Student Loans for University of St. Thomas Students
About University of St. Thomas Student Loans
Located in the Twin Cities of Minneapolis and St. Paul, the University of St. Thomas is a Catholic university home to about 6,500 undergraduates. Named for St. Thomas Aquinas, the university is rooted in the Catholic faith and has ties to the Vatican: for those inclined to study abroad, the University has a campus on the west bank of the Tiber River in Rome, and has a relationship with the Holy See. For those who are less religiously interested, the University still has lots to offer; it’s located in two vibrant cities, and is a member of the Associated Colleges of the Twin Cities, a consortium consisting of Hamline University, the College of St. Catherine, Augsburg College, and Macalester College.
Urban living is always relatively more expensive, and that is certainly something to keep in mind when living in Minneapolis and St. Paul. Being a college student automatically means you’re not supposed to be living in the lap of luxury; if you’re receiving University of St. Thomas financial aid, that’s further reason to be judicious with your spending. Coming up with a reasonable budget isn’t hard, especially not if you follow this one simple rule: if you don’t need it, don’t buy it. As with all rules, there are occasionally times where breaking it is appropriate, but keep that to a minimum.
Applying for University of St. Thomas Financial Aid
Students applying for University of St. Thomas financial aid must submit the Free Application for Federal Student Aid, also known as the FAFSA. The FAFSA is the staple of all financial aid forms, is required for those who seek to receive federal aid, and is used to determine eligibility for institutional aid as well. Fortunately for you, we have a FAFSA coach that can guide you through the process of filing this form—check it out. Once you’ve submitted the FAFSA, your financial aid application process is complete, and you’ll hear back from the St. Thomas aid office shortly thereafter.
University of St. Thomas Financial Aid packages
The folks in financial aid at the University of St. Thomas do their best to spread the financial love around, as 99% of all students there receive some form of financial aid. However, more than half of all students have federal student loans, and 14% of the student body has private student loans. If you’re in a position where your financial aid award is not sufficient to cover the cost of attendance, turn to federal loans first to bridge the financial gap. If you cannot obtain sufficient funding from federal student loans, use our student loan comparison tool to find sufficient funding from private student loans.
International students interested in St. Thomas financial aid must, after applying for admission, fill out the scholarship application form which is available on the university website. The scholarship application needs to be accompanied with a recommendation letter from a former instructor or institution administrator and a one page essay explaining why the student needs a scholarship. Prospective international students need to make sure they apply before the appointed deadline. The St. Thomas financial aid program does not offer much more in the way of funding to international students outside of these scholarships, so if you will need substantial funding, consider outside sources of aid, such as private student loans.
What should I include in my cost of attendance (COA) estimate when applying for University of St. Thomas financial aid?
Students looking to apply for University of St. Thomas financial aid need to consider a few things for their COA estimate. Students are required to include tuition, room and board, books, supplies, travel expenses, and miscellaneous fees in their COA, making it a sort of umbrella for all college-related expenses. A detailed breakdown of these costs is available on the University of St. Thomas financial aid webpage.
Pay for University of Saint Thomas*
|Total Avg. Cost||$41,100|
|Room & Board||$7,700|
|Financial Aid Information|
|Students Receiving Fin Aid||99%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$12,204|
|%Receiving Other Loans||16%|
Get into University of Saint Thomas
Contact University of Saint Thomas
|2115 Summit Ave
Saint Paul, MN 55105-1078(651) 962-5000
|Financial Aid Office URL|
|Admissions Office URL|
*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics