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Planning for expenses is an important part of the college application process. You may not know how many different things you need to keep track of to pay tuition and apply for Saint Leo financial aid.
Saint Leo financial aid is funding that helps pay for your college costs and allows you the opportunity to advance in your professional goals. It can come from scholarships, work-study jobs, grants, and loans.
Our simple introduction will guide you through the basics of how to access funds and launch your future at Saint Leo!
About saint leo university
Saint leo university ranking is #29, It is a private Roman Catholic liberal arts university in St. Leo, Florida. It was established in 1889. The university is associated with the Holy Name Monastery, a Benedictine convent, and Saint Leo Abbey, a Benedictine monastery. The university and the abbey are both named for Pope Leo the Great, bishop of Rome from 440 to 461. The name also honors Leo XIII, who was Pope at the time, and Leo Haid, then abbot of Maryhelp Abbey in North Carolina, now Belmont Abbey, who participated in founding the university and served as its first president.
The first Roman Catholic college in Florida, Saint Leo is one of the five largest Catholic colleges in the United States. It enrolls students at the traditional University Campus, at more than 40 education centers and offices, and through its Center for Online Learning. University-wide, Saint Leo educates students from all 50 states, the District of Columbia, three U.S. territories, and more than 80 countries. As of Spring 2017, total enrollment was 16,207 students, with 2,088 of those at University Campus.
Saint Leo was one of the first American universities to provide distance learning opportunities to students, beginning with educating military men and women in 1973 during the Vietnam era at the height of the anti-war movement. Saint Leo University offers more than 40 associate, baccalaureate, and master’s degrees, and certificate programs and inaugurated its first doctoral program in 2013. As of Fall 2016, the faculty included 219 full-time faculty and 1,157 fully qualified adjunct faculty members.
How Much Does Saint Leo University Cost?
Knowing what a school cost is Step # 1 in managing college costs. There’s more to think about than just the tuition– you also have to factor in where you’ll live, what you’ll eat, and more while attending Saint Leo University.
The ” Cost of Attendance” is the total amount of money the average student has to pay, WITHOUT any use of Saint Leo financial aid, to attend a particular school. Think of it as a school’s sticker price. It includes not just Saint Leo University tuition and fees but also room, board, textbooks, and personal expenses.
Here’s the Cost of Attendance breakdown for Saint Leo University:
- Tuition and Fees – $19920.
- Room – $5000.
- Board – $4680.
- Textbooks – $1200.
- Other Expenses – $2400.
- Typical Total Cost for On-Campus Students – $33200.
- Typical Total Cost for Off-Campus Students – $34215.
How Much Debt is Typical for Students at Saint Leo University?
Your accumulated student loan debt can affect your financial life long after college ends. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate.
At Saint Leo University, the median federal loan debt among borrowers who completed their undergraduate degree is $25,943. The median monthly federal loan payment (if it were repaid over ten years at 5.05% interest) for student federal loan borrowers who graduated is $248.
- Typical total federal loan debt after graduation: $25,943.
- Typical total federal loan debt among those who did not graduate: $7,875.
How Much Financial Aid Do Students at Saint Leo University Get?
The Cost of Attendance noted above might be daunting. The bright side is that many students don’t pay that full price to participate in Saint Leo University. Financial assistance helps distinguish between the Cost of Attendance and what families can manage.
Here we’ll cover the number of students who get Saint Leo financial aid, what kind of help they get, and how much.
A Short Introduction to Saint Leo Financial Aid
Help can be found in lots of forms, including:
- Need-based grants
- Merit-based scholarships
- Student loans
This Saint Leo financial aid originates from a few various places:
- Federal help comes from the federal government or is funded by the federal government.
- Institutional help comes from your school itself.
To check Saint Leo university application status CLICK HERE
Loan Overview
Let’s talk about the number of students at Saint Leo University who actually have to get any student loans. The ideal goal is to graduate with little to no debt.
It’s extremely typical for college graduates in the US to finish with some financial obligation. However, high portions of students taking on loans at a specific school are a big red flag. On the other hand, low portions of students with loans signify that Saint Leo University tuition is cost-effective.
So how many students end up getting loans at Saint Leo University?
68% Have ANY Loans. This is 2% higher than the average for Personal, not-for-profit schools, which is 66%.
High numbers of students with loans is a warning, and Saint Leo University is above average. It doesn’t always imply that students wind up with high amounts of financial obligation – we’ll get to that question very soon – however, it suggests that Saint Leo University is less affordable for the average student.
To break this down even more, we need to understand how much real debt the typical individual gets while in school. Next, we’ll look at student financial obligation amounts.
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Federal Loans
Now that you have a handle on the basic loan details for Saint Leo University, we’ll get into some more nitty-gritty information on the types and quantities of loans that students normally have.
We’ll begin with federal loans because, in general, federal loans are more effective than private loans. Federal loans tend to have low-interest rates, meaning they cost less in the long run. They may come with other perks (like subsidization and even options for loan forgiveness).
High portions or quantities of federal loans still aren’t an excellent indication – once again, you do not want to see students burdened with excessive debt. Normally, schools with strong Saint Leo financial aid programs will have students with more federal loans than private loans.
At Saint Leo University, 68% of all students get federal loans. This is 3% GREATER than the typical percent of students for Private, not-for-profit schools, which is 65%.
The average annual federal loan quantity at Saint Leo University is $6354. This quantity is $277 MORE than the average for Private, not-for-profit schools, which is $6077.
Other Personal Loans
Other loans, or private loans, are the last resource students turn to when spending for college. They’re the least preferable kind of financial aid due to the fact that they have higher rate of interest and cost students the most money in the long run.
Normally, the less students who take private loans, and the lower the quantity of the loan, the more budget-friendly Saint Leo University is.
At Saint Leo University, 6% of students secure private loans. This is 3% LOWER than the average for Personal not-for-profit schools, which is 9%.
Just as crucial as the portion of students with personal loans is the average loan amount. The smaller the average loan amount, the better:.
The typical personal loan quantity at Saint Leo University is $9992. This is $ 1452 LOWER than the average for Private not-for-profit schools, which is $ 11444.
The percentage of students getting federal loans is greater than those getting private loans, which is a excellent indication. This means lower-interest federal loans are generally sufficient to pay for Saint Leo University.
To check saint Leo university undergraduate programs, Click Here
Grants and Scholarships at Saint Leo University
Grants
There are several federal grant and other grants funds available to students. Explore the options below.
Federal Grants
| Types of Grants | Description |
|---|---|
| Federal Pell Grant | A Federal Pell Grant funded by the U.S. Government for undergraduate students. This grant does not have to be repaid. |
| Federal Iraq & Afghanistan Service Grant | Federal Iraq & Afghanistan Service Grants are funded by the U.S. Government for undergraduate students. This grant does not have to be repaid. |
| Federal Supplemental Education Opportunity Grant (FSEOG) | FSEOG grants are funded by the U.S. Government for undergraduate students. This grant does not have to be repaid. |
| Federal TEACH Grant | TEACH grants are funded by the U.S. Government. These provide funds to students who are completing or who plan to complete coursework that is required to begin a career in teaching, and who agree to teach full-time for at least four years. Terms and conditions of the grant include a service obligation. If the service obligation is not fulfilled, the grant converts to an un-subsidized loan. |
To Know more about other grants CLICK HERE
Scholarship
1. University Grants and Scholarships
Saint Leo University provides a range of grants and scholarships to; eligible first-time college students (and some eligible transfer students) going to the University Campus. Students with questions should call their admissions counselor or (352) 588-8283.
2. University Private Scholarships
These awards are privately-funded scholarships offered to Saint Leo students.
3. Corporate Assistance
Numerous corporations offer partial or complete financial help for workers returning to post-secondary school. According to IRS regulations, your company might offer you $5,250 annually in education support benefits for undergraduate or graduate courses. And many companies will pay 100% of the costs associated with a degree if you are pursuing a location of study linked to your present position.
Stop by your employer’s advantages department to identify whether they offer tuition reimbursement or other incentives. Then call a Saint Leo University enrollment therapist to discuss our online programs.
Outside Scholarship Opportunities
Saint Leo University accepts scholarships from outside sources. Students are responsible for applying and completing the process to get these scholarships. When a student receives an outside scholarship, please notify the Student Financial Solutions office of the scholarship amount and the firm making the award.
Saint Leo University is not associated with the choice procedure for outdoor scholarships. Saint Leo University does not ensure that students pursuing outside financial support will receive help from these companies.
When searching for scholarships, take care of who you send applications and share your info. A legitimate company or service would never guarantee or assure scholarships or grants.
Nor would a genuine company demand your checking account, banking details, or charge card number. Be extremely cautious with who you choose to share your social security number.
How Generous is Saint Leo Financial Aid?
Let’s see how generous Saint Leo University is with its students: 93% Get ANY School Grants.
This is 11% HIGHER than the average for Private, not-for-profit schools, which is 82%. Because more Saint Leo University students get institutional aid, it likely offers fairly competitive financial assistance.
This suggests fewer students will need to take out loans to pay for college. The amount of money students get is just as crucial (if not more vital) than the percentage of students who get grants. If you receive a grant, you’ll desire it to be big enough to do you some good.
How Many Undergrads Get Scholarships?
5,821 Saint Leo University students get grant aid (around 67.0% of the st Leo university population). The normal amount these students get is $13,148.
Is This Saint Leo University Really Worth It?
Yes, Saint Leo University is ranked # 1,704 out of 2,540 for value nationwide. Based upon our analysis of other colleges at similar price points, we believe Saint Leo University is overpriced for its quality education.
The college will be a crucial phase in your development. Going to a much better, more trusted college will pay off in the long run. By going to a better college, you’ll be surrounded by a fascinating neighborhood, discover it easier to land a job, and open up chances Saint Leo University is the best for you.
To contact Saint Leo financial aid number, Call (800) 240-7658
