Graduate Students

Graduate students must be registered at least half time (4.5 credits) to be eligible for federal financial aid. Doctoral candidates enrolled in the dissertation research and writing course qualify as at least half time.

If you are taking a summer session along with fall/spring semester classes, please notify our office to determine your financial aid eligibility for summer classes. If your class schedule changes (withdrawing from or adding a class), you should contact us promptly.

Apply for Aid

Federal financial aid applicants must complete and submit the Free Application for Federal Student Aid (FAFSA).

  • The FAFSA must be filed for each academic year (July 1 to June 30).
  • The federal school code for Salve Regina is 003411.

You may sign the FAFSA electronically using a PIN you receive from the Department of Education. You can apply for a PIN while completing the FAFSA online, or you can click here to apply. If you do not have a PIN, be sure to print, sign and mail the signature page to the federal processor.

Additional Documents

In addition to the annual forms, the following documents need to be completed only once:

  • Federal Direct Loan Master Promissory Note (This loan application has no dollar amount and is valid for up to 10 years.)
  • Direct Loan Entrance Counseling Session

Verification Documents

The Department of Education may select you for a process called verification. Please see our IRS Data Retrieval page for detailed information on this new process.

After Your Financial Aid File is Complete

You must inform us in writing or via email when registering for each enrollment period. Once all paperwork and forms are submitted and you are registered for the acceptable amount of credits, we will calculate your loan eligibility and send an award letter after the drop/add period.

If you wish to decline or reduce any loans, you must change the amount on your award letter, initial the change and promptly return the form to our office. If you do not inform us of any change, we will process your loan(s) for the amount indicated on your award.

Salve Regina University reserves the right to request additional information as necessary to determine the type and amount of financial aid awards. Awards are subject to the availability of funding and the regulations governing these funds.

Requirements

Federal Direct Loans

Eligibility for federal financial aid is limited to accepted students enrolled at least half-time in a degree or certificate program. Conditionally accepted students are eligible for a maximum of two semesters.

Cost of Attendance

The cost of attendance for graduate students is based on each individual's course load. For this reason, loan eligibility is not calculated until the enrollment period begins. Each student has a budget based upon actual direct costs (tuition and fees). An estimated book allowance is also included. Students who are taking courses on-site are eligible for a modest allowance for living expenses, depending on course load. Students taking only online and/or self-paced classes are not eligible for living expenses.

Credit hours and course extension fees cannot be used for more than one enrollment period, and classes that are repeated are not eligible for additional financial aid.

Loans

Loans are processed at the end of each drop/add period. Funds may take up to three weeks to be received and posted to the student's account in the Business Office. Students who are enrolled in online and self-paced classes should contact our office for details on loan processing and disbursement. If you are expecting a refund for living expenses and books, please contact the Business Office.

Alternative Financing and Federal Direct Graduate PLUS Loans

Private alternative loans are available to students who do not meet the requirements for federal aid. Federal Direct Graduate PLUS Loans are available for students who have exhausted their Direct Loans and meet federal eligibility. Contact our office for details.

Academic Probation

A cumulative GPA of 3.00 is required to qualify for a degree. Students whose cumulative GPA falls below 3.00 in any given semester are considered to be on academic probation for the following semester. Those on probation for two continuous semesters may be dismissed.

Students must maintain satisfactory academic progress to remain eligible for financial aid. Academic progress for financial aid is monitored at the end of each academic year. If the GPA requirement is not met, the student may appeal to remain eligible for one semester. The appeal must be submitted to the director of financial aid. If a student shows significant progress toward meeting the minimum requirements, one additional probationary semester of financial assistance may be granted.

Since each graduate student's financial aid is calculated based on the individual's unique schedule and charges, it is the student's responsibility to inform our office of any changes to his or her schedule for each enrollment period.