Office of Financial Aid
Financial Aid FAQ's 

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 fafsa.ed.gov.

It is recommended that you do this by late January/ early February to meet SHU’s priority application date of March 1. You can complete the FAFSA using estimated tax information if you or your parents’ taxes have not been filed. (If you plan to apply for aid for the summer term, complete the FAFSA for the current year.) Our school code is 002632.
 
Did I receive the Student Aid Report (SAR) as a result of filing the FAFSA?
Your SAR will be sent to you via e-mail if you completed the FAFSA online. If not, call the Federal Student Aid Information Center at 1-800-4-FED AID (1-800-433-3243).
 
If there were problems with the FAFSA, who do I contact?
To check the status of your application call the Federal Student Aid Information Center at 1-800-4-FED AID (1-800-433-3243).
 
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.
 
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.
 
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 fafsa.ed.gov 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 priority deadline of March 1 our goal is to begin sending award notifications during the first week of March.
 
For continuing students who apply on or before the priority deadline of March 1 our goal is to have award notifications sent by the first week in March.
 
Is there any special consideration given to families that have more than one child attending Seton Hall?
If a family has two or more children enrolled at Seton Hall, in degree seeking programs, the family is eligible for a sibling discount. Each sibling will have their tuition discounted by 10 percent for each semester in which 2 or more siblings are enrolled. The sibling discount application must be completed each year.
 
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. 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. For example, an academic scholarship requires a minimum GPA of 3.0 while a Chancellor's Scholarship requires a 3.2. Any student who has met the eligibility requirements for their particular award will have the scholarship automatically renewed for the next year. A financial aid award letter will be sent to the student listing the type and amount of the award that they are receiving. Students who have not met the eligibility requirements for renewal of their scholarship will receive a letter from the Office of Financial Aid. This letter will include information on how the student may appeal the decision to not renew the scholarship.
 
Have I submitted all the items requested on my “To Do List”?

These would include items such as: the Verification forms, or tax forms, which are needed if the federal processor selected your file for verification, etc. (The “To Do List” will begin to show financial aid items needed after your FAFSA has been received at SHU.)
 
I want a loan, but I want to change my lender, 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 myweb@shu.edu under Financial Aid and Forms.
 
What lender do I choose?
Seton Hall University currently does not maintain a preferred lender list, and we will process a loan application from any lender. If you already have a lender and would like to request a change, complete a loan adjustment form.
 
How will receive important SHU communications regarding financial aid?
E-mail is our primary method of communication for all continuing students.
 
Have I reviewed the financial aid awards that have been offered to me?
Incoming students will receive a paper Financial Aid Award Notification via mail. All continuing students can review your aid at the end of March for students who have completed the FAFSA.

Is my financial aid affected by academic performance?
Detailed information can be found on the FAQ Web site, under Receiving Aid, Satisfactory Academic Progress Policy.

Contact Us

Office of Financial Aid
Telephone (800) 222-7183
E-mail financialaid@shu.edu
Bayley Hall
Business Hours
Monday-Friday
8:45 a.m. - 4:45 p.m.

 
 
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