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Funding your education, simplified.

Paying for college is a big step, but you don’t have to take it alone. At Saint Mary’s University of Minnesota, our financial aid team is here to help make your education possible.

From your first application to your final semester, we’re committed to guiding you every step of the way — so you can focus on your future, not just the finances.

Saint Mary’s Merit Scholarships

 

100%

Admitted students receive Merit Scholarships

$25,500

Minimum awarded the first year

$120,000

Max awarded over 4 years

First things first

The first and most important step is to fill out the Free Application for Federal Student Aid (FAFSA). This sets everything in motion.

Go to: studentaid.gov
School code: 002380
Submit FAFSA after Jan. 1

How to apply for financial aid

Saint Mary’s accepts applications year-round — you’re welcome to apply as early as the summer before your senior year of high school. Apply at smumn.edu/apply or through the Common App at apply.commonapp.org.

Complete the Free Application for Federal Student Aid (FAFSA) Fill out the Free Application for Federal Student Aid (FAFSA) at studentaid.gov to be considered for need-based aid from both Saint Mary’s and federal/state sources. 

  • Use Saint Mary’s Federal School Code: 002380. 
  • Make sure we have your Social Security Number on file so we can link your FAFSA when it’s received.

After you’re accepted and your FAFSA is processed, we’ll send your financial aid offer.

Our staff will guide you through your financial aid offer and answer any questions you may have.

Submitting your deposit early gives you priority access to housing and registration and lets you focus on finishing your senior year strong. While there is an official deposit deadline, committing early gives you peace of mind.

Types of financial aid

Explore the many ways you can make a Saint Mary’s education possible. Students may be offered financial aid packages — a combination of various types of aid, such as scholarships, grants, loans, and work-study

Scholarships 100% of admitted students receive a Merit Scholarship. We offer merit, academic, religious, transfer, Catholic High School, and visit scholarships. Do not have to be repaid
Grants All grants are based on financial needs determined by the FAFSA. Check out the Cardinal Promise, where you may qualify for 100% tuition coverage. Do not have to be repaid
Work Study We offer work-study opportunities right on campus, so you can gain experience, build your résumé, and get paid while you’re at it. Earn money to offset education expenses or earn spending money
Loans You can borrow funds now and delay repayment until after graduation — often a smart way to cover any remaining balance on your bill.
  • Must be repaid
  • Most offered at low interest rates 
  • Repayment deferred until after graduation
Military Benefits Veterans, their families, and ROTC members may qualify for education benefits.
  • Deferred billing
  • Generous transfer credit policies
  • Free transcript evaluations
  • Waived application fee.

 

Coming from a background where my family has struggled with money, it’s comforting knowing I’m not going to be in debt in my future,” he said. “With the Cardinal Promise, I feel supported. I feel like stress has been lifted off my shoulders.

-Diego Giles-Quiroz, Class of 2027

We're here for you.

Need help understanding your financial aid options? Start here:

View our Financial Aid Brochure (PDF) for an overview of resources and support. 

FAQ

It depends on your financial need, academic merit, and available aid. Many students combine scholarships, grants, loans, and work-study to cover their costs. Any remaining balance can be paid through monthly payment plans or alternative/private loans.

All required documents, forms, and policies are available on our Forms and Policies page. Be sure to monitor your email and student portal for important financial aid updates and deadlines.

If you or your family experience a major financial change (job loss, medical expenses, etc.), contact the Financial Aid Office. You may be able to request a professional judgment review of your FAFSA to see if additional aid is available.

Our Financial Aid Office is here to help you every step of the way. Whether you have questions about your FAFSA, need help understanding your award letter, or want to explore additional funding options, reach out to us:

  • Email: finaid@smumn.edu
  • Phone: 1-800-635-5987, ext. XXXX
  • In person: Visit us at the Student Services Office on campus
  • Office hours: Monday–Friday, 8:00 a.m.–4:30 p.m.

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Ready to take the next step?