Financial Aid

Through the administration of various financial aid programs, Fontbonne University assists qualified students with demonstrated financial need. Most Fontbonne financial aid awards offered to graduate students will be from the Federal Direct Loan Program.

Financial aid will attempt to meet demonstrated need up to budgeted tuition and fees for commuting students and up to budgeted tuition, fees, room, and board for resident students.

The filing of the Free Application for Federal Student Aid (FAFSA) determines the families expected contribution (EFC) toward meeting the student’s costs of education. The expected family contribution (EFC) is then subtracted from the student’s budgeted cost at Fontbonne University. The difference between the total budgeted cost and the EFC determines the student’s need for financial assistance.

Current regulations do not permit unclassified (non-degree seeking) students to receive any type of federal aid.

Application Procedures and Deadlines

Applicants must first be admitted to Fontbonne University in a graduate degree program; graduation from an accredited college or university with a baccalaureate degree is required. At the same time, the FAFSA form should be completed at the following website: www.fafsa.gov. Please include Fontbonne’s school code, 002464, to ensure that we receive your results. There is no cost associated with the submission of this form. Please visit the Fontbonne website for more detailed information.

The priority deadline for filing the FAFSA is March 15. Fontbonne advises early application to receive full consideration. Applications received after this deadline will be considered according to available funds.

FAFSA renewal must be made each year with a new determination of the EFC. Yearly awards will be made according to the availability of funds.

For detailed information on application procedures, contact:

Financial Aid Office
Fontbonne University
6800 Wydown Blvd.
St. Louis, MO 63105
314-889-4680

Financial Aid Policy for Academic Progress

A student who receives financial aid based on full-time enrollment must complete a minimum of 9 graduate credit hours for each of the Fall and Spring semesters. Students attending courses during the Summer must complete a minimum of nine graduate credit hours to be considered full-time and a minimum of five graduate credit hours to be considered half time. A student receiving financial aid based on three-quarter time enrollment (7-8 hours per Fall or Spring semester) must complete a minimum of seven credit hours per Fall or Spring semester A student receiving financial aid based on half-time enrollment (five to six hours per Fall or Spring semester) must complete a minimum of five credit hours per Fall or Spring semester. Successful completion requires a grade of A, B, C, or P. A designation/grade of I, F, NP or W is not acceptable.

Evaluation of hours earned occurs at the end of the fall and spring semesters.

Please notify the financial aid office immediately upon your decision to stop attending class. Failure to properly withdraw from class or failure to attend a class could result in loss of financial aid.

Repeated Coursework Policy

Regulations prevent the Financial Aid Office from paying for a course that has been passed, if you are a graduate student.

Grants

TEACH Grant is a federally funded program which provides up to $4,000.00 to students who intend to teach in a public or private elementary or secondary school which serves low income families. For more detailed information visit: https://studentaid.ed.gov/sa/types/grants-scholarships/teach.

Loans

Federal Direct Loan is available to students who have filed the FAFSA and register for at least half time at Fontbonne University each semester. The loan is an Unsubsidized Direct Loan with interest starting within 60 days of disbursement and provision for the student to elect to defer the interest and add it to the principal amount borrowed. The maximum amount that can be borrowed is determined by the student’s grade level. The remaining balance is usually paid in two installments, at the beginning of the loan period and at the midpoint. Repayment of principal and interest begins six months after graduation, withdrawal, or less than half-time enrollment. Prepayment can be made at any time without penalty. For more information visit: https://studentaid.ed.gov/sa/types/loans/subsidized-unsubsidized

Federal Grad Plus is a non-need-based loan available to students who file the FAFSA and register at least half time at Fontbonne University. Its availability is based upon a credit check and should only be applied for after eligibility for the Direct Loan has been determined. The loan limit is the budgeted cost of education minus other financial aid. Origination fees apply. Repayment must begin immediately. For more information visit: https://studentaid.ed.gov/sa/types/loans/plus.