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NJCLASS Home | New Jersey Student Financial Aid | HESAA


Standard NJCLASS Loan

  • Effective January 8, 2019
    the 20-year fixed rate option to defer principal and interest payments while enrolled in school is no longer available for the 2018-19 Academic Year.
  • All other repayment options remain available and offer a lower interest rate.
Apply Now

NJCLASS Graduate/Professional Students Program

Effective August 11, 2018 the NJCLASS Graduate /Professional loan is no longer available. All funds for this program have been exhausted. Applications received prior to August 11th will continue to be processed.

NJCLASS Consolidation Loan

  • Personalized Counseling
  • For borrowers with more than $30,000 in debt
  • Limited number of deferments and forbearance
  • No Prepayment Penalty
  • NJCLASS Loans Only
Apply Now

ReFi+ Refinance Loan

  • For borrowers who are out of school
  • 10-year, fixed rate program
  • Must have a minimum of $5,000 in debt
  • Can include NJCLASS and federal Parent PLUS loans
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Pay NJCLASS Online

  • Transactions made before 2 p.m. posted the same day
  • You  choose the loan you want to pay
  • Store three different bank profiles
Pay Your NJCLASS Now

NJCLASS Loan Features

  • Four fixed interest rates with choice of varying repayment terms.
  • Student can be a party to the loan.
  • Borrow the amount you need for college.
  • Repayment assistance options for new loans.

Cosigners should take several factors into consideration. To learn more, please review our "Cosigning a Loan" brochure.
For English, click here.
For Spanish, click here.

Current Loan Rates

HESAA offers several NJCLASS loan options. To review the current rates and loan terms, click here.

To compare NJCLASS family loan rates and features to the federal Parent PLUS loan program, click here.