While not a traditional student loan, Jurna offers students earnings based funding agreements in which the student receives funding for school in exchange for a percentage of their future income over a limited number of years. 

Unlike traditional private loans or income-based repayments, Jurna funding does not have an APR, so there is no principal or interest paid. Meaning, when you fulfill your promised number of years at the promised percentage, you are done. Additionally, each funding agreement outlines an earnings minimum and repayment maximum. 

Yes -- Jurna follows standard best practices around data security and uses highly vetted third parties, like Plaid, for sensitive transactions like moving money from one account to another.

If you are in the application process, please refer to your application portal. For other questions, please visit our Contact Us page. We promise to get back to you within 24 hours.

Students must be rising juniors or seniors in an accredited, four-year institution majoring in an approved field. Currently, we are funding students at Marshall University for the fall of 2025 and will be expanding funding beyond that soon.

Don't stress, while we know you are ready to start working, with Jurna, you don’t pay until you’re earning above the minimum income threshold of $35,000. 

Applying is easy; fill out the qualification form, and if you are enrolled in a qualified major at a qualified university, we will invite you to apply through Jurna's online application process. There's no application fee, no co-signer, and no credit score. Applying for Jurna funding does not impact your credit score.

Yes.

No — in fact, we don't even have a place for one. Our approval is based on your major and school, not your credit or your family. 

Jurna funding doesn't have an interest rate. Rather, Jurna students commit to repay a certain percentage of their future income over a set number of years. That said, if you were to calculate an effective APR, Jurna funding typically ranges between 6% to 11% effective APR.

No, there is no application fee or origination fee.

Repayment begins once you receive your first paycheck from your first full-time job as long as you meet the minimum annual income threshold of $35,000.

No – there’s no need to transfer repayment obligation, because it’s based on how much you individually earn. Put simply: If you don’t earn, you don’t repay until you start earning again.

If your employment situation changes – for example, if you get laid off, go back to college, take a major pay cut, etc. – your repayment plan will be adjusted to your new income or be temporarily suspended until you are employed again.

Yes. Our preferred method is to receive payments automatically deducted from your paycheck, paid to us directly by your employer. Alternatively, you can set up autopay through Jurna’s repayment system through Plaid to pay us directly.

Effectively yes. While we don't call it a grace period, with Jurna, you only pay the promised percentage when you are employed and making more than the minimum required income of $35,000 a year. So if you are graduating and don't start a job for 3 months, you won't pay until your first paycheck.

Yes — we assign every funding agreement a maximum effective rate. You can settle early at that rate at any time.

There is no fixed debt/ principal, no interest, no balance hanging over you. You share a percentage of earnings for a set time that you agree to.