FINANCIAL AID AT SAINT FRANCIS UNIVERSITY

Excellence is Within Your Reach

Your Journey. Our Commitment.

Saint Francis University believes every qualified person who desires higher education has the right to pursue it regardless of socioeconomic status.  With this in mind, we will work to help you fund your education through our comprehensive financial aid program, which utilizes University Funds, Federal and State grants, Outside scholarships, and Student Employment.

 

GETTING STARTED

Helping to Make the Process Easier 

We have several tools to help make the process of financial aid easier.  Here you will find net price calculators, an early version financial aid estimator, and general information regarding the financial aid process.

Net Price Calculators

Choose one of the following Net Price Calculators to estimate net totals and financial aid considerations.

 

Early Version Financial Aid Estimator

Use the estimator to generate an Early Version Financial Aid Package.  This will give you an indication of the amount of financial aid for which you may qualify.


Financial Aid Dictionary

Below, we define some terms frequently used by colleges and universities.  


Cost of Attendance

Our estimate of each year’s total college costs includes tuition and fees, room and meals, books and supplies, personal expenses, and transportation.


Expected Family Contribution (EFC)

Your expected Family Contribution (EFC) is an index number used to determine your eligibility for federal student financial aid. This number results from the financial information you provide in your Free Application for Federal Student Aid (FAFSA®) form. It's reported to you on your Student Aid Report (SAR).

 

Your EFC is calculated according to a formula established by law and considers your family's taxed and untaxed income, assets, and benefits (such as unemployment or Social Security). Schools use the EFC to determine your federal aid eligibility and financial aid award. 


Demonstrated Need

This is the Cost of Attendance for Saint Francis University minus your Expected Family Contribution (EFC). 


Financial Aid

Money given, loaned or made available to help cover college costs. Financial aid can come in the form of gift (scholarships and grants) and self-help (loan and work). At Saint Francis University, 98% of undergraduates who apply received some type of aid.


Merit-based Financial Aid

Money offered to students based entirely on high school or previous academic performance.  Saint Francis University currently offers 5 different merit-based scholarships that are calculated by your admission's counselor.


Need-based Financial Aid


Federal, State, or Institutional aid given to families that qualify by filing the FAFSA (Free Application for Federal Student Aid).
 


Net Price


The amount that the family pays for one year of college. This is calculated by subtracting the total amount of grants, scholarships and self-help aid from the Cost of Attendance.

Aid Types

  • Merit Based

  • Additional Awards

  • Loans

  • Student Employment

  • ROTC & Military

  • Outside Scholarships

Saint Francis University offers merit-based scholarships that depend entirely on academic performance. For full consideration of a Saint Francis University scholarship, students must have a complete application on file before March 1.  A complete application automatically qualifies a student for scholarship consideration. Students should review the Terms & Conditions of their award upon enrollment. Read the entire academic progress policy.

MERIT BASED SCHOLARSHIPS

  • Founders Award

     

    Founders Award

    • Up to $20,000 each year for all four undergraduate years
    • Minimum Requirements: 3.8 GPA I  SAT 1320  I 28 ACT
  • Presidential Award
    • Up to $18,00 each year for all four undergraduate years
    • Minimum Requirements: 3.6 GPA| 1270 GPA | 26 ACT
  • Assisi Award
    • Up to $14,000 each year for all four undergraduate years
    • Minimum Requirements: 3.4 GPA I 1170 SAT  I 24 ACT
  • Dorothy Day Scholarship
    • Up to $10,000 each year for all four undergraduate years
    • Minimum Requirements: 3.2 GPA I 1080 SAT  I 21 ACT
  • McGuire Scholarship
    • Up to $8,000 each year for all four undergraduate years
    • Minimum Requirements: 3.0 GPA I 980 SAT  I 19 ACT
  • Outside Scholarships

    The below pdf provides a list of outside scholarships offered as a service to students. Please make sure that you review all terms and conditions associated with each organization since they are not awarded directly by Saint Francis University. 

     

    Campus Explorer Scholarship Search.pdf

ADDITIONAL AWARDS

  • Franciscan Award
    • Open to Catholic High School Graduates
    • Amount: $8,000 ($2,000 each year for all four undergraduate years) 
  • Scholarship and Entrepreneurship for Economic Development (SEED) Scholarship
    • Amount: $76,000 (2 recipients)  ($22,500 each year for all four undergraduate years) 
    • Minimum requirements are a 3.0 GPA and an 1100 SAT (Math and Critical Reading)
    •  Eligible students must be a business administration major (accounting, business administration, economics and finance, information systems management, manage mentor marketing).
    • Qualifying students will be notified directly and must complete the application process.
    • Students awarded the scholarship will be required to perform internships at the Saint Francis University Small Business Development Center.
    • The SEED Scholarship will replace any Saint Francis University academic award
    • http://stage.francis.edu/seed
  • Transfer Students
    • Amount: $7,000 - $17,000 per year
    • Transfer Scholarships are only available to students seeking their first baccalaureate degree.
    • The scholarships are renewable each year as long as the student remains in good standing with Saint Francis University and maintains a 3.0 QPA.
  • International Scholarships
    • Amount: $8,000 - $18,000 per year
    • International Scholarships are only available to students seeking their first baccalaureate degree.
    • The scholarships are renewable each year as long as the student remains in good standing with Saint Francis University and maintains a 3.0 QPA.
  • Hugh O'Brien Youth Scholarship
    • Amount: $1,000 per year
    • Awarded to honor outstanding students with high academic credentials who have participated as Hugh O'Brien Youth Ambassadors. Proof of participation is required.
  • Isaac Award Scholarship
    • Amount: $1000 one time
    • High school juniors and seniors who participate in high school theatre/musical programs and the Altoona Community Theatre's Isaac Awards programs are eligible to apply. Click here to apply
  • Athletic Scholarships

    Saint Francis University offers a Division I intercollegiate athletic program fully certified by the National Collegiate Athletic Association (NCAA).

    • Student-athletes can receive scholarship money in 22 sports.
    • All athletic scholarship decisions are made by the head coaches of each respective sport.
  • Legacy Scholarship
    • Amount: $1,000 per year
    • Awarded to students who have had a parent or grandparent graduate from Saint Francis University.
    • Renewable until completion of the first bachelor's degree.
  • Tuition Exchange

    Saint Francis University is a member of three tuition exchange scholarship programs: the CIC (Council of Independent Colleges) Tuition Exchange Program, the Catholic College Cooperative Tuition Exchange Program, and The Tuition Exchange, Inc.
    The Tuition Exchange Scholarship Programs are networks of colleges and universities willing to accept students from families of full-time employees of other participating institutions.

  • Outside Scholarships

    http://www.francis.edu/external-scholarships/

LOANS

  • Federal Direct Student Loan (Subsidized)
    • Undergraduate students with financial need

    • Amount:

      • Freshman: up to $3,500/year

      • Sophomore: up to $4,500/year

      • Junior/Senior: up to $5,500/year

    • Interest: Fixed, 2.75% (1.057% origination fee), Undergraduate rate

    How to Apply

    Visit studentaid.gov & file FAFSA*. Complete Master Promissory Note (MPN) and Entrance Loan Counseling.

     

  • Federal Direct Student Loan (unsubsidized)
    • Undergraduate/Graduate students with or without financial need
    • Amount:

      • Freshman: up to $5,500/year

      • Sophomore: up to $6,500/year

      • Junior/Senior: up to $7,500/year

    • Interest: Fixed, 2.75% (1.057% origination fee), *Undergraduate rate

    • Graduate: Up to $10,250/semester
    • Interest: Fixed, 4.3% (1.057% origination fee)

    How to Apply

    Visit studentaid.gov & file FAFSA*. Complete Master Promissory Note (MPN), and Entrance Loan Counseling.

  • Federal Direct Parent PLUS Loan
    • Parents borrowing for a dependent student
    • Amount: Up to the cost of education less aid received
    • Interest: Fixed, 5.3% (4.248% origination fee)

    How to Apply

    Visit studentaid.gov & file FAFSA*, parent complete PLUS Master Promissory Note and PLUS Loan application.

  • Federal Direct Graduate PLUS Loan
    • Graduate students with financial need
    • Amount: Up to the cost of education less aid received.
    • Interest: Fixed, 5.3% (4.24% origination fee)

    How to Apply

    Visit studentaid.gov & file FAFSA*, and student complete PLUS Master Promissory Note and PLUS Loan application. 

STUDENT EMPLOYEMENT

  • Work Study Program

    Students must find their own jobs. No student is guaranteed a job. Employers are made aware of students who are eligible for FWS and these students are to be given priority in the hiring process. A maximum of twenty hours (20) per week may be worked during periods of enrollment. The current wage rate is $7.25/hour. Students are paid on a bi-weekly basis for the number of hours worked.

  • How to find a job
    1. Review student employment positions
    2. Check to see if you qualify for work study (noted on your Financial Aid Package).
    3. Complete your paperwork (you will receive further information from the payroll office once you're enrolled as a student).

    Summer employment is based on the discretion of the department.  Students carrying 3 or more credits may work a maximum of 20 hours per week when classes are in session. When classes are out of session, they may work up to 35 hours per week (again, based on the discretion of the department they are employed).

There are many types of financial assistance available to military personnel and veterans. This is a brief outline of some of your options.
Once you have applied for enrollment at Saint Francis University, we suggest that you set up an appointment to meet with our coordinator of military affairs for VA and financial counseling.

ROTC & MILITARY

  • ROTC Scholarships

    ROTC Scholarships

    Reserve Officer's Training Corp Scholarships are available for Saint Francis University students through the U.S. Army. Learn more about the Military Affairs at Saint Francis.

  • Yellow Ribbon

    Institutions that voluntarily enter into a Yellow Ribbon Agreement with VA choose the amount of tuition and fees that will be contributed. VA will match that amount and issue payment directly to the institution. Saint Francis is proud to announce that we will be contributing 50 % towards the Yellow Ribbon program: the maximum allotment permitted.

     

    Learn more about the yellow ribbon program  by calling our Military Affairs coordinator: 

    Mr. Jacob Taylor
    Coordinator of Military Affairs
    814-472-2824

    Mr. Christopher L. Chavira, ROTC Enrollment and Scholarship Officer
    1-800-487-ROTC

    Veterans Affairs
    1-888-GIBILL-1

OUTSIDE SCHOLARSHIPS

  • Outside Scholarships

    Explore Outside Scholarships HERE

UNDERGRADUATE 

How to Apply for Financial Aid

  • Apply for a federal username and password at studentaid.gov. Both the student and a parent must apply for separate usernames and passwords.
  • Complete the Free Application for Federal Student Aid (FAFSA) online at studentaid.gov. The FAFSA can be completed as early as October 1st. 
  • Once the FAFSA is complete, you will receive a Student Aid Report (SAR) from the Federal Government. The SAR will contain a number known as the Expected Family Contribution (EFC).
  • The Office of Financial Aid will send you a Financial Aid Award Package once you are fully accepted to Saint Francis and the office has received your FAFSA. Please note: May 1st is the filing deadline for Pennsylvania State Grant consideration (PHEAA).  To check state grant status, check pheaa.org

  • Eligibility

    In order to receive Saint Francis University Institutional Aid (Institutional merit aid, University grants, Endowed University scholarships, etc.) full-time dependent (as determined by Federal guidelines) undergraduate students are required to do one of the following:

    • Live in University owned or operated housing includes Residence Halls, University owned apartments/houses/townhouses, and University operated rentals.
    • Commute from primary home of parent or legal guardian as long as the home is within a 40 mile radius of the campus.
    • Be registered with the university as a dependent of a current Saint Francis University employee and receiving tuition remission benefits.
  • Athletic Aid Eligibility

    In order to receive athletic aid, an undergraduate or graduate student, regardless of dependency status, must reside in University housing unless approved by the Department of Athletics. 

  • Commuter Students
    • To be eligible for institutional aid, students who commute from the home of a parent or legal guardian or are dependents of a SFU employee and receiving tuition remission benefits must be registered with the Office of Residence Life and approved as a commuter.
    • If a student chooses to live off-campus (private residence, apartment, etc.) they do so with the understanding that they will forfeit Saint Francis University institutional aid.
    • If a student fraudulently reports that they are commuting from home to the Office of Residence Life and are found to be living off-campus, the University reserves the right to revoke institutional aid and disciplinary action may be taken.
    • A Saint Francis University student housing contract is for two semesters. The on-campus housing policy applies to Fall and Spring semesters (Summer is excluded with the exception of Athletic contracts which are subject to their terms and conditions). 
Graduate 

How to Apply for Financial Aid

To receive a Financial Aid Package you must first be accepted to Saint Francis University.  Please contact the Graduate Department you are seeking acceptance to for Admissions information.

  • Complete Free Application for Federal Student Aid (FAFSA) or add Saint Francis University's federal school code (003366) at studentaid.gov  for the academic year in which you will be enrolled.
  • Complete Master Promissory Note and Entrance Counseling for Federal Direct Loan at studentaid.gov.   
  • Alternative/Private Loan information can be found at www.elmselect.com.
  • Payment plan options available via CashNet. Please visit the Student Finances section on your my.francis.edu portal to enroll.
Francis Worldwide School of Continuing Studies

How to Apply for Financial Aid

To receive a Financial Aid Package you must first be accepted to Saint Francis University.  Please contact the Francis Worldwide Department for Admission information.  

  • Complete Free Application for Federal Student Aid (FAFSA) or add Saint Francis University's federal school code (003366) at studentaid.gov  for the academic year in which you will be enrolled. 
  • Complete Master Promissory Note and Entrance Counseling for Federal Direct Loan at studentaid.gov. 
  • Alternative/Private Loan information can be found at www.elmselect.com.
  • Payment plan options available via CashNet. Please visit the Student Finances section on your my.francis.edu portal to enroll.