Undergraduate Financial Aid Process

Financial Aid

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Apply for Federal Student Aid (FAFSA)

All new, prospective students must submit the Free Application for Federal Student Aid (FAFSA) and its potential supporting documents. Please note: Salve does not use College Board’s College Scholarship Service (CSS) profile.

  • Salve's FAFSA school code is 003411.
  • You may sign the FAFSA electronically using the FSA ID and password you create through the Department of Education. Learn how to create an FSA ID.
  • The FAFSA requires tax information from two years prior. For example, the 2025-2026 form asks for 2023 tax information.
  • You will receive a FAFSA submission summary report electronically or in the mail. This copy is for your records. Do not submit it to Salve. We will receive your information electronically.

Deadlines

  • For September admission, the priority deadline to apply for financial aid is March 1.
  • All verification documents are due by May 15.
  • For January transfer admission, students should file the FAFSA as soon as possible, as financial aid for January admits is awarded on a rolling basis.

FAFSA Verification

Verification is a process used to confirm the information you reported to the U.S. Department of Education on your FAFSA. In most cases, the U.S. Department of Education selects a FAFSA for verification, and we facilitate the process by requesting documentation required according to federal student aid program rules. If any discrepancies or inconsistencies are noted once verification is complete, we will update your FAFSA to ensure your eligibility for federal student aid funds has been calculated accurately.

If you have any questions about verification or documentation requirements, we're here to help. Email us at financial_aid@salve.edu and be sure to include your name and student ID number.

Types of Financial Aid Offered

A student’s financial aid package can contain multiple types of financial support and financing, which may include merit scholarships, need-based aid and loans. 

Merit-Based Aid

Students are automatically considered for merit-based scholarships when applying.

Need-Based Aid

Need-based aid includes grants, student employment and federal direct loans.

Financing Options

Financing options include payment plans, private and parent loans.

Process for Returning Students

If you're a returning student who previously received financial aid, you must submit a new FAFSA each year. The priority deadline to submit your FAFSA is March 1.

Financial aid packages for returning students are typically awarded starting in March. Please note that missing the March 1 deadline may result in reduced aid.

At the end of each academic year, your grades and academic progress will be reviewed. Students who do not meet satisfactory academic progress requirements may lose their eligibility for financial aid.