Financial Aid
Supporting Saint Charles Borromeo Seminary’s commitment to helping seminarians meet educational costs, the Financial Aid Department assists seminarians in obtaining grants,and loans to help meet education expenses.
No man interested in Saint Charles Borromeo Seminary should hesitate to apply because of financial circumstances. The Financial Aid Department will help make it financially possible for an applicant to enroll.
Saint Charles Borromeo Seminary’s Financial Aid Department coordinates the awarding of institutional funds with aid from government agencies. Thus, financial aid is usually awarded in “packages” (combinations of “gifts” and “self-help”) according to federal, state, and seminary regulations. Each “package” is individually designed according to the seminarian’s (or family’s) financial need.
Saint Charles Borromeo Seminary participates in the Federal Direct Student Loan Programs, the Federal Pell Grant Program, the Supplemental Educational Opportunity Grant Program, and the Pennsylvania Higher Education Assistance Agency (PHEAA) Grant Program. Besides these federal and state programs, financial aid may also be provided by private donors and foundations. All these dollars are disbursed in the form of grants, scholarships and loans. Saint Charles Borromeo is a VA eligible institution.
Grants and scholarships are “gifts” to the seminarian which do not have to be repaid. These two forms of aid may carry certain requirements which the seminarian must meet in order to qualify. Loans are monies which must be repaid to the Federal Government by the seminarian after graduation. These are usually characterized by interest rates and monthly payments which are much lower than personal loans.
If you have not already done so, please complete a Free Application for Federal Student Aid (FAFSA) form (available online at www.fafsa.gov).
Any questions regarding financial aid can be directed to the Financial Aid Office at 610-785-6582.
- Seminary Financial Aid Application Form for the 2017-2018 Academic Year
- Student Financial Aid Application Process
- NetPrice Calculator
Students seeking additional Financial Aid should contact:
Nora Downey
Financial Aid Coordinator
Financial Services Office
610-785-6582Office Hours: Wednesdays 7:30am - 2:30pm
Financial Aid Websites
- www.fafsa.ed.gov - Free application for Federal Student Aid
- www.studentloans.gov - Department of Education website to complete the Federal Direct Loan, Master Promissory Note, and Federal Direct Loan Entrance Counseling
- www.PHEAA.org - PA Higher Education website
- www.YouCanDealWithIt.com - for soon-to-be college graduates regarding debt management and other important information
- www.votepa.com - Pa. voters registration website.
- http://nces.ed.gov - College Navigator Website
Emergency Grants to Students under the CORONAVIRUS Aid, Relief, and Economic Security (CARES) Act
Saint Charles Borromeo Seminary has signed and returned the Recipient’s Funding Certification and Agreement to the Department of Education and has awarded 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to our students.
Saint Charles Borromeo Seminary has received and awarded $31,292.00 to students as of 45 days from receipt of funding.
The estimated number of students at our institution who participated in the Federal student financial aid programs during the Spring 2020 semester was 23 students. Twenty-three students received an Emergency Financial Aid Grant
The Emergency Grant was awarded in two different amounts. Federal Pell Grant eligible students were awarded a $1,787.50 Grant and Federal Direct Loan eligible students were awarded a $1,150.00 Grant.
The Emergency Grants to students provided a valuable resource to our students during these economically challenging times.