J. Walter & Margaret Rice Loan Fund

Eligibility Criteria

1. Enrolled full-time in College of Communication with planned major in Journalism, Broadcast & Electronic Communication, or Advertising
   
   
2. Must show financial need

Amounts & Selection Process

Awards range from $500 - $2,000 per academic year. Marquette selects eligible students and determines loan amount.

Terms

For the 2009-2010 academic year, the interest rate will be a fixed rate of 1%. No interest accrues while the student is enrolled at least half-time. Standard repayment period is 5 years. Repayment begins and interest accrues 6 months after the last date of half-time enrollment. Students are billed quarterly by Marquette's Student Loan Accounts.

Application Process

File the Free Application for Federal Student Aid (FAFSA).

Renewal Process

Renewed only if all necessary forms are processed and received prior to March 1, students continue to meet eligibility requirements , and funds are available at the time that the application is complete.