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RU Admissions - ideas in action
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Location & Contact Info.
Office of Admissions
Savitz Hall
Phone: 877-RU-ROWAN
admissions@rowan.edu
Financial Aid & Scholarships
College costs can seem overwhelming, but Rowan University is committed to providing all of its students with a top-quality education within their means. Nearly 70 percent of our students receive some form of financial aid, such as grants and loans or scholarships from federal and state sources, alumni, friends of the University and various other organizations.
Rowan's financial aid staff will review your case on an individual basis and create a financial aid package that suits your needs. It may include a combination of grants, loans and/or work-study funds. In addition, Rowan's scholarship committee will review your admissions application to determine whether you are eligible for one of our many scholarships that recognize academic acheivement.
How to Apply
Application Process
Applying for financial aid at Rowan is easy. There is no separate application. We encourage you to apply regardless of whether or not you feel you are eligible.
We do require you to fill out one separate form, the Free Application for Federal Student Aid (FAFSA). The FAFSA is available from your high school guidance office, Rowan's financial aid office and your local public libraries. The FAFSA also may be completed and filed electronically at http://www.fafsa.ed.gov We highly recommend filing the FAFSA online.
Why the FAFSA?
Information from the FAFSA feeds into a formula used by the federal government to calculate your expected family contribution to your college expenses. Like most colleges and universities, Rowan uses this formula as a basis for awarding financial aid dollars. Since this formula is standard, your expected family contribution will be the same at every college or university to which you apply. The FAFSA is used not only to apply for federal financial aid but also to apply for State of New Jersey financial aid programs and to qualify for certain loan programs.
Filling Out the FAFSA
Read each question carefully to complete the application. Refer to the instructions as needed and complete the worksheets provided. If you need assistance, please feel free to call Rowan's Financial Aid Office at 856.256.4250. Make sure Rowan's Office of Financial Aid receives your financial report by listing Rowan University in the institution section. Rowan's federal school code is 002609.
Once the FAFSA has been filled out (if filing the paper FAFSA), it must be mailed to the federal processing center. If applying through the Internet, please be sure you and a parent sign the FAFSA. You may e-sign using a PIN or you may print the certification page of the FAFSA and mail it to the federal processing center.
Deadlines
All applicants seeking federal and state aid must file the FAFSA after January 1. The Office of Financial Aid at Rowan University encourages you to file by March 15. After filing your FAFSA, you will receive a Student Aid Report (SAR) for your records. If you file the FAFSA including Rowan's school code, we will automatically receive your report. New Jersey students will also receive a Student Eligibility Notice (SEN) from the state.
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Grant Assistance Programs
Pell Grant: This federal program provides financial aid to students enrolled in eligible programs. The amount of the award is determined by the Pell Grant formulas, the cost of education and enrollment status. Pell Grants can range up to $4,050.
Supplemental Educational Opportunity Grant (SEOG): This federal program provides money to undergraduate students who have exceptional financial need, giving priority to Pell Grant recepients.
Tuition Aid Grant (TAG): This New Jersey program provides grants to full-time students (12 credits or more). Students must have lived in New Jersey for at least 12 consecutive months prior to receiving the grant.
Educational Opportunity Fund Grant (EOF): This New Jersey program aids students from educationally disadvantaged backgrounds with exceptional financial need. Students must have lived in New Jersey for at least 12 consecutive months prior to receiving the grant.
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Work Assistance Programs
Rowan's work-study programs provide part-time employment both on- and off-campus. Work-study awards are not credited directly to students' accounts; instead, they earn a paycheck with the understanding that the wages will be used toward meeting educational expenses. The work schedule is built around a student's class schedule. We make every attempt to place students in jobs that relate to their majors, interests or skills.
Federal Work-Study Program (FWS)
The Federal Work-Study Program provides part-time jobs to students who have financial need. FWS awards are not credited directly to a student's account but are part of the overall financial aid package.
Institutional Work-Study Program (IWS)
This program is similar to the Federal Work-Study Program, except that even students who do not have financial need may be employed through it.
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Loan Assistance Programs
Federal Stafford Loans
This loan program allows financially needy students who are matriculated in a degree program at least half-time to receive loans up to $3,500 per academic year for freshmen, $4,500 for sophomores and $5,500 for the remaining undergraduate years. Independent undergraduate students may borrow an additional $4,000 for each of their freshman and sophomore years and $5,000 for each of their junior and senior years.
A federal loan can be either subsidized or unsubsidized. If the loan is subsidized, no interest accrues to the borrower (student) while enrolled for at least six credits. If the loan is unsubsidized, interest will accrue to the borrower even while enrolled.
Parent Loan for Undergraduate Students (PLUS)
Regardless of income, parents may borrow up to the cost of attendance per year for each student enrolled at least half-time in college. PLUS loan applications are available in the Office of Financial Aid. For new loans, the interest rate is variable; however, it may not exceed 9%. Repayment begins 60 days after disbursement.
New Jersey CLASS Loans (College Loans to Assist State Students)
This loan program, which is funded and administered by the State of New Jersey, is designed to help students who need funding in addition to the Federal Direct Student Loan. Eligibility is based on credit-worthiness. Students must apply for a Federal Direct Student Loan before they can be approved for a New Jersey CLASS Loan.
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Other Payment Options
Payment by Credit Card
Visa, Mastercard, Discover and American Express cards are accepted.
Deferred Payment Plan
The University Plan requires payment in full of any previous balance plus one-half of the current semester charges, plus a $30 Deferred Payment Fee, on or before the indicated due date on your semester bill. You will be billed for the second half of your deferred payment at approximately the mid-point of the semester.
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Scholarships & Awards
Rowan University rewards academic success through an extensive scholarship program. Consideration is given to accepted students in the top percentage of their class who have scored 1,100 or better (Critical Reading and Math) on the SAT. In addition to the traditional State and University scholarship awards, many academic departments and organizations at Rowan offer scholarships.
The Rowan University Outstanding Scholars Program
Funded entirely by Rowan University to reward recent high school graduates who have achieved academic distinction as indicated by high school percentile rank and SAT score. The following chart shows the level of reward based on a student's academic record.
| SAT Range |
Class Rank Range |
RUOSP Award |
| 1,500-1,600 |
95-100 |
$10,900 |
| 1,400-1,490 |
95-100 |
$10,400 |
| 1,350-1,390 |
95-100 |
$9,000 |
| 1,300-1,340 |
95-100 |
$8,500 |
| 1,250-1,290 |
95-100 |
$4,700 |
| 1,500-1,600 |
90-94 |
$10,400 |
| 1,400-1,490 |
90-94 |
$9,000 |
| 1,350-1,390 |
90-94 |
$8,500 |
| 1,300-1,340 |
90-94 |
$8,400 |
| 1,250-1,290 |
90-94 |
$4,400 |
| 1,500-1,600 |
85-89 |
$4,700 |
| 1,400-1,490 |
85-89 |
$3,800 |
| 1,350-1,390 |
85-89 |
$3,300 |
Trustee Scholarships
Awarded to first-time freshmen entering in the fall semester ranking in top the 20 percent of high school class AND scoring 1150 or better on SAT. New Jersey residents will receive at least $2000 per year for four years. Out-of-state residents will receive at least $4000 per year for four years. Award will be credited toward tuition.
Transfer Trustee Scholarships
Awarded competitively to New Jersey community college graduates with 3.50 or higher GPA entering Rowan as full-time students in the fall semester. Award is $2,000 per year for two years.
William G. Rohrer Scholarships
Awarded competitively to first-time freshman and junior-level transfer students entering in the fall semester majoring in Business or Accounting with significant academic achievement, as well as demonstrated civic involvement and leadership skills.
Freshmen receive $2,000 per year for four years. Transfers receive $2,000 per year for two years.
August Bagin - Richard Ambacher, Sr. Memorial Scholarship
Awarded to one outstanding freshman and one outstanding transfer student accepted for admission as a Communication major. Award is a one-time grant of $1,000. Contact the College of Communication for details.
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