Admission

cycling club 1

 

 

Financial Planning Scenarios

How Do I Manage and Finance Paying for a 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

  • Estimated Family Cost
  • Outside Scholarships
  • Tuition Savings Plan $500 per month
  • Private Education Loan
  • $20,000
  • $5,000
  • $5,000
  • $10,000

Scenario 3

  • Outstanding Balance
  • Outside Scholarships
  • Tuition Savings Plan
  • Tuition Payment Plan $1,300 per month
  • $20,000
  • $2,000
  • $5,000
  • $13,000

Scenario 2

  • Estimated Family Cost
  • Tuition Payment Plan $2,000 per month
  • $20,000
  • 3,000

Scenario 4

  • Outstanding Balance
  • Outside Scholarships
  • Tuition Savings Plan $500 per month
  • Student Summer Wages
  • Parent PLUS Loan
  • $20,000
  • 3,000
  • $5,000
  • $2,000
  • $10,000