Financial Aid
The Bottom Line? Jamestown College is Affordable!
As a prospective student, we want you to know that a quality education is within your reach!
Many families do not even consider a quality private education because they do not get beyond "sticker shock." In fact, for many students and their families, a private education may be the best value! Jamestown College's cost, before financial aid is awarded, is about half the cost of many other private, four-year colleges.
Nearly 100 percent of our students receive some form of financial aid. Our aid packages are based on individual need as well as on academic merit, leadership and special talents. We encourage you to apply for both Jamestown College and federal aid.
*Click on the Award/Scholarship name to get more information.
Academic & Merit Scholarships
Wilson Scholarship
Wilson Scholarship recipients from the February, 2009 competition are: Fabien Cayer, Brandon, MB; Haley Johnson, Jamestown, ND; Jeffrey Prentice and Bloomington, MN.
Wilson scholarship recipients from the November, 2008 competition are: Ben Larson, Jamestown; Kelsey Eckart, Harvey; and Stephanie Erlandson, Breckenridge, Minn.
(Full tuition for four years):
- Applicant must demonstrate commendable academic and leadership skills
- Two on-campus competitions each year - one in November and one in February of the applicant's senior year in high school.
**Application will be available online from August 1st thru Feb 28th.
Melvin R. Arnold Scholarship
The Melvin R. Arnold Scholarship recipients from the 2009-2010 competitions are John Peterson, Makoti, ND and
Justin Slusser, Jamestown, ND
The Melvin R. Arnold Scholarship recipients from the November 2008 competitions are Amanda Hedstrom, Havre, MT, Hanna Mortimer, Rapid City, SD and Tucker Woock, Eden Prairie, MN
($10,000 over four years):
- Major in either biochemistry or chemistry -or- minor in chemistry along with a major in biology, math, or a pre-professional science area
- Competition dates by arrangement - generally in conjunction with Wilson Scholarship competition dates.
- May be in addition to other Jamestown College scholarships
**Application will be available online from August 1st thru Feb 28th.
Valedictorian/Salutatorian Scholarship
(up to $36,000 over four years):
- Awarded to students who are Valedictorians or Salutatorians of their class after completion of their 7th semester of high school.
- Must be an incoming freshman to qualify
- Must have a minimum 25 ACT composite score or 1130 SAT Critical Reading plus Math total score
ND Scholars Award
Jamestown College will provide the difference between our tuition and the amount that is awarded to the student by the State of North Dakota. This scholarship is available to each qualified student each year for four years. The North Dakota Scholars Award will replace any other Jamestown College academic awards.
Presidential ($40,000 over four years)
Honor ($30,000 over four years)
Trustees ($26,000 over four years)
Dean's ($18,000 over four years)
Heritage ($14,000 over four years)
- Awarded to all students who qualify
- Renewable for at least four years
Application:
- No special application form for academic scholarships is required. Minimum 3.0 on a 4.0 scale grade point average and 19 composite ACT or 890 total Critical Reading plus Math SAT score required.
- If you are accepted at Jamestown College, you will be awarded the highest value scholarship for which you qualify.
- For a quick estimate of your institutional scholarship potential, send us your high school/college transcript.
Deadline:
- Open consideration.
Athletic Scholarships
Awarded and renewed by coaches at their discretion.
Application:
- No special application form for athletic scholarships is required.
- Each sport may have requirements specific to that sport. Contact the appropriate coach for further information.
Deadline:
- There is no official deadline; however, limited funds are available, so the earlier you apply, the better.
Music Scholarships
- Audition dates by arrangement in November or February of the applicant's senior year in high school
- Awarded and renewed by music directors at their discretion.
Auditions will include:
- A performance component
- An interview with music faculty
- An evaluation session
- A written summary of interests and experiences in music
**Application will be available online from August 1st thru Feb 28th.
Theatre Scholarships
Application:
- Awarded and renewed by the theatre director at his discretion.
- Auditions may be required for theatre scholarships.
Deadline:
- There is no official deadline; however, limited funds are available, so the earlier you apply, the better.
Sibling Scholarship
- Two or more siblings who are enrolled full time will receive $1,000 each if living on campus or $500 each if living off campus.
Alumni Referral Scholarship
- Student initially referred to Jamestown College by a Jamestown College alumnus.
- $500 scholarship for the student's first year.
Pastor's Referral Scholarship
- Student initially referred to Jamestown College by a pastor.
- $500 scholarship for the student's first year.
Presbyterian Clergy Scholarship
- Student whose parent is a Presbyterian clergy member will receive $500 scholarship per year.
Journey Award
Grants
Federal and State Grants
In addition to scholarships, you may be eligible for other financial aid programs. For a quick estimate of eligibility for federal aid, you might want to check out an on-line need estimator such as this one: http://www.finaid.org.calculators/finaidestimate.phtml.
The FAFSA, available from your high school guidance counselor, Jamestown College, or www.fafsa.ed.gov is the form you use to apply for state and federal aid. Consult the FAFSA for deadline information. Jamestown College's financial aid priority date is March 1st. Jamestown College's Federal School Code is 002990.
- Federal Pell Grant (up to $4,731 during the 2007-08 school year); eligibility determined by federal guidelines.
- North Dakota State Grant ($600 annually); eligibility determined by state guidelines.
Application:
- Complete the FAFSA. No additional institutional application is required.
Deadline:
- In order to be considered for a State Grant, your FAFSA form needs to be processed by March 15.
Institutional Grants
Jamestown College may have need-based funding available to qualifying students. Please file the FAFSA for determination of your eligibility for this funding.
Loans
Federal loan programs
- Jamestown College participates in the federally-funded Stafford, Perkins and PLUS loan programs.
- FAFSA results will determine eligibility for Stafford and Perkins loans.
- You pay no interest or principal on federally-subsidized loans until six to nine months after graduation, withdrawal from college or until your course load is less than six credits. Interest on unsubsidized loans accrues while you are in college, but the principal is still deferred.
Loan Limits:
- The Stafford Loan limit for freshmen is $3,500 beginning in the fall of 2007. The Stafford limit for sophomores is $4,500, while juniors and seniors can borrow up to $5,500. Unsubsidized loans are an option for those not eligible for the subsidized loan program.
- The Perkins Loan annual limit is $4,000 with an interest rate of 5 percent.
In order to borrow funds through the Stafford Loan or Perkins Loan programs, students must complete entrance counseling. If you have both Stafford and Perkins loans, you must complete entrance counseling for each type of loan. To do so, please click here: mapping-your-future.org.
Alternative Loans
Jamestown College has applications available from financial institutions to offer alternative loans to assist in paying the family contribution. These loans are for the student or parent and usually require a credit check. Having a co-signer for the loans may reduce fees.
Other Financial Aid
Employment
You also may qualify for campus employment. Two programs, one under federal guidelines and the other through Jamestown College, enable students to perform a variety of jobs: office work, residence hall maintenance, food service, custodial help, lab assistance, tutorial services and more. Your earnings from campus employment are intended to offset educational charges.
Early application is encouraged, as we have a limited number of jobs for new students.
Installment Payment Plan
Jamestown College participates in a custom billing installment plan administered by "Tuition Management Systems." This option can help ease payment of college costs. Monthly payments are interest free. No credit checks or finance charges apply. An enrollment fee is required. You may change the amount budgeted and the monthly payments after enrollment if changes in financial aid, scholarships or loan amounts occur. For more information, refer to the Tuition Management Systems brochure or contact the agency at 1-800-722-4867 or click here.