Paying for your education at The Kubert School.

The Kubert School is committed to providing educational excellence and equality for all students. We offer several types of financial aid to help qualified students meet their college expenses for the 2022-2023 school year.

How do I get a federal student loan?

1.    Complete and submit a Free Application for Federal Student Aid (FAFSA®). Based on the results of your FAFSA, your college or career school will send you a financial aid offer, which may include federal student loans. Your school will tell you how to accept all or a part of the loan. 


2.    Complete entrance counseling, a tool to ensure you understand your obligation to repay the loan.

3.    Sign a Master Promissory Note (MPN), agreeing to the terms of the loan.

4.  Complete Annual Student Loan Acknowledgement.


·      Federal Stafford Loans are the major form of self-help aid and are available through the Federal Direct Loan Program. You must have a valid FAFSA on file.

·      Pell Grant - Eligibility for a Pell Grant is based on the Expected Family Contribution that is calculated from the information provided on the Free Application for Federal Student Aid (FAFSA). A Federal Pell Grant, unlike a loan, does not have to be repaid.

·      SEOG - Institutions are given a restricted amount of SEOG funds each academic year by the U.S. Department of Education. Students SEOG award is based upon exceptional financial need as demonstrated through the Free Application for Federal Student Aid (FAFSA).



·      NJClass Loan - NJCLASS is available to in-state and out-of-state students attending a New Jersey school.


Canadian Students: 

·      The Kubert school is a designated institution for BC Students.  Visit StudentAid BC for more information.

Available Programs:



Federal student loans provide students and their parents the opportunity to borrow money to pay for a college education through federally supported lending programs. These loans offer a variety of benefits, including low interest rates and flexible repayment options.





Federal Government

Federal Government

Federal Government

Who’s the loan borrower?



         Parent(s) of dependent undergrad

        Graduate or professional degree student

Loan Eligibility

Undergraduate students who are enrolled in classes at least half-time that demonstrate financial need.

Undergraduate, graduate and professional degree students who are enrolled in classes at least half-time. Do not need to demonstrate financial need.

Parents with a dependent enrolled in classes at the undergraduate level and graduate and professional degree students enrolled in classes at least half-time.

Loan requirements

First-time Direct Loan recipients must sign a Master Promissory note and complete an entrance counseling session.

First-time Direct Loan recipients must sign a Master Promissory note and complete an entrance counseling session.

Direct PLUS loan recipients must sign a Master Promissory Note and complete an entrance counseling session.

Interest rate

First Disbursed on or After July 1, 2022, and Before July 1, 2023 will have a 4.99% interest rate.

First Disbursed on or After July 1, 2022, and Before July 1, 2023 will have a 4.99% interest rate.

First Disbursed on or After July 1, 2022, and Before July 1, 2023 will have a 7.54% interest rate.

Loan fees

Loans disbursed between October 1, 2020 and before October 1, 2023 will have a 1.057% loan fee.

Loans disbursed between October 1, 2020 and before October 1, 2023 will have a 1.057% loan fee.

Loans disbursed between October 1, 2020 and before October 1, 2022 will have a 4.228% loan fee.

How much can be borrowed?

Students may borrow $3,500 annually.

$3,500 annually 

Total amounts borrowed are capped at the max cost of attendance as determined by the university after other financial assistance is taken into consideration.

When do loan payments begin?

Payments begin either when the student’s enrollment falls below half-time or 6 months after graduation.

Payments begin either when the student’s enrollment falls below half-time or 6 months after graduation.

Loan repayment begins when loan funds are disbursed.

Parent borrowers may request payment deferment while their dependent is enrolled at least half-time and for another 6 months after their dependent graduates or leaves school.

Please  for more information

Annual Student Loan Acknowledgement

Annual Student Loan Acknowledgement

It is recommended you complete an Annual Student Loan Acknowledgment each year you accept a new federal student loan. The goal is to help you understand your loans and how they affect your financial future.

If this is your first time accepting a federal student loan, you are acknowledging that you understand your responsibility to repay your loan.

If you have existing federal student loans, you are acknowledging that you understand how much you owe and how much more you are eligible to borrow.

You’ll also see other federal student aid information, including the interest rates and repayment options to make managing your student loans easier.

Application Procedures

Steps to Apply:Complete the Free Application for Federal Student Aid (FAFSA).
The Kubert School federal school code is 015102, which should 
be entered when filing your FAFSA.

  • File the FAFSA online: Make sure to link your tax return to your FAFSA (clearly marked in the income section of the FAFSA) , otherwise your FAFSA can not be accepted.

What Happens Next - The Financial Aid Process

  1. About one week after filing, the institutions you list on your FAFSA form will receive the results of your application. The Kubert School will access this data electronically to prepare your award offer letter.

  2. Students selected for the federal or institutional process called "verification", will receive notification from the Kubert Office of Financial Aid listing materials required to complete the aid determination process.  Requested materials may include tax returns, proof of residency, proof of date of birth, citizenship, copy of social security card, selective service registration (males), proof of marital status, etc. All requested items must be received, before an award determination is made.

How Aid is Applied to Tuition 

All forms of aid are applied to a student's tuition account immediately after the add-drop period and the verification of attendance.  Student's whose aid exceeds their tuition cost will receive a refund check, which is processed by the School.

College Scorecard

Credit Balances

Students with a credit balance (Tuition Overage) of over $200 after the first semester disbursement, will receive a check for the overage amount.  Balances $200 and under, the overage will be applied to 2nd semester tuition statement.  Any credit balance after 2nd semester disbursement will be given to the student in the form of a school check.


Undergraduate Student (excluding students whose parents cannot borrow a PLUS Loan *)

1st, 2nd and 3rd Year
$5,500 TOTAL
$3,500 (subsidized)
$2,000 (unsubsidized)

Entrance/Exit Counseling - Financial Aid

Federal Direct Loan student borrowers are required to complete mandatory online entrance and exit counseling. The purpose of the counseling is to provide the student with information regarding their rights and responsibilities; the commitment that comes with the acceptance of a student loan; and to help the student understand how to manage their student loans. It is important for all borrowers to realize that student loans are not grants or scholarships; they require repayment. 

You will need to have a personal identification number (PIN) to access the entrance and exit counseling websites. If you used a PIN to apply for federal financial aid, you should use that PIN to complete entrance and exit counseling. If you have forgotten your PIN and need it reissued or if you need to obtain a PIN, go to
If you have any problems completing the online counseling or have any questions, call the Office of Student Financial Aid at (973)361-1327. 
Entrance Counseling:Online entrance counseling is required for all first-time Federal Direct Stafford and Parent PLUS loan borrowers. Entrance counseling takes approximately 20-30 minutes to complete. After signing in on the web site to complete entrance counseling, be sure to click on the Entrance Counseling link. 
The Office of Student Financial Aid receives results of entrance counseling once a week. Federal Direct Stafford and Parent PLUS loans will not disburse until entrance counseling has been completed. 
Exit Counseling: All student borrowers who leave the Kubert School either by graduating, withdrawing, or failing to return for a subsequent semester are required by Federal Law to complete exit counseling on the web at Student borrowers must complete exit counseling to obtain an official transcript, diploma or to register for classes at the Kubert School. 
Exit counseling takes approximately 30-40 minutes to complete. The Office of Student Financial Aid receives results of exit counseling once a week. Official transcripts may be released only after results are received.  
For borrowers of NJCLASS Loans go to to review your loan information.

Financial Aid Forms

Financial Aid Preview

To preview your financial aid, click HERE

FSA Direct Stafford Loans

Notice to Federal Student Loan Borrowers –
The Kubert School processes federal subsidized and unsubsidized Stafford loans under the federal Direct Loan program (DL).   This program allows all student loan borrowers to borrow “electronically directly from the US Department of Education.  

In order to participate in the Federal Direct Loan Program, borrowers are required to follow and complete the below steps:

• Complete the Free Application for Federal Student Aid (FAFSA) –
   (completion required, prior to Step 4.) To apply login to:
• Complete your “electronic version” Subsidized/Unsubsidized,  Federal
   Direct Loan - Master Promissory Note (MPN) online:
• Complete your Direct Loan Entrance Interview online:

Note:  All above steps must be completed in order for The Kubert School Financial Aid Office to receive and certify your Federal Direct Loan.
What happens after you complete the above steps?
• The Financial Aid Office will receive all applications electronically from the Federal Processing Center
• Once received, your application will be reviewed. If additional information is needed our office will contact you by mail or your Kubert School email.

• Once the review process is completed, your loan will be certified by our office.


Undergraduate Student
-Combining Loan-
(including dependent students whose parents were denied a PLUS Loan)

1st, 2nd and 3rd Year
$9,500 - Max of $3,500 can be in subsidized loan with an addl. $6,000 Unsubsidized

IRS Data Retrieval Tool for FASFA

To link you taxes, click


Master Promissory Note (MPS)


The MPN explains the terms and conditions of your loan(s). It is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. Students receiving a Direct Subsidized, Unsubsidized or Grad PLUS loan and parents receiving a Parent PLUS loan must complete a MPN. The MPN may remain on file for multiple academic years, up to 10 years.

Students can complete Electronic MPN online by using FSA ID at The Center for Student Financial Aid receives weekly electronic notifications of completed student MPNs.

Net Price Calculator

Click here for the Net Price Calculator

  • U.S. Department of Labor's Standard Occupation Classification Codes for the students preparing to enter  the workforce are 1125 - Commercial Art and 375 - Cartooning.
  • The on-time graduation rate for students completing the course is 75%.
  • The typical cost of books and supplies is on an average $1,200.  Housing fee is $6,150.
  • The job placement rate for students is 92%.
  • The median loan debt incurred by students who completed the program is $19,500.

NJ Class - Private Loan

NJCLASS allows students to borrow as much as they need to meet the cost of their education after other sources of student aid are exhausted. In addition to tuition, NJCLASS may be used for school related expenses including fees, books, supplies, and room & board. With quick approvals and electronic funds transfer, NJCLASS offers the resources you need when you need them. 

Visit the State of NJ Higher Education Student Assistance Authority (HESAA) for more information.

Plus Loan

Click here to apply for a parent plus loan.


Refund Policy
Refund of Title IV Funds / Withdrawals:

The refund policy of this school shall be in accordance with the New Jersey Department of Labor and Workforce Development Regulations for Private Vocational Schools and the U.S. Department of Education's Federal Refund Policy. Students receiving financial aid or scholarships should check with the Financial Aid Office before withdrawing after the semester has begun. Never just stop attending classes.

If a recipient of Title IV grant or loan funds completely withdraws (either officially or unofficially) after beginning attendance, the amount of Title IV grant or loan assistance earned by the student must be determined. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. This calculation is based on how far into the semester the student participated in their classes. Financial aid funds are returned in the following order: Unsubsidized Loan, Subsidized Loan, Parent Plus Loan, and Pell Grant. Any return of financial aid funds will be processed and returned to the Federal Government within 30 days.

If the amount disbursed to the student is less than the amount the student earned, and for which the student is otherwise eligible, he or she is eligible to receive a post-withdrawal disbursement of the earned aid that was not received. A student has 14 days to accept or decline the post-withdrawal disbursement of loans. This calculation is based on how far into the semester the student participated in their classes.

Official Withdrawal:
When a student withdraws from the school, they are required to officially sign out. The Financial Aid Officer provides them a school dismissal form, displaying the withdrawal date (last day of attendance), and the reason for withdrawal. The form is signed by the school and the student. When a student withdraws over the phone or email it is noted on the form, along with a copy of the email, if applicable, and the last day of attendance is used for the refund calculation.

Unofficial Withdrawal:
In the event the student does not inform the school and stops attending classes, the school will determine the student is not returning within 14 days of the last day of attendance. The LDA is used as the withdrawal date.
If the student doesn’t begin attendance in any classes, they will lose eligibility for the grant and/or loan.

It is noted that the following apply: 
1. Right to Cancel: The student has the right to cancel the agreement within three business days after signing the agreement even if instruction has begun. Upon notification, all monies paid, less the application fee and registration fee, will be refunded. Students who have not visited the school prior to enrollment can withdraw without penalty within three days following either the regularly scheduled orientation or a tour of the school facilities and equipment. 

2. Other Cancellation: An applicant subsequently requesting cancellation prior to starting training shall be entitled to a refund of all tuition monies paid minus a registration fee of 15% of the contract price of the course, but in no event may the school retain more than $100.00. 

3. Dismissal The student understands that he/she may be terminated from the school for having more than 7 1/2 days absences per semester; for not having met the standards of conduct; for not fulfilling the financial obligations; or for not maintaining a minimum grade of 2.0 in each course. If a student receives a grade of C- or Incomplete, he may be placed on probation the following semester. If a student is on probation in more than one subject, the school reserves the right to request the withdrawal of that student. Students who are dismissed will be governed by the same refund policy as students who interrupt training voluntarily. 

4. Student Termination: The student may terminate training at any time by giving notice to the school office of the intention to terminate enrollment subject to the school’s refund policy. Written Notice is not required.

5. Rejection: An applicant rejected by the school shall be entitled to a refund policy of all monies paid minus any stated application fee, not to exceed $50.00. 

6. Three-Day Cancellation: All monies paid by an applicant will be refunded, if requested, within three days after signing an enrollment agreement and making an initial payment, even if instruction has begun.

7. Refund Policy:
The school will refund not less than that portion of the tuition, lab fee and equipment fee assessed the student by the school equal to the portion of the period of enrollment for which the student has been charged that remains on:
For Pell Grant recipients
i. On the last recorded day of attendance or

Student Financial Aid Assistance recipients and all other non-financial aid students, within 30 calendar days of the earliest of these dates:
i. The date the student notifies the school of withdrawal or the date of
withdrawal specified by the student, whichever is later.
ii. The date on which the school makes its determination that the student has
iii. The expiration of the semester in which the student withdrew, as determined
by the school.
iv. The expiration of the enrollment period for which the loan was made.
The following refund calculation will apply to all students:
This refund schedule applies to full-time attendance in courses exceeding 300 hours in length but not exceeding 1200 hours. The school only has full time enrollment. In cases where other fees have been charged, the refund shall be based upon the extent to which the student has benefited.
The refund does not apply after 22 weeks of enrollment. All refunds shall be processed within thirty days. The school may retain the registration fee plus:
Weeks Completed
Refund to Student
0 -         100%
1-3        90%
4 – 7     80%
8 – 10   70%
11 – 14  60%
15 – 18  50%
19 – 22  0%

An administrative fee equal to the lesser of $100 or 5% of school charges assessed the student will be retained by the school.

Upon calculation of the refund, the funds are returned immediately in accordance with the following hierarchy:

Financial Aid Refund Policy – Refunds are returned in the following order:
  • Federal Unsubsidized Stafford Loan
  • Federal Subsidized Stafford Loan
  • Federal Plus Loan
  • Federal Pell Grant
  • Federal SEOG Grant
  • Other Title IV
  • Other Federal, State, Private or Institutional Financial Aid Assistance
  • Student
The school will refund tuition and fees according to federal and state policies, whichever is more beneficial to the student regardless of the source of funds used to pay student tuition, related fees, and other educational costs.

Upon return of Title IV funds to the U.S. Department of Education, the school informs the student via a mailed copy of the Refund Calculation Worksheet and tuition statement.

SAP - Satisfactory Academic Progress

Academic Standards:
SAP Standard for Title IV and non-Title IV students:

Minimum Grade Point Average
A student must maintain a minimum grade of C or better in each course to continue their studies at the school and receive financial aid. A student may be placed on probation at the discretion of the administration when a student’s work falls below the grade of C.  Such probation shall last only until the student is able to raise his grades to a passing level.  If a passing grade is not achieved, that student will be dismissed and, if a financial aid recipient, a refund calculation will be done and Title IV funds returned, if applicable.

When a student’s grade is in jeopardy of falling below a C average, the teacher informs the administration during our monthly teacher’s meeting.  The student is given a written warning notice by the Admissions Officer.  If the student does not correct the grade by the next month’s meeting, the students is placed on academic probation by the Academic Supervisor. At that time, the student must increase the grade or be dismissed from the school.

Attendance and Conduct
A student may be terminated from the school for having more than 7 ½ days of absences per semester, or for not having met the standards of conduct.  Student will receive a written warning prior to 7 ½ absences, then placed on probation if absenteeism continues.  The administration will determine if dismissal is necessary and if so, a refund calculation will be done and Title IV fund returned if applicable.

When a student is dismissed from the school for not making SAP in their education program, they are notified they can come back in September to repeat the program year they were studying. The maximum timeframe cannot be longer than 150 percent of 3375 clock hours. Title IV funds will not be disbursed for students not reaching SAP. 

The Joe Kubert School does not allow transfer of credits in as our courses are unique.  

Any student mot making SAP is dismissed from the school and can no longer get Financial Aid.  Any Financial Aid will be returned base on the federal refund calculation, R2T4. A Student can appeal the decision of not making SAP, it will be evaluated by the President, Vice President, Administrator and Academic Supervisor.  Based on all available data a decision will be made and that student can return the following fall semester.

Standard for student enrolled in same educational program who is not receiving 
Title IV assistance:  Standards are the same.

Tax Transcript Online at IRS.GOV

Veterans - Post 9/11 GI Bill

Effective October 1, 2011, under the new law, eligible students my use the Post-9/11 GI Bill for non-college degree programs. At private institutions, benefits include the actual net costs for tuition and fees. Eligibility levels are dependent on length of service. Students may also be entitled to a books and supplies stipend.

 The Post-9/11 GI Bill allows three separate benefit payments for most students: (1) a tuition and fees payment, (2) a monthly housing allowance equal to the Department of Defense Basic Allowance for Housing provide to service members at the E-5 pay grade with dependents within the same zip code as the student's school, and (3) a stipend for books and supplies.

Please go to the GI Bill website for more information.