Types of Aid

Financial Aid is available from a variety of sources and can help with expenses for undergraduate, graduate, and professional education. Learn more about the types of Financial Aid available to students in the sections that follow.

 

Grants

Grants are often called “gift aid” because they are free money. They are need-based and do not have to be repaid.

State

Florida Resident Access Grant (FRAG)

This program is a non-need based grant funded by the State of Florida. The FRAG provides tuition assistance to full-time (12 credits or more per semester) students from Florida attending private, independent colleges and universities located in the state. A student must be a permanent resident of Florida (for other than educational purposes) for at least 12 consecutive months prior to the semester of enrollment. Dependent student’s eligibility is based on a parent’s Florida residency requirement. This program provides approximately $3,000 per academic year, subject to state budget appropriations.

Florida Student Assistance Grant (FSAG)

The FSAG is a need-based grant funded by the State of Florida. Students must complete the Free Application for Federal Student Aid (FAFSA) to be considered for the FSAG. These funds are limited; students eligible for the FSAG have the right to be considered as long as funds are available. Priority is given to students who apply prior to the priority deadline of April 1st. This grant provides approximately $1,500 per academic year to full-time students (12 credits or more per semester), subject to state budget appropriations.

Florida Bright Futures Scholarship Program

Florida students who have earned a Florida Bright Futures Scholarship can utilize these funds at St. Thomas University. The amount is determined by the type of scholarship earned and is equal to a fixed cost per credit hour. At St. Thomas University the actual award amount will be pro-rated based on 15 credits enrollment status each semester. Award amount for the Florida Academic Scholar is $103 per credit and award amount for Florida Medallion Scholar is $77 per credit.

Florida Pre-Paid College Program

This program was designed initially for use at Florida public colleges and universities, these funds can be applied toward expenses at St. Thomas University. For further information please contact the Florida College Pre-Paid program at 800-552-4723 or visit their web site at http://www.florida529plans.com/prepaid/index.html

Other Florida State Scholarships

For more State of Florida Scholarship information please visit the following websites:

State Grant Programs Outside Florida

Students who are not Florida residents should contact their State Department of Education. Some states provide transferable state grants to students who qualify, based on financial need. Out-of-state students can use these grants to attend a college or university outside of their state. Students should contact their State Department of Education for further details, application procedures, and deadlines.


Federal

Federal Pell Grant

A need-based grant for undergraduate students seeking their first bachelor degree. Pell Grants may vary per year. Pell Grants may vary from $588-$5,775 per year. The actual amount will be pro-rated based on the student’s actual enrollment status each semester.

Federal Supplemental Educational Opportunity Grant (FSEOG)

A need-based grant funded by the Federal Government and available on a limited basis to eligible undergraduate students. Priority is given to students with the greatest financial need. You must enroll at least half-time to receive this grant. This grant provides approximately $1,200 to Pell eligible students. Part-time award is 600/year.

Federal Work Study Program

Need-based program funded by the Federal Government to provide part-time employment opportunities to eligible undergraduate students to assist with educational expenses while gaining valuable work experience. Federal Work Study students can work up to 15 hours per week in a variety of jobs on campus. You must enroll at least half time to participate in the Federal Work Study program. Priority is given to students who apply prior to the priority deadline of April 1st.
Learn more about Work Study

Additional Federal Grants Information

For more information on Federal grants please visit the U.S. Department of Education Federal Student Aid.

 

Scholarships

University Scholarships

Admissions Merit Based Scholarships & Renewal Criteria - scholarships ranging from $5,500 to $16,500

NOTE: Beginning Fall 2015 all institutional scholarships are to be evaluated for SAP (based on each scholarship criteria) at the end of every term. The student may receive the award for one term on a probationary basis. Students who fall below CUM GPA will be able to receive the award for one additional term on a probationary basis. Students who fail to meet Term GPA at the end of the probation will lose the award and will NOT regain eligibility even if GPA is improved after the award had been revoked. For students who meet the Term GPA at the end of a probation period but CUM GPA is still below, may continue to receive the award on a probationary basis.

Academy of Finance Scholarship

Student must be a member of their high school's Academy of Finance. Must be accepted to the School of Business, have a cumulative 2.75 GPA and 970 SAT or 20 ACT unweighted score. Scholarship is renewable for the 4-year program duration as long as the student maintains a 2.75 GPA.

Academy for Tourism Scholarship

Student must have completed the Dade County School Board-sponsored Academy of Tourism Program, and must enroll directly to St. Thomas from high school. Award level will vary and you must maintain a minimum 2.75 cumulative GPA to maintain eligibility.

Archdiocese Waiver

Awards are based on academic achievement and aptitude. Undergraduates must be full-time students and maintain a 2.75 cumulative GPA at St. Thomas University.

Athletic Scholarships

Awarding of these scholarships are determined by the Athletic Department, based on athletic skill and financial need. Must be full-time students and maintain a 2.0 cumulative GPA at St. Thomas University.

Deans Awards

Scholarships are based on academic achievement and aptitude. Undergraduates must be full-time students and have a 2.75 cumulative GPA at St. Thomas University. Scholarship is renewable for three successive years as long as the student maintains a 2.75 GPA. Amounts are awarded and determined by the Admissions Committee. Award amount may vary from $10,000-$11,000.

Dual Enrollment

Awards are based on academic achievement and aptitude. Undergraduates must be full-time students and maintain a 2.75 cumulative GPA at St. Thomas University.

Hugh Adams Scholarship

Awarded to a Broward Community College graduate who earned an AA degree with a minimum 3.50 GPA, who completed the Honors Program at BCC, and who has been admitted to the St. Thomas Honors Program. This is a two years award provided the student makes satisfactory academic progress toward completing the Honors Program requirements. Award level will vary.

International Student Award

Available to international students admitted for full-time study. The award is renewable is for three successive academic years provided the student maintains a 2.75 cumulative GPA. Amounts are awarded and determined by the Admissions Committee. Award amount may vary from $7,000-$14,500.

Miami-Dade College Inter-American Scholarship

Student must be a graduate of Miami Dade College Inter-American Campus with an AA degree, must have 3.50 GPA, have completed the Honors Program at MDCC and be admitted to St. Thomas University Honors Program. Award determined by the President of Miami Dade College. This is a two years award provided the student makes satisfactory progress toward completing the Honors Program requirements. Award level will vary.

Presidential Scholarships

Awards are based on academic achievement and aptitude. Undergraduates must be full-time students and maintain a 2.75 cumulative GPA at St. Thomas University. Scholarship is renewable for three successive years. Amounts are awarded and determined by the Admissions Committee. Award amount may vary from $11,500-$16,500.

R. Robert McCabe Scholarship

Student must be a graduate of Miami Dade College (North or South Campus) with an AA degree, must have a 3.50 GPA, have completed the Honors Program at MDCC and be admitted to St. Thomas University Honors Program. Award determined by the President of Miami Dade College. This is a two years award provided the student makes satisfactory progress toward completing the Honors Program requirements. Award level will vary.

STEM

Awards are based on academic achievement and aptitude. Undergraduates must be full-time students and maintain a 3.25 cumulative GPA at St. Thomas University. Award amount may vary up to $5,000.

St. Thomas University Honor Scholarship

Students must be selected by the St. Thomas University Scholarship Committee, have and maintain a 3.50 cumulative GPA and have received a minimum of 28 on the ACT or 1100 on the SAT.

Transfer Assistance Award

Available to transfer students with minimum of 30 credit hours from accredited two (2) or four (4) year institutions. Scholarships are renewable up to two successive years and are based on full-time study and maintaining a 2.75 cumulative GPA. Award amount may vary from $7,500-$11,500.

University Award

Available to incoming students based on GPA and/or standardized test scores. Undergraduate students must be full-time and maintain a 2.75 cumulative GPA. This scholarship is renewable for three successive years. Award amount may vary from $5,000-$9,500.

Vision 2000 Scholarship

Available to graduates of Catholic high schools that enroll directly to St. Thomas from high school. Renewal is for three successive academic years providing the student maintains full time enrollment and maintain a minimum 2.75 cumulative GPA. Award amount may vary from $11,500-$16,500.


Note: Unless otherwise specified, the above scholarships are intended for undergraduate students only. St. Thomas University reserves the right to review and adjust original financial aid award packages, including university funded scholarships and/or grants should you receive additional funding from federal, state and private sources (e.g. FSEOG, FRAG, FSAG, Florida Bright Futures Program, etc.) that exceed the cost of tuition and dormitory fees (if applicable). All institutional aid is intended for full-time enrollment for Fall and Spring semesters only. Recipients of multiple institutional awards including tuition discounts are eligible to receive the highest individual award only.


Outside Scholarships

Organized by deadline

Shirt-Space's 2.5K scholarship program - Deadline: November 24, 2016
2016 Deputy Scholarship for Women - Deadline: November 30, 2016
3,000 Scholarship for University Students - Deadline: November 30, 2016
Consumer Remarks Essay Writing Scholarship - Deadline: November 30, 2016
Hitched (The wedding website) Scholarship - Deadline: November 30, 2016
Mark Ramsey Curiosity Scholarship - Deadline: November 30, 2016
Omorfio Scholarship - Deadline: November 30, 2016
The Rapid seed box Scholarship - Deadline: November 30, 2016
The RC State Scholarship - Deadline: November 30, 2016
Sixt Scholars Program - Deadline: November 30, 2016
HostGator.Com Scholarship - Deadline: November 30, 2016
American Classic Homes Scholarship - Deadline: December 1, 2016
Annual Upgraded Points Student Scholarship - Deadline: December 1, 2016
Burning Tree Academic Excellence - Deadline: December 1, 2016
The Chameleon John Scholarship - Deadline: December 1, 2016
Citrix Sharefile Scholarship - Deadline: December 1, 2016
Closetbox Entrepreneur Scholarship - Deadline: December 1, 2016
Dronethusiast.com Scholarship Program - Deadline: December 1, 2016
Einstein Academic Scholarship - Deadline: December 1, 2016
Tanzania Odyssey Scholarship (NEW) - Deadline: December 1, 2016
Decker Sports Velocity Scholarship - Deadline: December 10, 2016
Law Office of Randy Collins Scholarship - Deadline: December 10, 2016
Best Book Light Scholarship - Deadline: December 12, 2016
Foot Cream Center’s Dr. Gregory T. Amarantos Scholarship - Deadline: December 12, 2016
Girls With Natural Hair Scholarship - Deadline: December 12, 2016
2016 Joseph Tully Students for Integrity in the Criminal Justice System Scholarship - Deadline: December 15, 2016
Advanced Prevention Lawsuit Legal Scholarship - Deadline: December 15, 2016
Berbay Scholarship - Deadline: December 15, 2016
Colonial Ghosts Marketing Scholarship - Deadline: December 15, 2016
Dwayne Graves Online Entrepreneur Scholarship - Deadline: December 15, 2016
Hikers On Run Scholarships - Deadline: December 15, 2016
Jacoby & Meyers Scholarship - Deadline: December 15, 2016
Online Resume Builders Scholarship - Deadline: December 15, 2016
More In - Deadline: December 15, 2016
NOLA Ghosts Scholarship - Deadline: December 15, 2016
Nootie “I love dogs” Scholarship - Deadline: December 15, 2016
Nutrition Inspector Scholarship - Deadline: December 15, 2016
Study Pug Scholarship - Deadline: December 15, 2016
Ticket Help Scholarship - Deadline: December 15, 2016
Worthy Woman Professional Studies Scholarship - Deadline: December 15, 2016
Invest Maniacs Scholarship Program - Deadline: December 20, 2016
The Lead Roster Scholarship - Deadline: December 20, 2016
The Publicity.ai SEO & Content Marketing Scholarship - Deadline: December 20, 2016
Zion TV Jeep Tours Scholarship - Deadline: December 20, 2016
BrazilianHairNew.com Scholarship - Deadline: December 28, 2016
SpearGearStore Scholarship - Deadline: December 29, 2016
The Animal Compassion Undergraduate Scholarship - Deadline: December 30, 2016
Candere Scholarship - Deadline: December 30, 2016
Girlterest Scholarship - Deadline: December 30, 2016
SupplementsBit Scholarship - Deadline: December 30, 2016
The CC Bank Young Scholars Scholarship - Deadline: December 31, 2016
CuraDebt Scholarship - Deadline: December 31, 2016
The Cyclist Law Scholarship - Deadline: December 31, 2016
Driving-Tests.org Scholarship - Deadline: December 31, 2016
Growing Generation’s Annual Scholarship - Deadline: December 31, 2016
Golf Guide Scholarship - Deadline: December 31, 2016
Healthy But Smart Annual Scholarship - Deadline: December 31, 2016
Lawntrepreneur Scholarship - Deadline: August 20th (Fall) December 31st (Spring)
The May Firm “Don’t Drive Don’t Text” Scholarship - Deadline: December 31, 2016
My Sweet Puppy - Deadline: December 31, 2016
New York Hip and Knee Scholarship - Deadline: December 31, 2016
Stephenkale Scholarship Program - Deadline: December 31, 2016
Tobi Cares Scholarship - Deadline: December 31, 2016
ToolVersed marketing Scholarship - Deadline: December 31, 2016
St. Louis Lawyer Kenneth P. Carp - Deadline: December 31, 2016
Men's Wedding Bands Scholarship - Deadline: December 31, 2016
Strianese PLLC Law Scholarship - Deadline: December 31, 2016
The Zebra: Florida Tour Guide Scholarship - Deadline: December 31, 2016
Southwesternrugsdepot.com Scholarship - Deadline: January 2, 2017
Smart Spender Scholarship - Deadline: January 9, 2017
Arizona Property Management Scholarship - Deadline: January 15, 2017
Senior Advice.Com Scholarship - Deadline: January 15, 2017
SeniorAdvice.com Senior Caregiver Scholarship - Deadline: January 15, 2017
Adze Ybrant Scholarship - Deadline: January 21, 2017
Binary Auctions Scholarship - Deadline: January 25, 2017
The Mortgage Reports: Business Leaders of Tomorrow Scholarship - Deadline: January 29, 2017
ElectricSmokerZone.com Scholarship - Deadline: January 31, 2017
Hitting the Golf Ball Sports Scholarship - Deadline: January 31, 2017
Sleepy Deep Scholarship - Deadline: January 31, 2017
USAttorneys.com Scholarship - Deadline: February 1, 2017
AlcoRegab Scholarship - Deadline: February 1, 2017
The Phoneholder.Co. Scholarship - Deadline: February 15, 2017
Pet Care Paul Scholarship Deadline - Deadline: February 20, 2017
Go Kart Racing Safety Scholarship - Deadline: February 24, 2017
Study-Without-Borders Scholarship - Deadline: February 24, 2017
Abodo: I Heart My School Scholarship - Deadline: February 28, 2017
The Compression Info Scholarship - Deadline: February 28, 2017
Cyberbullying Prevention for Teens Scholarship - Deadline: February 28, 2017
Penetric Scholarships - Deadline: February 28, 2017
CGTrader Scholarships - Deadline: March 1, 2017
TheRybakFirm Scholarship - Deadline: March 15, 2017
PottyHQ Scholarship - Deadline: March 17, 2017
Aquant Scholarship Program - Deadline: March 31, 2017
Howtostartblog.com Scholarship - Deadline: March 31, 2017
SuretyBonds.com - Deadline: March 31, 2017
Bluehost Internet in Education Scholarship - Deadline: April 1, 2017
The InvestmentZen Scholarship - Deadline: April 1, 2017
The unique Builders & Development “Vision and Dreams” Scholarship - Deadline: April 1, 2017
21 bottle.com Scholarship - Deadline: April 15, 2017
A Place for Mom 2017 Scholarship - Deadline: April 15, 2017
LendEDU Scholarship - Deadline: April 15, 2017
17 Oxen Scholarship - Deadline: April 30, 2017
Runner Click Scholarship - Deadline: April 30, 2017
Venture Reports 2017 Volunteer Scholarship - Deadline: April 30, 2017
Headphone Selection Annual Scholarship - Deadline: May 1, 2017
Application.Careers Scholarship - Deadline: May 15, 2017
Careers’ Second- Session Scholarship - Deadline: May 15, 2017
Maven Scholarship - Deadline: May 15, 2017
Music Skanner Scholarship - Deadline: May 15, 2017
On the Gas Scholarship - Deadline: May 15, 2017
Emily Woodward Scholarship - Deadline: May 17, 2017
Best Ear Buds Scholarship - Deadline: May 18, 2017
Italissimmo Scholarship - Deadline: May 30, 2017
Small Business Web Hosting Scholarship - Deadline: May 30, 2017
Wood Workers Shoppe Scholarship - Deadline: May 30, 2017
The Peck law Firm Scholarship Program - Deadline: May 31, 2017
Job Application Scholarship - Deadline: May 31, 2017
Tractor Joe Scholarship - Deadline: June 1, 2017
Miami Future Attorneys Scholarships - Deadline: June 1, 2017
Counter Culturist Awakening Young Minds Scholarship - Deadline: June 10, 2017
CNA Training Scholarship - Deadline: June 15, 2017
IDigic Scholarships - Deadline: June 15, 2017
Laser Spine Institute Scholarship - Deadline: June 15, 2017
Walk In Showers Digital Marketing Scholarship - Deadline: June 28, 2017
Big Sun Scholarship - Deadline: June 29, 2017
Batsfinder.com Scholarship - Deadline: June 30, 2017
Best Juicer Zone (Healthy Life Scholarship) - Deadline: June 30, 2017
AirToolsGuide Scholarship - Deadline: June 31, 2017
Renegade Works Annual Innovation Scholarship - Deadline: July 1, 2017
eRowz Scholarship - Deadline: July 30, 2017
Jamaica Travel Saver Scholarship - Deadline: July 30, 2017
Official Coupon Code – Future Leaders Scholarship - Deadline: July 31, 2017
Come2OrderDC Scholarship - Deadline: August 1, 2017
YourMesotheliomaLawFirm.com - Deadline: August 1, 2017
Anton Family Law Group Scholarship - Deadline: August 15, 2017
Charles J. Argento Scholarship - Deadline: August 15, 2017
Hackard Law Scholarship - Deadline: August 15, 2017
Law Office of Jon Friedman - Deadline: August 15, 2017
Christensen and Hymas Scholarship - Deadline: August 17, 2017
Jacki Tuckfield Memorial Graduate Business Scholarship - Deadline: Summer 2017
Formbirds.com Scholarship - Deadline: September 15, 2017
A FrostingTips.com Scholarship - Deadline: September 15, 2017
Custom-Writing.org Scholarship - Deadline: December 10, 2017
Parentinn Cyberbullying Prevention Scholarship - Deadline: December 28, 2017
Affordable Medical Scholarship - Deadline: December 31, 2017
Bay Alarm Medical Scholarships - Deadline: December 31, 2017
College Scholarships.org - Deadline: Deadline Varies
Diabetes Council Scholarships - Deadline: Deadline Varies
The HOTH SEO Scholarship Program - Deadline: Deadline Varies
MoneyGeek Scholarship Programs - Deadline: Deadline Varies
Protein Daily Sports Nutrition Scholarship - Deadline: Deadline Varies
Scholarship for Minority Students - Deadline: Deadline Varies
UNCF Scholarships - Deadline: Varies

 

Loans

Federal Direct Loans

The William D. Ford Loan Program offers Stafford Loans to students who need help paying for their educational expenses. Although many students rely on low-cost Stafford loans to help pay education expenses, you are under no obligation to borrow. Unlike scholarships and grants, educational loans must be repaid with interest (when applicable). Never borrow before you have exhausted all other sources of financial aid. More information about loans.

Direct Subsidized Stafford Loan (Undergraduate Students Only)

A need-based long-term loan administered by the U.S. Department of Education. Eligibility is determined by the information provided on the Free Application for Federal Student Aid (FAFSA) and the schools total cost of attendance minus all other aid received.

Direct Unsubsidized Stafford Loan

A long-term loan administered by the U.S. Department of Education. Eligibility is determined by the information provided on the Free Application for Federal Student Aid (FAFSA) and the schools total cost of attendance minus all other aid received.

Federal Direct PLUS Loan for Parents of Dependent Undergraduate Students

The Direct PLUS Loan is for Parents of Dependent Undergraduate students, is a low-interest, government guaranteed loan available to parents of dependent undergraduate students. This is a non-need based loan for those who do not have an adverse credit history.

Federal Direct PLUS Loan for Graduate/Professional Students

The Direct PLUS Loan for Graduate/Professional Students is a long-term, low-interest loan for Graduate and Professional Students, not their parents. This is a non-need based loan for those who do not have an adverse credit history. Borrowers may borrow up to the total cost of attendance minus other financial aid received. Borrowers must apply for the maximum eligibility under the Direct Stafford Loan Program prior to applying for Direct PLUS Loan for Graduate/Professional Students.


Other Types of Loans

Federal Perkins Loan

A long-term low interest loan made to eligible undergraduate students demonstrating exceptional financial need. Awards are contingent upon the availability of funds and the amount of other financial assistance received. The interest rate and repayment begins 9 months after graduation, separation from the University, or enrollment status drops below half-time enrollment. You must be enrolled at least half-time to receive this loan. Please be aware that St. Thomas University has been notified by the U.S. Department of Education that the Federal Perkins Loan will only be extended through September 30, 2017. No additional loans will be available after this date. For more information regarding the Federal Perkins Loan, click here

Private Alternative Loan

Alternative loans are available through commercial lenders for educational costs during periods of enrollment. They are based on credit-worthiness (meaning that the lender will do a credit check). We recommend that students request a copy of their credit report to check for accuracy and that all valid credit problems are addressed before applying for an alternative loan. We strongly suggest that students submit a FAFSA and seek federal loan assistance before attempting to participate in any alternative loan programs. To compare lender benefits and apply for a Private Loan, click here.

ATTENTION: Please be sure to use our school code 001468 when applying for a Private Loan.

Private Education Loan Applicant Self-Certification

Bar Study Loans

Bar study loans are post-enrollment educational loans specifically designed for law students. They assist with bar application costs and living expenses during the period the student is studying for the Bar. These loans are not need based and require credit worthiness. Students are not eligible to apply until they are in their final year of study and lenders may require the Financial Aid Office to certify students' graduation date. Students may borrow with the lender of their choice. Bar study loans should be submitted directly to your lender. We certify loan applications after your lender has processed and approved your request. You may use our Bar Study Loans Comparison chart (here) as an aid in selecting a lender for your Bar Study Loan. Additional information is available here.