Saint Leo University graduate students may be eligible for the
following types of aid:
For help, please contact Saint Leo's Office of Student Financial
Services at (800) 240-7658, (352) 588-7403 or firstname.lastname@example.org.
Federal student aid accounts for the largest percentage of aid
received by graduate and professional students. For information
about types of federal student aid, eligibility criteria, and
repaying student loans, and to fill out the Free Application for
Federal Student Aid (FAFSA), visit www.studentaid.ed.gov.
To find out about funding from agencies other than the
Department of Education, take a look at www.studentaid.ed.gov/othersources.
Graduate students enrolled at least half-time in a degree
program are eligible to receive federal financial aid. However,
federal grants are restricted to students enrolled in undergraduate
Federal Stafford Loan
The Federal Stafford Loan program is available to graduate
students. All eligible students may receive a Stafford Loan
regardless of financial need. Financial need is used to determine
eligibility to receive a subsidized Stafford Loan. Graduate
students do not qualify for subsidized loans, but may receive
unsubsidized loans. Interest accrues on unsubsidized loans while a
student is enrolled in school and during grace periods. When a
borrower of any Stafford Loan ceases to be enrolled on at least a
half-time basis, a six-month grace period begins; then the loan
goes into repayment on principal and interest.
The Graduate PLUS loan, or GradPLUS loan, is a low,
fixed-interest rate student loan guaranteed by the U.S. Government.
The GradPLUS loan is not need-based like other Federal aid, but is
a credit-based loan similar to a private student loan, with the
benefit of having a fixed interest rate and federal guarantee.
GradPlus loans can be used to cover the full costs of graduate
school, including reasonable living costs. You may be eligible for
a PLUS loan if you are a U.S. citizen enrolled in a graduate
program at least half time, and have minimally acceptable credit.
Students must exhaust all Stafford Loan eligibility for the
academic year before a GradPLUS loan may be processed.
This program may provide loan forgiveness for eligible Federal
Stafford Loans—if you and the school where you teach qualify. This
is a separate program requiring separate forms and processes. The
U.S. Department of Education will determine your eligibility for
this program; Saint Leo University is not responsible to verify
your eligibility for this program. Please do not base your
enrollment on this program, as it can be difficult to ensure
qualification for government programs, which are subject to reform
and funding changes.
The Department of Defense offers tuition assistance for
voluntary, off-duty education programs that support service
members' professional and personal development goals. Some branches
of the armed services have specific policies on tuition assistance
that differ from the general DoD policy. To verify your eligibility
and assess resources available, contact your military education
Montgomery GI Bill
Saint Leo University is an approved university for purposes of
Veteran's Administration funding. You can utilize your VA benefits
in Saint Leo University online programs. To assess eligibility for
benefits under the GI Bill, you may call the VA at 1 (888)
GI-BILL-1. Benefits are based on a number of considerations,
including the subject matter of your studies, your length of
military service, DoD supplements to your MGIB, and other factors.
These funds do not come to the school. They will be sent to you on
a monthly basis depending on your enrollment status. Discuss your
options of payment for your classes with your admissions
Montgomery GI Bill Top-Up
Military students enrolled under the MGIB who have been on active
duty for at least two years may elect to use part of their MGIB
benefit to "top-up" and cover tuition costs that exceed the
standard tuition assistance cap.
The nonprofit organization ThanksUSA invites all children and
spouses of military personnel to apply for one of nearly 1,000
scholarships of up to $5,000 each for college, vocational and
technical schools. Apply by May 30 to qualify. To learn more about
the scholarship and to download the application, go to www.thanksusa.org.