How Do I Pay for My Juniata Education?
- Outside Scholarships: Funds from non-Juniata agencies are deducted from your estimated family cost, not from our award.
- Tuition Management Systems (TMS): With no interest or finance charges, your parents can enroll to finance your costs over 10 months through TMS. A nominal fee is charged to set up.
- Parent Loans: Through the PLUS loan (Parent Loan for Undergraduate Students), payments can be extended up to 10 years.
- Private Education Loans: Credit-based loans (also called alternative loans) are offered by banks and other lending institutions to students. Some loans of this type require co-signers, and some do not. Details vary depending on the program and lender.
- Campus Employment: Additional student employment may be available. Work is not credited against charges but is paid directly to the student during the academic year.
The following are only a few scenarios of how a student can combine the financial aid options listed above. The scenarios are based on a student receiving an award letter with an estimated family cost of $20,000.
Scenario 1 | Scenario 2 | ||
Estimated Family Cost | $20,000 | Estimated Family Cost | $20,000 |
Outside Scholarships | $5,000 | Tuition Payment Plan $2,000/month | $3,000 |
Tuition Savings Plan $500/month | $5,000 | ||
Private Education Loan | $10,000 |
Scenario 3 | Scenario 4 | ||
Outstanding Balance | $20,000 | Outstanding Balance | $20,000 |
Outside Scholarships | $2,000 | Outside Scholarships | $3,000 |
Tuition Savings Plan | $5,000 | Tuition Savings Plan $500/month | $5,000 |
Tuition Payment Plan $1,300/month | $13,000 | Student Summer Wages | $2,000 |
Parent PLUS Loan | $10,000 |