Financial Aid Options

Assistance in Paying for College
RVCC’s campus is open to anyone seeking quality higher education. With a number of state, national, and institutional financial aid options, loans, and scholarships, we can tailor a funding package to meet your needs. To see if you qualify for financial aid at RVCC, you must complete the FAFSA application (school code 007731). You can view your financial aid information through your RVCC account.

To be eligible for financial aid, you must have a high school diploma, participate in a program that leads to a degree or certificate, and meet minimum grade requirements. All U.S. citizens, nationals, or eligible non-citizens that do not owe money to a federal aid program and have not been convicted of selling illegal drugs while under a federal aid program can apply for federal financial aid. Only New Jersey residents enrolled in at least 6 credits per semester are eligible for state financial aid.

Grants
Loans

Federal Pell Grant
Financially eligible students without a bachelor's or professional degree may be eligible for a Pell Grant. Unlike a loan, this grant does not need to be repaid. Its amount may be adjusted based on your number of course credits.

Federal Supplemental Educational Opportunity Grant (SEOG)
This grant is reserved for students with the highest financial needs, based on the lowest expected family contributions. Like the Pell Grant, it does not need to be repaid.

Federal Work Study
RVCC can offer you a part-time job on campus to help you pay for your college expenses. We help you choose the right fit, considering both your values and your course of study so you can get the most out of your experience.

Tuition Aid Grant (TAG)
This grant is awarded based on financial need and does not need to be repaid. Eligible students can receive up to $2,400 annually.

Educational Opportunity Fund (EOF)
This grant offers students year-round services, including financial aid, academic counseling and support, enrollment assistance, funding for summer classes, and more.

Federal Stafford Student Loans (Subsidized and Unsubsidized)
Stafford Loans are issued by the government with no required co-signers or credit checks. An interest rate of 5.6% applies to the subsidized loan, and 6.8% for the unsubsidized loan. Subsidized loans are awarded on the basis of financial need, and the government will pay interest while you are in school.

Students must complete a Master Promissory note (MPN), entrance counseling at www.studentloans.gov, and submit a loan request form.

Federal PLUS Loan
This loan is available for parents who cannot pay their child’s education expenses. Parents must complete a PLUS Loan Application and the Master Promissory note, and pass the required credit check at www.studentloans.gov. Once the loan has been approved, students must complete the loan request form.

NJ CLASS
New Jersey residents are eligible for this fixed-rate, credit-based loan program, which offers flexible repayment options and a low interest rate.