Financial aid FAQ's
- What does FAFSA stand for?
Free Application for Federal Student Aid. You can apply
online after January 1, at
www.fafsa.ed.gov. Students, who are not applying for federal
funds must submit a FAFSA non-filer form to the Student Financial
- Does Saint Martin's University have a priority funding
The priority deadline is March 1
- What is our school code? What is our 8-digit school
School code: 003794
- Why are you asking for tax info, etc...?
Federal regulations require that if you have been selected
for verification that we certify your household size, earnings, etc;
to ensure proper calculation of your financial aid eligibility.
- What is the difference between merit based aid and need
Merit based aid is eligibility based on a student's
academic credentials. Need based aid is eligibility based on
financial need (determined from FAFSA).
- How do I determine if I have need?
To determine need you take the cost of attendance
(COA-determined by the university) subtract your estimated family
contribution (EFC-from the FAFSA), the total is your need.
- Should I pay for a scholarship search?
Never pay for a scholarship search. There are many free
websites that offer great information on scholarships available for
all levels of education. You can find other scholarship search sites
- How much in institutional scholarships does Saint
Martin's award each year?
In 2011-12, Saint Martin's gave more than $14 million of
its own money in the form of grants and scholarships to its
students, thanks to our generous scholarship donors. With few
exceptions, students who apply for financial aid at Saint Martin's
automatically become eligible for any Saint Martin's University
scholarship whose criteria they meet. For more information go to the
scholarships and grants pages.
- What is considered to be making Satisfactory Academic
Progress (SAP) and how could it affect my financial aid?
Student Financial Services is required to monitor the SAP
for all students, receiving aid or not. The process is separate from
the academic progress that is monitored by the Academic Standards
Committee. Visit the
SAP page for more information.