State Aid

The State of Tennessee and the State of Florida offer educational assistance for state residents. For a complete listing of grants and scholarships as well as eligibility requirements and application procedures, visit the Tennessee Student Assistance Corporation website or the Florida Department of Education website.

Federal Aid

The federal government offers several types of educational grants. All students must complete FAFSA to be eligible.

For Undergraduate Students

Federal Pell Grant
The Pell Grant is based upon eligibility and enrollment status and does not need to be repaid. The current maximum amount is $5,815 per year. Anyone with a bachelor’s degree is no longer eligible. For more information, see the Federal Pell Grant page.
Federal Supplemental Educational Opportunity Grant (FSEOG)This is gift assistance that does not need to be repaid. It is normally awarded to students enrolled full-time who are Pell Grant recipients. The award ranges from $400 to $1,000 per year. Bachelor’s degree holders are no longer eligible. For more information, see the Federal Supplemental Education Opportunity Grant page.


For Undergraduate Students and/or Graduate Students

Work-Study Program
The Work-Study program offers students the opportunity to work part-time to help meet college costs while also providing valuable work experience. Most students are assigned positions and receive between 4 and 10 hours of work per week. Students with additional need may request additional hours. Visit the Work-Study page to learn more.
Federal TEACH Grant Program
The TEACH Grant Program provides grants of up to $4,000 a year for students enrolled in the Teacher Education program. In return, recipients agree to serve as a full-time teacher in a high-need field, in a public or private elementary or secondary school that serves students from low-income families. Recipients must teach at least four academic years within eight calendar years of completing the program of study for which they received the grant. If the recipient fails to complete this service obligation, the full amount of the TEACH Grant will be converted to a Federal Direct Unsubsidized Loan.

Federal Loans

Three types of federal loans are available to Johnson University students:

  • Federal Direct-Student
  • Federal Direct PLUS-Parent
  • Federal Direct PLUS-Student

Borrowers have the right to cancel all or a portion of the loan within 14 days of disbursement. Contact the Financial Aid Office in writing to complete the cancellation. If a credit balance remains on the student account after the loan funds have been disbursed, a check will be issued in the amount of the credit. For more information, please review the Student Accounts refund policy.

Johnson University is committed to providing an affordable Christian education and hopes that all students will graduate free of debt. At the same time, we understand this may not be possible for everyone. Only students and their families can determine how much money needs to be borrowed to cover educational costs. Financial planners recommend students borrow no more than their anticipated first year’s salary or that the anticipated monthly loan repayment not exceed 10% of their anticipated monthly take-home pay. A loan repayment calculator is available at to assist in the planning process.


Federal Direct Loan-Student

Repayment of a Federal Direct Loan begins six months after the student’s enrollment status drops to less than half time. Students must complete Entrance Counseling and sign a Master Promissory Note (MPN) at The student must also complete Johnson’s Financial Aid Check In.

The two types of Direct Loans are:

  • Subsidized – The government pays interest on the loan while the student is enrolled at least half-time. Interest will start accruing when the student drops below half-time status.
  • Unsubsidized – Interest accrues immediately. Students may pay the interest quarterly or request that interest be capitalized (added to the loan principle).

Maximum Direct Loan Award Amounts

Grade Level Dependent Student Independent Student
Freshman (0-29.9 hrs) $5,500/yr $9,500/yr*
Sophomore (30-59.9 hrs) $6,500/yr $10,500/yr*
Junior/Senior (60 and up) $7,500/yr $12,500/yr**
Graduate N/A $20,500/yr

* At least $6,000 of this amount must be in unsubsidized loans.
** At least $7,000 of this amount must be in unsubsidized loans.


Federal Direct PLUS-Parent

Parents of a dependent undergraduate student may apply for a PLUS loan. They may borrow up to an amount that does not exceed the student’s cost of attendance, minus any other financial aid. Parents must complete an application each year and a one-time Master Promissory Note at They will receive immediate notification of acceptance on their application.

Repayment begins the day the loan is fully disbursed. The first payment of principal and interest is due within 60 days. However, parents may request the payment be deferred as long as the student is enrolled half-time.

If the loan is denied due to a poor credit rating, and the parent does not appeal the credit decision or complete the endorser information, the parent and student will be notified of additional loan options.

Federal Direct PLUS-Student

In addition to the Federal Direct loans, graduate students or students in the adult studies program may apply for the Federal Direct Plus loan for students. The student is eligible to borrow up to an amount that does not exceed their cost of attendance,  minus any other financial aid. Students must complete an application and a Master Promissory Note  at Students must also complete the Financial Aid Check-In each year.

The repayment period begins 60 days after the final loan disbursement. However, students may request the payment be deferred as long as they are enrolled half-time. This loan does not have a six-month grace period.

Click here for more  information on Disclosures or Rights and Responsibilities for federal loans.

Private Loans

Johnson University partners with Great Lakes Educational Loan Services to help students and their families understand private lending and select the plan that best fits their needs. Johnson University is prohibited from recommending any of the lenders listed. Click here to learn more.

Student Lending Analytics also provides an independent review of private educational lenders.