Xavier has traditionally offered opportunities of a college education to academically qualified students, regardless of the financial resources of the student or the student’s family. Although Xavier feels that the student and their family have a responsibility to contribute to the cost of a college education, the university is prepared to provide financial assistance. A Xavier education is well worth the financial investment families make.

If you are a serious student, eager to make your maximum contribution in life, help is available at Xavier. The best possible financial package, one you can live with while completing your education, will be worked out among you, your parents and a financial aid counselor. Give Xavier a chance to help you achieve your educational goals.

Financial Aid

Money for your aid package comes primarily from four sources:  Federal government, State government, Xavier University, Private programs.  The federal government supplies the majority of the financial aid. The U.S. Department of Education has the following major student federal financial aid for qualified students. The amount will be determined by eligibility and classification.

• Pell Grant
  • Amount: $400 - $4,310
• SEOG
  • Amount: $500 - $4,000
• Work/Study
  • Amount: $1,000
• Stafford Loan
  • Amount: $500 - $5,500
• Perkins Loan
  • Amount: $4,000
• Parent Loan
  • Unmet need minus aid

The College Work/Study program provides a job for students to earn aid.  Louisiana offers the Tuition Opportunity Program (TOPS) and other programs for Louisiana residents.

How to Apply for Financial Aid

All students must apply for financial aid through a federally approved need analysis service to determine their eligibility for grants, loans and work/study. Filing may be done online at www.fafsa.ed.gov or by accessing FAFSA on the web at www.studentaid.ed.gov. Students who do not have web access may obtain a FAFSA (paper form) from their high school counselor or from the Xavier Office of Financial Aid. The FAFSA (paper form) should be mailed in the pre-addressed envelop in the package. FAFSA on the web is recommended for faster processing.

You must apply for admission to Xavier to be considered for financial aid. If you think you will need financial aid, you must apply for it. You should contact your high school counselor or the Financial Aid Office at Xavier if you need assistance as you go through the financial aid application process.

When to Apply for Aid

Students are encouraged to apply for aid as soon as possible after January 1 ^st. Give the Xavier code (002032) in order for Xavier’s Office of Financial Aid to electronically receive the results of your aid analysis.

Scholarships

Xavier University Scholarships

Applicants are considered for a merit-based Xavier University Scholarship at the time of application. The competitive scholarship offers are based primarily on a high academic record and ACT or SAT scores.

Rousseve Scholarships

There are several achievement scholarship opportunities available to students who did not receive an academic scholarship as a freshman, but are excelling academically in accordance with the University’s academic scholarship GPA requirements. The Rousseve Scholarship is a full tuition scholarship and book allowance which is awarded to the top ten students from each class who hold the highest grade point average from the previous two semesters at Xavier.

UNCF Scholarships

All students who are officially enrolled at Xavier may compete for the United Negro College Fund (UNCF) scholarships. Eligibility criteria related to the specific scholarship opportunities are provided by UNCF, which administers funds donated by corporations, organizations and private establishments. In most instances, nominations are made by the University and the University’s scholarship underwriting policy is applied to the UNCF scholarship funds.

Other Scholarships

There are several scholarship opportunities that are funded by corporations, foundations, memorials, fraternities and sororities, etc. The sponsors set up the criteria for which funds will be awarded. These may be based on academic performance or financial needs.

There are also music, art and other department scholarships available to qualified students. The Athletics Department offers scholarships in basketball, tennis, and cross country.

Applicants are encouraged to seek out scholarships that are available through private sources such as clubs, churches, sororities, fraternities and other agencies in their communities.

COSTS

Tuition for the College of Arts and Sciences for the 2007-2008 academic year is $13,700. Room and board charges for campus accommodations are $6,600.  Books and supplies are estimated to be $800.  Miscellaneous fees are estimated to be approximately $800.

INSTALLMENT PLAN

Students should be prepared to pay semester costs at the time of assessment by the Office of Fiscal Services. Assessment takes place after students are registered for classes. New freshmen are registered in early June. The costs include tuition, room & board and other fees associated with enrollment for the semester. A deferred payment plan is available for students who wish to pay the semester balance in installments. After subtracting financial aid and deposits for the semester, the remaining balance can be paid in three installments as follows:

INSTALLMENT PLAN
	Fall Term Due Date	Spring Term Due Date
First Payment (One half of the semester balance after subtracting financial aid)	At Assessment	At Assessment
Second Payment (50% of remaining balance)	September 30	February 28
Final Payment (100% of remaining balance)	October 30	March 30

The University accepts VISA, MasterCard and Discover Card for payment on accounts.

For more information about Xavier Scholarships contact:

Xavier Office of Admissions
(504) 520-7388

For more information about Federal/State Financial Aid contact:

Xavier University Financial Aid Office
(504) 520-7517

Louisiana Office of Student Financial Assistance

Federal Student Financial Aid Office
1 (800) 4-FED-AID
1 (800) 433-3243

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