Financial Aid

Financial Aid

Carson-Newman is one of the nation's most affordable Baptist private colleges. Many of Carson-Newman's students receive financial aid in the form of grants, scholarships and loans. Below you will find common financial aid opportunities.

  • Subsidized Direct Stafford Loans are awarded based on financial need. You will not be charged (interest) while you are in school or, if applicable, for a six-month grace period once you graduate or drop below half-time enrollment.

  • Unsubsidized Direct Stafford Loans are not awarded based on financial need. You will be charged interest from the time the loan is disbursed until the time the loan is paid in full. You do not need to repay the loan while you are in school or, if applicable, for a six-month grace period once you graduate or drop below half-time enrollment.

  • Some employers have tuition reimbursement plans for staff who pursue additional schooling. Department managers and human resource officers are the best sources of information.

  • Grants are a great way to get assistance to pay for college education. Grants are based on financial need and, unlike loans, they don’t have to be paid back. The most popular student grant is the Pell Grant. For additional information, including application requirements, visit the Department of Education website.

  • You may also explore funding through the Tennessee Baptist Foundation and TN College Pays.

The first step to applying for financial aid is to complete the Free Application for Federal Student Aid (FAFSA).