A college education remains one of the wisest investments you can make in your future. It is also one of the most significant financial investments you will make in your lifetime; an investment that will pay dividends for years to come.
As you think about the cost of going to college, you are advised to consider more than just the "price tag" of a given college experience; you need to consider its "value." Value is determined in a number of ways but may include things like: access to faculty, small class sizes, job outlook for graduates, social and spiritual growth, internship opportunities, location and more.
There are a variety of ways to finance your education. Don't assume that just because your family has a certain income you aren't eligible for financial aid. Do assume that the University of St. Thomas is interested in helping qualified and talented students to enroll. To that end, many factors are used to determine your financial aid package. Most students are awarded a combination of scholarships, grants, campus work and loans.
Use our Net Price Calculator to get an estimate of your financial aid and net costs. This calculator is intended to provide an estimate for those students seeking admission as regular, undergraduate, degree-seeking students who plan to enroll in the fall of 2014. Also, students must be U.S. citizens or eligible non-citizens to qualify for federal, state or institutional financial aid.
This estimate does not represent a final determination or actual award of financial assistance or a final net price. It is an estimate based on the limited information you provided in the calculator, the cost of attendance for the 2015-2016 academic year and the financial aid provided to students in the same year. Students must complete the Free Application for Federal Student Aid (FAFSA) in order to be eligible for, and receive, an actual financial aid award that includes federal grant, loan or work-study assistance. Factors such as student income, untaxed income, student and parent assets, cash and savings and taxes paid are used when determining actual financial aid eligibility.
You are encouraged to work through the entire financial aid and scholarship process to be certain you know what your final net price may be. Why? The net price calculator produces an estimate not a final award. Financial aid has many nuances that a net price calculator cannot capture. Family financial circumstances, financial aid programs, costs and scholarships fluctuate. A net price calculator cannot determine other funds for which you may be eligible. For example: St. Thomas has competitive scholarship programs and departmental scholarships that are annually awarded to students. Your interest, eligibility and the likelihood of earning such funds cannot be captured by the net price calculator.
Please note that more than 90% of full-time, first-time students receive gift aid at St. Thomas.
You are encouraged to:
The estimated total annual cost to attend St. Thomas is $48,400 . This number includes both direct expenses (those items for which you'll be billed) and indirect expenses (estimated costs incurred in college that are not directly billed to you).
Based on the data you shared in our net price calculator, we are pleased to award you [$14,100]. This represents a combination of UST gift aid and if applicable, federal and state grant aid. These are projected to be renewable awards, assuming your household financial situation remains the same from year to year. Subtracting your gift aid (scholarships and grants) reduces your cost to .
When student loans and student employment for which you're eligible are included (a total of [$8000]) your final net price is [$19,500].
Complete the form above to estimate your net price.
Tuition and Fees
+Room and Meals
+Estimated Books and Supplies
+Other Estimated Costs
Other estimated costs will not appear on your bill and include things like personal expenses (shampoo, pizza, etc.), books, supplies and transportation. These are costs that you control that vary from student to student.
=Total Estimated Costs
-Gift aid from all sources (UST, Federal and the state of Minnesota, if applicable)
=Final Net Price
St. Thomas offers a payment plan through our Business Office. Participating in a payment plan will make it easier for you to manage your college costs.
What you have been given is an estimate and only as good as the numbers you’ve shared. This estimate does not take into consideration any of the following which may result in additional financial aid:
Special Circumstances: Students and parents often have unique or special circumstances that influence their ability to pay for college. Examples include things like: unusual or unreimbursed medical expenses, loss of job or income, private elementary or secondary tuition paid, etc. At St. Thomas, we work with families to consider their special circumstances which often results in additional financial aid. Talk to your financial aid counselor about your situation and options by calling 651-962-6550 or 800-328-6819 x2-6550.
Competitive Scholarship Programs: The University of St. Thomas has a significant number of competitive scholarship programs. Check out our website to discover the details about those opportunities or contact your financial aid counselor to discuss scholarship opportunities that may be right for you.
Outside or Local Scholarships: You are encouraged to pursue local or regional scholarships. Contact your guidance counselor, place(s) of employment, church, service organizations with which you’re affiliated and/or consult scholarship search engines (like Fastweb) to pursue scholarships. At St. Thomas, dollars you earn in outside scholarships go directly to help you pay your bill – we do not reduce our scholarships based on outside dollars you earn.
Student Employment: At St. Thomas, all students regardless of their financial need are eligible to work on campus. Student employment is a good way of earning money to help pay college expenses.
Private Loans: In addition to federal loans, scholarships and grants, and student employment, students and parents may wish to pursue private loans to help finance a St. Thomas education.
If you would like to discuss the details of your Net Price Calculator results with a financial aid counselor, please verify that the information below is correct and click send. A counselor will review your information and contact you as soon as possible.
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