It is important the students and parents understand the cost of attending a University can be more than just tuition and fees.
Direct Cost this is the actual charges from the University that you will see on your tuition bill. Direct costs are tuition, fees room and board (meal plan). These costs are charged to the student and must be paid for in order to attend Caldwell University.
Resident students preparing to live on campus should realize the cost of living on campus and that it is a full year commitment. For more information regarding living on campus we suggest visiting the Residential Life website and also looking at the Resident Student Handbook.
Commuter students there are no separate charges beyond the comprehensive fee. But the Cost of Attendance would include other educational expenses that you may come across not charged by the University.
Students living off campus should be aware that they can have an estimated board amount because even if they do not have a meal plan, they still need to pay for food. The expense for off campus living can be added to the cost of attendance with a copy of a lease submitted to the financial aid office. If a student living off campus is planning to use their refund to assist in paying for rent, they should be aware that refunds are not issued until all financial aid funds are credited to their account.
Indirect costs (Books, travel, and miscellaneous) are costs that should be kept in mind when planning. You may need a new laptop, software, etc. that will qualify for miscellaneous charges. If you are not a commuter student, travel can be considered going home for holidays and breaks.
If you have enough aid to pay your Direct Costs and would like to use the remaining balance to purchase books from the University Bookstore, you can go to the Manning campus bookstore and charge your books to your student ID. Please note that students should be aware that if they do not have enough money to do this, it will become a charge on their account and a new tuition bill will be generated once the bursars receives the charges. Charges that are not paid can result in holds and late fees. For more information about charges and the bookstore please contact the Bursars office at 973-618-3545 or firstname.lastname@example.org
Any funds that cause a credit to your account will be sent to the student as a refund debit card or direct deposit approximately two weeks after the money has been fully credited to the student’s account. Students are encouraged to use direct deposit to avoid complications in the refund process. You can sign up for direct deposit through TMS by creating an account. If you do not sign up for direct deposit, debit cards will be mailed to the current mailing address on your MyCaldwell account. Refunds cannot be issued prior to aid fully disbursing into the student’s account. Questions and concerns regarding direct deposit and your physical check, please contact the Bursars Office.
Financial Planning Tools
- Net Price Calculator - determine your educational expenses using our cost calculator.
- FAFSA4caster – estimate your eligibility for federal student aid using the Federal Aid forecaster.
- NJ TAG Estimator – estimate your eligibility for the New Jersey Tuition Aid Grant that is awarded by New Jersey Higher Education Student Assistant Authority (NJ HESAA).
- Login MyCaldwell Account to view your Financial Aid records. (Download the Quick Guide)
- Educational Loans- information regarding the various loan programs (Click on the Loan Resources Tab)
- Payment Plan – information regarding the payment plan through the Bursars office.