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Saint Louis University Financial Aid & Scholarships

100% Freshmen Get Financial Aid
$35,812 Average Grant & Scholarship
69% Undergrads Get Grant Aid

The majority of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Saint Louis University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financing options does SLU offer, and what will you qualify for? Keep scrolling for more information. Keep going to see just how much financial aid could be open to you.

Understanding SLU Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Saint Louis University.

Average Freshman Financial Aid at Saint Louis University

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.

For incoming first-year students at Saint Louis University, 100% of new full-time first-years were awarded at least some aid around 1768 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$44,657
Institutional grants & scholarships100%$42,174
Federal Pell grants25%$5,558
State/local grants23%$2,603
Federal student loans45%$5,295

Free Money: Grants and Scholarships at Saint Louis University

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At SLU, approximately 69% of undergraduates were awarded an average grant or scholarship of $35,812 (across approximately 7272 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)69%$35,812
Federal Pell grants17%$5,224
Federal student loans30%$6,434

For on-campus title-IV students, average grant aid came to $47,534.

Income-Adjusted Net Price at Saint Louis University

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$20,815
$30,001 – $75,000$21,976
Over $75,000$31,435

Each figure is the net price after grants and scholarships, not the published sticker price.

The Real Cost of Attending Saint Louis University

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$24,398
Off-campus title-IV students$27,075

To get a personalized net price estimate, try SLU’s net price tool: www.slu.edu/financial-aid/tuition-and-costs/calculator.php.

Median Student Debt for Graduates of Saint Louis University

The median student at SLU graduates with $19,500 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$19,500
Median federal debt (graduates only)$25,000
Typical 10-year monthly payment (graduates)$265.04/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Range of Student Debt at this School

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at SLU.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$11,000
75th percentile$27,209
90th percentile (highest-debt students)$38,500

Debt Outcomes by Student Group at Saint Louis University

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$19,000
Middle income$19,500
High income$20,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$19,500
Continuing-generation students$19,701

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$20,000
Independent students$16,000

Debt Burden Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at SLU.

Stafford Loan Activity at Saint Louis University

Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at SLU:

MetricValue
Stafford loan recipients37446
Total Stafford loan amount$1,395,161,302

Military and Veterans Aid at Saint Louis University

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients228
Total GI Bill amount$3,417,752
Average GI Bill amount per recipient$14,990

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients15
Total DoD amount$31,840
Average DoD amount per recipient$2,123

References

More about our data sources and methodologies.

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