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Scholarships, Grants and Loans

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Scholarships, Grants and Loans

Your financial aid package could contain a variety of scholarships, grants, work study, or loans, depending on your need and merit-based awards. Listed below is an overview of each type of financial aid program. Be sure to click through the links for additional information.

Fontbonne Scholarships

Institutional aid and scholarships are considered gift aid—meaning you do not have to pay them back—and come directly from Fontbonne. Institutional scholarships may only be applied toward tuition. If you receive grants or scholarships that are required to pay towards tuition (i.e. tuition exchanges, tuition remissions, some Federal scholarship programs, and some private scholarship programs), your institutional scholarships will be reduced.  Should you receive any type of grant or scholarship which is not required to pay toward tuition, your institutional aid will not be changed. Most outside scholarships will not impact your gift aid. 

Additional Gift Aid

Students at graduation

The Fontbonne Promise

This unique new program from Fontbonne University aims to make the dream of a debt-free college education a reality for low-income students.

Read more

Fontbonne Family Award

Fontbonne Family Award is a tuition reduction award and applies when two or more members of an immediate family enroll simultaneously as full-time undergraduate Fontbonne students. The reduction is $250 per semester per student. These awards are made through the Financial Aid Office upon request of the students and demonstration of eligibility.

Fontbonne Grant

Fontbonne Grants are institutional grants made to full-time undergraduate students with demonstrated need. No separate application is required; a student is automatically considered for this funding when he or she has filed the FAFSA.

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Alumni Discounts

Students who graduated with a bachelor’s degree from Fontbonne are eligible for a 15% discount on their graduate tuition. This discount may exclude some laboratory and studio courses and must be requested each semester.

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Educator's Discount

In appreciation of the services offered to our community by educators at all levels, Fontbonne University offers a 15% discount to qualified individuals enrolled in graduate coursework. Qualified educators include those who work at least half-time in a nursery school, a pre-K through 12 school system or post-secondary institution. A discount application form is available from the Fontbonne admission representative or program director with whom you are working. The form can be found in the Office of Student Services. The form must be completed each semester or enrollment term to receive the discount.

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Corporate Partnerships

Fontbonne University is proud to offer discounts on tuition through its partnership programs. 

Read more

Loans and Financing

Loans are a reality for most students attending college today. Since loans must be repaid with interest, we encourage our students to borrow the lowest financial obligation needed to meet their expenses.

The Subsidized Direct loan is available to students who have filed the FAFSA and demonstrate financial need. This loan is subject to both yearly and aggregate limits, as defined by the U.S. Department of Education. A Direct Loan Master Promissory Note and Entrance Counseling must be completed by the student before loan money is released to the school.

The Unsubsidized Direct loan is available to students who have filed the FAFSA, and does not require financial need. This loan is subject to both yearly and aggregate limits, as defined by the U.S. Department of Education. A Direct Loan Master Promissory Note and Entrance Counseling must be completed by the student before loan money is released to the school.

 

Dependent Undergraduate Students

 

Base Amount*

Unsubsidized

Annual Limits

Freshman, 0-29 credit hours earned

$3,500

$2,000

$5,500

Sophomore, 30-59 credit hours earned

$4,500

$2,000

$6,500

Junior & Senior, 60+ credit hours earned

$5,500

$2,000

$7,500

Aggregate Limit

$23,000

$8,000

$31,000

 

Independent1 Undergraduate Students

 

Base Amount*

Unsubsidized

Annual Limits

Freshman, 0-29 credit hours earned

$3,500

$6,000

$9,500

Sophomore, 30-59 credit hours earned

$4,500

$6,000

$10,500

Junior & Senior, 60+ credit hours earned

$5,500

$7,000

$12,500

Aggregate Limit

$23,000

$34,500

$57,500

 

Graduate2 Students

 

Unsubsidized

Graduate

$20,500

Aggregate Lifetime Limit3

$138,500

To review your loan eligibility as you move to a different class level, please contact Financial Services at 314-889-1414 or financialservices@fontbonne.edu.

*Up to the Base Amount may be subsidized, if eligible.

 1  Student answered “yes” to any question in Step 3 on the FAFSA.  These loan limits also apply to dependent undergraduate students whose parents were denied a Federal Direct Parent PLUS loan due to adverse credit history.

 Students enrolled in a Masters, Doctoral or Specialist degree-granting program.

 Includes amounts received as an undergraduate student.

 

Federal Parent Loans for Undergraduate Students (PLUS) are available to the parents of dependent, undergraduate degree-seeking students. This is a non-need based loan and its availability is based upon a credit check and should only be applied for after eligibility for the Stafford Loan has been determined. The loan limit is the budgeted cost of education minus other financial aid. Please visit studentloans.gov for more information.

The Grad PLUS Loan is a low interest, federally backed student loan guaranteed by the U.S. Government for students pursuing a Graduate level degree. Like its undergraduate counterpart, the Grad PLUS Loan can be used to pay for the total cost of education less any aid you’ve already been awarded. Also, like the undergraduate version, eligibility for the Graduate PLUS Loan is dependent on the borrower’s credit rating. Please visit studentloans.gov for more information.

Alternative, or private, loans are credit-based products from independent lenders. If the borrower does not have established credit, a co-signer is recommended. Options exist for students and parents.

Fontbonne University partners with Great Lakes Educational Loan Services to provide a list of private loans that may be available to prospective students. To access this list, click here.

Fontbonne partners with Cashnet to provide our students with a monthly installment plan. To learn more or to sign up, please log into Cashnet starting with your student portal HERE or speak with someone in our office at 314-889-1414.

State and Federal Grants

Federal Pell Grants usually are awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor’s, graduate, or professional degree.

The funds for a Federal Supplemental Education Opportunity Grant (FSEOG) are appropriated by the Federal Government and made available through institutions of higher education to full-time, degree-seeking undergraduate students who have exceptional financial need. There is limited funding for this grant and it is awarded on a first come, first-served basis.

The TEACH grant is a federal grant for students who are pursuing coursework needed to begin a career in teaching. Recipients of the TEACH grant must complete four years of teaching in a high-need field at a low-income school. Failure to complete the service requirements will result in the conversion of the grant to an unsubsidized loan. Interested students should contact their financial aid counselor to see if they are eligible for the grant.

The Access Missouri Grant is a State-sponsored program for all undergraduate Missouri residents enrolled full-time at a Missouri college or university with a 2.5 cumulative GPA or higher. The student’s FAFSA must be processed no later than February 1 to have their eligibility reviewed by the State. Access Missouri Grant Awards are not finalized until Fontbonne receives official notification from the State as to each student’s award status; therefore, the amount on your award letter is an estimate until final regulations are passed.

Click here to explore possible outside scholarship opportunities.

Work Study

Federal and non-federal work-study positions are available on campus for full-time and part-time students. Please check with financial aid for eligibility. Current students should reach out to Career Development for job postings.

Emergency Funding

The Fontbonne Emergency Fund exists as a resource available for both full and part-time Fontbonne University students. Students who have exhausted every source of Institutional Financial Aid, yet have unforeseen expenses that threaten to impact their attendance and academic success are encouraged to apply. 

Contact Us

Questions? Contact Financial Services at 314-889-1414 or financialservices@fontbonne.edu

 

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