Understanding Your Financial Aid Award Offer

What is an Award Offer?
All accepted students who file a Free Application For Federal Student Aid (FAFSA) will receive an award offer from St. John’s University which indicates the types and amounts of financial aid available to the student at St. John’s.

The Office of Student Financial Services encourages students and their families to carefully review their financial aid offer and consider all available options provided to assist students in financing their education.

Financial aid offers are individualized and reflect student’s eligibility based on the information provided by them, and for dependent students their families, on the FAFSA. The offer also factors in a student’s grade level, program of study, individual program eligibility requirements and funding levels.

An aid offer may contain a variety of different financial aid programs. We encourage students to learn more about the financial aid programs in their award letters and have provided detailed information below on the various financial aid programs.

GIFT AID   SELF HELP
Scholarships   Federal Work-study
TAP (New York State Tuition Assistance Program)   Federal Perkins Loan
Federal Pell Grant   Federal Health Professions Student Loan (HPL)
Federal SEOG Grant   Federal Direct Loans For Undergraduates
Federal Teach Grant   Federal Direct Loans For Graduate/Law Students
University Funded Grants   Private Loans
    Federal Direct Stafford Loan Tutorials
      - Entrance Counseling
      - Process of Accepting Your Loan Awards
      - Electronic Master Promissory Note
    Federal Direct PLUS Loan Tutorials
      - Applying for a PLUS Loan
      - Applying for a Federal Grad PLUS Loan
     
STUDENT RESPONSIBILITIES   STUDENT RIGHT TO KNOW
Satisfactory Academic Progress   FERPA
Verification   Determination of Financial Aid Eligibility
Monitor UIS Account   Tuition and Fees
Terms and Conditions for Acceptance of Financial Assistance   Room and Board
    Undergraduate Bulletin
    Graduate Bulletin
    Understanding My Financial Aid Award Status