Applying for financial aid and receiving money to save on college costs may seem like an overwhelming process, but we're here to help.

RCBC has a comprehensive financial aid program that includes scholarships, grants, loans and work-study opportunities to assist students in meeting college costs. Funds come from many sources including state and federal governments, local businesses and industry, and civic organizations.

Let's Get Started!

STEP 1

Create an FSA ID, which is your electronic signature when completing financial aid and loan applications.  If you are a dependent student, your parent(s) must create one as well. 

Click here to create or manage your FSA ID

STEP 2

Complete the Free Application for Federal Student Aid (FAFSA) at fafsa.gov. The application is available October 1st prior to the school year for which you wish to receive federal and state aid.

Click here and use RCBC's federal school code: 007730

The FAFSA for the 2019/2020 academic year is now available for Summer 2020.

The FAFSA for the 2020/2021 academic year is also available. Complete this application if you will be attending Fall 2020, Spring 2021 and/or Summer 2021.

Our name may still populate as Burlington County College when you search for us on your FAFSA application but we will still receive your information.

STEP 3

Within two weeks after you have filed the FAFSA, view your Student Aid Report (SAR) at fafsa.gov. You may also need to provide additional information to RCBC. Log into BaronOne to check your document requirements in the Financial Aid section of Self-Service.​

students flipping notecards making it rain
Need Help with Financial Aid?

Need to speak with someone in financial aid? Schedule a virtual appointment!

Emailfinancialaid@rcbc.edu
Phone: (856) 222-9311, ext. 1575
Fax: (609) 894-0139

The Verification Process

Sometimes more information is required to process your FAFSA. This process is called Verification. Additional information is usually requested by the U.S. Department of Education, New Jersey Higher Education Student Assistance Authority (HESAA) and/or the Office of Financial Aid to verify information on a student’s FAFSA (Free Application for Federal Student Aid). The supporting documentation is used  to check the accuracy of the FAFSA information and make corrections if needed.

If selected, a student MUST submit the requested documentation and complete the verification process before financial aid can be awarded to your account. In certain cases, once verification begins, additional information may be requested to resolve additional discrepancies.

For more information about the Verification Policy, click here.

Keeping Your Financial Aid

Keeping your financial aid is an important part of completing your program of study. Below are some helpful tips that will help keep you on the right track.

The Basics

  1. Complete the FAFSA each year.  The FAFSA uses income information from two prior years. Students are able to complete the FAFSA beginning October 1st of each year. Use the IRS Data Retrieval Tool to reduce errors and verification selection. The FAFSA covers the fall, spring, and summer semesters.
  2. Notify the Registrar’s Office of any changes in your address, phone, and email address.
  3. Make sure you check your RCBC Student Email account regularly.
  4. Make sure you log in and check your financial aid status on your Baron One Self-Service account.

Learn more about the Financial Aid Satisfactory Academic Progress (SAP) Policy.

Types of Aid

Grants and scholarships are free money options to help you pay for college. Unlike student loans, you don’t have to pay them back. Work study allows you to work on or off campus to help you earn money while going to college.

Federal Resources

Federal Pell Grant

Federal Pell Grants usually are awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor's, graduate, or professional degree.

The maximum Federal Pell Grant award is $6,345 for the 2020–21 award year (July 1, 2020, to June 30, 2021). The amount you get, though, will depend on your Expected Family Contribution, the cost of attendance (determined by your school for your specific program), your enrollment status (full-time or part-time student), and your plans to attend school for a full academic year (Fall and Summer) or less. 

In certain situations, an eligible student can receive up to 150 percent of their scheduled Pell Grant award for an award year.

You may not receive Federal Pell Grant funds from more than one school at a time.

Federal Supplemental Educational Opportunity Grant

The financial aid office will award FSEOGs to students that have the most financial need. The FSEOG does not need to be repaid. You can receive between $100 and $4,000 a year, depending on your financial need, when you apply, the amount of other aid you get, and the availability of funds at your school.

State Grants and Scholarships

What's the difference between a grant and a scholarship?

Scholarships are available to a wide variety of students where you typically apply and earn a scholarship. Scholarships can be offered by corporations, non-profit organizations and individuals, and tend to be competitive. To see a full list of scholarships, click here.

Tuition Aid Grant (TAG)

The New Jersey Tuition Aid Grant (TAG) is a need-based grant awarded to New Jersey residents which is determined by completing the Free Application for Federal Student Aid (FAFSA). The award amount varies depending on financial need, cost of attendance and available funding. This grant is available to students who meet the following eligibility requirements:

  • U.S. citizen or eligible non-citizen
  • Resident of New Jersey for 12 month preceding enrollment
  • Full-time enrollment
  • Maintain Satisfactory Academic Progress
Community College Opportunity Grant (CCOG) – Free College Program

The Community College Opportunity Grant (CCOG) or Free College Program which provides assistance for tuition and approved fees for eligible students. This grant is available to students who meet the following eligibility requirements:

  • Enrolled in at least six (6) credits during Academic Year 2019-2020
  • Does not have a prior college degree
  • Completed a Free Application for Federal Student Aid (FAFSA) or the New Jersey Alternative Financial Aid Application prior to the deadline.
  • Make satisfactory academic progress
  • Have a total household adjusted gross income between $0 - $65,000

To learn more about the NJ free community college program, click here

New Jersey Student Tuition Assistance Reward Scholarship (NJ STARS)

The NJ STARS Program is an initiative created by the State of New Jersey that provides New Jersey’s highest achieving students with free tuition at their home county college.

The NJ STARS award covers the cost of tuition, less any State and/or Federal grants and scholarships, for up to five semesters. The award covers these charges for up to 18 credit hours per semester. Funding for NJ STARS awards is dependent upon annual state appropriations.

To learn more about NJ STARS, click here.

Educational Opportunity Fund (EOF)

EOF provides financial assistance and support services (e.g. counseling, tutoring, and developmental course work) to students from educationally and economically disadvantaged backgrounds who attend participating colleges in New Jersey. Undergraduate grants range from $200 annually to $2,650 annually depending on the type of institution and financial need. These grants are renewable based upon continued eligibility.

Candidates interested in applying for EOF should visit the EOF website.

RCBC, Foundation and Outside Scholarships

To learn about a wide variety of scholarships offered by the college, the RCBC Foundation or outside sources, click here.

Federal Work Study

Federal Work-Study provides part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student’s course of study. If you work on campus, you’ll usually work for your school. If you work off campus, your employer will usually be a private nonprofit organization or a public agency, and the work performed must be in the public interest.

To learn more, click here.

Federal Direct Student Loans

If you apply for financial aid, you may be eligible to receive loans to fund your education. The U.S. Department of Education’s federal student loan program is the William D. Ford Federal Direct Loan (Direct Loan) Program. Under this program, the U.S. Department of Education is your lender.

Direct Subsidized Loan 
Loans made to eligible undergraduate students who demonstrate financial need to help cover the costs of higher education at a college or career school. 

Direct Unsubsidized Loan
Loans made to eligible undergraduate, graduate and professional students, but eligibility is not based on financial need.

If you are an undergraduate student, the maximum amount you can borrow each year in Direct Subsidized Loans and Direct Unsubsidized Loans ranges from $5,500 to $12,500 per year, depending on what year you are in school and your dependency status.

Direct PLUS Loan
Loans made to parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid. Eligibility is not based on financial need, but a credit check is required.

If you are a parent of a dependent undergraduate student, you can receive a Direct PLUS Loan for the remainder of your student’s college costs not covered by other financial aid.

Entrance Counseling

The Federal Government requires you to complete entrance counseling to ensure that you understand the responsibilities and obligations you are assuming.

If you are completing entrance counseling to borrow a loan as an undergraduate student, then the entrance counseling will fulfill counseling requirements for Direct Subsidized Loans and Direct Unsubsidized Loans.

To learn more, click here.

Master Promissory Note

The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loan(s). 

To learn more, click here.

Student Loan Acknowledgment

The Annual Student Loan Acknowledgement is an online session that allows students and parents to see how much they have borrowed, preview what their monthly payments might be, and explain concepts such as capitalization and the difference between federal and private loans.

Starting in the 2020-2021 school year, borrowers of Federal Subsidized, Unsubsidized and PLUS loans will be required to complete the Informed Borrowing Confirmation process once each award year before receiving disbursement of their loan.

After April 15, 2020, log into your MyStudentAid account using your FSA ID and password to complete the Annual Student Loan Acknowledgement requirement.

Parent PLUS loan borrowers must also complete this requirement.

Exit Counseling

If you drop below half-time enrollment, leave school or graduate, The U.S. Department of Education also requires you to complete Exit Loan Counseling.

To complete exit counseling:

  • You must have a verified FSA ID (Username & Password) instead of a PIN to log in to StudentLoans.gov.
  • Select Complete Exit Counseling and allow 20 to 30 minutes to learn about your repayment responsibilities and options.
  • After you complete the session, print the Confirmation Page and keep one for your records.
  •  
Repayment Information

Repayment begins six months after you graduate or drop below half-time enrollment (six credit hours). Please keep in mind that if you withdraw you may owe part of your loan funds back immediately.

Under certain circumstances you can receive a deferment or forbearance. This will allow you to temporarily postpone making loan repayments. You can find out more about deferments and forbearances through the U.S. Department of Education’s website.

Students are able to track the amount they owe, their student loan servicers, and interest rates by logging in the National Student Loan Database System (NSLDS). You will login with the same Username and Password that was used to complete the Free Application for Student Aid (FAFSA) application.

New Jersey Class Loan Repayment

The CLASS loan program is for students and supplements the Direct Lending program. The annual loan limit is the cost of education minus any financial aid received. There are three repayment options: (1) defer all payments until after graduation; (2) pay interest only; (3) or pay interest and principal. Students must use their full Federal eligibility first.

For more information, click here.