[ARCHIVED CATALOG] 2015-2016 Graduate Academic Catalog 
    
    Feb 29, 2024  
[ARCHIVED CATALOG] 2015-2016 Graduate Academic Catalog [ARCHIVED CATALOG]

Financial Information



Financial Assistance

Graduate students, enrolled at least half time in a degree program, are eligible to receive federal financial aid. Federal grants are restricted to students enrolled in undergraduate programs.

The Federal Stafford Loan program is available to graduate students. Effective for loans made for periods of enrollment (loan periods) beginning on or after July 1, 2012, graduate students are no longer eligible to receive Federal Direct Subsidized Loans. All eligible students may receive an Unsubsidized Stafford Loan. Interest accrues on unsubsidized loans while a student is enrolled in school and during grace periods. When a borrower of any Stafford Loan ceases to be enrolled on at least a half-time basis, a six-month grace period begins; then the loan goes into repayment on principal and interest.

Financial Aid Application Process

Complete instructions are also available at www.saintleo.edu/finaid - click "The Financial Aid Process and How to Apply."

Apply for financial aid each year after January 1 at the FAFSA website (www.fafsa.ed.gov). Filing for federal aid is free — do not pay any service offering assistance. Accurate income tax information should be used and is accessible on the FAFSA website through the IRS data retrieval tool.

Apply early! Financial aid funds are limited. Filing your FAFSA after January 1 but before March 1 increases the opportunity to receive scholarships and grant funds. The FAFSA can be filed before official admission notification. Filing for financial aid does not affect admission to the University. Financial aid advisors are available to assist in the completion of the FAFSA.

Contacting Financial Aid Support:

By phone: 800/240-7658
By e-mail: finaid@saintleo.edu

Students (and parents of dependent students) can "sign" the Free Application for Federal Student Aid (FAFSA) electronically by requesting a Personal Identification Number (PIN) at the FAFSA website.

  • The PIN will be sent to the student, usually within 24-48 hours, depending on whether the PIN is sent electronically or via mail.
  • Use 2014 tax information for the 2015-2016 year.
  • Use 001526 on the FAFSA as the Saint Leo Federal School ID.
  1. The FAFSA is processed by a Central Processing Servicer (CPS), who will send each student a Student Aid Report (SAR). Saint Leo will also receive an electronic copy if listed on the FAFSA.
  2. After receiving the SAR, review it for accuracy. Corrections can be made online at www.fafsa.gov or by calling the Department of Education at 800/433-3243. The SAR will indicate if the student has been selected for "verification" by CPS. You will be notified via email of what documentation is required to complete verification. Additional information is located at www.saintleo.edu/verification.

Generally, financial aid cannot be awarded or disbursed after the end of the award year; therefore, timely submission of requested documents is imperative.

All required documents must be submitted prior to the last two weeks of your first term/semester. If you fail to submit the required documents prior to the deadline, you may not be eligible for financial aid.

  1. After the SAR has been received and reviewed by the Financial Aid Office, eligible students will receive an award letter. The award letter indicates what aid the student may receive if all requirements are met. Requirements to receive aid include the following:

Enrollment: All financial aid requires enrollment. Pell and FSEOG grants are adjusted according to enrollment. FSEOG requires at least half-time enrollment.

Florida state aid, such as FRAG and FSAG, requires (1) 12 credit hours enrollment and (2) enrollment for the entire semester (minimum 15 weeks or Fall 1 and Spring 2 or Spring 1 and Spring 2). Stafford loans require at least half-time enrollment for the entire loan period requested.

Eligibility: Any changes in eligibility may result in a reduction or elimination of award. To receive financial aid, a student must meet fundamental eligibility requirements:

  • be a citizen of the United States or permanent resident for federal and state funds
  • be enrolled as a degree-seeking student
  • be making satisfactory progress toward a degree
  • be registered with the Selective Service, if required
  • be a high school graduate or possess a high school equivalency
  • not be in default on a federal student loan*
  • not owe a repayment on a federal grant*
  • not have exceeded the annual or aggregate federal loan limits

*The National Student Loan Data System (NSLDS) must indicate that a student is not in default or owe a repayment of a federal grant before Saint Leo will award and/or disburse any federal or state funds to the student.

Fund availability: Funding may change during the course of the year because some funds, such as FSEOG and FSAG, have a limited amount of funds available. In addition, Florida and Georgia aid award amounts may change due to state budget adjustments.

  1. To apply for Stafford loans:

Saint Leo University participates in the Direct Loan Program. To receive a Stafford Loan, you must complete a master promissory note (MPN) and Entrance Counseling. The MPN and Entrance Counseling are available at www.studentaid.ed.gov.

Students who have already received a loan at Saint Leo:

  • In order to accept or decline the Stafford loans offered on your award letter in estimated status, you must go to eLion at elion.saintleo.edu. Under the heading Financial Aid, click on Accept (or Reject) My Financial Aid Awards.
  1. Deadlines: There are federal, state, and other deadlines that must be met in order to receive financial aid. Student Aid Reports must be received prior to the last day of attendance in order to be considered for eligibility. However, students should apply as early as possible, for applications are processed based on the current volume. Students applying for a student loan must accept the loan at least two weeks before the end of the requested loan period in order to be considered for eligibility.

Disbursement of Funds

Financial aid is disbursed assuming all requirements are met, within 10 days of the beginning of the term (8 week class) for term based students and 10 days of the beginning of the semester for semester based students. Requirements can include verification completion, enrollment and program specific requirements (example: half-time enrollment). Changes you make to the requirements can change your eligibility for financial aid funds.

Financial aid is disbursed directly to a student's eLion account. The funds are used to pay tuition and required fees, along with room and board, if applicable. Any remaining credit balance is issued in one of three ways as selected by the student: Higher One debit card, bank ACH transfer, paper check.

This complete policy is located at www.saintleo.edu/finaid.

Satisfactory Academic Progress (SAP)

All students receiving Federal Title IV financial aid, state aid or Saint Leo institutional aid must adhere to the university's published policy on satisfactory academic progress. The Higher Education Act as amended by Congress mandates that higher education institutions establish minimum standards of "satisfactory academic progress" for students receiving financial aid. This complete policy is located at www.saintleo.edu/ /sap.

One requirements to meet satisfactory academic progress is that students must pass 67 percent of all coursework attempted. Undergraduate students must earn a minimum cumulative GPA, on a 4 point scale, of 1.50 by the completion of 44 credit hours, 1.70 cumulative GPA by the completion of 59 credit hours and 2.0 by the completion of 60 credit hours. Graduate students must earn a minimum cumulative GPA of 3.0 on a 4 point scale. Students must complete their program within the maximum timeframe of 150%.

Satisfactory academic progress standards are evaluated at the end of each payment period (semester). Students receive a warning when not meeting all or part of the standard requirements and are given one additional term to meet the standard requirements. Those that do not meet the standard requirements after the warning period are not eligible for financial aid. Ineligible students may be able to appeal the decision. Complete details are available at www.saintleo.edu/sap.

Fees and Costs

Policies Common to the Graduate Degree Programs

Tuition and Fees

Master of Business Administration and Master of Accounting tuition on ground (per credit hour) $485
Master of Business Administration online tuition (civilian rate) (per credit hour) $695
Master of Business Administration online tuition (military rate) (per credit hour) $515
Master of Business Administration - International tuition (per credit hour) $695
Doctorate in Business Administration tuition (DBA) in Management (per credit hour) $900
Criminal Justice Management Graduate Certificate $470
Master of Science in Criminal Justice tuition (per credit hour) $485
Master of Science in Critical Incident Management tuition (per credit hour) $470
Master of Critical Incident Management tuition (per credit hour) $485
Master of Science in Cybersecurity tuition (per credit hour) $695
Master of Education, Master of Science in Instructional Design, and Education Specialist tuition (per credit hour) $450
Master of Human Services tuition (per credit hour) $485
Master of Social Work tuition (per credit hour) $450
Master of Public Safety tuition (per credit hour) $485
Navy Pace Graduate tuition (per credit hour) $405
Master of Arts in Theology tuition (per credit hour) $450*

*The Saint Leo Scholars Program supplements the Master in Theology tuition as part of the Catholic Mission of Saint Leo University.

Other Fees

Application Fee $80
Master's in Education Portfolio or Exam Reading Fee $100
International Credential Evaluation Fee $235
Graduation Fee (regardless of participation in Commencement) $115
Certificate Fee $60
Replacement Diploma $30
I.D. or Food Card Replacement $25
Returned Check Fee Maximum allowed by state
Research Fee (accounts over 5 years old) Maximum allowed by state
Capstone Course Assessment Fee* $50-$175*

*Varies by capstone course.

Registration/Transcripts/Withdrawal

Late Registration or Payment $30
Transcripts $7
Rush and Overnight Delivery $32

Parking Decal

Resident student (includes sales tax) $60
Non-resident student (includes sales tax) $30

Course fees may apply.

Late Fees

Unpaid balances are subject to a late fee of 1% monthly (12% annually).  Late fees are assessed 60 days after term start.

Past-Due Accounts

When a student leaves the University owing money, his or her receivable balance is placed in collection status. These accounts may be assigned to an external collection agency after 90 days past due. Transcripts and diplomas will not be released until the account balance is zero.

Financial Responsibility

No transcripts, diplomas, certificates of attendance, or certain other official documents will be released if a student has financial indebtedness to the University. If a student leaves the University with an unpaid balance, the University will have no other choice but to hold the student responsible for any legal and/or collection fees incurred by the University in collecting the unpaid balance.

By enrolling in and attending University courses, students acknowledge and agree that they are responsible for all charges incurred as a result of their matriculation and enrollment in the University. This includes late charges, collection agency costs, and attorney's fees imposed on delinquent student accounts. In many instances, some of the charges may be settled by a student's sponsor, employer, or other interested party; however, the student is ultimately responsible for his or her account.

Withdrawing from Classes

Each student has the prerogative of dropping a course(s) during the drop/add period as published for each term. After the drop/add period and until the published last date for withdrawal, a letter grade of W will be assigned for each course that is dropped. Caution: Students who fall below full-time status, as defined by their program and course of study, will be considered part time and may cause their financial aid status to be reexamined. Failure to attend class or merely giving notice to a faculty member will not be regarded as an official notice of withdrawal. Failure to properly withdraw will result in a grade of FA. Deadlines for withdrawal from courses are reflected on the published schedule. Course withdrawal does not cancel any student indebtedness to the University.

Refunds for students who withdraw from a class or classes shall be calculated according to the schedule that follows.

Refunds of Tuition and Course Fees

Refunds for Saint Leo University students who withdraw before 25 percent of the term/semester has been completed shall be calculated on a pro rata basis as defined by federal regulations.

Refunds of tuition for withdrawal from courses are given according to the following schedule. Note that if you are enrolled at a Saint Leo University Continuing Education Center and/or online program in Georgia or South Carolina, please proceed to the applicable schedule.

Tuition:

100% tuition refund if course withdrawal occurs by the end of the add/drop period.

75% tuition refund if course withdrawal occurs after add/drop and before the end of week two.

No refund for any course with withdrawal after the end of week two.*

*Policy does not apply to students enrolled at a Saint Leo University Continuing Education Center and/or online programs in Georgia, South Carolina, and Virginia.

Laboratory and special course fees are 100-percent refundable if withdrawal occurs before the end of the drop/add period. After classes begin, laboratory and special course fees are nonrefundable.

Refunds due students who have credit balances in their tuition account will automatically be issued within 14 days. Appeals regarding refunds shall be submitted in writing to the Business Office, MC 2097, Saint Leo University, P.O. Box 6665, Saint Leo, FL 33574-6665.

Refunds of Tuition and Course Fees (Georgia)

Refund policy for students enrolled in courses at Saint Leo University Continuing Education Centers and/or online programs in Georgia.

Refunds of tuition for withdrawal from courses are given on the following schedule:

Tuition:

100% tuition refund if course withdrawal occurs by the end of the add/drop period.

75% tuition refund if course withdrawal occurs after add/drop and before less than 25% of the course term is completed.

50% tuition refund if course withdrawal occurs after more than 25% and less than 50% of the course term is completed.

No refund for any course with withdrawal after 50% of the term is completed.

Laboratory and special course fees are 100-percent refundable if withdrawal occurs before the end of the drop/add period. After classes begin, laboratory and special course fees are nonrefundable.

Refunds due students who have credit balances in their tuition account will automatically be issued within 14 days. Appeals regarding refunds shall be submitted in writing to the Business Office, MC 2097, Saint Leo University, P.O. Box 6665, Saint Leo, FL 33574-6665.

Refunds of Tuition and Course Fees (South Carolina)

Refund policy for students enrolled in courses at Saint Leo University Continuing Education Centers and/or online programs in South Carolina.

Refunds of tuition for withdrawal from courses are given on the following schedule:

Tuition:

100% tuition refund if course withdrawal occurs by the end of the add/drop period.

75% tuition refund if course withdrawal occurs after add/drop and before 25% of the course is completed.

60% tuition refund if course withdrawal occurs after 25% of the course is completed but before 38% of the course is completed.

50% tuition refund if course withdrawal occurs after 38% of the course has been completed but before 50% of the course has been completed.

30% tuition refund if course withdrawal occurs after 50% of the course has been completed but before 60% of the course has been completed.

No refund for any course with withdrawal after 60% of the course has been completed.

Laboratory and special course fees are 100-percent refundable if withdrawal occurs before the end of the drop/add period. After classes begin, laboratory and special course fees are nonrefundable.

Refunds due students who have credit balances in their tuition account will automatically be issued within 14 days. Appeals regarding refunds shall be submitted in writing to the Business Office, MC 2097, Saint Leo University, P.O. Box 6665, Saint Leo, FL 33574-6665.

Refunds of Tuition and Course Fees (Maryland)

Refund policy for students enrolled in courses at Saint Leo University Continuing Education Centers and/or online programs in Maryland.

Refunds of tuition for withdrawal from courses are given on the following schedule:

100% tuition refund if course withdrawal occurs by the end of the add/drop period.

80% tuition refund if course withdrawal occurs after add/drop and before 20% of the course is completed.

60% tuition refund if course withdrawal occurs after 20% of the course is completed but before 30% of the course is completed.

40% tuition refund if course withdrawal occurs after 30% of the course has been completed but before 40% of the course has been completed.

20% tuition refund if course withdrawal occurs after 40% of the course has been completed but before 60% of the course has been completed.

No refund for any course with withdrawal after 60% of the course has been completed.

Refunds of Tuition and Course Fees (Wisconsin)

Refund policy for students enrolled in courses at Saint Leo University Continuing Education Centers and/or online programs in Wisconsin.

Refunds of tuition for withdrawal from courses are given on the following schedule:

100% tuition refund if course withdrawal occurs by the end of the add/drop period.

80% tuition refund if course withdrawal occurs after add/drop and before 20% of the course is completed.

70% tuition refund if course withdrawal occurs after 20% of the course is completed but before 30% of the course is completed.

60% tuition refund if course withdrawal occurs after 30% of the course has been completed but before 40% of the course has been completed.

50% tuition refund if course withdrawal occurs after 40% of the course has been completed but before 50% of the course has been completed.

40% tuition refund if course withdrawal occurs after 50% of the course has been completed but before 60% of the course has been completed.

No refund for any course with withdrawal after 60% of the course has been completed.