Thomas Edison State University | College Financing Plan (CFP)
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Welcome to our College Financing Plan (CFP)

This resource is designed to help you estimate the cost of attending Thomas Edison State University during the July 2023-June 2024 Academic Year, and identify potential sources of financial aid so you can easily compare Thomas Edison State University with other institutions and make an informed decision about where to attend school.

You are not required to complete the College Financing Plan but may find it helpful in understanding the costs of attending college and potential funds available that may assist you in paying for your college education.

To generate a College Financing Plan, please complete the questionnaire below. Your printable Shopping Sheet will be displayed once you complete the questionnaire and select "Calculate Your Estimate." A printable version of the College Financing Plan will also be emailed to you.

NOTE: This College Financing Plan is an estimate of costs and potential sources of financial assistance and demonstrates Thomas Edison State University's adherence to the Principles of Excellence under Presidential Executive Order 13607. Final calculations are based on data supplied by users and are intended for informational and comparative purposes only. Final calculations are not official financial aid awards and financial aid decisions are not based on information in the College Financing Plan. Students can expect their personal sources and amounts of potential aid to vary. At Thomas Edison State University and other participating institutions, students who are awarded financial aid are notified through an official financial aid award letter issued by the University's Office of Financial Aid.

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(results will be emailed to you)

How many credits do you expect to take during the 2023-2024 academic year?

At Thomas Edison State University, most courses are 3 credits, so if you plan to take three courses in a single year, it would typically be a total of 9 credits. Using the drop down menu below, select the number of credits you think you will take at Thomas Edison State University during the 2023-2024 Academic Year.

Do you work for an organization that has a Corporate Choice® agreement or other similar arrangement with Thomas Edison State University?*

Thomas Edison State University has agreements with several corporations and organizations. Students employed by these organizations can take advantage of special tuition programs. View current partner list »

 Yes     No

What are your estimated costs for housing and meals for the year?

As a distance education institution, Thomas Edison State University has no campus residencies and does not offer or charge any fees for housing and meals. With the exception of our Accelerated 2nd Degree Bachelor of Science in Nursing program, students complete their course requirements online and without the need to visit our campus. The costs you include with this estimate are based solely on your personal estimate.

What are your estimated costs for books and supplies for the year?

The pre-populated amount is provided as an estimate by Thomas Edison State University for the cost of books and course materials for 24 credits (about 8 courses), which equate to approximately $209 per course. You may change this to reflect the amount of credits you expect to complete in a single year.

What are your estimated transportation costs for the year, as it pertains to your education?

With the exception of our accelerated Bachelor of Science in Nursing program, Thomas Edison State University students complete their course requirements online and without the need to visit our campus. The costs you include with this estimate are based solely on your personal estimate.

Enter your estimate of other education costs.

The costs you include with this estimate are based solely on your personal estimate. Do not include Tuition, fees, or books/supplies.

In relation to the Pell Grant, how many terms (or semesters) do you expect to register for courses during the year?

This is important because Pell Grant eligibility is determined from your Free Application for Federal Student Aid (FAFSA) form. The eligible, maximum amount you can receive in a Pell Grant is split equally by the number of terms for which you register for courses. Using the drop down tool below, select the number of terms for which you plan to register for courses in a single year.

The Pell Grant is not available for graduate students.


Note: You must be registered for six (6) or more credit hours of online or Guided Study courses in a term to receive any type of Federal financial aid for that term.

In relation to the New Jersey Tuition Assistance Grant (only New Jersey residents are eligible), which terms do you expect to register for courses during the year?

To receive a New Jersey Tuition Assistant Grant in the Fall, New Jersey residents must be registered for and complete 12 credit hours in either the September or October terms. To receive a New Jersey Tuition Assistant Grant in the Spring, New Jersey residents must be registered for and complete 12 credit hours in either the January or February terms. Using the drop down tool below, select the terms for which you plan to register for courses in a single year.

How much funding do you expect to receive from scholarships for which you have applied?

Review this Loan Chart and then enter amounts you expect to borrow from either or both of these Federal Student Direct Loans.


Enter below any amount you expect to receive from a Parent PLUS Loan and/or a Non-Federal private education loan.


PLUS Loans are for dependent students only. Dependency is defined by the Department of Education primarily as single, undergraduate students who are not veterans and are without dependents.



Private education loans are offered by private lenders, such as banks and other financial institutions, which typically do not require federal forms to be completed.

How much tuition assistance do you expect to receive from your employer or the U.S. military?


Military TA paid by your service is based on the number of credits you expect to take and the corresponding tuition. Review the Military Tuition Assistance chart to understand the amount of annual TA allowed by the military services and limitations imposed by them.



Check with your employer's HR or Education Office to estimate your benefit.

Enter the amount you expect to receive in Veterans Education Benefits based on the G.I. Bill chapter for which you are eligible.

Please access the VA's "Comparison of Monetary Benefits" to help you determine the amount of your benefits.






Enter your Expected Family Contribution (EFC) as shown on the Student Aid Report (SAR) you received after submitting your FAFSA (Free Application for Federal Student Aid).