![Nuns from Jangchub Choeling Nunnery in Mundgod, South India, begin the creation of the Medicine Buddha Sand Mandala at the Peter J. Gomes Chapel in Lewiston, Maine, as part of the Jangchub Jamtse Tour, on June 24, 2024. The mandala is part of the Jangchub Jamtse Tour and aims to generate positive energy and mend physical, emotional, spiritual, and environmental ailments.The event is open to the public until June 28, 2024. (Theophil Syslo | Bates College)](https://www.bates.edu/news/wp-content/blogs.dir/174/files/2024/06/4x6_-400x267.webp)
In Gomes Chapel, a Buddhist healing ritual grows, one grain o…
Created in Gomes Chapel this week by Tibetan nuns, the colorful, exquisite sand mandala will be dissolved into Lake Andrews, but its healing energy will remain.
Education loans help students and parents finance education costs over time, making payments more manageable.
Different options are available for students and parents, depending upon whether the student qualifies for or is receiving other types of financial aid. Bates participates in the William D. Ford Direct Loan Program.
Federal education loans are subject to origination fees that are deducted at the time of disbursement. This means that the net amount of any loan disbursed to Bates may be less than the total amount borrowed. Stafford Loan borrowers are charged an origination fee of 1.057%. PLUS Loan borrowers are charged an origination fee of 4.228%. Private/alternative loans may be subject to fees that either are deducted from loan disbursements or are added to the loan principal at repayment.
Loan disbursements are credited to accounts after the start of the semester. Families who have provided required loan application documents by August 1 may deduct the amount of the expected first semester disbursement (one-half the total academic year loan minus origination fees charged) from the first semester charges due August 1.