The University encourages all students to apply for financial aid to exhaust all possibility of financial assistance from the federal government, state government, private outside scholarships and University-based aid. Students should apply for financial aid prior to March 1 in order to qualify for maximum consideration.
The following types of financial aid are available to all students given certain conditions:
Grants and Scholarships
This is a type of aid that does not have to be repaid. Certain conditions must be met to qualify for grants and scholarships, such as financial need and academic performance. The following are types of grants or scholarships:
- Academic scholarships
- Pell Grants
- SEOG Grants
- Work-study grants (must be earned, not deducted from tuition charges)
- Salve Regina need-based grants
- State grants
- Regina Scholarships
- Endowment scholarships
- Privately restricted scholarships
- Outside agency scholarships
This is a type of aid that must be paid back after graduation. There are various types of loans available to students at reasonable interest rates. Loans available through the Office of Financial Aid include:
- Federal Subsidized Stafford Loan
- Federal Unsubsidized Stafford Loan
- Perkins Loan
- Nursing Student Loan
Check or Money Order
Payments via check or money order may be made by mail or in person. Please note that personal checks returned for insufficient funds are subject to fees: $15 for checks up to $50, $20 for checks over $50 and up to $200, and $25 for checks over $200. If the check is not honored within 10 days, the registration will be canceled. Once a check is returned for insufficient funds, the University will no longer accept personal checks on the student’s behalf. Payment by check will only be allowed via bank certified check.
Cash payments must be made at the Business Office between 8:30 a.m. and 4:30 p.m. Monday through Friday. For security reasons, we urge students not to carry large sums of cash.
Electronic Funds Transfer (Nelnet)
You may also do a direct ACH (automated clearing house) debit using Nelnet. This transaction will be processed on a next-day basis using your savings or checking account. To process an ACH payment, visit the student’s My Salve account and follow the "Payment Plan and Billing" link or call (800) 609-8056 and speak with an education payment counselor. You may also pay via credit card on Nelnet. Please note, there will be a processing fee associated with the card.
Students and families may make one-time payments through Nelnet. To access Nelnet, log in to the Campus portal and search "Nelnet" to access the one-time payment tool.
Salve Regina understands that education expenses are easier to pay when spread over predictable monthly payments. Our interest-free monthly payment plan, offered in partnership with Nelnet, is an alternative to large annual or term payments and helps limit borrowing. Nelnet offers students the following monthly payment options:
- Six payments beginning July 1, final payment due Dec. 1
- Five payments beginning July 1, final payment due Nov. 1
- Five payments beginning Aug. 1, final payment due Dec. 1
- Four payments beginning Aug. 1, final payment due. Nov. 1
- Four payments beginning Sept. 1, final payment due Dec. 1
- Three payments beginning Oct. 1, final payment due Dec. 1
- Five payments beginning Dec. 1, final payment due April 1
- Five payments beginning Dec. 1, final payment due May 1
- Four payments beginning Jan. 1, final payment due April 1
- Four payments beginning Feb. 1, final payment due May 1
- Three payments beginning Feb. 1, final payment due April 1
- Three payments beginning March 1, final payment due May 1
Summer 1 Semester
- Two payments beginning May 1, final payment due June 1
Summer 2 Semester
- Two payments beginning July 1, final payment due Aug. 1
The $60 enrollment fee allows for convenient, interest-free monthly payments; 24-hour interactive access to account information through the Nelnet website; toll-free automated account information through Info Line; and personal account service Monday through Saturday.
For more information, or to enroll in the interest-free monthly payment plan, visit the student's My Salve account and follow the "Payment Plan and Billing" link, call (800) 609-8056 and speak with an education payment counselor or contact the Business Office for additional guidance.
Students may also add authorized parties to their Nelnet account so that payments can be made by other parties.
The Federal Parent Plus Loan and the Rhode Island Family Education Loan are two low-interest loans available to parents. Parents may borrow the costs remaining after financial aid is calculated. Interest rates for these loans are announced on or near July 1. Parents and students may combine the payment plan with a PLUS loan to minimize debt. Click here for more information.
Private loans for parents and/or students are available from many sources. Student borrowers usually need a credit-worthy cosigner. Terms and interest rates vary greatly, and families can usually find one that best suits their needs. Click here for more information.
Full-time undergraduate students can make a payment via Visa, Mastercard or Discover through Nelnet.
To process a credit card payment, visit the student’s My Salve account and follow the “Payment Plan and Billing” link or call (800) 609-8056 and speak with an education payment counselor. Please be advised that each transaction carries a convenience fee ranging from 2-3.5 percent based upon the card type.
A family tuition discount of 10 percent is granted to one student when two or more students from the same family are attending Salve Regina in the same program at the same time (both students must be enrolled in a full-time undergraduate program simultaneously). The deduction is applied directly to the student's tuition account each semester for as long as the multiple enrollment continues.
Salve Regina offers several payment options for graduate students, making it easy to preregister for classes in a timely manner while providing a flexible approach to payment.
Full payment: Available by check or Visa/Mastercard. The total payment for tuition, registration fee and any lab fees will be due at once.
Monthly payments: Our interest-free monthly payment plan, offered in partnership with Nelnet, is an alternative to large annual or term payments and helps limit borrowing. This option requires the signed promissory note on the payment option form. Nelnet allows students to spread their payments over three months. Fall semester payments are due Oct. 1, Nov. 1 and Dec. 1, while spring semester payments are due Feb. 1, March 1 and April 1. The enrollment fee is $60 per term, which allows for convenient, interest-free monthly payments; 24-hour interactive access to account information through Nelnet's website; toll-free automated account information through Info Line; and personal account service Monday through Saturday. For more information, or to enroll, visit your My Salve account and follow the “Payment Pan and Billing” link, call (800) 609-8056 and speak with an education payment counselor, or contact the Business Office for additional guidance.
Tuition reimbursement: Available to students whose employer (or another third- party) has authorized payment of all or part of the student's tuition. Students who choose to participate in this plan must email firstname.lastname@example.org a copy of their Human Resources reimbursement letter. The letter should indicate if the employer will only pay up to a certain dollar amount, whether or not payment is indicative or a particular grade at the end of the course, and the employer’s name/contact information. The $60 registration fee is nonrefundable.
Financial aid: Students who expect to receive financial aid for tuition and fees must have all forms completed and submitted at least one month prior to the start of classes or face possible late payment charges. An incomplete financial aid award can preclude students from enrolling and attending classes. A promissory note is required for this option. The amount due with the registration form ($60) is payment of the registration fee and is not refundable.
Salve Regina has partnered with Flywire to offer an innovative and streamlined way for international students to make a payment from their home country. Founded by a former international student, Flywire's mission is to save money for international students and their families that would otherwise be lost on bank fees and unfavorable foreign exchange rates.