Financial Aid Summary for students who started fall 2022 and later

A new or readmitting student means a student who is new to Berkeley College and starting their program in the fall 2022 semester and later or a student who left Berkeley College (not on an approved leave of absence) for one semester or longer and is returning to the College for fall 2022 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: The Department of Education defines a "Standard Academic Year." Under those guidelines, Berkeley College's Standard Academic Year is two semesters (30 weeks). Certain types of aid are pre-determined and disbursed over the course of a calendar year. Berkeley awards institutional aid and processes packages with new loan eligibility during the two-semester period. 

Award	Maximum Allowed Per Award Year
Federal Direct Unsubsidized Loan	Up to $20,500
Federal Direct Grad Plus	Up to the cost of attendance minus other financial aid/assistance and other resources
Federal Work Study (FWS)	Awards vary
Veterans’ Benefits	Awards vary
Federal Aid to Native Americans	Awards vary
Social Security Benefits	Awards vary
Berkeley College Access Grant	Award varies based on extraordinary circumstances as determined by the College.
Berkeley College MBA Alumni Grant	Up to 25% of tuition
Berkeley College MSN Grant	Up to 25% of tuition
CH35 Assistance Scholarship	Up to 50% of tuition
Corporate Learning Partnership	Up to 30% of tuition per standard academic year
Hispanic Chamber of Commerce Scholarship	Two scholarships up to 30% of tuition per standard academic year
NYC Mayor’s Graduate Scholarship	Up to 15 scholarships at 20% tuition reduction
Yellow Ribbon Grant	50% of balance, per standard academic year, after all benefits are applied for Post 9/11 recipients at the 100% level