What's on this page?
Financial Aid
Costs
Eligibility
- What are the minimum credits required for financial aid eligibility?
Financial Aid
Introduction
Xavier has traditionally offered the opportunity of a college education to academically qualified students, regardless of the financial resources of the student or the student's family. Although Xavier feels that the student and family have the responsibility to contribute to the cost of a college education, the University is prepared to provide financial assistance. In fact, 80% of the students attending Xavier receive some financial aid.
Sources of Financial Aid
Money for a student's financial aid package comes primarily from four sources -- the federal government, the state government, Xavier University, and private programs. The federal government supplies the majority of financial aid. Federal grant programs include: the Federal Pell Grant, Federal Supplemental Opportunity Grants (FSEOG), Louisiana Go Grant (LAGO) and the Federal TEACH Grant (TEACH). Loans include: the Federal Perkins Loans, Federal Direct Student Loans, and Federal Direct Unsubsidized Loans, Federal Subsidized Student Loans, Federal Unsubsidized Loans, the Federal Parent Loans (PLUS), the Federal Graduate/Professional PLUS loan and the Federal Direct PLUS Loans. The Federal College Work-Study Program provides work aid. The State of Louisiana offers Leveraging Education Assistance Partnerships (LEAP), formerly the SSIG.
How to Apply for Financial Aid
All students must apply for financial aid using the Free Application for Federal Student Aid Form to determine their eligibility for aid (including all loans). Students are encouraged to file a Financial Aid Application on the web at www.fafsa.ed.gov . If a paper application is needed it can be obtained from a local High School Counselor or the nearest Universities Financial Aid Office. The paper applications MUST be mailed to the address listed on the application.
When to Apply
All students must file for financial aid as soon as possible after January 1 of each year. Follow all instructions carefully when completing the forms. The student will receive an Electronic Student Aid Report (SAR) as a result of filing.
The Office of Financial Aid at Xavier University will work with the student to help him/her identify ways to finance his/her college education, but may have limited options because of federal regulations or a shortage of funds.
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How Eligibility for Financial Aid is Determined
The eligibility for financial aid is determined by the Federal Government Central Processing Center using the information provided by the parents and students on the Financial Aid Application.
Once a student files the Federal Financial Application using Xavier University’s school code (002032), the Financial Aid Office will receive the student’s records electronically. The counselors then evaluate the records and if valid, an Award Notification letter will be mailed to the students. The letter will offer all financial aid that the student was determined eligible to receive. If the records are invalid or rejected, the student and/or parents must provide the requested required documents before award notification may be mailed.
The Award Notification letter must be electronically signed by the student indicating acceptance or denial of the financial aid award and returned to the Financial Aid Office. All financial aid is awarded on a “first come, first served” basis and on the availability of funds. In addition, students must meet the Standards for Satisfactory Academic Progress.
If a student stops attending classes, the amount of financial aid awarded must be recalculated based on the last date of attendance.
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Satisfactory Academic Progress Policy for Financial Aid Eligibility
Federal regulations require all students receiving Federal Title IV financial aid funds to maintain standards of satisfactory academic progress in the pursuit of their degree. Satisfactory Academic Progress (SAP) is defined as a set of standards of academic success, which includes qualitative (g.p.a.) and quantitative (number of hours completed) measures that a student must maintain to retain eligibility for federal financial aid. The maximum time frame for completing an undergraduate degree cannot exceed 150% of the published length of the student’s program of study measured in credit hours attempted (128 hours X 1.5 = 192 hours, or higher for programs in excess of 128). SAP is monitored annually — at the conclusion of the spring semester for the preceding summer/fall/spring academic year.
IMPORTANT: YOU CAN ONLY RECEIVE AN APPEAL TWICE DURING YOUR MARTICULATION AT XAVIER UNIVERSITY.
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Guidelines
Fulltime (12+ hours per semester) students will be allowed six academic years in which to complete a degree. Part-time students will be considered on a pro rata basis equivalent to requirements of full-time students. The number of hours in which a student is enrolled on the first day following the end of the add/drop period will be the official number of hours used to determine full-time or part-time status. Full-
time students who drop below 12 semester hours following this date will still be considered full-time students for financial aid eligibility. Satisfactory Academic Progress for financial aid eligibility requires that the student’s ratio of completed (earned) semester credit hours versus the student’s enrolled (attempted) semester credit hours at end of drop/add period adhere to the following guidelines:
COLLEGE OF ARTS & SCIENCES (UNDERGRADUATES AND P1 STUDENTS)
| HOURS ATTEMPTED |
PERCENT OF EARNED HOURS NEEDED |
MINIMUM GRADE POINT AVERAGE REQUIRED |
| 0-48 |
50% |
1.8 |
| 49-75 |
55% |
2.0 |
| 76-100 |
60% |
2.0 |
| 101-125 |
65% |
2.0 |
| 126 and above |
70% |
2.0 |
COLLEGE OF PHARMACY (P2, P3, P4)
| HOURS ATTEMPTED |
PERCENT OF EARNED HOURS NEEDED |
MINIMUM GRADE POINT AVERAGE REQUIRED |
| 67 hours and above |
75% |
2.0 |
GRADUATE SCHOOL
| HOURS ATTEMPTED |
PERCENT OF EARNED HOURS NEEDED |
MINIMUM GRADE POINT AVERAGE REQUIRED |
| 3 - 42 hours and above |
75% |
3.0 |
Course withdrawals, remedial courses and incomplete courses are counted in the hours attempted towards the quantitative measure of the satisfactory academic progress policy.
Course withdrawals and incompletes are not counted in the student’s grade point average and are not counted in the qualitative measure of the satisfactory academic progress policy.
Transfer credits earned prior to the student’s enrollment at Xavier University will be used for qualitative measure purposes to determine the minimum required earned hours.
Hours attempted and hours completed in summer school will be included in calculation of eligibility.
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Appeals Process
Students whose financial aid eligibility has been suspended due to failure to meet the above criteria may appeal their ineligibility if there are mitigating circumstances. Mitigating circumstances are defined as a change in grades or major, serious illness or injury, death of a family member or similar traumatic event. The appeal must be filed in writing within six weeks of notification of ineligibility. Students who appeal must use the Satisfactory Academic Progress (SAP) Appeal Form . All appeals must include supporting documentation (grade or major change form/s, doctor’s statement, death certificate, etc.) to regain eligibility. The appeal may not be based on the student’s need for the funds nor the lack of knowledge that eligibility for financial aid was in jeopardy. The Financial Aid Appeal Committee will review the appeal within two weeks of the deadline for filing all appeals provided all necessary documentation has been submitted; the students will be notified of the committee’s decision by mail. The Committee will not review Appeal Forms that are incomplete and/or lacking the required verification. The completed SAP Appeal Form should be sent to:
Xavier University of Louisiana
Director, Continuing Student Success
P. O. Box 164
One Drexel Drive
New Orleans, LA 70125
If the appeal is denied, the student may continue at his/her expense in order to regain his/her eligibility. Students will automatically be reinstated once they have completed an academic year with Satisfactory Academic Progress.
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Costs
What will it cost to attend the University?
Educational costs depend on your program of study, the number of hours enrolled and your living expenses. Costs for full-time tuition and fees range from $14,690 for
freshmen to more than $20,780 per year for College of Pharmacy students.
More information about costs is available on the Cost of Attendance page.
Students will not be allowed to receive financial aid in excess of their cost of attendance, regardless of the sources of funds. This includes, but is not limited to: federal, state, institutional, donor or external grants, gifts and scholarships.
How much financial aid will I receive?
Our cost of attendance budget includes average amounts for all expenses to attend Xavier University. These figures are based on the average living expenses in the New Orleans metropolitan area.
Although many factors help to determine the amount you receive, your Financial Aid award is based primarily on your demonstrated financial need.
Your need is the difference between the cost of attendance and the amount you and your family are expected to contribute (EFC - expected family contribution). Once you are admitted to the University, and your file is complete, the Office of Financial Aid will send you a Financial Aid Award Package.
See How to Apply for Aid -- Step 1: Submit a FASFA for more information on determining your need.
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What is my family's share?
You and your family are primarily responsible for financing your education. You and your family are expected to make a maximum effort to assist you with college expenses. You are also expected to contribute to your college expenses from sources that may include savings, summer earnings, monetary gifts from friends and relatives or other sources. Financial aid should be viewed as supplementary to your family’s contribution.
How is my family's share determined?
The income and asset information which you (and your parents if you are a dependent student, or your spouse if married) provide on the FAFSA enables the U.S. Department of Education’s Central Processing System (CPS) to determine your family contribution. Certain allowances such as the standard cost of living, retirement needs, and future indebtedness are considered and subtracted from total income and assets.
Eligibility
What are the minimum credits required for financial aid eligibility?
Fall/Spring
Semester |
Enrollment Status |
Full Time |
3/4 Time |
1/2 Time |
Less Than
1/2 Time |
Undergraduate |
12 |
9 |
6 |
3 |
Graduate |
9 |
- |
4 |
- |
Pharmacy |
12 |
- |
- |
- |
Note: Audited courses cannot be included in meeting the minimum required credit hours toward eligibility.
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