Financial Aid at Eastern International College

The Financial Aid Office at Eastern International College works to assist students in finding feasible means for financing their education. Representatives from the Financial Aid Office begin meeting with students during the enrollment process, providing guidance for the student’s application process for aid. As students complete entry requirements for their appropriate program, they meet with the Financial Aid Office (FAO) for one-on-one assistance.

During the initial meeting, a Financial Aid Advisor (FAA) meets with the student to discuss financing options as offered at Eastern International College. Throughout the application process, the student is reminded of the difference between repayable and gift aid.

The Financial Aid Office maintains an open-door policy and is available for student assistance during the enrollment process and throughout their time at EIC. A FAA meets with each student at each new semester registration for an individualized discussion about present and future financing. This policy is maintained throughout the student’s academic career with the College and after graduation.

Are you interested in discussing your financial situation with someone at the college? We want to help students get an education that will help them to secure a reliable and financially profitable job in the future! You can contact our financial services department by calling our office to speak with a financial aid representative today. For assistance, please contact your enrolled campus’ Financial Aid Office.

Financial Aid – Jersey City: Call (201) 216-9901
Email financial-aidjc@eicollege.edu


CRRSAA HEERF II Funding

Quarterly Report 2

Quarterly Report 4

The Higher Education Emergency Relief Fund II (HEERF II) was authorized by the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), which was signed into law on December 27, 2020. In addition to the $30.75 billion provided last spring through the Coronavirus Aid, Recovery, and Economic Security (CARES) Act, the CRRSAA authorizes a total of $81.88 billion in support for education, with $22.7 billion allocated to the HEERF II program. These funds are intended to “assist public and private nonprofit colleges and universities in preparing for, preventing, and responding to coronavirus,” and to provide temporary emergency financial assistance to eligible students who are experiencing financial hardship due to the coronavirus pandemic.

Under CRRSAA section 314(a)(1), Eastern International College (EIC)) was allocated $448,838 in HEERF II funding. Of this amount, all funds must be used for emergency financial aid grants to students (CFDA 84.425E Student Aid Portion Allocation).

In May 2021, EIC issued checks to eligible students totaling $448,838 from the CRRSAA HEERF II funds.  Grants were given to 567 eligible students with amounts ranging from $70.23 to $975, based on financial need and academic program residency status (online or on campus). These grants were given with the express purpose of covering expenses related to the cost of attendance (eg: food, housing and utilities, health insurance, including mental health care, transportation, or child care) or for emergency costs that arise due to COVID-19. Per guidance from the federal government, these grants are to be distributed to students with exceptional need, which will be identified by the Free Application for Federal Student Aid (FAFSA).

Funds from the HEERF II CRRSAA Emergency Relief Fund are not considered financial aid and do not affect a student’s current or future financial aid eligibility. Any unclaimed funds will be reallocated or returned to the Dept of Education as permitted in the Certification for funding.


1098T Forms

The College provides 1098T forms showing qualified payments as received during the given fiscal year; all forms are postmarked by January 31 st of the following year. Any student who wishes to use a Tax Identification Number (TIN) instead of their Social Security Number can do so by completing a W9 form and submitting it to their enrolled campus’ Financial Aid Office.