Other Aid & Financing

Fund Amount Information
Federal Work-Study and Randolph College Work-Study Up to $2,000 Need-based employment students typically work up to 10 hours per week. Off-campus community service jobs may also be available. Some jobs are available for students who do not qualify for need-based assistance. Since the number of available positions is limited, students should apply for employment as early as possible.  NOTE: Students are not guaranteed placement in a job position or number of work hours assigned.


Payment Plan and Loan Options

Fund Amount Information
Monthly Payment Plan Up to cost of education No interest is charged on this program that enables parents to spread payments over 10, 9, or 8 months beginning June 1, July 1, or August 1, respectively. A $55 convenience fee is charged per year. Initial deadline to apply: June 1 for 10-month plan.  Subsequent deadlines of July 1 and August 1 for the 9- or 8-month plans.
Federal Parent PLUS Loan Up to cost of education less all other financial aid Fixed interest rate of 6.41%.
Randolph PLITT Loan Up to $10,000 College loan program designed to help bridge the gap between the Cost of Attendance and a student's financial aid award. The interest rate is currently 3.5%.
Alternative Loans Up to cost of education less all other financial aid Randolph College works with a variety of lenders who are committed to the education loan industry. However, if you choose to borrow from another lender, we will certainly accommodate your wishes. 

 

 Private College 529 Plan

Fund Amount Information
Private College
529  Plan
              
Contributions    
up to $13,000
($26,000 for
married couples) per   child per year.
Get tomorrow's tuition at today's prices for up to 30 years after purchasing this plan. Can currently be used at 270 colleges and universities nationwide -- including Randolph College!