Student Loans for Saint Louis University Students
About Saint Louis University
As its name might hint at, Saint Louis University is located right in the middle of the city known as ‘the Gateway to the West.’ Founded in 1818, Saint Louis University follows the tradition of the Jesuit order of the Roman Catholic Church, and is the second-oldest Jesuit University in the country, only to be bested by Georgetown. The school has two notable firsts, both of which are a little off: it was the first university founded west of the Mississippi, and the school’s football team, the Billikens, threw the first legal forward pass in the history of American football. Leaving the old stuff behind, Saint Louis University has seen a large institutional overhaul in the past 20 years, with $840m being invested in enhancements and expansions to the university’s physical plant.
Funds received through Saint Louis University financial aid awards are not to be treated lightly; that’s just an overly serious way of saying that you should keep a close eye on your money while at school, especially if you’re receiving aid. Saint Louis can suck up some of your money if you go out into the city on a regular basis, so be careful about that. Occasional trips where you spend a little pocket change are okay, and you’ll definitely visit Del Taco and Vito’s a few times each semester, so plan for those expenses – just don’t let yourself get carried away. Cool? Cool.
Applying for Saint Louis University Financial Aid
Though it’s a private university, Saint Louis University only requires the Free Application for Federal Student Aid (FAFSA) for students who wish to receive aid funds. Simply file the FAFSA, and you’ll be good! Seriously, that’s all it takes. Check out our site to learn more about the FAFSA, and if you have any extremely detailed questions, just ask your aid counselor at the Saint Louis University financial aid office.
Saint Louis University Student Loans
The Saint Louis University financial aid program is pretty favorable to students in that the majority (63% in 2010-2011) of aid given to students came in the form of grants, while loans and work-study programs were given out in moderation (37% in 2010-2011). 58% of students at Saint Louis University take out federal student loans, and another 15% take out private student loans to supplement their aid packages. If you still need money for school after exhausting all forms of aid available to you, then consider a private student loan. You can search for and compare a huge variety of student loans for students at Saint Louis University, and directly apply for the one that’s best for you.
Yes, the Saint Louis financial aid office conducts informational workshops that are specifically designed to help students with their financial concerns. These workshops provide guidance and information on the subjects of financial aid, with discussions of everything from the different types of aid available, to pointers on how to complete the FAFSA form and the importance of COA (Cost of Attendance) estimate. The schedule for these workshops is available on the University of Saint Louis website. Students unable to attend financial workshops can also take advantage of online financial advice available on the university website.
What are the different financial aid options for students at SLU?
Students who wish to pursue higher education at SLU don’t need to worry about affordability and high costs, as SLU financial aid helps students pay down all kinds of education costs. The different aid options include loans, grants, work-study, and scholarships.
Pay for Saint Louis University*
|Total Avg. Cost||$48,460|
|Room & Board||$9,674|
|Financial Aid Information|
|Students Receiving Fin Aid||91%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$14,917|
|%Receiving Other Loans||11%|
Get into Saint Louis University
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics
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