Financial Aid Services

The mission of our Financial Aid office is to provide access to postsecondary education by rewarding academic achievement and by reducing the financial barriers that would otherwise prevent students from attending St. Gregory's University. We administer programs of merit aid-scholarships, as well as need-based aid, including grants, loans and work-study. The diversity and individuality of our student body is an important consideration in the varied programs of assistance and services we offer.

The links below will provide you with information about financial aid assistance for both new and returning students.

Additional Information: The St. Gregory’s University Federal School Code is 003183.

St. Gregory's University Loan Procedures

DIRECT LOANS All borrowers, whether you are a “NEW” or “RETURNING” student, must complete and return to Financial Aid Services the Direct Loan Certification & EFT Authorization form received from the university.

Only “NEW” borrowers, who accept their loan amount on their Financial Aid Award Letter, must complete both the Direct Loan Entrance Counseling and the Student Direct Loan Master Promissory Note. Use the Internet addresses below to complete this process:

Direct Loan Entrance Counseling
https://www.studentloans.gov/myDirectLoan/Index.action
&
Student Direct Loan Master Promissory Note
https://www.studentloans.gov/myDirectLoan/Index.action

PARENT/GRADUATE STUDENT “PLUS” LOANS Parents of dependent students and Graduate students can apply for a PLUS Loan. A credit check is required to qualify. If a parent is denied, the dependent student may qualify for an additional, unsubsidized loan. To apply, visit the following websites:

The PLUS Request Process:
https://www.studentloans.gov/myDirectLoan/Index.action
&
Endorse the PLUS Loan
https://www.studentloans.gov/myDirectLoan/Index.action

You must complete the Direct Loan and/or Plus application and Master Promissory Note application process to obtain your approved loans. Loans will not be processed until these forms are completed. If you have questions, please contact your St. Gregory's Financial Aid Services representative at (405) 878-5448 for the Traditional Program and (405) 878-5214 for the Adult Degree Program.

Verification requirements

If selected for verification, IRS Tax Return Transcripts are required. Tax filers can request IRS transcript, free of charge, one of three ways listed below:

1. Online Request

Use the IRS Website. In the Online Services section of IRS homepage, click on "Order a Tax Return or Account Transcript". The IRS Tax Return Transcripts requested online cannot be sent directly to a third party by the IRS.

2. Telephone Request

Call the IRS at 800-908-9946. The IRS Tax Return Transcripts requested by telephone cannot be sent directly to a third party by the IRS.

3. Paper Request Form – IRS Form 4506T-EZ

IRS Form 4506T-EZ must be completed to request an IRS Tax Return Transcript. Line 5 on IRS Form 4506T-EZ (pdf) allows tax filers the option to have IRS mail the Tax Return Transcript directly to a third party.

Download the full FAFSA Verfication Instructions

CURRENT STUDENTS

It is imperative that you monitor your St. Gregory's University Student email account so that you can read and respond, in a timely manner, to all correspondence from the Office of Financial Aid.

If you have unusual circumstances, review the “Special Conditions” form available under Financial Aid Forms to see if you qualify for a Professional Judgment consideration. If you have addition questions or need assistance, please call a member of our team at 405-878-5396.

SATISFACTORY ACADEMIC PROGRESS

To be eligible for financial assistance, federal financial aid and/or St. Gregory's University’s scholarships students must meet minimum Satisfactory Academic Progress Standards (SAP) as listed below.  Satisfactory academic progress is comprised of three areas as required by federal regulations (General Provision CRF 668.1).  A student must complete their degree within a specified period, demonstrate they are making progress towards the completion of their degree by earning a minimum number of credits hours each semester, and achieve a GPA that is consistent with meeting graduation requirements. This regulation applies to each financial aid applicant, whether a previous recipient or not.

Federal regulations require SGU to establish a standard maximum time frame. SGU's standard is 150% of the hours required to complete an undergraduate degree. All periods of enrollment are considered which includes all transfer work attempted.

Program                     Published Program Length               Maximum Credit Hours Aided
Associates                                  65                                                                 97
Bachelors                                   124                                                               186
Masters                                      36                                                                 54

Students must achieve the following minimum cumulative GPA: Undergraduate students are required to have a 2.0 and Graduate students 3.0 including transfer work attempted and remedial coursework.

If a student does not meet SAP requirements at the end of a payment period, SGU will grant the student one payment period and place the student on financial aid "Warning". At the end of the "Warning" period the student must have met the SAP requirements. If SAP is not met the student's financial aid will be suspended. The student will be able to submit an appeal. If the appeal is approved the student will be placed on "Probation" and given a prescribed Academic Plan. At the end of the probation students must have met the SAP requirement or their financial aid will be suspended. Students will be responsible for charges without the benefit of financial aid and must pay at their own expense until SAP has been reestablished. Once SAP is reestablished, the student will need to appeal for reinstatement of financial aid with Financial Aid Services.

If a student has financial aid suspended, the student will be notified by mail and given the opportunity to write a letter of appeal to the Financial Aid SAP Appeals Committee. The Committee will determine whether an additional term of aid eligibility would be appropriate due to extenuating circumstances of the appeal. If a student is suspended due to maximum attempted hours, the Committee will evaluate total transfer hours as approved by the student's academic advisor, hours needed to complete the degree at SGU and overall loan debt. If the appeal is denied due to maximum attempted hours, the student will not be eligible for aid and cannot regain eligibility. The Committee will notify the student of its decision by mail within 30 days after receipt of the appeal and required supporting documentations.