Financial Aid and Scholarships

The only thing more challenging than choosing the ideal college is paying for it. Fortunately, the List College/JTS Financial Aid Office is committed to making it possible for all students to realize their educational goals. We encourage students to apply for financial aid, and no student should hesitate to apply for admission due to financial concerns.

Financial-aid applications are due March 1.

Do not wait for an admissions decision to apply for financial aid. Financial-aid applications are available at the Office of Financial Aid, or call (212) 678-8007. Find more information about tuition and fees.

What Is Financial Aid?

Financial aid is funding that JTS makes available to help students pay for their education. Each family represents a different set of financial circumstances that impact upon that family's ability to pay for college. Financial aid from JTS, private, state, and federal sources provide the help needed to meet the cost of higher education. Learn more about the process of applying for financial aid and the types of financial aid available to List College students.

There are two forms of financial aid:

Need-based financial aid is determined by your family's demonstrated financial need. JTS need-based aid is awarded through the JTS Financial Aid Office.

Merit-based financial aid is determined by your academic achievement. JTS merit-based scholarships and fellowships are awarded by the List College dean's office in conjunction with its fellowship committee.

How is Financial Aid Determined?

List College financial aid is largely based on the analysis of a student's demonstrated need. Demonstrated need is the difference between the costs involved in attending List College and the amount your family can contribute to those costs. The Financial Aid Office determines a family contribution based on information you and your family provide, including:

  • Family's income and assets;
  • Household size;
  • Additional family members attending college full-time;
  • Unusual medical expenses;
  • Changes in future income due to downsizing or retirement;
  • Student/Spouse assets and earnings.

JTS assumes that it is the obligation of the student's family to finance education. When the total resources provided do not meet expenses, JTS, with the help of federal and state programs, will provide assistance to enable a student to obtain a JTS education.

Financial assistance can include gift aid (scholarships and grants) and loans which may be offered as one program or through a combination of programs.

JTS expects a minimum contribution from all students, regardless of their income and assets, in assessing the need for institutional funds. Students may receive the maximum Title IV funds for which they are eligible.

Before awarding institutional scholarships, JTS will consider outside or private scholarships already awarded to the student. If students receive outside funding after a financial aid award has been made, JTS reserves the right to reduce its offer accordingly.

Awards are made on the basis of financial need as determined by needs analysis documents and FAFSA. However, the Financial Aid Office may adjust the estimate of need indicated by these documents in consideration of unusual circumstances and with the submission of supporting documentation.

The total amount of financial assistance offered a student shall not exceed the demonstrated need for aid after considering all other resources available. JTS offers up to 100 percent of demonstrated need for undergraduates.

Cost of a List College Education
Tuition and fees
Room and board
Books and supplies
Personal allowance

Parental income and assets
Student income and assets
Private scholarships, grants, and loans

Cost of Education minus Resources = Demonstrated Financial Need.

Learn more about applying for financial aid and important terms and dates.