We encourage you to start early. Once you know what school you will be attending and are able to provide proof of enrollment, such as a letter of acceptance or a tuition bill, start the loan application process.

The minimum you can borrow is $2,500 per year. The maximum you can borrow is the certified amount determined by your school, up to $30,000 per year. The school certified amount is typically the Cost of Attendance (COA) less any other financial aid received.

The application process must be completed online at   https://nj.custudentloans.org/apply

Yes, you must provide proof of enrollment at the school you are attending to complete the application process.

Acceptable proof of enrollment includes one or more of the following in an acceptable format: letter of acceptance, a tuition bill, a print-out of a class schedule.

Yes, all loans are certified with the school.

Your cosigner signs up online at this site. They simply set up an account, provide certain security information, and designate that they are cosigning your loan. They complete the same origination, verification, and underwriting procedures as you since they will be jointly responsible for repayment of the loan, in the unlikely event you fail to make the required payments.

Yes. During the application process and as part of the underwriting process we pull a credit bureau report on both the borrower and cosigner. The borrower’s creditworthiness or ability to repay the loan is assessed based the credit bureau of the borrower, the credit bureau of the cosigner, as well as the borrower’s academic attributes.

FACS (Fynanz Academic Credit Score) Grade is a designation assigned to each loan request to assess borrower creditworthiness using a proprietary credit scoring model develop by Fynanz. FACS Grades are unique because, unlike many other scores, the FACS takes into account not only the credit bureau data, but also the student’s academic characteristics such as GPA, course of study, school, class standing, and year of study.

The status of your application is available by signing in to your account. You may also contact us via email or phone to speak with a customer care representative.

No. A borrower may withdraw a request at any time and has up to 30 days from the loan approval date to return the money and avoid being charged any fees or interest.