Financial Aid Resources

For Future Students and Families

We want you to be empowered to ask questions about the costs associated with attending college.

因为每个人的情况都是不同的——从第一代到多代,以及中间的任何地方——这个页面包含的信息我们希望你能在导航这个过程中找到有用的信息.

Questions about your financial aid letter? Contact your admissions counselor Current Students: Use Student Financial Services for Account Inquiries

FAFSA FAQ

Student in Beehive

We are dedicated to keeping your college experience affordable and accessible. 请放心,我们会紧跟这些变化,并将继续向我们现在和未来的学生提供最新信息.

FAFSA FAQ

100% Receive Financial Aid

$47.5M

awarded in aid last year

With an array of grants, scholarships, federal aid, and low-interest loans, an SAU education is affordable. 我们的财务援助顾问制定了个性化的一揽子计划,使您能够接受私立教育.

Financial Aid Resources


Federal Student Aid Programs


For detailed explanations of available federal programs click here.


Scholarship Search Resources


There are many opportunities to receive scholarships from outside sources. Here are a few websites to begin researching your options:

Next time you're on campus, check out the bulletin board outside Student Financial Services where we post flyers and applications for outside scholarships.


More Information

Contact Us

We want to put you in touch with the right person so you can get the right answers with little hassle.

看看下面的分类,看看根据你目前的大学入学阶段,你应该联系谁.

I'm interested in attending St. Ambrose: 
Contact the Admissions Office at 563-333-6300 or admissions@beleadit.com.
Our admissions staff is here to assist. 我们会帮你联系你的招生顾问,他会有很多关于录取过程的信息,并帮助你制定一个支付大学费用的计划.

I'm admitted or have enrolled to attend to St. Ambrose: 
Contact your Admissions Counselor.
你的招生顾问的名字可以在你的录取信和名片上找到. Or, if you don't remember - we understand! - you can always call 563-333-6300 and we'll look up your name and your counselor. All counselors are also listed in alpha-order with their photos on this page.

I am a current St. Ambrose student: 
Contact Student Financial Services, a help center for students and their families.
Associates in Student Financial Services can help you with student accounts, course registration and financial aid.

Admissions and Aid Deadlines

Get organized to stay on top of deadlines!

You'll receive a lot of information between the time you start your college search to making a final decision. Set aside a container – a folder, tote, or whatever is handy – to keep track of everything you receive in the mail, plus paper copies of any financial/tax information.

In your email account, create a folder to save correspondence related to the college application process. 拥有一个专门的空间——无论是物理上还是电子上——意味着你知道在哪里找东西,而且不会和其他日常信息混在一起.

下面是一个未来的大学生在入学前1-2年应该做的准备的大致时间表.

Junior Year – High School

Summer Before Junior Year:

  • Make a list of colleges to visit.

Fall:

  • Schedule a campus visit; we have virtual and on campus options available all year.
  • Follow some schools on social media where you plan to visit and/or apply. This will give you a feeling of what it's like on campus. Find SAU on Instagram, Twitter, YouTube, and Facebook.

Spring:

  • Save information from your or your parent's filed taxes. This information will be used on the FAFSA.
  • Schedule spring visits (if you didn't visit in the fall) or find a second visit option that fits your schedule.
High School – Senior Year

Summer Before Senior Year:

  • Apply to SAU. We begin admitting first-year students on September 1.

Fall:

Spring:

  • Visit SAU. Even if you've already visited, find another option like an Overnight Visit to add to your campus experience.
  • Make your final decision and commit to SAU.
  • Complete your housing contract (May).

Summer:

  • Attend an Orientation for committed students.
  • Make a checklist and begin packing.
  • Time to move in and enjoy Welcome Week!
Transfer

Future transfer students complete the Free Application for Federal Student Aid (FAFSA). If you've already completed a FAFSA, be sure to add St. Ambrose University (code: 001889). Stay on top of 2024-2025 updates on our FAFSA FAQ.

July 1:Deadline to submit your FAFSA to receive institutional aid, including the Iowa Tuition Grant.

Financial Aid Words and Terminology

你会在你的经济援助信上看到这些,所以复习或学习一些经济援助词汇和术语.  You can also visit the U.S. Department of Education's website on Understanding Financial Aid.

Academic Scholarships: These merit-based scholarships are calculated based on your unweighted GPA and, if applicable, test scores or college work if you are a transfer student. 只要你在本科学位方面取得令人满意的进展,这项奖学金每年都会自动更新你的本科学习-最多四年, achieve certain GPA requirements, and remain a full-time student.

Enrollment/Enrolled: When a student has registered to take classes.

Full-time: Enrolled in ≥12 credits per semester (undergraduate); enrolled in ≥9 credits per semester (graduate)

Part-time: Enrolled in ≤11 credits per semester (undergraduate); enrolled in ≤8 credits per semester (graduate)

Half-time: Enrolled in 6-8 credits per semester (undergraduate); enrolled in 4.5-6.5 credits per semester (graduate)

Federal Pell Grant: Awarded to undergraduate students who display exceptional financial need through the filing of the FAFSA. The maximum award is currently $7,395, determined by your EFC.

Federal Supplemental Educational Opportunity Grant (FSEOG): Additional aid awarded to Pell-eligible students with an EFC of $0.

Federal Work Study: This program provides part-time jobs for undergraduate students with financial need while they are enrolled. To qualify, you must file the FAFSA and show financial need. If you qualify, in return for working on campus you'll be awarded $2,560 per year for tuition or living expenses. 我们在校园里有大约300个勤工俭学的职位,位于财政援助办公室的勤工俭学协调员将帮助你找到一个职位并取得成功. 你的工作时间将根据你的课程来安排,这是一个开始建立你的人际交往的好机会.

Iowa Tuition Grant: Awarded by the state for Iowa residents attending a private institution. The grant is currently $7,500 per year. Eligible students have lived in the state for a minimum of one year without attending college, have filed the FAFSA by July 1 of the award year, and have an Expected Family Contribution (EFC) of $16,000 or less.

Institutional Aid: Free money given to a student by the University that does not get repaid. Additional aid beyond academic scholarships is given to students for a number of different reasons. At St. Ambrose, we offer athletic, fine arts, diversity, Catholic and many other scholarships. These scholarship amounts are based on performance, demographic and financial need.

Grant: Similar to a scholarship, grants do not have to be repaid and are typically awarded by government or private entities based on need.

Loan: This is borrowed money that has to be repaid. Many lenders charge interest, which is a fee calculated by a percentage of the amount due. All Federal Direct Loans require the student to file the FAFSA. Learn more about loans below.

Outside Scholarships: As we work together to develop financial aid plans for your St. Ambrose University education, we highly recommend looking for scholarships within your community. 任何来自外部组织和企业的奖学金都不会减少我们提供的机构援助金额. We simply add them to your financial aid package. These can be a tremendous help in lowering your balance due.

Satisfactory Progress:  Also Satisfactory Academic Progress. Based on a scale of a student's grade point average and number of credits. Read more on the Registrar's Policies page.

Scholarships: A gift of money that does not have to be repaid. Awarding a scholarship can be based on a variety of qualifications, such as merit, financial need, talent, etc.

Loans

Financing Your Education

Loans are one way to pay for your degree.

金融机构在一段时间内把钱借给一个人,法定期望接受者会偿还这笔钱.

As part of learning about loans, read SAU's Financial Aid Policies and use the Net Price Calculator to see how loans affect your budget.

Loan Best Practices and Tips

Here are some important tips to follow when borrowing student loans:

  • As a student loan borrower, be aware of your rights and responsibilities.
  • Be a responsible borrower and only borrow what you need to cover your educational expenses. If you have borrowed more money than you need for the semester, you can always return it. There are no penalties for early repayment.
  • Know your allotted grace period for each loan. If you go below half-time status or withdraw from school, you will enter your grace period. If your grace period elapses and you are not enrolled, you will begin your repayment period.
  • Pay off accruing interest to avoid interest capitalization when entering repayment.
  • Avoid defaulting on your student loan. If you have trouble making monthly payments, contact your student loan provider or school for help and information.
  • If you have any loan funds in excess of your costs, you may receive a refund. If you are a first-time borrower, there is a 30-day hold on your first disbursement.
Federal Loans – For Students and Parents

Federal Student Loans

All students filing a FAFSA are eligible for federal loans.

The SAU Financial Aid Office determines which types of federal loans you are eligible for, and the loans will be listed on your official award letter.

Federal Direct Loans

These are federally guaranteed loans. There are two types of Direct Loans: subsidized and unsubsidized. Learn more about these loan types on the federal Student Aid website.

  • A subsidized loan is based on financial need; the government waives the interest accrual while the student is enrolled at least half-time. Repayment on a subsidized loan does not start until 6 months after the student drops below half-time enrollment, graduates, or withdraws.
  • An unsubsidized loan is not based on financial need, and there is no interest payment deferment.

Federal Direct Parent PLUS Loans

This loan is for parents who want to finance their student's remaining balance and expenses. This is a credit-based loan with a fixed interest rate (see the table below). Parents are responsible for the full payment or interest-only payments while their student is enrolled. 贷款不能超过申请所有其他机构和联邦援助后剩余的就读费用.


Loan TypeBorrowerStarting July 1, '23-June 30, '24
Direct Subsidized Undergraduate fixed 5.5%
Direct Unsubsidized Graduate and Undergraduate fixed 5.5% (undergraduate); fixed 7.05% (graduate)
Direct PLUS Graduate or Parents fixed 8.05% 

*请参阅研究生贷款手风琴,了解有关研究生水平学生可获得的联邦贷款的更多信息.

Federal loans have an origination fee, 这是从他们借给你的管理和处理费用中扣除的一次性费用. The fees for 23- 24 are 1.057% for subsidized and unsubsidized Direct loans, and 4.228% for Parent PLUS and Graduate PLUS loans.

For information, visit the Federal Direct Loan website.

Quick Facts about the Federal Direct Loan Program

Percentage
St. Ambrose University undergrad students who take out a federal direct loan* 67%
2020 Cohort default rate for SAU students with a federal direct loan(s)** 0.0%

2020 Cohort default rate national average***

0.0%

*Borrowing data is for the 2022-2023 academic year. Graduate data available upon request.

**联邦计算的群体违约率(CDR)衡量的是有多少联邦学生贷款借款人在进入还款后的特定时期内违约. For the 2020 CDR, students would have went into repayment between October 2019 and September 2022, and defaulted by September 2023.

*** The national cohort default rate has dropped to 0 percent, which reflects the pandemic pause on student loan repayment. This page is updated each year when the Official Cohort Default Rate is released in September.

Private Loans

私人替代贷款旨在帮助需要额外资金的学生,以弥补他们在该学年/学期已经收到的任何经济援助之间的缺口.

Private loans are not part of the federal education loan program. 任何有问题或考虑私人贷款来帮助支付费用的学生都应该首先与财政援助办公室交谈.

If you are considering a private educational loan, be aware of the following:

  • As a private loan borrower, it is your responsibility to research which loan will be best for you. You should pay close attention to interest rates, fees, and repayment terms.
  • If a lender approves the loan amount you requested, the University might not approve that same amount. 你可以借的金额(你的贷款)将由大学和你收到的其他援助决定. 贷款还必须符合大学根据教育部指导方针制定的出勤费预算.
  • Private/alternative loans are credit-based loans. This means that the company will run your credit history. If your credit does not pass, you may be required to have a co-signer in order to receive that loan. The majority of private educational loan lenders offer a choice of variable or fixed interest rates. Variable means that the rates will fluctuate with the market over the life of the loan. Fixed means your interest rate will stay the same over the life of the loan. This will greatly influence the total cost of the loan over the years of repayment. If you do require a co-signer, most lenders offer a co-signer release option. This means that once you are in repayment and can be approved for credit on your own, your cosigner will be removed from the loan through a refinance process.
  • Many private educational loans also have associated fees. These processing or origination fees are charged to you and taken off the top of your loan. For example, you borrow $1,000 and the loan you chose had a 5 percent origination fee, you would only receive $950 because $50 is deducted for the fee.
  • Once you apply, the Financial Aid office will be notified and we will certify your loan. In most cases, this is done electronically, 但你可以预料到,处理过程将需要几周时间才能完成,因为贷款机构要进行信用承销.

Compare Loans to Make an Informed Decision
这个私人贷款比较工具使您能够控制流程,并根据您的个人情况做出明智的决定,选择最佳的私人贷款.

  • FASTChoice, powered by Great Lakes loan guarantor and processor, helps you choose the right loan by presenting you with loan details, including eligibility requirements, interest rates, loan limits and borrower benefits. FASTChoice provides comparison tools for a variety of private educational lenders previously utilized St. Ambrose students.

As required by state and federal law, the preferred lender list has the following disclosures:

  • In conjunction with lenders reviewed and used by our students, SAU金融援助工作人员生成了一份贷款人名单,并比较了这些贷款人的贷款产品细节,如:费用, interest rates, rebates, etc. After evaluating those loan products, the staff generated a list of preferred lenders.
  • Evaluation and Selection Criteria: After compiling a comprehensive list, lenders were evaluated and selected based on interest rates, origination fees, cosigner options, out-of-state borrower options, efficiency of loans processing, customer service, loan limit criteria, non-degree seeking loans options, past due balance options, and repayment options/incentives.
  • Each lender on this preferred lender list is unaffiliated with the other.
  • 学生不需要从这个名单上的贷款人借款,可以向任何贷款人申请私人学生贷款. 

St. galaxy银河娱乐场app不认可上面链接中包含的任何贷款人,也不能推荐具体的贷款人. 学生也可以选择使用没有出现在上面任何一个链接的贷款机构列表中的贷款机构.

Loan Forgiveness

根据你的学习领域,你可能有资格获得部分或全部的学生贷款被免除(不偿还), how your loan is financed, or where you work.

Information on this page is not exhaustive, so inquire with your loan provider or servicer.

Teacher Loan Forgiveness

If you plan to teach, you may qualify for a portion of your loan to be forgiven or completely paid (canceled). 

Loan type: Direct Subsidized Loans, Direct Unsubsidized Loans, Subsidized Federal Stafford Loans, Unsubsidized Federal Stafford Loans

Public Service Loan Forgiveness

从事某些公共服务工作和连续偿还直接贷款,可能使你的贷款余额有资格获得豁免. Examples of public service include government jobs at any level, attorneys in certain fields, non-profit 501(c)(3) organizations, and other non-profit groups. AmeriCorps, Peace Corps, and VISTA also count.

Health Care Professionals Loan Repayment

Several programs offer loan repayment or forgiveness to those working in medical professions, usually in low-income or health professional shortage areas (HPSA).

So, what's next?

Are you ready to take the next step? Click on the visit button below to learn more about our virtual and in-person visit options.