
Drew is a top 10 ‘Best Buy’!
We are one of 10 private schools on Fiske’s “Best Buy” list, and the only New Jersey school—public or private—in the top 20 for the third year in a row.
Financial Aid & Scholarships
Drew is committed to making education accessible and affordable for everyone and provides generous financial aid. Over 85% of our students receive scholarships and grants, and we offered more than $35 million in institutional aid last year.
We know that financing your college education can be complicated. That’s why we are with you every step of the way. We’ll give you personal attention, with an assigned financial aid counselor to help you understand the process. At Drew, you won’t be transferred to anonymous call centers or shuffled between counselors unfamiliar with your situation.
We are one of 10 private schools on Fiske’s “Best Buy” list, and the only New Jersey school—public or private—in the top 20 for the third year in a row.
You can reach us at finaid@drew.edu or by leaving a message at 1-973-408-3112. Our financial aid counselors are available for phone and Zoom meetings Monday through Friday.
Drew University has distributed all initial CARES Act funding to qualified students who have applied. We are in the process of implementing a plan for the distribution of additional funds. Our focus will be to distribute the funds in the best way possible to serve the needs of our students affected by COVID. Information will be sent via Drew email and posted here as soon as it is available.
Your financial aid eligibility has not changed as a result of our move to remote, online learning.
Satisfactory Academic Progress has a qualitative (GPA) and quantitative (credits completed) component. Any course taken as P/LP/U will have no effect on your GPA. You will still need to successfully complete 12 credits in the spring term. Courses completed with a P or LP will count toward your 12 credits completed. Courses completed with a U will not count toward your 12 credits completed.
Your eligibility for the spring term will continue to be based on your housing status prior to the COVID-19 crisis.
Students with an FWS award and working in an FWS job on campus who are unable to work because of the COVID-19 crisis will continue to be paid for scheduled hours as long as they still have money in their FWS award left to earn. Do not submit your time on College Time for unworked scheduled hours. You should only be submitting your hours if you are actually working. The Office of Financial Assistance is working directly with supervisors and Payroll to ensure that you are paid.
Please notify us of any changes in employment or hardships that result from COVID-19. We will let you know what documentation you need to provide and how we can help.
All interest rates on federal student loans are set to 0% until September 30, 2020. Private education loan borrowers should contact their lender for information about those loans.
HESAA has extended the 2020-2021 FAFSA filing deadline for currently enrolled New Jersey Tuition Assistance Grant (TAG) recipients to June 1, 2020. We encourage students to do their best to file by the original deadline of April 15, 2020, in order to receive their financial aid award for 2020-2021 as quickly as possible. Any student filing after June 1, 2020 will not be eligible for their NJTAG.
Financial aid is any form of monetary support that assists you in paying for college, and it comes in many forms:
Grants and scholarships are gift aid that does not need to be paid back. Some forms of gift aid, especially from federal or state sources, are based upon financial need and require that you file the FAFSA to determine eligibility.
Loans are a form of financial aid that must be paid back with interest to the lender over an extended period of time. All students who file the FAFSA will, at a minimum, automatically qualify for a Direct Student Loan from the federal government.
Work-Study allows students to work on or off campus. The earnings from this position are considered financial aid and not income, so these earnings do not lessen your eligibility for need-based aid in the future. In order to be considered for a federal Work-Study job, you must file a FAFSA. While you may be awarded a specific amount of Work-Study eligibility, you will only earn the amount equivalent to the number of hours worked. This amount will not be deducted from your bill; rather, it will be paid out incrementally, as it is earned. Work-Study funds are limited and awarded on a first-come, first-served basis, so file your FAFSA early.
Payment plans allow students to structure tuition payments and other fees into installments throughout the year instead of paying a lump sum at the beginning of each semester.
When you secure financial aid, you must agree to certain terms and conditions. Make sure you understand them before accepting any award.
Assigned alphabetically based on your last name.
A-Cl
Nick Capodice, Associate Director of Financial Assistance
ncapodice@drew.edu 973-408-3112
Co-O
Kandice Joyce, Senior Assistant Director of Financial Assistance
kjoyce@drew.edu 973-408-3112
P-Z
Nick Capodice, Associate Director of Financial Assistance
ncapodice@drew.edu 973-408-3112
Zarinah Smith, Financial Aid Analyst
and On-Campus Student Employment Coordinator
zsmith@drew.edu 973-408-3112
Office Information
Location: Brothers College, Lower Level, Room 11.
Hours: Monday through Friday, 9:00am-5:00pm