Frequently Asked Questions
What is financial aid?
Financial aid is monetary assistance to help a student cover the cost of a college
education. It is intended to supplement the family contribution and includes gift
aid (scholarships and grants), low-interest loans and part-time employment.
To help you understand your financial aid package and the financial aid process, we have put together helpful tutorial videos that can be viewed here.
What is the purpose of financial aid?
The primary purpose of financial aid is to provide assistance to students who otherwise
would be unable to pursue their education. The basic premise of financial aid programs
is that the primary responsibility for meeting college costs lies with the student
and parents. The Office of Financial Aid provides aid when the family is unable to
meet the cost of attendance.
How do I apply for aid?
In order to apply for aid at Seton Hall you only need to submit your Free Application
for Federal Student Aid (FAFSA). You can do this at www.studentaid.gov/h/apply-for-aid/fafsa. It is recommended that you do this as soon as possible after October 1, but prior
to January 15th each year. (If you plan to apply for aid for the summer term, complete
the FAFSA for the current year.) Our school code is 002632
Who is eligible for Financial Aid?
In order to receive financial aid an undergraduate student must meet each of the following
conditions:
- The applicant must be a United States citizen or eligible non-citizen;
- U.S. national (includes natives of American Samoa or Swain’s Island); U.S. Permanent resident who has an I-151, I-155 or I-155C (Alien Registration Card).
- The applicant must be accepted for admission to Seton Hall University in an eligible degree granting program or eligible certificate program.
- The applicant must have demonstrated financial need according to the needs analysis procedures, for some loan programs.
- The applicant must be registered with the Selective Service if you are a male 18 to 25 years of age.
What is financial need?
To determine a student's eligibility for financial aid, we calculate a student's demonstrated
financial need. Need is the difference between the cost of education and what the
students and parents might reasonably be expected to contribute to meet college costs.
These contributions are determined by using the Federal Methodology as administered
by the U.S. Department of Education. Refer to www.studentaid.gov/h/apply-for-aid/fafsa for more information.
Where does the information that is used to calculate need come from?
The expected parental and student contributions are calculated based on the financial
information provided by the parents and student on the FAFSA (Free Application for
Federal Aid) and a Federal Income Tax Return. The analysis system attempts to judge
how much a family can realistically afford to contribute, not how much they will pay.
The system is concerned with objective facts of a family's financial position and
not with the family's financial practices. The analysis procedure is used to determine
an expected family contribution based not only upon income, but upon a variety of
other variables as well: family size, number of family members attending college,
taxes paid, investments, and so forth.
What is the timetable for awarding financial aid?
For incoming students who apply on or before the deadline of March 1 our goal is to
begin sending award notifications during the first week of March.
Am I eligible for financial aid, if I have defaulted on a student loan?
Students who are in default on long-term loans (Federal Perkins Loan, Federal Family
Educational Loans or Direct loans) received from any postsecondary institution will
not be considered for federal financial aid at Seton Hall University until their default
status is cleared.
What happens if I don't want to accept all the financial aid offered to me?
The financial aid award that is offered by SHU is the total financial aid offer. You
may choose to accept all the financial aid offered or you may choose to accept only
certain individual financial aid components, such as loans, work, or grants. If one
component is declined no additional aid will be offered to make up for that declined
aid.
Are scholarships available through Seton Hall?
Seton Hall University offers numerous academic and need-based scholarships to qualified
students. The scholarship committees in accordance with individual scholarship criteria
determine these awards. View our scholarships page for a complete list of scholarships »
Merit-based scholarships are competitive. They are awarded to students with special
talents or accomplishments.
How do I renew my scholarship each year?
Different scholarships have different eligibility requirements. All eligibility requirements
are detailed in the scholarship announcement letter received upon admissions. Students
who have not met the eligibility requirements for renewal of their scholarship will
receive notification from the Office of Financial Aid. This notification will include
information on how the student may appeal the decision to not renew the scholarship.
Have I submitted all of my Financial Aid requirements?
These may include items such as: verification forms, tax forms and loan requirements.
The list of requirements is available on PirateNet's "Profile and Finances" tab and
will begin to show financial aid items needed after your FAFSA has been received at
SHU.
I accepted my loan and need to change the amount. How do I do this?
You will need to complete a loan adjustment form. This form can also be found and downloaded by logging onto shu.edu under Financial
Aid and Forms and Documents.
How will I receive important SHU communications regarding financial aid?
E-mail is our primary method of communication for all students.
How do I review the financial aid awards that have been offered to me?
Incoming students can review their awards in the Applicant Portal until the deposit
is paid. After a deposit is paid, awards can be viewed through the PirateNet "Profile
and Finances" tab. All continuing students can review their aid on PirateNet, through
the "Profile and Finances" tab.
Is my financial aid affected by academic performance?
Students must meet all Satisfactory Academic Progress guidelines. Detailed information
can be found in our Satisfactory Academic Progress Policy.
Why did I receive the Student Aid Report (SAR)?
Your SAR will be sent to you via e-mail if you completed the FAFSA online. It is sent
to you to review what you submit while filing the FAFSA. If not, call the Federal
Student Aid Information Center at 1-800-4-FED AID (1-800-433-3243).
Whom do I contact for problems with the FAFSA?
To check the status of your application call the Federal Student Aid Information Center
at 1-800-4-FED AID (1-800-433-3243).
How do I confirm my income if I was selected for Federal verification?
- Income can be confirmed on the FAFSA by using the Data Retrieval process. Make sure to Transfer the data once it is displayed. (This is the preferred method)
- Request a IRS Tax transcript from the IRS. Go to www.irs.gov and click on the "Order a Return or Account Transcript" link, or call 1-800-908-9946. Make sure to request the "IRS tax return transcript" and not the "IRS tax account transcript." You will need your Social Security Number, date of birth and the address on file with the IRS. Once you receive the transcript, attach the verification worksheet and submit using the Mapping your Future upload process.
- Provide a signed copy of Federal Tax Return filed and submit through the Mapping Your Future upload process.
How do I submit my tax documents to the school?
Verification documents must be submitted through the Mapping Your Future portal.
The site for document uploading is:
Mapping Xpress: https://mappingyourfuture.org/MappingXpress/SHUFinaidDocuments/
The passcode is: finaid1
Can I use my scholarship for my entire joint degree program?
University Scholarships are only good for four years and can only cover tuition for
full-time undergraduate enrollment. Therefore, it does not cover any graduate level
enrollment as part of a joint degree program even if the graduate courses are offered
through Seton Hall or a partner institution. Please note that undergraduate coursework
has course numbers beginning with the number 4 or less. Any course number starting
with a 5 is considered graduate level. If you are taking at least 12 credits of undergraduate
coursework each semester you are considered full-time. If in your senior year you
are taking a combination of undergraduate and graduate courses as part of a joint
degree program and you drop below 12 undergraduate credits your University Scholarship
will be prorated to cover undergraduate courses in your senior year and you will be
charged separately for graduate level courses towards which no scholarship funds will
be applied.
Please also note that need-based grants awarded to undergraduate students cannot be applied to cover graduate level course work even as part of a joint degree program.
Can need-based grants or University Scholarships from Seton Hall cover my room and
board or books?
No, need-based grants or University Scholarships from Seton Hall University can only
be applied to tuition. These funds cannot be used to cover fees, room and board, books
or any other charges. If you receive multiple forms of financial aid which can only
be applied to tuition and the combined total of these awards exceeds the tuition charges
your awards will be reduced. In this case Seton Hall scholarships and need-based grants
will be the first forms of aid to be reduced.
Are Seton Hall Need-based grants automatically renewed?
Seton Hall need-based grants are not automatically renewable. Just because you received
the award in a given year does not mean you are assured of renewal in a subsequent
year. All students must file the FAFSA each year to determine eligibility for renewal.
The university filing deadline is Jan. 15th. Based on the results of your FAFSA and
available funds, you may see a change in your Seton Hall need-based grant or lose
eligibility completely. This is also the case with all need-based grants from the
federal and state governments. All renewal deadlines must be followed.
Why has my Seton Hall Scholarship or Grant been reduced?
Many financial aid awards are designated to only cover tuition costs and cannot be
used to cover other items such as fees, room and board, books, etc. Examples of such
awards are need-based TAG grants from the state of NJ, Seton Hall need-based grants,
University Scholarships, tuition remission and some scholarships from outside organizations.
If you receive multiple forms of financial aid which can only be applied to tuition
and the combined total of these awards exceeds the tuition charges, your awards will
be reduced. In this case Seton Hall scholarships and need-based grants will be the
first forms of aid to be reduced.
How do I withdraw from the University?
Before you consider withdrawing, understand that withdrawal is from all classes and
the University, not just one or a few classes. It means you may have determined it
is in your best interest to not complete the semester or to not return for the next
semester. However, we recommend that you review our Withdrawal page for more information before making your decision.