Federal

[Federal Pell Grant]
[Federal SEOG]
[Federal Work Study]
[Federal Stafford Loan]
[Federal PLUS Loan]

State

New Jersey State Aid Awards

Federal

Federal Pell Grant: The actual amount of the grant is determined by the Federal processor based on data provided on the student's financial aid application and the student's enrollment status. All students who meet the eligibility requirements for the Pell Grant program will have the award applied directly to his/her account when a determination of the accuracy of the data on the Student Aid Report (SAR) has been completed by the Financial Aid Office staff.

Federal SEOG: Federal Pell Grant eligibility applicants with the highest financial need are awarded Federal SEOG on a first-come, first-served, funds available basis. The award will be applied directly to the student's account.

Federal Work-Study: Institutional work-study applications are distributed to all students who meet the eligibility requirements and indicate an interest in on-campus or off-campus community service jobs. Applications are reviewed on an as-received basis for available positions, and every effort is made to match the student's skill level with the skills required for each position. Job placement is not guaranteed since placement is dependent on skills, student schedule, student initiative, job availability and federal funding.

The dollar amount of the work-study award indicated on the Financial Aid Notice represents the maximum amount the student can earn for the enrollment period. The hourly rate for work performed is determined based on the skill level required and the student's length of service in a particular job.

Earnings for work performed are paid directly to the student through the College payroll processing system. It is the student's responsibility to submit time sheets according to the schedule distributed to all student employees and supervisors to ensure timely processing of paychecks. The paycheck is routinely mailed to the student's home address unless the student makes other arrangements with the Payroll Department.

Prior to the start of employment, students who meet all eligibility requirements must:

• Contact the Student Employment Coordinator to complete W-2, 1-9 Verification and Institutional Oaths of Allegiance/Office Forms.
• Attend an interview with the prospective supervisor.
• If hired, arrange a work schedule. Students cannot work more than 20 hours per week while classes are in session; 40 hours per week when classes are not in session.
• Complete, along with the supervisor, a Work-Study Referral form which indicates the work schedule, hourly rate, and maximum allowable earnings

The student is required to contact the supervisor when the student cannot report to work as scheduled. All student employees are subject to an annual performance evaluation completed by the supervisor and maintained in the student's financial aid file.

Federal Stafford Loan (Subsidized and Unsubsidized: This loan is made to students by a lender such as a bank, credit union, or savings and loan association. Repeat borrowers must continue to borrow through the same lender. These loans are approved by a guarantee agency. Students must complete a separate loan application. Loan applications will be certified for all students who meet the eligibility requirements. The amount listed on the Financial Aid Award Notice is the anticipated amount of the loan approval. However, the guarantee agency determines final approval.

After the loan is approved by the guarantee agency, the lender sends the loan check each semester to Union County College Student Accounts Office based on the disbursement dates indicated on the loan application. Funds from this loan program will be credited directly to the student's account after the student has had entrance counseling, confirmed at least half-time enrollment (minimum 6 credits per semester), and has endorsed the loan check.

The Federal Government pays interest on the Subsidized Stafford loan while the student is enrolled on at least a half-time basis and during the six-month grace period prior to repayment. The student is responsible for the interest on the Unsubsidized Stafford loan while in school and during the six-month grace period. The interest rate on this loan is variable. Repayment on this loan begins 6 months after the student ceases to be enrolled in college at least half-time or completes his/her program of study. Exit counseling is required for all borrowers before the borrower ceases at least half-time enrollment.

Federal PLUS Loan: This loan is for parents of undergraduate dependent students. The PLUS loan is made to the parent by a participating lender. The parent and student must complete the PLUS Loan Application and submit it to the Financial Aid Office for completion. Loan applications will be certified for all applicants who meet the eligibility requirements.

The parent may apply for a PLUS loan for the total cost of education minus any financial aid assistance received. The lender, as well as the guarantee agency, must approve this loan before it is disbursed. The Union County College Student Accounts Office will contact the parent for endorsement. Checks are made co-payable to parent and Union County College. The PLUS loan will be applied directly to the student's account.

Complete information regarding the terms of, schedules for, and necessity of loan repayment is available in the Financial Aid Office.

State

New Jersey TAG, EOF Grant, E.J. Bloustein Distinguished Scholarship, and Urban Scholarship: The actual amount of these state awards is determined by the NJ Higher Education Student Assistance Authority and is indicated on the official Student Eligibility Notice (SEN) sent to students by that agency.