Thomas College’s investment in you doesn’t stop at our funding, we also invest in your financial knowledge. You should feel prepared when it comes to making the right decisions to invest in yourself. Finding funding beyond that offered in your financial aid award is not always easy. Let us help you make the first step in that journey.
Thomas College believes you should take great pride in receiving a scholarship from an outside donor. You put hard work and effort into receiving these funds. Thomas College will never reduce our investment in you when you receive an outside scholarship. outside scholarships will be stacked upon aid already offered and/or reduce your loan burden.
Tuition benefit contributions from employers may have different policies. Please contact Student Financial Services or see our College Catalog.
Here are just a few great places to find outside scholarships:
- High School Guidance Office
- State organization scholarship search tool (FAME for Maine students)
- Banking institutions
- Area Chamber of Commerce
- Local Career Center
- Religious Affiliations
- The Maine Community Foundation
- The Gauvin Scholar Program (Aroostook County Students)
Federal Work Study
Thomas College offers Federal Work-Study to those students who may qualify. We have over 100 different positions for students to chose from! Work-Study is a great way to earn money for college expenses while still being able to focus on academics and enjoy a well-rounded college life. Students at Thomas earn $1,200 or more a term through work-study. Don’t see work-study offered on your financial aid award? Don’t worry, you still might qualify, and our Student Financial Services office would love to talk to you about this great program. Email us today!
Thomas College assists a diverse population of students with financial needs. Some of our students benefit from state assistance, veterans’ benefits, or vocational rehabilitation programs. We are happy to complete any documents you may need to complete this process with the organization you may be working with.
- Parents Loans for Undergraduate Students (PLUS)
- Citizens Bank Student Loan for Parents
- College Ave Parent Loan
- Maine Loan
- Bangor Savings Bank
- Sallie Mae Student Loan
- Discover Private Student Loan
- Citizens Bank Student Loan
- College Ave Undergraduate Student Loan
- Union Federal Private Student Loan
- SoFi Private Student Loans
The listed alternative loan lenders are available options depending on financial need. Thomas College accepts all alternative loans and encourages borrowers to do research on their own, as the borrower may be able to find lenders offering better benefits or interest rates.
Lenders shown were chosen based on previous history with Thomas College including customer service provided to the college and its students, competitive interest rates, additional borrower benefits, and ease of application.
Income Share Agreements
An Income Share Agreement (ISA) from Stride Funding is an innovative, affordable alternative to student loans.
Stride’s flexible repayment structure ties your monthly payment directly to your income, offering you downside protection during difficult times and ensuring that you pay nothing if your income falls below the minimum income threshold.
With an ISA from Stride Funding, you do not need a cosigner or current income, as they look at where you’re going, not where you’ve been. Plus, all Stride students automatically become a member of the Stride Community, giving you access to career support (e.g., weekly content, exam prep, interview guidance) and a broader community of peers who can support you as you begin your professional journey. Learn more at www.stridefunding.com/thomascollege to help fund your future, today!