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 2018-2019 up to $6,095 per standard academic year


with Year-Round Federal Pell Grant up to $9,142.50 per semester calendar year $700 for the award year for students whose award year began in Spring or Fall 2018.
$900 per the award year for students whose award year began in Winter or Spring 2019.
Award amounts are determined on availability of funds

Federal Supplemental Educational

Opportunity Grant (FSEOG)

$400 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 (pending the state budget)

Award

Award Amount

Tuition Aid Grant (TAG)

Up to $12,686 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.

Enhanced Tuition Award

Up to $6,000 a semester calendar year (less any NY TAP award). NYS will contribute 50% of the award (up to $3,000)
and the remaining half is awarded by the College (up to $3,000). (See New York State Financial Aid Page.) 


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

Berkeley College need-based grant awards are determined after all federal grants, Post-9/11 GI bill amounts, state grants, state scholarships, Berkeley College grants and scholarships (not need-based), outside resources (such as private scholarships, VA benefits other than Post-9/11 GI bill, tuition reimbursement, etc.), and federal subsidized loans have been applied.

Award

Amount per standard academic year

Berkeley College Achievement Award

Up to $3,000 based on GPA per standard academic year

Berkeley College Alumni Legacy Scholarship

25% of tuition per standard academic year

Berkeley College Bachelor Grant

Up to 50% of tuition per academic year

Berkeley College Corporate Learning Partnership Scholarship

30% of tuition per standard academic year

Berkeley College DECA/FBLA/HOSA Scholarship

Up to 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 Graphic Design Scholarship

Award amounts vary based on portfolio evaluation

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 Military Tuition Assistance Grant Awards vary based on number of credits and tuition rates

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 award year

Berkeley College TAP Grant (NJ only)

Awards vary and are awarded for one semester as needed

Berkeley College Dreamers TAG (NJ only)

50% of balance after being awarded the Undocumented TAG

Berkeley College ETA Match Berkeley College’s Match to the NYS ETA Program

Berkeley College Transfer Opportunity Program (T.O.P. Grants)

50% of tuition per standard academic year

Berkeley College Yellow Ribbon Grant

50% of balance, per standard academic year, after all benefits are applied

NJCECA Scholarship

 1/3 of tuition per award year.

Berkeley College – Other Financial Assistance

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 Graduation Assistance Program Amounts vary

The Berkeley College Graduation Assistance Program is an Income Share Agreement (ISA). In general terms, an Income Share Agreement (ISA) is a contractual agreement in which a student receives education funding in exchange for an agreed upon percentage of post-college attendance income over a defined number of years. See the Other Financial Assistance page for details.