Monarch Money

Students on campus that have a credit balance on their financial aid account and that are Pell Grant recipients are eligible to receive a book voucher to pay for text book expenses.

Monarch Money is a form of cash advance. A student may request funds (up to $600) which are then credited to his or her student ID and billed to their student account. It is a student’s responsibility to pay back these funds. If financial aid is available, it may be used to cover a student’s Monarch Money charge. If a student does not have enough financial aid to cover their Monarch Money request, it is his/her responsibility to repay the funds out of pocket. Monarch Money charges are due at the same time tuition is due.

Students can use Monarch Money for purchases at the campus bookstore and also to purchase meals in the dining hall and the Lion’s Lair. Students using Monarch Money should note that funds are limited to use on campus and cannot be redeemed for cash.

Monarch Money funds may be requested through Trane Stop. Please contact Trane Stop directly to discuss billing and payment questions at 352-588-7496 or tranestop@saintleo.edu.