Seton Hall University

Graduate Financial Aid

Financing your degree from Seton Hall University

Many students take out loans to fund their educational programs. There are a number of federal, state and private loan programs available for your use. Below is information on many of the most widely-used loans, including application procedures and eligibility requirements.


Students who are accepted to graduate programs of study may be eligible for various forms of University-subsidized or endowed scholarships funds. The University Graduate Scholarship affords newly admitted graduate students in either a master's or doctoral program to be considered for upwards of several thousands of dollars toward their first year of study. Criteria for consideration include a prior grade point average of at least 3.0 on a 4.0 scale and demonstrated financial need. In addition, the Dean's Graduate Scholarship and a variety of endowed scholarships offer prospective students additional and lucrative opportunities for financial assistance. The availability of funds, as well as the criteria for consideration and eligibility, will vary by academic department.

Prospective students are advised to contact the Office of Graduate Affairs at for additional information, or the college or academic department to which they were accepted to inquire about graduate scholarships. Additional information pertaining to scholarships for graduate students may also be found on the Graduate Scholarship Opportunities page or by visiting the webpage for the University's Office of Financial Aid.

Graduate Assistantships

Each academic year, Seton Hall offers a limited number of Graduate Assistantships. Assistantships pay full tuition for a certain number of credits per semester and provide a monthly stipend. In exchange, Graduate Assistants must work 20 hours per week and maintain a grade point average of 3.0 or better. Ordinarily, assistantships are automatically renewed for a second year provided both the student and supervisor are satisfied with the arrangements. Please click here for more information about Graduate Assistantships.


To be considered for any federal, state, or institutional financial aid programs, students must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA application can be completed online here. When applying, please be sure to list Seton Hall University as your college of interest. The Seton Hall University school code for FAFSA is 002632.

How To Apply

To file the FAFSA electronically, go to and complete the FAFSA form as directed. There are 2 ways to sign your on-line application. The first way is to create a Federal Student Aid (FSA) ID. If you elect not to apply for a FSA ID, you will need to print out the signature page and mail it to the federal processor. Your application information cannot be processed until either your FSA ID is entered or signature page is received by the federal processor. Students must file the FAFSA for each academic year that they are enrolled in the program.

After You Apply

Once the FAFSA is submitted, you will receive a Student Aid Report (SAR), which is a summary of the information you provided on the FAFSA. Please review this document for accuracy. If the information is accurate, you can keep the SAR for your records. If any of the information is incorrect, please log onto the FAFSA site make the necessary corrections.

By entering Seton Hall University's school code on your FAFSA, your information will be submitted electronically to Seton Hall's Enrollment Services information system. Once Seton Hall receives this information, you will be sent a financial aid award notice. This notice will list the types and amounts of financial aid that you are eligible to receive during the current academic year. This notice will also provide you with instructions for accepting the aid award and completing any additional aid/loan requirements.

Eligibility Requirements

In order to receive Federal Student Loans, you must be a U.S. citizen, a U.S. national (includes natives of American Samoa or Swain’s island) or a U.S. permanent resident with an I-151, I-155 or I-155C (Alien Registration Card); not in default on a prior federal student loan or owe a refund on a federal grant; and, registered at least half time in a degree program. Half-time study at the graduate level at Seton Hall University is defined as being at least 4.5 credits per semester.

Male students ages 18-25 must have registered with the Selective Service. International students are not eligible for federal loans, but may be able to receive an alternative loan if a U.S. citizen or permanent resident acts as a co-signer. Information on these alternative loans is provided below.

Federal Direct Loan

By completing the FAFSA, graduate students may qualify for a Federal Direct Loan of up to $20,500 or the actual "cost of attendance" per academic year (the lower of the two figures). This “cost of attendance” figure takes into account direct costs such as tuition and fees, while also allowing students to receive aid for non-direct costs such as room & board, books, travel, and miscellaneous expenses. This amount forms the basis for the loan award.

Students attending graduate school or professional school can borrow up to $20,500 per year in direct unsubsidized loans. The aggregate (cumulative) loan limit is $138,500, including undergraduate debt (and no more than $65,500 in direct subsidized loans).

Federal Direct Loan Requirements

An Entrance Counseling Interview is required for any student wishing to receive a Federal Direct Loan. Please visit to complete the Federal Direct Loan Entrance Counseling Interview.

In order for Federal Direct Loan funds to be disbursed to your SHU account, you will also need to complete a Master Promissory Note (MPN). Once you have accepted your loan award, you will receive a notification with instructions on how to complete the Federal Direct Loan MPN (which will also be completed through the site).

Loan Repayment

The standard repayment term on the Federal Direct Loan is 10 years. However, students can select the extended or graduated repayment option which allows for a longer repayment period and lower monthly payments. Repayment of the loan will begin 6 months from the student’s last day of attendance of at least a half-time basis. Once again, additional information pertaining to loan repayment may be found at

Alternative Loan Options

If you do not meet the eligibility requirements for the Federal Stafford loan, or if the amount awarded through the Federal Direct Loan is insufficient to cover your costs, you may wish to consider one of the private credit-based loans processed through the Seton Hall University Financial Aid Office. A listing of the most commonly used private loans can be found on-line at

Financing Options

If you are interested in signing up for a payment plan, please visit the Office of the Bursar website for further information. You can also contact the Bursar Office at or by calling (800) 222-7183.

Corporate Tuition Reimbursement

Many students finance their graduate business degrees using tuition remission programs from their places of employment. Students should consult with their Human Resources Office to determine whether or not they will qualify for this program in advance of registration for courses. Most employers require that course grades be submitted prior to reimbursement, which is made directly to the student. Seton Hall does not defer billing or payments due for students who receive tuition reimbursement from their employers. Many students rely on payment plans or student loans to cover the first one or two semesters of tuition and fees, depending on the speed of reimbursement at their companies. Once the reimbursement cycle starts, students then can use the monies they receive to pay some or all of their costs at Seton Hall.

It's important to remember that any reimbursement you receive is between you and your employer and does not affect your obligation to pay the costs of education.

Corporate Direct Bill Arrangements

Certain corporations have made arrangements for their employees to register at Seton Hall and pay the costs of tuition and fees directly to the University. These direct bill arrangements require that students consult with their Human Resources Office to determine if they qualify for this program. If approved, the student receives a voucher or letter of credit from the corporation that she/he presents to Enrollment Services. A new voucher is required each semester of enrollment.

Direct bill arrangements are provided for employers with a large number of employees attending Seton Hall University. Other employers with large numbers of employees maintain policies that reimburse students based on grades earned in courses. For these companies, we ask for the statement to be paid up front to Seton Hall University by the student and then reimbursement can be made once the employer pays Seton Hall or reimburses the student/employee directly.

For additional information pertaining to billing and payments, including information regarding third-party payments and tuition reimbursement, please visit the Office of the Bursar’s FAQ page.

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