by Tina Gonzalez, Director of Financial Aid
Every year students tell us that, although attending Juilliard is their dream, there is no way they can afford the “sticker price”. The good news is that Juilliard offers financial assistance to over 90% of our students, both domestic and international. In addition to Juilliard scholarships, there are federal student loans available, parent loans, federal and state grants, on-campus employment, fellowships – the list goes on. As a result, we are proud to have a diverse student body that includes students from a variety of economic backgrounds, from all over the U.S. and over 40 different countries.
If you plan on applying for aid, I hope you will find the following information useful. In addition, encourage you to visit our pages at http://www.juilliard.edu/admissions/financial.html and http://www.juilliard.edu/about/faqs.html for more details. Our deadline to apply is March 1, 2011.
Financial Aid Tips for Applicants:
1. Get organized! Make a spreadsheet of each school to which you are applying, and make a note of their costs of attendance, required financial aid materials and deadlines. Later on you can enter the scholarship offers you’ve received and compare them (federal financial aid should be similar at every school, since these funds come directly from the government).
2. Plan ahead! Have a candid discussion with your parent or guardian and find out how much financial help you can expect from them. This includes whether they’d be willing to take out loans on your behalf, or cosign a student loan with you.
3. Educate yourself! Do you know the difference between a grant and a loan? In addition to learning about your schools, you’ll need to know about federal student aid as well. This includes grants, loans and work-study funded by the U.S. Department of Education. The best sites to visit are www.studentaid.gov and www.finaid.org. The information there is so helpful, we even refer to them ourselves when we have questions. In addition, you can go on the FAFSA website (www.fafsa.gov) at any time to get a preview of your federal aid eligibility.
4. Do some research! In addition to saving for college, you should also research outside funding sources. There are plenty of free scholarship searches online such as www.fastweb.com. You can also write letters to local philanthropic organizations, especially ones with whom you have a religious, ethnic or professional affiliation. Or you can even throw yourself a benefit performance to raise money!
So, to get you started, here’s what you’ll need to apply for financial aid and scholarship assistance at Juilliard:
Juilliard’s scholarship decisions are based on financial need AND merit. The merit component is based on the strength of your entrance audition. The need portion is largely determined by the information on the following required items:
- The Juilliard Financial Aid application. We’ll email the link to applicants in January.
- The Free Application for Federal Student Aid (FAFSA), if you’re a US Citizen or resident. This is available starting January 1, 2011 at www.fafsa.gov.
- A complete, signed copy of your and your parents’ 2010 federal tax form, or (for international students) official documentation of your parents’ salaries.
Detailed instructions will be available in the Financial Aid application. Our deadline is March 1, 2011. It’s extremely important to apply on time, as we are unable to award aid until all forms have been received.
We understand that everyone’s situation is unique, and encourage you to stay in contact with us throughout the process. If you have any questions or concerns along the way – even if you just want to make sure we’ve received your information – we’re here to help you. Good luck!