My daugther is starting school in September and we applied for a NJClass loan and got pre-approved.  After pre-approval how long does it generally take to receive a final loan offer?  Has anyone been pre-approved and then denied the loan?  Just want to know if I need to keep other options open.  Thanks!

I don’t know, sorry.  I’d say check with the financial aid office.  They can usually help.  And be careful about private loans!

Paying off your NJCLASS loans as early as you can to save money. When you choose to start making payments while in school or when you pay a little more toward your principal balance while in repayment, you accrue less interest and reduce the total cost of your loan. And with no prepayment penalties, paying a little extra when you can is a great strategy.