Financial aid from Principia is usually a combination of grant and loan. Each grant is a gift and does not have to be repaid. Each low-interest loan (5%) is payable over 10 years, beginning nine months after graduation or withdrawal from college.
In addition to need-based assistance, merit scholarships are awarded each year to dozens of students who qualify.
Part-time jobs are available to students to help offset college expenses. Our student employment office is here to help you find and apply for positions in departments and offices of the College.
While there are many outside scholarship and loan sources available, we do not recommend fee-based services. However, the following resources are legitimate organizations that offer need-based aid.
This private organization provides low-interest loans and grants to students who are sincere, active students of Christian Science. For information and an application, visit their website.
This organization provides grants to Texas residents who are Christian Scientists and who attend a U.S. college or university. Visit their website or contact them by phone at 214.692.5686 or 888.663.8326.
Residents of Illinois, Indiana, Iowa, Kentucky, Missouri, and Wisconsin may be eligible for these grants. Contact: P.O. Box 6072, Champaign, Illinois 61826.
This interest-free loan program for undergraduates awards loans of up to $4500 annually. Loans are available to students who are permanent residents of the St. Louis metropolitan area or who live in specific counties in Missouri and Illinois. Visit their website for more application information.
Many firms and unions provide scholarships to employees and their children. Local philanthropic organizations also provide aid to residents. Contact your guidance counselor, union office, or company personnel office for information.
Books are available at public libraries with information on grant, loan, and scholarship programs across the country. Scholarship information can also be found online. Some websites that might be helpful include www.finaid.org, www.fastweb.org, and www.collegeanswer.com.
Since Principia aid does not cover all college costs, it is expected that you will come to Principia with enough funds to cover whatever remains after financial aid is applied. Many students find that working over breaks helps them pay for expenses during the school year.