Financial Aid Timeline
Financial Aid Timeline
Welcome New Profs! Wondering what's next?
Receive Acceptance to Rowan University
Review your Preliminary Financial Aid Offer
When? As soon as we email you, 2-3 weeks after your acceptance letter.
Tips! You can view the video below to see how to estimate your actual costs for attending.
Submit Your Admissions Deposit
When? As soon as you know you want to be a Prof!
Tips! This is done on the status page of your admissions portal.
Review your Final Aid Package
When? This will be emailed to you by the end of June or the beginning of July.
Tips! If you are not yet registered for classes or have outstanding verification documents, your aid package may not be fully populated until this is complete. Make sure you have your Rowan Network credentials set up and check your Rowan email regularly.
Accept Your Loans
When? After you are emailed your finalized aid package, which will be sometime in June, unless you have outstanding financial aid tasks or are not registered for classes. Any grants and scholarships will be automatically accepted. Only federal student loans require additional action before we process them. This allows you to control your loan debt. If you choose to borrow your federal loans, you will need to accept the loan offer. Click below for step-by-step instructions.
Tips! First-time borrowers will need to complete loan counseling and a loan agreement at www.studentaid.gov.
Research Additional Funding
When? As soon as you review your final aid package. Consider Parent PLUS loans, private loans, or a payment plan.
Tips! You can use your Financial Aid Offer to estimate your bill to help you determine how much you need to borrow (see video below).
Receive and Review your Bill
When? The Bursar’s office will send the e-bill notice to your Rowan student email address in July. Tuition bills are not mailed.
Tips! You should see all of your accepted aid at the top of the bill under "anticipated financial aid".
Pay Final Bill
When? The due date will be published when you receive your bill. The fall bill is generally due by the middle to end of August.
Tips! If your bill shows an amount due, work ASAP on how you plan to cover it. Payment plans are available. Also, set up your direct deposit. If you are expecting a refund, you will need to have a bank account linked. Refunds for fall are processed in mid-October. A negative balance due indicates that we expect to issue you or your parent (PLUS loan borrower) a credit balance refund of excess aid. These funds are to assist you with expenses related to attending Rowan during the semester. You may choose to transfer some or all of the credit balance to your Rowan Card or to receive a refund. Be sure to enroll in direct deposit! Instructions are on the Bursar’s Webpage for students and parents (for parent PLUS loans only) to enroll in e-Refunds.
Video: Financial Aid Offer
How to read and understand your Financial Aid Offer can be found on this page. This will help you estimate your bill and learn how to cover out-of-pocket costs.
FAQ's
Answers to all of your questions, even ones you didn't know you had!