Hawai Finance

Jan 31 2018

Financial Aid

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Financial Aid

Saint Leo University knows that your education is one of the most important investments you will make in your lifetime. The Financial Aid Office at Saint Leo University is here to help you plan for and navigate through the financial aid application process.

Saint Leo University awards institutional, federal, and various state financial aid to eligible students who are enrolled in a degree program and are attending at least part-time. A Free Application for Federal Student Aid (FAFSA) must be filed annually to receive these awards.

Apply each year after January 1, when you have tax information available for the prior year (preferably by April 15, as some funds are limited). The FAFSA asks questions about a family’s income and assets to determine an Expected Family Contribution, or EFC.

Please click here for complete instructions on applying for financial aid.

  • Grants – A form of need-based aid, distributed based on financial need as determined by the FAFSA.Grants do not have to be repaid.
  • Loans – A financial aid award that must be repaid with interest. Federal loans are available by filling out the FAFSA. These loans do not have to be paid off until the student graduates.
  • Scholarships – A merit based award that does not have to be repaid, and is based on an eligibility factor outside of, or in addition to, financial need. Saint Leo University does not offer graduate scholarships, but students are encouraged to explore outside scholarship opportunities.

Please visit Types of Financial Aid Programs for a detailed listing of all available aid offered by Saint Leo University.

Accepting Your Financial Aid Award
You can accept, decline, reduce, or view your financial aid at eLion. Saint Leo University’s web interface that allows you to access information contained in the Saint Leo University administrative database. You will need to accept your loan amounts if you would like to borrow the student loan that has been offered.

To Maintain Financial Aid Eligibility
Federal regulations require all schools participating in the Title IV financial aid programs to have a Satisfactory Academic Progress (SAP) policy. which applies to all applicants and recipients of financial aid. To maintain financial aid eligibility, a student must be making satisfactory progress toward a degree.

Satisfactory progress is determined in both a qualitative and a quantitative measurement. Click here to view the Satisfactory Academic Progress (SAP) policy.

Using Aid to Purchase Textbooks
Textbooks can be purchased through our book vendor, MBS Books. Click here to learn about the book voucher program.

At Saint Leo University, we believe an investment in your education is an investment in your future. We are committed to providing you with useful information for financing your future. You have a number of options available in your pursuit of financial aid. Besides loans and federal and state grants, you may seek outside scholarship funding based on academic and professional accomplishments and other eligibility criteria. Begin your scholarship search early, and be persistent. Scholarship directories are often updated on a regular basis, so check back frequently. When you’ve found scholarship opportunities that sound right for you, be thoughtful and thorough in your application materials.

Click here for a detailed listing of additional scholarship opportunities.

Military Veteran Aid
Saint Leo University is committed to making education affordable for all active military and veterans. Our dedicated staff members are designated by Veterans Affairs (VA) as certifying officials for the University. Using the latest technology provided by the VA, we process claims electronically to the VA Regional Processing Center in Muskogee, OK. for payment of benefits. In addition to serving veterans with benefit inquiries, we also provide assistance for any student in the U.S. military whose Saint Leo University enrollment is impacted by military activation.

We encourage active military and veterans attending Saint Leo University to contact us by phone or email with any questions pertaining to the processing of VA educational benefits or military activation assistance while at Saint Leo University.

If you have questions concerning your eligibility for Veteran’s Education Benefits, you may also call the Veteran’s Administration Regional Office at 888.442.4551.

Click here for detailed information on the types of Military Veteran Aid available.

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