Undergraduate Financial Aid News

Federal Direct Loan Borrowers

All students who are receiving Direct Loans for the first time at FDU must complete Entrance Counseling and a Master Promissory Note before their loans funds can be disbursed. You may complete it online anytime, anywhere at studentaid.gov/. It will take about 20-30 minutes to complete the session. We will receive confirmation in approximately 3-4 days after completion. All loans must be accepted on Self Service through Self-Service in addition to completing your Master Promissory Note and Entrance Counseling.

How to Accept or Decline your Financial Aid on Self-Service

In order to accept your financial aid award, you will log in to your Self-Service account. Click the student tab. Go to the Financial Aid section (third item down on the left side.) Click on the last item “Financial Aid Self Service.” Select the Financial Aid tab at the top. In the drop-down choose “My Awards” Take the action of accepting or rejecting the available aid.

New Jersey Residents

Are you an NJ resident who has applied for financial aid? If so, please be aware of the following deadlines for submitting a FAFSA and state grant records (Applicant Information Requests (AIR), State verification, corrections, etc.) to the Higher Education Student Assistance Authority (HESAA). HESAA determines your eligibility for the Tuition Aid Grant (TAG), Governor’s Urban Scholarship, NJ STARS, and NJ STARS II programs. You can find more information and log into your account at www.njgrants.org.

Deadlines for 2022-2023

Renewal Students

Students who received state financial aid for AY 2021-22 and want to renew their aid for AY 2022-23 are to meet the following deadlines.

Submit FAFSA and NJ Alternative Application for Fall 2022 and Spring 2023 or for Spring 2023 Only April 15, 2022

New Students and Non-Renewal Students

All high school seniors, first-time college students, and students who did not receive state financial aid in AY 2021-2022 are to meet the following deadlines

Submit FAFSA and NJ Alternative Application for Fall 2022 and Spring 2023 September 15, 2022
Submit FAFSA and NJ Alternative Application for Spring 2023 Only February 15, 2023

All Students: Renewal Students, New Students and Non-Renewal Students

All students are to meet the following deadlines

NJFAMS Task Completion (State tasks, verification, corrections, reevaluations, adding a college, etc.) for Fall 2022 October 1, 2022
NJFAMS Task Completion (State tasks, verification, corrections, reevaluations, adding a college, etc. for Spring 2023 only March 1, 2023
Incomplete Applications, Base Year Corrections, Dependency Overrides for Fall 2022 December 1, 2022
Incomplete Applications, Base Year Corrections, Dependency Overrides for Spring 2023 March 1, 2023
Projected Year Changes (Incomplete Applications, Base Year Corrections, Dependency Overrides) for Fall 2022 and Spring 2023 March 1, 2023

New Jersey Dreamers

Effective Academic Year 2022-2023, NJ Dreamers are required to meet the same deadlines as above for Renewal or New Students. In lieu of the FAFSA, however, NJ Dreamers need to complete the NJ Alternative Application for Financial Aid.