Loans and Work Study

Some TUFW students are able to complete their degrees without taking out student loans.  But in reality, most students DO find it necessary to take advantage of the various student loan programs available to help underwrite the cost of their education. Here are some facts that provide a more complete picture of the student loan situation:

  • Over the last several years, the average indebtedness for TUFW graduates has been around $18,000-20,000. This places us in the lowest third of an association of more than 100 private Christian colleges to which we belong.
  • There is little difference between the average indebtedness of students who graduate from public or private universities.
  • Our default rate is less than 2 percent, indicating that the vast majority of our graduates are able to handle the debt they have upon graduation.
  • The federal student loan programs offer a comparatively low-cost borrowing option to students and their families – much better than borrowing against a credit card, for example.
  • One very attractive feature of the federal student loan programs is that repayment of loan principle is deferred for as long as the student remains enrolled at least half-time in a qualifying school.


Loan Programs & Application Processes