APPLYING FOR AID

Making a quality
education possible.

Students in classroom.

INTRODUCTION TO FINANCIAL AID

What is financial aid?

Saint Paul College financial aid is available to help students finance the cost of an education. Most students are eligible for financial aid.
Saint Paul College School Code: 005533

Financial aid comes in the form of grants (money that the student does not have to pay back), loans (money that the student must pay back) and college work-study (money the student earns through employment).

Eligibility is determined from the results of the Free Application for Federal Student Aid (FAFSA).

Financial Aid Hours
Monday8:30am – 6:00pm (last check-in at 5:45pm)
Tuesday8:30am – 5:00pm (last check-in at 4:45pm)
Wednesday8:30am – 5:00pm (last check-in at 4:45pm)
Thursday8:30am – 6:00pm (last check-in at 5:45pm)
Friday9:00am-12:00pm (summer hours)

FINANCIAL AID DEFINITIONS

We’re here to help
bring clarity to financial aid.

What is FAFSA?

The FAFSA is the Free Application for Federal Student Aid, FAFSA. This is the application for all types of financial aid: grants, loans, or college work-study.

More information about financial aid resources is available on the Federal Student Aid website.

What is the cost of education?

The cost of education includes tuition, fees, a room and board allowance, books, supplies, a transportation allowance, and a personal expense allowance.

What is Expected Family Contribution (EFC)?

An amount, determined by a formula called Federal Methodology, indicates how much of the student and his or her family’s resources should be available to help pay for school. The Expected Family Contribution (EFC) is used in determining the student’s eligibility for federal and state financial aid. If a student has unusual expenses that may affect his or her ability to pay for school, the student should notify the Financial Aid Director.

What is financial need?

Financial need is the difference between the cost of education and the expected family contribution calculated by the federal processing center.

What are the types of enrollment?

  • Full-Time Enrollment: 12 credits or more per semester.
  • Three-Quarter-Time Enrollment: 9-11 credits per semester.
  • Half-Time Enrollment: 6-8 credits per semester.
  • Less Than Half-Time Enrollment: 5 credits or fewer per semester.

COST MANAGEMENT

Managing your
college costs.

Student in the library cubicle.

Managing your tuition payments in order to save money can be overwhelming. This Managing your College Costs brochure covers 7 steps to receiving Financial Aid, key contacts for commonly asked questions, and important policies & terms which can affect your college balance.

NET PRICE CALCULATOR

Estimate your
college costs.

The Net Price Calculator is a tool for students and parents to use to get an estimate of what it may cost to attend Saint Paul College.

Financial Aid disbursement

Delivery of your
disbursements.

Saint Paul College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. For more information about BankMobile Disbursements use the buttons below.

FINANCIAL AID RESOURCES

Financial aid resources to point you in the right direction.

The Saint Paul College Financial Aid Office will calculate financial aid eligibility after receiving FAFSA results and all required documents.

Financial aid is intended to supplement the difference between the cost of education and the expected family contribution. The student and his or her family have the primary responsibility to pay for the student’s education. Several resources are available to help students meet their educational expenses.