A FINANCIAL PLANNING PARTNERSHIP
Our Partnership You’ll find a different approach to aid at Juniata.
W
e know those who wish to attend Juniata often have sought not only a top liberal arts college, but also the distinctive environment we provide, with the expectation of an immersive and transformative
education. We also know the personal investment for such an education can be complex. At Juniata, we partner with students and families and together work through the process of financing a Juniata education. Our financial planning experts will work
with you, one on one, to understand the conditions that define your family’s situation, and to provide information that can help you in your planning.
Facts about student financial planning at Juniata: •
Juniata provided more than $39.5 million in financial aid to its students in 2020.
•
98 percent of students attending Juniata receive merit and/or financial aid.
•
Juniata does not reduce need or merit-based aid when a student receives an external scholarship. This means the total value of any external scholarship you earn will not be subtracted from your net cost of education (within federal regulation guidelines).
•
Juniata students who study abroad take their financial aid with them.
•
96 percent of students who graduate do so in four years or fewer.
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95% Average ge of percenta t. need me
Our Mission The Office of Student Financial Planning is dedicated to helping students and their families manage the costs of a Juniata education through scholarships, grants, partnership, and information about other resources and means by which the cost of education can be met. We assist every family, not only those who need help funding student aspirations. Our assistance is available at any time and continues through graduation. Our goal is to help families plan for the student’s entire education at Juniata.
PHOTO: AMBER BORING ’18
My Scholarship Story I came to Juniata to study marine biology and felt at home from my very first visit. But, cost was a big concern for my family: my mom is a single mom, my sister is also in college, and, when I enrolled at Juniata, our family was caring for my grandpa. My Juniata admission counselor advised me to share all of this with financial planning and it helped me secure an additional scholarship! Because of my scholarship, I don’t have to get an extra job and I am already conducting research with Chris Grant, assistant professor of biological research, running tests on fish, critiquing other students’ research papers, and looking at specimens under a microscope. MEGHAN BRUBAKER Student researcher with Professor Chris Grant POE: Marine Biology Toxicology Biology Lab SCUBA Diving, Member of Juniata Women’s Swim Team
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Merit Scholarships
J
uniata offers an array of competitive scholarships that recognize the outstanding achievements of incoming students without regard to financial need. Academic scholarships at Juniata reward students
who do well academically, but also contribute to their school and community by getting involved. For all merit scholarships at Juniata, your application enters you into consideration. Juniata’s academic scholarships range from $24,000 to $31,000. Awards remain with you for each of your four years of attendance.
Scholarsh ips range fro m $24,000 t o $31,000.
Academic scholarships: •
James Quinter Scholarships honor the
College’s first president.
Heritage and Ray Day Scholarships, $3,000 per year,
•
Calvert Ellis Scholarships honor the
are awarded to students who show commitment to
president who led Juniata in the
academic excellence, leadership, and community
post-World War II era.
service that culminate in a level of understanding
•
M.G. Brumbaugh Scholarships honor
among diverse groups.
the College’s third and fifth president, who
was also governor of Pennsylvania.
Eagles Abroad Scholarships give students who
•
Elizabeth Baker Scholarships honor a
philanthropist dedicated to the pursuit
of peace.
•
Phoebe Norris Scholarships honor a woman
in the first graduating class of 1879. She
was the first female physician elected
Vice President of the Medical Association
in Washington, D.C.
•
Phi Theta Kappa Scholarships are awarded
to every Phi Theta Kappa student who
If you’ve achieved finalist status for National Merit,
transfers to Juniata. The awards are valued
National Hispanic, or National Achievement
at $2,000 annually.
recognition, you will receive an additional $2,500
wish to incorporate world language study into their academic program the opportunity to have multiple study abroad experiences and engage deeply with global culture. Eagles Abroad Scholarship recipients earn up to $3,000 toward study abroad, and a free trip after their first year. Juniata’s Top Scholars receive an additional $3,000 per year for achieving at least a 3.75 GPA and challenging themselves academically.
scholarship if you apply by January 5 of your senior year.
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Our Scholarship Story
Julie Reighard pictured with her brother, Joel Reighard
When I was looking at colleges, I realized that anywhere I’d go, I was going to be investing a lot. I have four brothers: three are in college and Joel (pictured) also attends Juniata. Thankfully, Juniata offered me scholarships that made it possible for me to attend. In fact, Juniata not only offered me scholarships—they had more to offer in terms of hands-on experience, a supportive community, and the talented professors. JULIE REIGHARD Member of Caring For Kids with Cancer, Eagle Ambassador POE: Accounting Financial, Intermediate, and Managerial Reading, running, soccer, hanging out with my friends
Why I Give By Eric Jensen
In life, there are a lot of things we do on faith. Becoming a parent is an act of faith. Investing is an act of faith. We take leaps of faith with the intention that there will be more good in the outcome of our investment than what we put in at the beginning of our journeys. I invest in Juniata because I know I’m helping to make a better future. At Juniata, our students contribute more because of the exceptional education they receive. Our graduates become the best teachers, scientists, and researchers because we provide student support beyond scholarships. Eric Jensen recently retired from his position as senior research fellow at Eli Lilly and Company. He serves as a trustee to Juniata College, contributes to the College’s Annual Fund, has supported building projects including the new Kepple Integrated Media and Studio Arts Building and the renovation of Founders Hall, and has created the Jensen Family Endowment, a fund that provides start-up funds for new faculty members in the physical and biological sciences at Juniata.
Juniata’s alumni (and friends) work to ensure every student can take advantage of all Juniata has to offer by investing in endowed scholarships 5 and donating to the College’s Annual Fund.
$44,014 e Averag ship, scholar d oan, an grant, l udy work st e. packag
Affording Juniata By Chris Chizmar, parent of Chelsea
When my daughter, Chelsea, was looking for a college, we visited many schools. When we visited Juniata and Chelsea sat in on a class, I knew she had made up her mind. The look on Chelsea’s face said it all and it didn’t take her long to say, “Mom, this is it.” I was overwhelmed, thinking we couldn’t afford Juniata. But before the day was over, my husband and I were sitting in a breakout group with a representative from Juniata’s Financial Planning Office who told us about different loans and spelled out a variety of types of aid. Having the ability to talk one-onone with an aid counselor brought me relief. Over the years, I have called Juniata’s Financial Planning Office many times and I feel so comfortable talking with the counselors there. They always explain things in a way I can understand. I never feel as if I’m bothering someone—I feel like we’re partners in the financial planning process. Chelsea has received a tremendous education from Juniata and I know it is because she was supported right from the start of her college career. I felt it as well— contact Juniata and experience the sincerity of working with their counselors for yourself.
Juniata provides a strong, supportive community for parents by connecting families who are going through (or have recently completed) the same journey you are 6 experiencing now.
I
n addition to scholarships awarded to students based on their academic and cocurricular achievements, Juniata also offers
need-based aid for students. If this is your first experience in the college selection and financial planning process, we encourage you to use our net-price calculator, although often our packages exceed the calculator. Whether you are the first in your family to go to college or have several family members attending in the same year, the netprice calculator can give you a general estimate of what your family will pay for college. Families that complete the calculator and submit their results, with their contact information, will receive a personal follow-up that opens the door to further communication with the Office of Student Financial Planning.
www.juniata.edu/finplan
Need-Based Aid
The Free Application for Federal Student Aid
A variety of federal and state grants exist to help
(FAFSA) is the only form Juniata requires to begin
students and families. Federal grants include
the need-based award application process. It is used
Pell Grants and Federal Supplemental Education
to determine the amount of state, federal, and Juniata
Opportunity Grants (FSEOG), which is need-based
need-based grants. It is also used to determine levels
gift aid that does not have to be repaid. State grants
of self-help, including work study as well as subsidized
are awarded to students by the scholarship office of
and unsubsidized loans. (Subsidized and unsubsidized
the state in which the student resides. Some states
loans are defined in the glossary at the end of
have reciprocal agreements that allow state grants
this booklet).
or portions of a state grant to be applied to an
Tips about FAFSA: •
•
•
The FAFSA can be submitted as early as
Loans are also available. Federal Direct Loans
October 1 of your senior year. Visit www.
are funds that a student is required to repay after
fafsa.gov to begin the application process.
graduating from college. The Federal Plus loan can be
A FAFSA is required for each student who
used by parents to help finance the family’s expected
wishes to apply for need-based aid. If
contribution. Private or alternative loans are loans
there are multiple children in your family,
through banks that a student or parent can borrow to
you must submit a separate FAFSA form
help finance the expected family contribution.
for each.
At Juniata, all students are eligible to work on campus.
File for a Federal Student Aid ID (FSA ID) at https://fsaid.ed.gov. Both the student and a parent need an ID. The FSA ID is used to log into federal web portals and to electronically sign online documents.
•
Inquire at your high school about FAFSA Completion Nights. They will be in early fall this year.
•
out-of-state institution.
Juniata College’s school code is 003279 for the FAFSA.
The student secures work through a real-world process of reviewing positions available and participating in an interview process. Students often find off-campus paid internships as well. In fact, those interning in locations with a high cost-of-living can apply for financial assistance with living expenses through the Juniata Alumni Internship Fund. On campus, first-year students can work up to 10 hours per week. Sophomores, juniors, and seniors can work up to 17.5 hours per week.
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Questions & Answers How do I manage paying for a Juniata education? Juniata offers a payment plan option with no interest or finance charges, you can enroll to make payments over 10 months. A nominal fee is charged to set up your account. The following are only a few scenarios of how a student can combine aid options to afford a Juniata education. The scenarios are based on a student receiving an award letter with an estimated family cost of $20,000.
Scenario 1 Net Cost of Education
$20,000
Outside Scholarships
$5,000
Net Cost of Education
$20,000
Tuition Payment Plan $500 per month
$5,000
Tuition Payment Plan $2,000 per month
$20,000
Private Education Loan
$10,000
Scenario 4
Scenario 3 Net Cost of Education
Scenario 2
Net Cost of Education
$20,000
Outside Scholarships
$3,000
Tuition Payment Plan $500 per month
$5,000
Student Summer Wages
$2,000
$20,000
Outside Scholarships
$2,000
Tuition Savings Plan
$5,000
Tuition Payment Plan $1,300 per month
$13,000
Parent PLUS Loan
$10,000
We look forward to meeting with you. To discuss how you or your family can afford a top liberal arts education at Juniata, please contact our Financial Planning Office at 814-641-3142 or financialplanning@juniata.edu.
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2020-21 Tuition and Fees Tuition & Fees $49,175 Room and Board $13,050 Total $62,225
98% of our students receive merit or financial aid
Is there a guarantee of aid in future years? Yes. The Conditional Guarantee assures you that Juniata-sponsored aid will remain unchanged for the student’s years of attendance. Because of this, you can plan and budget for each year with the expectation that the College aid will continue. The following conditions must be met to maintain the provisions of
Does Juniata require the submission of the College Board’s College Scholarships Service (CSS) Profile? No. The only required application for need-based aid is the Free Application for Federal Student Aid (FAFSA).
Our family knows we don’t qualify for needbased aid. Should I still complete the FAFSA? Some families are surprised to find out they qualify for need-based aid. Income is one of the factors used when determining eligibility for need-based aid. However, there are other factors such as household size and number in college. Also, students who plan to take advantage of the Federal Direct Loan or students whose parents plan to apply for the Parent Loan
the Conditional Guarantee: •
Students must meet acceptable standards of academic progress as defined in the College catalog.
•
Students must file the FAFSA by April 1.
•
Significant changes to family or financial circumstances may result in increases or decreases to financial need.
I don’t know if I’ve been accepted to Juniata College. Should I put Juniata’s school code on the FAFSA? Yes. You should list Juniata College on the FAFSA. It will speed up the financial aid process once you are accepted.
for Undergraduate Students (PLUS) loan must first complete the FAFSA.
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Conditional Guarantee corresponding commitment from our
A
College. The Conditional Guarantee
list of terms and definitions that may help make the
assures you that College-sponsored
process go smoothly.
s partners, our goal is to make this process
A student’s commitment to
as clear as possible. The first part is
attend Juniata is matched by a
aid will remain unchanged for
understanding the terms we use daily that
may not be commonplace for families. Below is a
COST OF ATTENDANCE: This is the combination of
your four years of attendance.
direct costs of attendance such as tuition and fees,
Because of this, you can plan and
room and board, and books and supplies, as well
budget for each year with the
as indirect costs such as transportation, personal
expectation that College aid will
expenses, or student disability-related expenses.
not be reduced. This means a stable family contribution each year with manageable payments. The following
EXPECTED FAMILY CONTRIBUTION: The amount that a family is expected to contribute towards the student’s cost of attendance.
conditions must be met to maintain EXTERNAL SCHOLARSHIPS: Scholarships that are
the provisions of the Conditional
received outside of the College. Juniata does not
Guarantee: 1.
reduce either need or merit-based aid when an external
Students must meet acceptable
scholarship is earned by a student (within federal
standards of academic progress
guidelines). This means that the value of the external
as defined in the College catalog.
scholarship is fully realized on the student’s award.
2. Students must file the renewal
FINANCIAL AID AWARD LETTER: The offer of financial aid prepared by the Office of Student Financial
for aid by April 1. 3. Significant changes to family or financial circumstances may
Planning. The aid offer also includes the net cost of education for the family.
result in changes to financial assistance.
Common App & Coalition App Available Aug 1
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FAFSA Form Available Oct 1
FAFSA Code: 003279
Early Decision Deadline
Financial Aid Awarding Begins
Nov 15
Dec 1
Glossary of Terms FREE APPLICATION FOR FEDERAL STUDENT AID
INTEREST RATE: The cost paid to borrow money. This
(FAFSA): The FAFSA is a required application for all
rate may be fixed or variable.
students who wish to apply for federal financial aid, as well as other aid such as state grants. To complete this
LENDER: An entity offering loans to students. It can be
form, go to www.fafsa.ed.gov
a private company or bank, the federal government, or an educational institution. It is always wise to talk with
GRACE PERIOD: A period of time after borrowers
your financial planning counselor to determine the best
graduate, leave school, or drop below half-time
source (comparing rates and fees) for your family.
enrollment when they are not required to make NEEDS ANALYSIS: The process of determining a
payments on certain student loans.
student’s financial need by analyzing the FAFSA INDEPENDENT STUDENT: An independent student
information provided by the student and parent(s).
must meet any one of the following criteria as defined by the federal government: 24 years of age, married,
NEED-BLIND ADMISSIONS: Juniata makes admission
have status of a graduate or professional student,
and scholarship decisions without consideration of
have legal dependents other than a spouse and provide
family resources.
more than 50% of their financial support; be an orphan or ward of the court (or have been a ward of the court until age 18); or have veteran status. (DEPENDENT STUDENTS: A student who does not meet any of the criteria listed above for independent students. Dependent students must report parents’ income and assets on financial aid applications.)
SUBSIDIZED STAFFORD LOAN: Based on need, the government waives the interest that accrues while the student is in school. UNSUBSIDIZED STAFFORD LOANS: Not based on need, interest accrues (accumulates) while the student is in school unless the student chooses to make
INCOME: The amount of money received from any or all of the following: wages, interest, dividends, sales, or rental of property or services, business or farm profits, certain public assistance programs, disability, inheritance, gambling or contest winnings, retirement benefits, and other types of taxable income.
quarterly interest-only payments. WORK STUDY/STUDENT EMPLOYMENT: Work study is an on-campus job that may be funded federally or by the institution. Juniata estimates earnings of $1,500 per academic year which equals 10 to 12 hours of work per week.
Early Action I Deadline
Early Action II Deadline
Regular Decision Deadline
Regular Decision Notification No Later Than
National Decision Day
Dec 1
Jan 15
Mar 15
Apr 1
May 1
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Enrollment Center 1700 Moore Street Huntingdon, PA 16652
@juniataadmission @juniataenroll /instajuniatacollege
2020
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