For many students, financial aid can
greatly affect their decision about whether or not to attend
college or which institution to attend. Because of its importance,
the decision to apply for financial aid, as well as which
financial aid programs to accept, should be made only with a
complete understanding of the process, requirements, benefits and
Financial aid is any loan, part-time employment, grant or
scholarship offered for the express purpose of helping a student
pay education-related expenses. Such aid is usually provided by
federal, state, institutional or private agencies. If you qualify,
you may be offered combinations of these types of aid, depending on
your financial need and the funds available.Who Should Apply for Aid?
The only way to tell if you are eligible to receive aid is
to apply for it. Many factors are taken into account when awarding
aid. Therefore, everyone who needs financial assistance to attend
college should apply.
You may only be interested in part-time work, a scholarship or a
federal student loan. All of these are considered financial aid.
Currently, more than half of the students at St. John’s University
receive some form of financial assistance.Who is Eligible to Apply?
Eligibility requirements for most financial aid programs at St.
John’s are listed here. Some programs will list additional
How Do You Apply?
- Be a U.S. citizen, national or permanent resident alien
- Be enrolled or accepted for enrollment, at least halftime, in a
- Make satisfactory academic progress towards a degree
- Register with the Selective Service Administration, if required
to do so
- Not be in default on a loan or owe a repayment on a previous
financial aid award received at St. John’s University or any other
- Establish financial need
Students can apply for consideration for federal, state and
University aid by completing the FAFSA or Renewal FAFSA