Making Your Education Accessible and Affordable
A college education is a major investment, but it is one that pays lifelong dividends. At Saint Mary’s University of Minnesota, we are committed to making that investment accessible and affordable. We believe your future is worth it.
Approximately 97 percent of all undergraduates at Saint Mary’s receive some form of financial aid. Every family is unique. Assembling the right mix of financial aid options for you will help you feel confident in the investment you make in your education.
Saint Mary’s offers both need-based aid, for families with demonstrated financial need, and merit scholarships, which reward a student’s academic success, achievements, talents, community contributions, and leadership. Your counselor can help determine your eligibility. If you are an active-duty service member, reservist, veteran, or a family member of someone who has served, we encourage you to reach out to our Office of Military and Veterans Services for financial aid options unique to your situation.
Learn more about how loans, grants, and work-study all contribute to reducing the cost of a college education.
Types of Financial Aid
There are three types of federal financial aid to help you pay for college:
- Scholarships and grants, which do not have to be repaid
- Loans, most offered at low interest rates with repayment deferred until after graduation
- Work-study, which can provide student employment income right on campus
The FAFSA: Your First Step Towards Financial Aid
The Free Application for Federal Student Aid, or FAFSA, is a simple form that helps schools calculate financial aid awards to students. At Saint Mary's University of Minnesota, we're committed to offering a high quality education that is affordable to all students. Watch the videos below to learn more about financial aid at Saint Mary's, common questions about the FAFSA, and how to submit your FAFSA.