Financial Aid Summary

Semester Calendar Year: Berkeley College’s calendar includes three terms organized on the semester system. The fall semester begins in September, followed by the winter semester in January, and the spring semester in April.

Standard Academic Year: Certain types of aid are pre-determined and distributed over the course of an academic year. A standard academic year (two consecutive semesters) is comprised of two terms totaling 30 weeks.

Award Year: Federal grants and loans are processed using a Borrower-Based Award Year (“Award Year”). Two consecutive semesters constitute one Award Year. Students are re-packaged at the beginning of every new Award Year.

 

Federal Financial Aid

Award Maximum Allowed
Federal Pell Grant Financial Aid Year 2017-2018 up to $5,920 per standard academic year
with Year-Round Federal Pell Grant up to $8,880 per semester calendar year
Federal Supplemental Educational
Opportunity Grant (FSEOG)
$250 for each award year
Federal Work Study (FWS) Awards vary
Veterans’ Benefits Awards vary
Federal Aid to Native Americans Awards vary
Social Security Benefits Awards vary
Federal Direct Parent Loan for Undergraduate Students (FDPLUS) Up to the cost of attendance minus other financial aid/ assistance and other resources for each award year

Annual Limits for Subsidized and Unsubsidized Federal Loans

Dependent undergraduates
(excluding dependent students whose parents cannot get PLUS)
Year Subsidized Total (Sub. & Unsub.)
First Year $3,500 $5,500
Second Year $4,500 $6,500
Third Year and beyond
$5,500 $7,500

Independent undergraduates and dependent students whose parents cannot get PLUS
Year Subsidized Total (Sub. & Unsub.)
First Year $3,500 $9,500
Second Year $4,500 $10,500
Third Year and beyond
$5,500 $12,500

Note: All undergraduate annual loan amounts are subject to proration.

Note: For information on aggregate loan limits, see: Federal Financial Aid Programs page.

New Jersey State Financial Aid

Award Award Amount
Tuition Aid Grant (TAG) Up to $12,438 per standard academic year
Student Tuition Assistance Reward Scholarship II (STARS II) Up to $2,500 (Must be NJ STARS recipient) per standard academic year
Governor's Urban Scholarship
$1,000 per standard academic year

New York State Financial Aid

Award Award Amount
Tuition Assistance Program (TAP) Up to $5,165 per standard academic year 
Using accelerated TAP (see New York State Financial Aid page), another 50% may be available for a third semester.
NYS Achievement and Investment in Merit Scholarship (NY-AIMS) $500 per standard academic year
Regents Award for Children of Deceased or Disabled Veterans Up to $450 per standard academic year
Aid for Part-Time Study (APTS) Awards vary based on need
NYS Native American Education Awards vary

Berkeley College Grants and Scholarships

With the exception of international and need-based grants, Berkeley College grant and scholarship awards are determined after all federal grants, Post-9/11 GI bill (Chapter 33) amounts, state grants, and state scholarships have been applied, not to exceed the total tuition amount.
Award Amount per standard academic year
Berkeley College Achievement Award Up to $3,000 based on GPA per standard academic year
Berkeley College Active Military Grant Awards vary based on number of credits and tuition rates
Berkeley College Alumni Legacy Scholarship 25% of tuition per standard academic year
Berkeley College Challenge Program $1,275 per award year for full-time students. Award amounts for part-time students are prorated based on the number of credits.
Berkeley College Corporate Learning Partnership Scholarship 20% of tuition per standard academic year
Berkeley College DECA/FBLA/HOSA Scholarship Full tuition per standard academic year
Berkeley College Diana Coleman Memorial Scholarship 50% of tuition per standard academic year
Berkeley College Distinction Scholarship 40% of tuition per standard academic year
Berkeley College Grant Award varies based on need and enrollment status (full-time or part-time) per standard academic year
Berkeley College Honors Scholarship 50% or full tuition per standard academic year based on GPA
Berkeley College International Achievement Award Up to 25% of tuition per standard academic year
Berkeley College International Grant Up to 25% of tuition per standard academic year
Berkeley College International Honors Scholarship 50% of tuition per standard academic year
Berkeley College Law Enforcement Scholarship 50% of tuition per standard academic year
Berkeley College Phi Theta Kappa Scholarship 50% of tuition per standard academic year
Berkeley College Power of ONE New Student Referral Program $8,500 for Associate's degree students per standard academic year
$17,000 for Bachelor's degree students per standard academic year
Berkeley College Presidential Scholarship 50% or full tuition per standard academic year based on GPA
Berkeley College TAP Grant (NY only)
$1,500 per standard academic year
Berkeley College Transfer Opportunity Program (T.O.P. Scholars) 50% of tuition per standard academic year
Berkeley College Yellow Ribbon Grant 50% of balance, per standard academic year, after all benefits are applied