Types of Financial Aid at Raritan Valley Community College
Grants are awarded based on economic need. You do not need to pay back grants.
The Free Application for Federal Student Aid (FAFSA) is the application for grants.
Click on each grant to find our more information.
Scholarships are awarded based on academic or athletic ability. You do no
need to pay back scholarships.
Institutional Scholarships
RVCC offers a variety of academic and non academic scholarships for our students. Please refer to the
Scholarship Webpage for more information on the variety of scholarships that we offer and links to the
applications.
State Scholarships
The NJ STARS award covers the cost of tuition and approved fees less any State and/or Federal grants
and scholarships for up to five semesters. The award covers these costs for up to 15 credit hours per semester.
Students must be enrolled full-time for a minimum of 12 college-level credits and may take up to 3 credits of
remedial/developmental coursework per semester. Candidates must graduate high school in the top 20% of their graduating class and file the
FAFSA annually within established State deadlines.
Edward J. Bloustein Distinguished Scholars (DS) Award
Demonstrate academic achievement based upon secondary school records and SAT scores at the end of the junior year. Candidates
are selected for consideration by their high school based upon standard academic criteria
in the fall of their senior year in high school. Click
here to find out more information about this program.
Urban Scholars (US) Award
Scholarship recognizes outstanding academic achievement of graduating New Jersey high school seniors
attending public secondary schools in the State's urban, economically distressed areas
Candidates are selected for consideration by their high school based upon standard academic criteria in the
fall of their senior year in high school. Click
here to
find out more information about this program.
PLEASE NOTE THAT ALL STUDENT LOANS MUST BE REPAID
Stafford loans are established and supported by the federal government, but a participating commercial lender,
such as a bank or credit union, actually makes the loan. Interest rates for Stafford loans disbursed for new Stafford
Loans are fixed at 6.8%. Students will begin repayment on Stafford Loans 6 months after their last date of attendance.
Stafford Loans are available to all students who meet the financial aid eligibility requirements and are enrolled
in a minimum of six (6) credits (half-time).
All student borrowers must complete a Loan Request Form.
First time borrowers at RVCC must complete federally mandated Entrance Counseling and a Master Promissory Note (MPN).
For additional information about Stafford loans and how to request one please refer to our
Loan Information page.
The Federal Work Study (FWS) Program is a federally funded, financial aid program designed
to provide part-time employment for students with unmet financial need. Unlike other financial aid
programs that are credited directly to the students account, Work Study must be earned by working
at RVCC. All FWS positions at RVCC are on-campus; there are no off-campus positions available. FWS
Students receive a bi-weekly payroll check like other part time student workers. The amount of your
hourly wage & the amount of your work study allocation will determine how many hours you are allowed
to work per semester. When the FWS allocation is reached, the student must stop working! RVCC
receives a limited amount of FWS funds per fiscal year from the Federal Government. The
Financial Aid Office monitors and administers this program. For more information
on this program see our Student Employment page.
Students can pay for their classes with cash, personal check, or credit card.
Raritan Valley Community College accepts Visa, MasterCard and Discover.
You may also want to consider using a payment plan through Sallie Mae for
all of your charges or in conjunction with the financial aid that you receive.
The Payment Plan is not a loan, so there are no interest charges. Sallie Mae
assesses an enrollment fee of $45 per semester to a student enrolled in one of
their payment plans. For more information on the payment plan option click
here.
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Raritan Valley Community College
Updated 030108 by EB