Types of Aid

Several types of financial aid are available for graduate students who qualify, including loans, scholarships and fellowships.  Some of these are described below.

LOANS

Federal Unsubsidized Stafford Loan

  • Not need based
  • Must be enrolled at least half-time (three hours per semester) and enrolled as a degree-seeking student.
  • Maximum: $20,500 per academic year
  • Aggregate Limit: $138,500
  • 6.8% interest rate for the 2013-2014 financial aid year

This loan program is designed to help students regardless of family income. The borrower is responsible for paying accrued interest either by making monthly or quarterly payments or by agreeing to have the interest capitalized. Repayment over a 10-year period begins six months after ceasing attendance as a half-time student. JBU strongly recommends borrowing only for the cost of the program.

Alternative Loans

Available to supplement federal financial aid for education costs.

Applying for Loans

In order to receive any kind of aid, you must first submit a FAFSA by accessing www.fafsa.ed.gov.  Be sure to indicate in Step 5 that you want the results sent to JBU (Title IV School Code 001100).

For federal student loan information, contact

Enrollment Counselor
Sarah Cowles
SarahCo@jbu.edu
877.528.4636 or 479.524.71

 

SCHOLARSHIPS

Graduate Diversity Scholarships

The Graduate School offers scholarships in varying amounts to students who will help fulfill the purpose of the diversity scholarships, which is to increase program diversity and strengthen service to various cultural communities.  The scholarships are also intended to encourage the application of new students who will increase diversity at the JBU Graduate School and who will be effective participants in and contributors to an increasingly complex and diverse world.  To apply, click here: Graduate Diversity Scholarships

Single Parent Scholarship Fund of Benton County, Arkansas

This scholarship is available to Benton County residents only. Visit www.spsfbc.com for more information.  Occasionally, other scholarships are offered and will be posted on this site when available. These are not scholarships offered by JBU. In these instances, please submit your inquiries or completed applications directly to the organization indicated.

Teacher Opportunity Program (TOP)

The Teacher Opportunity Program (TOP) offers tuition reimbursement grants to Arkansas teachers and administrators.  Teachers and administrators may apply for reimbursement of out-of-pocket expenses paid for up to six (6) college credit hours completed for each academic year, not to exceed $3000.  For more information, click here: Arkansas Department of Higher Education Financial Aid Division.  This is not a scholarship offered by JBU; therefore, all inquiries and completed applications must be submitted directly to the ADHE.

 

ASSISTANTSHIPS AND FELLOWSHIPS

A limited number of graduate assistantships and/or fellowships are available each academic year to eligible applicants. Applicants for all programs must have completed the application process and be officially admitted into graduate studies at JBU.  Applications must be submitted to the department for which you are applying for financial assistance by the specific deadline indicated on each application.  For more information, click here: Fellowships and Assistantships