Student financial assistance programs are awarded under the following general guidelines:

• University of Saint Francis funds are awarded to students who are enrolled full time. Individual funds may be restricted to use for tuition and fee expenses only.
• Students who have completed a bachelor's degree are not eligible to receive funds designated as undergraduate federal, state or institutional funding.
• University of Saint Francis funds are limited to eight semesters of use. Transfer students will be evaluated as necessary.
• Financial aid packages are awarded for one year only. Students must meet renewable criteria and complete the FAFSA for each year they wish to attend the University of Saint Francis. The university has a priority deadline for institutional funding of March 10th. The university will award funds to students completing the FAFSA after the March 10th deadline as funds are available. For eligibility of State of Indiana Funds the FAFSA must be received by March 10th.
• Students must have a completed FAFSA on file along with additional requested documents prior to the end of the enrollment period. If the student does not meet the above requirements, the aid will be forfeited.
• Financial aid is calculated on the number of credit hours a student is enrolled.
• Financial aid awards may be reviewed and adjusted at any time during the academic year. All awards are contingent upon student eligibility, program regulations and availability of funds. Awards may be adjusted based on the following:
  • Students are required to report to the Office of Financial Aid the receipt of any additional funding received from outside sources.
  • Students who request review of their financial situation will be required to submit additional documentation. Financial aid awards will be adjusted based on professional judgment policies.
  • Students who receive total awards which exceed their cost of attendance or tuition and fee expenses based on criteria set out in the award will be adjusted to meet federal, state and institutional guidelines and regulations.

Additional Information on Financial Aid from the U.S Department of Education