Admissions

Your financial aid eligibility depends on your semester credit enrollment. After registering for classes, compare your award notification with your semester balance to determine if you have enough to cover your costs. Log into your eServices account to view your semester balance by clicking on “Bills and Payments”.

You must complete additional steps to receive your loans. After logging into your eServices account, look under “Financial Aid” on the left sidebar of the screen. Click “Loans” and follow the instructions. Entrance Loan Counseling, a Master Promissory Note (MPN), and loan acceptance are required to receive a loan. Entrance Loan Counseling and the MPN are completed at www. studentaid.gov. If you completed the counseling at a previous college, you must complete it again with Saint Paul College. The Fall Semester loan request deadline is November 20, 2025 and the Spring Semester loan deadline is April 17, 2026. Read the “Additional Loan Information Section” below for more information on student loans.

The cost of attendance is a rough estimate of how much it will cost a student to attend college. It is used primarily to determine how much aid a student can receive at Saint Paul College.

If you cannot pay for courses based on your award letter, you must drop them prior to the start of the term or you will be financially responsible. You will be charged for at least a percentage of all enrolled credits after the Add/Drop period whether you attend classes or not. The final day to change Fall registration is August 29, 2025 and January 16, 2026 for Spring semester. There is no automatic drop for non-attendance. If you do not attend classes, you are not eligible for financial aid.

If you withdraw from all college courses after the Add/Drop date and complete 60% or less of the term, federal regulations mandate that a student can only retain financial aid that is earned through the time of withdrawal. A proportional amount of federal and state aid must be refunded to the f inancial aid programs in an order determined by the federal government and State of Minnesota. The Tuition Office will use the Federal Return of Title IV Funds (R2T4) formula to determine the award and amount to be returned. You are responsible for the charges on your account that result from this calculation.

All registered students are eligible to charge at least $300 for required books and supplies on the college store website. Students receiving financial aid greater than the cost of their classes may be eligible to charge more than $300. Visit saintpaul. edu/bookcharge for important dates and more info.

Financial Aid will start applying to your student account on September 10, 2025 for Fall semester and January 28, 2026 for Spring semester. Aid will first apply to tuition, fees, and book charges. All remaining excess funds will be sent to your selected refund preference with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Read the “Additional Loan Information” section for semester-only and first time loan borrowers on when to expect disbursements.

• Summer Term Financial Aid – Your 2025-2026 FAFSA is also used for the Summer 2026 Term (May 26 – July 31). There is no additional financial aid application for summer. Summer 2026 Award Notices will be available in mid-April. You will be emailed when it is available in your eServices account. If you plan on taking out 100% of your 2025-2026 loan eligibility during the Fall and Spring, you will not have any remaining loan eligibility for the Summer 2026 semester. Plan accordingly to have enough funds available for Summer courses.
• Consortium Agreements – If you are taking classes at a different college (host school) that will fulfill requirements for your program at Saint Paul College (home school), you might be eligible for additional f inancial aid to help pay for those classes. The form is available on-line or in the Financial Aid Office. It should be submitted as early as possible to determine your full aid eligibility.

Grants – Federal Pell Grants, Federal SEOG Grants, and Minnesota State Grants are gift aid that do not need to be repaid. Grants are processed and disbursed if you meet the program eligibility requirements based on registered credits. No additional application is required to receive these grants.

Minnesota Childcare Grant – The Minnesota Postsecondary Child Care Grant Program provides f inancial assistance to students with childcare expenses. It has limited funding and you should apply early. The separate application is available online or in the Financial Aid Office. Applications are reviewed on a first-come, first served basis. Award notifications will be sent after the start of the semester. Check the application for credit level requirements. Verification of provider information is required before award notification.

Work-study – Student employment opportunities are available at Saint Paul College. To be eligible, you must be enrolled in at least six credits.

Semester-Only Loans – Semester-only loans must be split into two disbursements. For those who have previously attended college, half of your loans will apply to your account during the third week of classes. The second half will apply to your account on October 22, 2025 for Fall and March 4, 2026 for Spring. Students who receive a Fall-only loan and plan on continuing into the Spring semester must request a Spring-only loan after registering for Spring courses.

First-Time College Students – First-time students must wait 30 days after the start of the term before the first disbursement can apply to their student account. If you are a first-time student, your first disbursement will occur on October 1, 2025 for Fall semester or February 18, 2026 for the Spring semester.

Entrance Loan Counseling – Saint Paul College requires students to complete Entrance Loan Counseling for the College to receive a Direct Loan even if it has been completed for another school. Go to studentaid.gov and verify that it has been completed for Saint Paul College.

Credit Requirements – Students are only eligible for loans if they are enrolled for at least 6 credits. Withdrawn classes or FN grades do not count towards loan eligibility. If you are in the final semester of your program or are enrolled in a program less than 24 credits, you may have reduced loan eligibility.

Subsequent Loan Request – Changes to any loan request made after your initial request are only processed with the Loan Adjustment Form, available in the One Stop Office or at saintpaul.edu/forms. Students requesting semester-only loans can only be adjusted on a semester basis.

Loans Are Not Free Money – Loans are financial aid that you must pay back. We encourage you to borrow wisely. Excessive borrowing of student loans can be a costly decision. You should request only loan funds needed for your period of attendance. You can view details of your previous student loans on studentaid.gov.

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