The cost of tuition does not include the cost of transportation to and from school. HoHoKus Hackensack School of Business and Medical Sciences Payment Plan – Monthly payments are available. Visa and Master Card charges are accepted.

Pell Grant / SEOG Grant – Based on need, both grants provide free money for education. Pell Grants for the 2006 - 2007 aid year range from $400 - $4,310 per academic year. SEOG Grant for the 2006-2007 aid year range from $100 - $500 per academic year. SEOG funds are comprised of 75% Federal Funds and 25% from HoHoKus Hackensack School matching fund program. To apply for Title IV aid, a student must complete the Free Application for Federal Student Aid (FAFSA). The application must be completed with extreme care and accuracy. Once processed, the application will produce an Expected Family Contribution (EFC). The funds available to the student will depend on the EFC and the cost of attendance.

Subsidized Stafford Loan – If you qualify, you may borrow $3,500 per academic year, $2,772 per program that is 3/4 of an academic year or $1,856 per program that is 1/4 of an academic year. (A small insurance and origination fee is deducted.) No payment is required while attending school. After leaving school, there is a six-month grace period before loan repayment and interest charges begin. Rates are set by the Department of Education each year by July 1 for the coming year. Loan repayment is a minimum of $50 per month.

Unsubsidized Stafford Loan – If qualified, an independent student may borrow up to $4,000 per academic year, $3,200 per program that is 3/4 of an academic year, or $2,042 per program that is 1/4 of an academic year. (A small insurance and origination fee is deducted.) Interest is charged on this loan while the student is in school, but it can be capitalized. Interest charges and principal repayment may be deferred until six months after leaving school. Loan repayment is a minimum of $50 per month.

Parental Loan (PLUS) – If qualified, a parent may borrow up to the full cost of the program. (A small insurance and origination fee is deducted.) The Department of Education establishes the interest rate for this loan each year by July 1. Repayment begins within 60 days of the Final check disbursal.

SLM Financial Career Training Loan – SLM Financial Corporation, a Sallie Mae Company, offers HoHoKus Hackensack School students low-interest loan financing. If qualified, a student can borrow a minimum of $1,000 or up to the total cost of their education (less their financial aid received). Rates vary depending on credit history and a supplemental fee is deducted.

Merit Scholarships – The HoHoKus Hackensack School of Business and Medical Sciences does not charge placement fees. As a result, we receive many generous contributions to our scholarship fund from the corporate and medical communities. Scholarships varying from $250 to $3000 (total dollar amount awarded depends on contributions) are offered with competitive exams.