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Office of Financial Aid

 

The Office of Financial Aid welcomes you and is here to answer any questions you may have.

Students may contact their financial aid counselor via phone or email. If you are unsure who to contact, you may send an email to finaidFREESXU to be transferred to the next available counselor.

Students are advised to check their SXU email and mySXU Self-Service frequently for changes to their aid.

Filing for Financial Aid

The 2024-2025 FAFSA will be made available to file by December 31. Schools will begin receiving FAFSA data by January 31. We anticipate that you will be able to review your application status via Self Service on mySXU around mid-February. Updates on the exact date will be posted here when announced.

The 2023-2024 FAFSA was made available to file October 1, 2022. You are encouraged to complete your FAFSA as soon as possible to maximize your financial aid eligibility. SXU's priority filing deadline is December 1, 2022.

To file:

  1. Create your FSA ID
  2. Complete the 2023-2024 FAFSA
    • Click the "Start Here" button and login using your FSA ID
  3. Include Saint Xavier University's school code: 001768
  4. Include student and parent's (if requested) FSA IDs to electronically sign the form or print the signature page; the FAFSA will not process without necessary signatures
  5. Submit: The application is not complete until your confirmation number is displayed
  6. Follow up: Check the status of your FAFSA, make corrections, view and print your Student Aid Report online
Help is available for every question in the "Help & Hints" boxes on the FAFSA. Call 1-800-4-FED-AID with any questions regarding your FSA ID or FAFSA.

Stay Connected with FAFSA

 

2024-2025 FAFSA and FAFSA Simplification

The FAFSA Simplification Act represents a significant overhaul of the processes and systems used to award federal student aid starting with the 2024-2025 award year. This includes the Free Application for Federal Student Aid (FAFSA®) form, need analysis, and many policies and procedures for schools that participate in federal student aid programs.

These changes are aimed at making it easier for students and their families to apply for financial aid with a more streamlined application process.

  • Contributor: anyone who is asked to provide information on the FAFSA -- student, student spouse (if married), parent(s), and stepparent(s) for example.
  • Consent: each contributor will now need to provide their consent to their Federal Tax Information (FTI) being included in the FAFSA, even if they did not file a U.S. tax return.
  • SAI: Student Aid Index (SAI) replaces the Expected Family Contribution (EFC).
  • FTI: Federal Tax Information (FTI) transferred directly from the IRS.

  • More streamlined application process with fewer questions and an easier way to transfer the tax information directly from IRS.
  • For students whose parents are divorced or separated, the Custodial Parent on your FAFSA will be the parent who provides you with the most financial support and will no longer be the parent with whom you lived with the most over the past 12 months.
  • Foster, homeless, and unaccompanied youth -- as well as applicants who cannot provide parental information -- will be able to complete the form with a provisional independent student determination and receive a calculated SAI, however these students must meet with a financial aid counselor before an offer letter can be created.
  • The number of family members in college will no longer be used in determining need-based aid eligibility calculation.

All FAFSA contributors regardless of citizenship status must have their own FSA ID to log into the online FAFSA form. Your FSA ID will serve as your legal signature when completing electronic documents. You can create your FSA ID at any time at studentaid.gov. We encourage you to complete this step as soon as possible.

When you are creating your FSA ID account, you will be required to enter a mailing address and a personal email address. You are unable to use an email address that is already connected to another FSA ID.

Parents and spouses without a Social Security Number (SSN), will be able to create their own FSA ID account in December 2023.

If the parent and student have already completed a FAFSA in the past, you already have your own FSA ID. For assistance retrieving your FSA ID and/or password please visit studentaid.gov.

  • Each contributor (student, student spouse, parent(s) and/or stepparent) will have to provide consent.
  • If any contributor does not provide their consent the Student Aid Index (SAI) will not be calculated, and we will not be able to determine your eligibility for federal and state financial aid.

Disclaimer

Saint Xavier University's Office of Financial Aid is dedicated to providing timely updates to students, families, and our community. Due to the significant amount of changes that are occurring, portions of our website may not yet be 100% accurate for the 2024-2025 academic year. We'll continue to update this page as we receive more information from the Department of Education and Federal Student Aid, and we appreciate your patience as we work to implement the changes brought by the FAFSA Simplification Act. 

 

 

Merit Aid Calculator

The Merit Aid Calculator is intended for use by prospective freshmen and by prospective full-time transfer students for our campus.

Merit Aid Calculator

Net Price Calculator

The Net Price Calculator is intended for use by prospective freshmen and full-time transfer students.

Net Price Calculator

Make Changes to Your Financial Aid Awards

Do you want to reduce or reject a loan or work-study award? You can make these changes online via Self-Service on mySXU. Just click Financial Aid from the drop-down menu where you will see the option to adjust awards.

New Students: Complete your Loan Requirements Today

All new student borrowers must complete these steps before Direct Subsidized and Unsubsidized Loans can be processed:

  1. Complete your Entrance Counseling
  2. Sign your Master Promissory Note (MPN)

Parent Loans

Parents of dependent students can apply for a Federal Direct PLUS Loan for Parents to finance educational costs for their dependent undergraduate student. The parent can apply online using the same FSA ID used to electronically sign the student's FAFSA.

Verification

If you have been selected for the Federal Verification process, go to Financial Aid via mySXU Self-Service to review the documents needed. Please complete and return all requested documents to the Office of Financial Aid as soon as possible to prevent funding delays.

Graduating Students - Complete Exit Counseling

All graduating students need to complete Exit Counseling for their federal student loans. Complete yours online today.

Exit Counseling: If you have borrowed from the Federal Direct Subsidized or Unsubsidized loan programs while attending SXU, Exit Counseling must be completed prior to graduation. Sign in using your FSA ID.

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