Financial Aid Summary

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 Colleges’ 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.

Federal Financial Aid

Award

Maximum Allowed

Federal Pell Grant

Standard Academic Year 2021-2022 up to $6,495 per standard academic year with Year-Round Federal Pell Grant up to $9,742.50 per calendar year

Federal Supplemental Educational Opportunity Grant (FSEOG)

Federal guidelines require the awarding of FSEOG to the neediest population. The College starts with students that have a zero Estimated Family Contribution (EFC). FSEOG for the 2021-2022 standard academic year are based on fund availability and can generally range from $650 to $700 per standard academic award year. Eligible students are automatically considered for this grant. The FAFSA must be completed annually. Students who exhaust their Pell eligibility are not eligible for FSEOG.

Federal Work Study (FWS)

Awards vary

Veterans’ Benefits

Awards vary

Federal Aid to Native Americans

Awards vary

Social Security Benefits

Awards vary

Direct Parent Loan for Undergraduate Students

Up to the cost of attendance minus other financial aid/ assistance and other resources for each standard academic year

Annual Limits for Subsidized and Unsubsidized Federal Loans

Dependent undergraduates (excluding dependent students whose parents cannot get PLUS)

Standard Academic Year

Subsidized

Total (Subsidized and Unsubsidized)

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

Standard Academic Year

Subsidized

Total (Subsidized and Unsubsidized)

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

New Jersey State Financial Aid (pending the state budget)

Award

Award Amount

Tuition Aid Grant (TAG)

Up to $12,938 per calendar year (subject to change for 2021-2021-2022 aid year)

Student Tuition Assistance Reward Scholarship II (STARS II)

Up to $2,500 (Must be NJ STARS recipient) per calendar year

Governor's Urban Scholarship

$1,000 per calendar year

New York State Financial Aid

Award

Award Amount

Tuition Assistance Program (TAP)

Up to $5,665 per standard academic year 

Using accelerated TAP (see New York State Financial Aid page, another 50% may be available for a third semester (calendar year).

Enhanced Tuition Award

Up to $6,000 a semester standard academic 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 calendar year

Aid for Part-Time Study (APTS)

Awards vary based on need

NYS Native American Education

Awards vary

Veterans Tuition Awards (VTA)

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 direct subsidized loans have been applied. Students who elect not to borrow direct subsidized loans may still qualify for and receive need-based aid. Should students choose to borrow direct subsidized loans, such amounts will be applied before the Berkeley College need-based grant award is determined. Berkeley College grants and scholarships are identified below.

Berkeley College grants and scholarships

Award

Amount per standard academic year

Berkeley College Achievement Award

Up to $4,275 based on GPA per standard academic year

Berkeley College Alumni Legacy Scholarship

Up to 25% of tuition per standard academic year

Berkeley College Associate's to Bachelor's Grant

Up to 50% of Full time Pell and 50% of SEOG (if applicable). Eligibility is only for one time in the graduating semester in an associate's degree.

Berkeley College Bachelor Grant

 Up to 50% of tuition per academic year (percentage varies based on GPA)

Berkeley College Corporate Learning Partnership

Up to 30% of tuition per standard academic year

Berkeley College DECA/FBLA/HOSA Scholarship

Up to full 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 Graduation Incentive Grant

Allows students to earn credits that can lead to a cost-free last semester

Berkeley College Grant

Award varies based on need and enrollment status (full-time or part-time) per standard academic year

Berkeley College Honors Scholarship

Up to 50% or full tuition per standard academic year based on GPA

Berkeley College Interior Design Scholarship

Award amounts vary based on portfolio evaluation

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

Up to 50% of tuition per standard academic year

Berkeley College Law Enforcement Scholarship

Up to 25% or 50% of tuition per standard academic year. Up to 25% for part-time attendance and up to 50% for full-time attendance.

Berkeley College Phi Theta Kappa Scholarship

Up to 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

Up to 50% or 100% tuition per standard academic year based on GPA

Berkeley College TAP Grant (NY only) 

$1,500 per standard academic year

Berkeley College TAG 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 Dreamers TAG for two semesters within the calendar year

Berkeley College Dreamers TAP (NY only)

50% of balance after being award the Dreamers TAP every semester the student is eligible

Berkeley College ETA Match

Berkeley College’s Match to the NYS ETA Program every semester the student is eligible

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

Up to 40% of tuition per standard academic year (percentage varies based on GPA)

Berkeley College Yellow Ribbon Grant

50% of balance, per standard academic year, after all benefits are applied for Post 9/11 recipients at the 100% level

NJCECA Scholarship

Up to 1/3 of tuition every semester the student is eligible

Woodland Park Scholarship

Up to full tuition

Berkeley College Graduation Assistance Program

The Berkeley College Graduation Assistance Program is an Income Share Agreement

(ISA). For details about this program, see the Other Financial Assistance page.

Berkeley College Graduation Assistance Program

Award

Amount per standard academic year

Berkeley College Graduation Assistance Program

Awards vary based on need