Get the Full Picture for Financial Aid
Financial aid is important (and often confusing), and we want to help you understand the process.
To help you get started, we’ve distilled it down to the following three steps. Beyond this, reach out to a college financial advisor to discuss your eligibility and needs. At St. Edward’s, your personal financial aid advisor will work with you — throughout your college career — to identify all of the scholarships, grants and loans you qualify for, and walk you through the application process.
We’re committed to helping right-fit students find their place here, with generous scholarships and financial aid packages that meet their needs.
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How to Apply for Financial Aid at St. Edward’s
Apply for Admission
When you apply for admission before the priority deadline, you'll be automatically considered for the most scholarships.
Priority Application Deadline: Feb. 1
Complete the FAFSA
The Free Application for Federal Student Aid (FAFSA) asks questions about a family's income and assets to determine a Student Aid Index (SAI). Make sure to list the St. Edward's federal school code, 003621, in the school release section, so the university gets your results. Because every school has a limited amount of financial aid to offer, students who meet our FAFSA priority deadline are most likely to get the best financial aid package. Of course, those who submit FAFSAs after the priority deadline are still considered for financial aid, but it may be a lesser amount than if they had met the deadline. Check out our tips for completing the FAFSA.
FAFSA Priority Deadline: May 1*
Log into myHilltop
After you’re admitted and have provided all the required documents, you’ll receive a financial aid offer letter in the mail. Financial aid offers are also displayed in myHilltop. You’ll be asked to go to myHilltop to accept the aid offer and complete any additional requirements to secure your aid offer. Many aid offers combine three types of aid — merit-based, need-based and supplement aid.
All Other Financial Paperwork Due: July 1*
*The FAFSA priority deadline is May 1 for entering freshmen, new transfers and continuing undergraduates.
Why Everyone Should Submit the FAFSA
At St. Edward's, nearly every student receives scholarships and grants they don't have to pay back. But every year, some students miss out on making college more affordable because they didn't complete the FAFSA, or Free Application for Federal Student Aid. Learn why every student should complete the FAFSA.
3 Steps for Submitting your FAFSA
Step 1: You don’t need anything besides the FAFSA and your application.
To apply for financial aid at St. Edward’s, you only need to submit the FAFSA. However, some colleges require additional forms or applications for aid along with the FAFSA. Check with each school’s financial aid office for specific requirements.
Step 2: Get an FSA ID at fsaid.ed.gov.
Your FSA ID allows you to complete and sign your FAFSA electronically, and check the status and make corrections to it online. Students and parents must apply for separate FSA IDs. You’ll use your same FSA ID throughout your student’s college career to complete the FAFSA and access your records, so file it in a safe, convenient place.
Step 3: Make sure you get your FAFSA email.
You will receive an email acknowledgment from the Department of Education after completing the FAFSA. If you do not receive a response within 48 hours, contact the Federal Student Aid Information Center at 800-433-3243. St. Edward's will receive your results in a week.
Three Types of Aid
Learn about the three types of aid and what they mean for your college financial planning.
These scholarships are based on academic, service, athletic or other areas of noteworthy achievement. They are grants and do not have to be paid back.
Academic Scholarships
Our academic scholarships for high-achieving new freshmen can save you $12,000 to $30,000 annually. And you’ll automatically be considered for them when you apply.
Specialty Scholarships
Our specialty scholarships (the Sorin Award and the Moreau Scholarship) are awarded to students who graduate from Holy Cross High School.
Additional Scholarships
These are based on superior achievements in athletics, the arts, ROTC, community service or other areas of noteworthy accomplishment.
When you file your Free Application for Federal Student Aid, or FAFSA, you will automatically be considered for these financial aid options. Grants and work study do not require repayment.
University Grants
St. Edward’s University grants are available to students (U.S. citizens and legal residents) who show financial need according to the FAFSA. In 2021 alone, students at St. Edward’s were awarded more than $85 million.
Federal Pell Grant
Available to students (U.S. citizens) who show financial need according to the FAFSA. Annual awards vary widely and is based on the student's Expected Family Contribution (EFC) as calculated from the FAFSA. Pell Grant funds are sent directly to the school and applied to the student’s bill.
Federal Supplemental Educational Opportunity Grant (SEOG)
Federal grant awarded to Pell Grant–eligible students who have demonstrated the highest calculated need from the FAFSA. Awards are applied directly to the student’s bill. SEOG is subject to availability.
Texas Tuition Equalization Grant
State-funded, need-based grant offered to eligible full-time undergraduates who are Texas residents. Students who receive athletic scholarships are not eligible to receive a TEG.
Federal and State College Work Study
Provides paid employment opportunities in various campus offices. Work study is offered to students with demonstrated financial need. Students are paid at an hourly rate and receive pay every two weeks for the hours worked. The average college work-study award is $2,000 annually and is paid directly to the student. College work-study is subject to availability. Please note that a work-study award is not a prerequisite for the majority of on-campus jobs. Numerous opportunities exist for students who do not qualify for this award.
A number of supplemental educational loan programs exist to allow families to borrow up to their student’s full cost of attendance. Annual loan limits under the Federal Student Loan program vary for dependent and independent students.
Federal Direct Student Loan — Subsidized
Subsidized student loans are awarded on the basis of financial need as determined by the FAFSA and the college's cost of attendance. The federal government pays the interest on the loan during enrollment of at least six credit hours per semester and during the six-month grace period after enrollment ceases.
Federal Direct Student Loan — Unsubsidized
An unsubsidized student loan is not based on financial need, and interest accrues from the time the loan is disbursed until it is paid in full. Additional Unsubsidized Stafford Loan funds are available for students whose parents are not creditworthy or for students determined independent of their parent by Department of Education standards. Federal Student Loan funds are released directly to the school in two or more disbursements via Electronic Funds Transfer (EFT) and applied directly to the student bill.
Federal Direct Parent Loan for Undergraduate Students (PLUS)
Available to creditworthy parents who want to borrow for their undergraduate children's education. Students must be enrolled at least half-time. A Master Promissory Note (MPN) is required in addition to the submission of the FAFSA. The loan amount can be up to the cost of attendance minus other financial aid received. PLUS Loan funds are released directly to the school in two or more disbursements and applied directly to the student bill. Repayment begins 60 days after the loan is fully disbursed for the academic year, although deferment options are available.
Contact Us
Hours
Monday–Friday
9 a.m.–5 p.m.
Location
Main Building
Room 204
Get in Touch
Student Financial Services
seu.finaid@stedwards.edu
800-555-0164 (toll-free)
512-448-8523
512-416-5837 (fax)
Submit Financial Aid Paperwork
Please submit documents through our secure portal
Mailing Address
Student Financial Services
St. Edward's University
3001 S Congress Ave
Austin, Texas 78704