Types of Aid

Financial aid is any resource that is available to help you and your family pay for your college education. Financial aid includes, but is not limited to: scholarships, grants, student employment and student loans. Financial aid is provided by colleges and universities, the federal and state governments, private businesses, community groups and private lenders.

The important thing to remember is that there are many ways to finance your education. Don't assume you are not eligible for financial aid because your family has a certain income level. Many factors other than income are used to determine your ability to contribute to the cost of your education.

A scholarship is a gift given in recognition of academic achievement, special talents or contributions to school, community or church.


A grant is a gift given on the basis of financial need. By completing the Free Application for Federal Student Aid (FAFSA), you are automatically considered for grant funds.


Student loan programs allow you to borrow money to help pay for your education. Loans must be repaid. Generally the repayment of student loans is deferred until after you complete your education.


Work-Study / Student Employment
Work-study allows you to help pay your college costs by working an on-campus, part-time job or an off-campus community service position. While priority consideration for student employment is given to students who demonstrate financial need, all students at St. Thomas are eligible to apply for employment on our campus.


Military Benefits
Veterans and/or their dependents may be entitled to benefits from a variety of programs to assist with educational expenses.

The Basic Application Process

  • Apply for undergraduate admission and be admitted to a degree or certificate program.
  • File the  Free Application for Federal Student Aid (FAFSA) online at www.fafsa.gov. Make sure you include the University of St. Thomas federal school code (002345) on your application. 
  • Respond promptly to all requests for additional information from the Financial Aid Office.
  • The Financial Aid Office will begin sending award notices to students with a complete financial aid file in early March.

The University of St. Thomas will determine your financial aid eligibility and send you a Notification of Award once all requested information has been received and processed. This notification will list the types of aid programs and the amounts for which you qualify.

Undergraduate Admissions

Graduate Admissions

Graduate Financial Aid