student Expense Budget.

The Expected Family Contribution (EFC) represents an estimate of the ability of the student and, if applicable, the student's family to contribute to the educational costs. This standard need analysis is called Federal Methodology (FM) and was passed into law by Congress under the Reauthorization of the Higher Education Act of 1992. FM uses "base year date." This means that the previous year's income will be used in the analysis. An "income protection allowance", which represents the cost basic necessities for all family members, in used in calculating the EFC. FM allows for adjustments to be made by the financial aid administrator on an individual basis with required written documentation.

The Student Expense Budget is the cost of the student's education for an academic year. It takes into account tuition, fees, books, supplies, estimated room and board, personal, and transportation costs. The student expense budget covers expenses for only the period of enrollment. For example first year students are predominately enrolled for nine months. Financial aid covers living expenses only for the nine months. Periods of continuous non-enrollment are not included and are not funded. Therefore, personal budgeting of financial aid and living expenses is crucial. Estimates of room, board, personal, and transportation expenses are based on surveys of former students and the Bureau of Labor Statistics budget expenditure figures. Room allowances for rent are based upon the assumption that two students will share a two bedroom apartment. For review of specific cost of attendance, click here Student Budgets and then click the link for your specific school/program.

Financial aid is awarded by the UMDNJ Student Financial Aid Office in response to the calculated financial need. The amount and type of aid is based on financial need, specific eligibility requirements and UMDNJ's financial aid packaging policy. The financial aid packaging policy is a formula developed to determine the amount of aid to be given to the student from the University administered aid programs. The total amount of need-based aid (see following list of funds) awarded to the student cannot exceed his or her financial need.

The need-based programs are as follows:

  • Disadvantaged Student Fund (DSF)
  • Educational Opportunity Fund Grant (EOF)
  • Federal Pell Grant
  • Federal Perkins Loan
  • Federal Work-Study Program (FWS)
  • Health Professions Student Loan (HPSL)
  • Loans for Disadvantaged Students (LDS)
  • Martin Luther King Physician/Dentist Scholarship (MLK)
  • Primary Care Loan (PCL)
  • Scholarships for Disadvantaged Students (SDS)
  • Supplemental Educational Opportunity Grant (SEOG)
  • Tuition Aid Grant (TAG)
  • William D. Ford Direct Loan Program

For detailed information on these programs, click here Summary of Major Financial Aid.

The cost of pursuing a professional education is very high. The average cumulative debt for UMDNJ Medical and Dental School Classes of 2010 was between $130,000 and $157,000. It is important to note that average indebtedness differs significantly among UMDNJ schools. For most students, paying for their education will depend upon planning and resourcefulness. We urge you to investigate every opportunity to complement your aid package. For example, look into private sources such as employers, parents' employers, unions, civic, religious, and ethnic organizations.

The UMDNJ Student Financial Aid Office will cooperate fully in providing whatever information you need to fill out the appropriate application forms. The key to planning the financial aspect of your education is working together with the UMDNJ Student Financial Aid Office. Call to set up an appointment with a financial aid officer. This person will go over program regulations and eligibility criteria and counsel you in the terms and conditions of all educational loans. The UMDNJ Website can also provide useful information to assist you.

There are certain academic and financial requirements you must fulfill in order to receive aid. Students in default on their education loans, or owing a refund on their Federal PELL, FSEOG, or SSIG (from undergraduate study); will be ineligible to receive financial aid at UMDNJ until those obligations are satisfied. Student who are enrolled less than half-time are not eligible for financial aid. In addition, all students must be making satisfactory academic progress to be eligible for financial aid. Contact your UMDNJ Student Affairs Office for specific information on the standards of satisfactory academic progress.


Any institution of higher education must provide to students, upon enrollment, a notice of the penalties for a drug conviction on the student's federal financial aid.  If a student subsequently loses eligibility for federal financial aid as a result of a drug conviction, the institution must notify the student of his or her loss of eligibility and how he or she may regain it.

The goal of the UMDNJ Financial Aid Office is to provide students with sufficient resources to meet their financial need and to distribute funds to eligible students in a fair and equitable manner.

Every year, the U.S. Department of Education, the U.S. Department of Health and Human Services, the State of New Jersey and various other agencies allocate funds to UMDNJ. It is the UMDNJ Financial Aid Office's responsibility to distribute these funds equitably. The amount awarded to each student will vary based on financial need and program regulations.

All students presenting unusual and extenuating circumstances will be reviewed by the Financial Aid Office on a case-by-case basis after providing appropriate written documentation.


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