To apply for financial assistance, please visit fafsa.ed.gov— the FAFSA school code for USF is 001664.
Federal Pell Grant Program
- Award Range: $380 – $7,395
Federal SEOG Grant Program
- Award Range: $400 – $4,000
- PELL Recipient with 0 Expected Family Contribution (EFC)
Federal TEACH Grant Program
- Award Range: Up to $4,000 annually
- Grant for students who intend to teach in a high need school within a determine shortage area discipline. More information maybe found at studentaid.ed.gov and click on the Student, Parents, and Counselor heading. Grant award becomes a federal loan if student does not fulfill teaching requirements.
Federal College Work-Study
- Award Range: Up to $3,000 annually
- Financial Need
Federal Carl D. Perkins Loan
- Award Range: Up to $4,000 annually
- Financial Need
Federal Direct Subsidized Loan
- (Total combination of Subsidized and Unsubsidized cannot exceed ranges)
- Award Range: Up to $3,500 for freshmen; $4,500 for sophomores; $5,500 for juniors and seniors
- For info about current loans and interest rates, click here.
Federal Direct Unsubsidized Loan
- (Total combination of Subsidized and Unsubsidized cannot exceed ranges)
- Award Range: Up to $3,500 for freshmen; $4,500 for sophomores; $5,500 for juniors and seniors;
- An additional $2,000 is available for dependent students as of July 1, 2008
- For info about current loans and interest rates, click here.
Federal Direct Parent Loan (PLUS)
- Award Range: Up to full cost of attendance less any other assistance
- Payments are scheduled to begin immediately. Parent Borrower may request deferment of payments while student is enrolled half-time in school through Direct Loan Servicing.
- For loan and interest information for PLUS borrowers, click here.
The University of St. Francis participates in the following federal and state programs. All students must complete the Free Application for Federal Student Aid (FAFSA) in order to determine eligibility. For additional information about federal and state aid, please visit our Financial Aid website.
To apply for financial assistance, please visit fafsa.ed.gov— the FAFSA school code for USF is 001664.
Illinois Monetary Award Program (MAP)
- Award Range: $840 – $8,400 annually
- Financial need, Illinois residency.
Minority Teachers of Illinois Scholarship
- Programs require teaching commitment upon graduation – if the applicant fails to meet the commitment, the scholarships become a loan and must be repaid by the student.
- Award Range: $5,000 annually
- Minority and must sign teaching agreement, Illinois residency.
It is wise for students to limit the amount of loan debt borrowed. Before you decide to seek loan assistance, review your financial options and assets. Ask yourself these questions: Do I qualify for employer reimbursement? What amount can I afford to pay on the tuition payment plan? Do I have an eligible retirement account that may be available for educational expenses? Are there any tax advantages to using these funds or the loan programs for my educational expenses?
Remember that you will increase your earning potential upon completion of the USF degree completion or graduate program. Plan wisely for the months ahead and consider consulting with a tax advisor.
