Paying for College
While a private, Jesuit education may seem expensive, it can be affordable when we work together to explore all available resources. We know that the investment in an education from Saint Peter's University will provide you a lifetime of benefits – not only financially, but in terms of your entire personal life. Our financial aid staff is ready to work with you and your family in exploring all types of assistance.
How Much Will College Really Cost?
It is important to review the estimated cost of attendance to better understand the expenses you can expect to encounter throughout your studies. Then you're going to want to use the very popular Net Price Calculator to factor in scholarships and aid. We are pleased to provide these tools to assist you in your college search.
College expenses can be categorized into direct costs (charged directly by the institution such as tuition, fees, room and board) and indirect costs (travel, books, personal expenses, etc.). Both types of expenses are used to calculate student eligibility for financial aid. The amount of money needed to attend college is the college budget. If the college budget is greater than a student's family contribution, the difference is that student's financial need.
Let’s calculate scholarships and aid to determine the amount you are likely to pay if you were to attend Saint Peter's University. It will be helpful to have your parents' financial records in hand when you complete the calculator, and to know your GPA and test scores. It generally takes about 10 minutes to answer all of the questions.
Types of Financial Aid
Financial aid comes in a variety of forms including institutional awards, government grants, external scholarships, loans, and work-study:
Institutional Awards: Saint Peter's University offers generous academic, incentive and need-based grants to incoming freshmen and transfer students based on previous scholastic achievement, potential for success, and demonstrated family need.
Government Grants: These are awards that do not need to be repaid. Federal grant programs include PELL and SEOG. A variety of New Jersey State grant programs include the Tuition Aid Grant, Distinguished/Urban Scholar Program and EOF Grants.
External Scholarships: The Financial Aid website provides link to a variety of outside scholarships funded by private foundations and agencies. We encourage students to explore these and other external sources of aid, including funding from organizations in your local community.
Loans: Investing in your college education through educational loans is an excellent way to afford a college education. Students and parents are encouraged to explore the wide variety of federal, state, and private loan programs that can be used to supplement grant programs and make a private education an affordable choice.
Work-study: Part-time campus employment allows students to earn money to help with college expenses. Both institutional and federal work-study are available.
Payment Arrangements: In addition to the variety of financial aid programs, Saint Peter's University Bursar's Office provides special Payment Arrangements for families, including installment and credit card plans.
Applying for Financial Aid
Our FAFSA code is 002638
To apply for financial aid, students must file the Free Application for Federal Student Aid (FAFSA). By filing the FAFSA you will be considered for federal, state and Saint Peter’s financial aid including scholarships, loans, need-based grants, and work-study funds. Students should write in “Title IV Code 002638 Saint Peter’s University, 2641 Kennedy Blvd., Jersey City, NJ” in the appropriate section of the FAFSA. The FAFSA should be completed online at www.fafsa.ed.gov.
Incoming freshmen and transfers are urged to complete it as soon as possible, but no later than March 15th in order to receive a complete financial aid package in early April. For renewal Tuition Aid Grant students, the FAFSA needs to be processed by June 1 prior to the beginning of the Fall term.
Our financial aid staff is available to assist you with the application. Feel free to reach out to us at (201) 761-6060 or FinancialAid@saintpeters.edu.
In addition to the information in the academic catalog, several other brochures in the Saint Peter's University Financial Aid Office contain pertinent financial aid information, including federal, state, and institutional assistance. Students have the right to obtain such information. Students also have the right to appeal financial aid awards by writing to the Scholarship Appeals Committee through the Director of Student Financial Aid. Students receiving financial assistance must be in good standing and must maintain satisfactory progress in their course of study.
Students who have been awarded academically based scholarships are expected to maintain superior academic standing. Students who do not achieve scholarship-level performance may forfeit their awards.
Students should contact the Student Financial Aid Office for additional information regarding the University's refund and repayment policy, award packaging policy, satisfactory academic progress, rights and responsibilities of student aid recipients, or any terms and conditions regarding financial aid awards.
For incoming students at time of enrollment: All award packages must conform to current Saint Peter's University scholarship and Financial Aid policies. Saint Peter's University scholarships are awarded in partnership with state, federal and private grant programs, and part of any scholarship offer could be funded through other sources. Although the University's portion of your award may be adjusted to conform to such policies, the total amount of your grant assistance from all sources will be equal to or greater than the amount listed in your original scholarship letter.