Undergraduate Financial Aid

You may request that your loan be reduced or cancelled through the Financial Aid Office at Saint Francis University within 30 days* of the loan being posted to your student account.

Please note if you completely cancel a disbursement of a loan, any pending disbursements will automatically be cancelled. If you request a loan with more than one disbursement to be reduced and no disbursements have yet been made, the disbursements will be evenly reduced. All requests must be in writing and include the following information:

• Direct Student, Direct Graduate PLUS, and Private Educational Alternative Loans — Student must make request, not parent. Please include your name, your SFU ID Number, and the amount you want the loan reduced to or cancelled.
• Direct PLUS Loans — Parent borrower must make request, not student. Please include parent borrower's name, the student's name, the student's SFU ID Number, and the amount you want the loan reduced to or cancelled.
• Perkins Loans — Student must make request, not parent. Please include your name, your SFU ID Number. 
  
  *Please note – any loan not returned within 30 days will be the responsibility of the borrower to return to their loan servicer directly

Yes, if the Master Promissory Note you received has information concerning Saint Francis University. No, if the Master Promissory Note does not contain information concerning Saint Francis University.

You must complete a waiver or enrollment form via the internet, mail, or fax.  Enroll or waive the insurance coverage using your unique ID and password received in a mailing from Hulse/QM, or go to www.hulseqm.com/myinsurance and follow the instructions provided. If you do not have your unique ID and password, call 800-273-1715. Please be aware no proof of insurance waiver forms will be accepted after the 20th business day of each semester and you will be responsible for the cost of the health insurance.

To be eligible for federal and institutional financial aid,students at Saint Francis University must be making satisfactory academic progress towards their degree as defined below. Federal student aid includes Federal PELL Grant, Federal Perkins Loan,Federal Work-Study Program, Federal Supplemental Educational Opportunity Grant, Direct Subsidized Loan, Direct Unsubsidized Stafford Loan, and Direct PLUS Loan.

More information found HERE

To be eligible for tuition deferment, a letter regarding your company's tuition reimbursement policy is due at the beginning of every semester.  The letter must be on your company’s letterhead and include the student's name and the reimbursement policy of the company.  Each student will receive a billing statement at the end of the semester.  It is the responsibility of the student to give the statement to his/her employer along with his/her grade(s) for reimbursement.  Payment must be made within approximately 30 days upon completion of the course.

For more information visit our Business Office Page

If you withdraw a percentage of your Title IV aid may be required to be returned. Saint Francis University's return to Title IV (R2T4) policy is "Treatment of Title IV Aid When a Student Withdraws".

Eligibility:

In order to receive Saint Francis University Institutional Aid (Institutional merit aid, University grants, Endowed University scholarships, etc.) full-time dependent (as determined by Federal guidelines) undergraduate students are required to do one of the following:

• Live in University owned or operated housing includes Residence Halls, University owned apartments/houses/townhouses, and University operated rentals.
• Commute from primary home of parent or legal guardian as long as the home is within a 40 mile radius of the campus.
• Be registered with the university as a dependent of a current Saint Francis University employee and receiving tuition remission benefits.

Athletic Aid:

In order to receive Athletic Aid, an undergraduate or graduate student, regardless of dependency status, must reside in University housing unless approved by the Department of Athletics. 

Commuter Students:

• To be eligible for institutional aid, students who commute from the home of a parent or legal guardian or are dependents of a SFU employee and receiving tuition remission benefits must be registered with the Office of Residence Life and approved as a commuter.
• If a student chooses to live off-campus (private residence, apartment, etc.) they do so with the understanding that they will forfeit Saint Francis University institutional aid.
• If a student fraudulently reports that they are commuting from home to the Office of Residence Life and are found to be living off-campus, the University reserves the right to revoke institutional aid and disciplinary action may be taken.
• A Saint Francis University student housing contract is for two semesters. The on-campus housing policy applies to Fall and Spring semesters (Summer is excluded with the exception of Athletic contracts which are subject to their terms and conditions). 

Please see the Tuition and Fee Schedule for the correct cost and calculate your new balance.; Please contact the Office of Residence Life to process your meal or housing change. Your student billing account will be automatically updated for the beginning of the semester when the change is received and approved by the Residence Life Office.

Please mail a copy of the scholarship award letter to the Business Office and make the necessary deduction from your student bill to calculate your new balance.

Contact the Financial Aid Office at (814) 472-3010 or at finaid@francis.edu.

Refund checks will be direct deposited into a student’s bank account or placed in the students’ campus mail box or mailed home the 11th business day of the semester.