The University of Scranton (white text)

2024-2025 Financial Aid

Your Financial Aid notification lists the merit scholarship, grants and loans you qualify for.  The notification provides estimated costs and net university charges along with providing options to pay. 

The Financial Aid Office is committed to helping students and families to make an informed financial decision.  We look forward to working with you from now until graduation!  Our contact information is listed at the bottom of the left navigation.

University of Scranton Scholarships and Grants

University of Scranton grants and scholarships are renewable and limited to eight Undergraduate fall and spring terms. Aid not to exceed Gift Aid Policy. For scholarships that require students to maintain PACE (see Financial Aid Terms). 

Presidential Scholarship  
Merit-based, full-tuition scholarships awarded to incoming first-year students based on their exemplary academic record. To remain eligible, students must maintain a minimum cumulative GPA of 3.25 and maintain PACE.  

Dean’s Scholarship  
Merit-based partial-tuition scholarship awarded to incoming first-year students who demonstrate the highest level of academic achievement. Recipients must maintain a cumulative GPA of 3.25 and maintain PACE.  

Loyola Scholarship 
Partial-tuition scholarships are awarded to incoming first-year and incoming transfer students based on their prior academic record. Renewal is contingent upon the student maintaining a cumulative GPA of 2.75 and maintaining PACE.  
 
Faber Scholarship  
Partial-tuition scholarships are awarded to incoming first-year and incoming transfer students based on their prior academic record. Renewal is contingent upon the student maintaining a cumulative GPA of 2.50 and maintaining PACE.  
 
Business Analytics Scholarship  
Merit-based scholarship awarded to incoming first-year students on an annual basis for a maximum of four years, full-time, undergraduate study. Renewal is contingent upon enrollment in Business Analytics major, maintaining a cumulative GPA of 2.75 and PACE.  
 
Communication Sciences & Disorders Scholarship  
Merit-based scholarship awarded to incoming first-year students on an annual basis for a maximum of four years, full-time, undergraduate study. Renewal is contingent upon enrollment in Communication Sciences & Disorders major, maintaining a cumulative GPA of 2.75 and PACE.  
 
Cybercrime & Homeland Security Scholarship  
Merit-based scholarship awarded to incoming first-year students on an annual basis for a maximum of four years, full-time, undergraduate study. Renewal is contingent upon enrollment in Cybercrime & Homeland Security major, maintaining a cumulative GPA of 2.75 and PACE. 
 
Mathematical Sciences Scholarship  
Merit-based scholarship awarded to incoming first-year students on an annual basis for a maximum of four years, full-time, undergraduate study. Renewal is contingent upon enrollment in Mathematical Sciences major, maintaining a cumulative GPA of 2.75 and PACE.  
 
Mechanical Engineering Scholarship  
Merit-based scholarship awarded to incoming first-year students on an annual basis for a maximum of four years, full-time, undergraduate study. Renewal is contingent upon enrollment in Mechanical Engineering major, maintaining a cumulative GPA of 2.75 and PACE (see Financial Aid Terms and Conditions).  
 
University Award  
Partial-tuition award, in recognition of high school achievement. Recipients must maintain a minimum of 2.50 and maintain PACE (see Financial Aid Terms and Conditions)  
 
University Grant  
These grants are awarded to students who demonstrate financial need. Non-renewable. Students must file the FAFSA.  
 
Xavier Grant  
These grants are awarded to students who demonstrate financial need. Renewal is contingent upon the student maintaining a cumulative GPA of 2.00, maintaining PACE (see Financial Aid Terms and Conditions), and continued demonstrated financial need. Students must file the FAFSA each academic year.  
 
Terms and Conditions of Merit-Based Scholarships  
Students who transfer out of the university to attend another institution automatically forfeit their merit scholarship upon return to The University of Scranton and will only be considered for need based aid.  
 
Endowed Awards  
Endowed and Special Awards are funds that benefactors provide to The University of Scranton to assist students in accordance with the award guidelines. To remain eligible, students must maintain the cumulative GPA assigned to their original scholarship fund and maintain PACE (see Financial Aid Terms and Conditions).  
 
 
Awards for Non-Traditional Undergraduate Students  
Dexter Hanley Full-Time Grant  
For non-traditional undergraduate students enrolled for a minimum of 12 credits per term. Recipients are chosen based upon demonstrated financial need. Renewal of this award is contingent upon the student maintaining a minimum cumulative GPA of 2.00 and maintaining PACE. Students must file a FAFSA each academic year.  
 
Dexter Hanley Part-Time Grant  
For non-traditional undergraduate students enrolled for fewer than 12 credits per term. Recipients are chosen based upon demonstrated financial need. Renewal of this award is contingent upon the student maintaining a minimum cumulative GPA of 2.00 and maintaining PACE. Students must file the FAFSA each academic year.  
 
Special Scholarships  
Other scholarships available to non-traditional undergraduate students are the Robert L. McDevitt Scholarship, the Newcombe Scholarship for Mature Women, and the Oppenheim Award. To be considered for the McDevitt Scholarship, the student must demonstrate financial need and academic excellence. To be considered for the Newcombe Scholarship, candidates must be an undergraduate, mature student (defined as students 25 years of age and older). If there are not sufficient undergraduate candidates, scholarship funds may be awarded to graduate, mature students who are studying in any of the helping professions (including but not limited to social work, nursing, education and physical therapy or occupational therapy). To be considered for the Oppenheim Award, students must demonstrate financial need. Preference is given to displaced homemakers. Renewal is contingent upon the student maintaining a cumulative GPA of 3.00 and maintaining PACE. Students must file the FAFSA each academic year.  
 
Graduate Merit Scholarships  

Students accepted into an accelerated or direct entry program listed below are eligible for merit scholarships as outlined in your acceptance letter with amounts. 

Accelerated Master of Business Administration  
Students accepted into the Accelerated Master of Business program qualify for a scholarship for their graduate year, provided you meet all University of Scranton requirements. To be split between your fall and spring terms of your fifth year, this one-year, merit-based scholarship applies to your on-campus, graduate business degree.  
 
Accelerated Master of Health Administration  
Students accepted into the Accelerated BS/MHA program qualify for a scholarship for their graduate year, provided you meet all University of Scranton requirements. To be split between your fall and spring terms of your fifth year, this one-year, merit-based scholarship applies to your on-campus, graduate health administration degree.  
 
Accelerated CAS Bachelor’s/MBA  
Students accepted into the Accelerated BS/MBA program qualify for a scholarship for their graduate year, provided you meet all University of Scranton requirements. To be split between your fall and spring terms of your fifth year, this one-year, merit-based scholarship applies to your on-campus, graduate business administration degree.  
 
Accelerated Master of Science in Human Resource Management  
Students accepted into the Accelerated BS/HR program qualify for a scholarship for their graduate year, provided you meet all University of Scranton requirements. To be split between your fall and spring terms of your fifth year, this one-year, merit-based scholarship applies to your graduate human resources management degree.  
 
Doctor of Physical Therapy (DPT) Scholarship  
Students accepted as guaranteed seating for our Doctorate of Physical Therapy program qualify for a scholarship for their graduate years. The award, offered as annually, will be split between the fall and spring terms for each of your 3 years of the doctoral program and applies to your on-campus, graduate DPT Degree in the Panuska College of Professional Studies.  
 
Masters of Accountancy and MS in Applied Behavior Analysis Programs Only University Graduate Award 
On-campus, traditional applicants only (excludes combined/accelerated and international applicants). One-time award offered to new students in main terms (fall or spring).

Graduate Occupational Therapy  
Incoming first-year students accepted into our Occupational Therapy program will qualify for merit-based scholarship for our Masters Occupational Therapy program based on their final undergraduate cumulative grade point.  The award will be split between fall and spring terms.

Financial Aid Terms

Financial Aid Award Notification: A summary of financial assistance and awards from The University of Scranton.
Free Application for Federal Student Aid (FAFSA): The FAFSA is a U.S. government application that gives students the ability to receive federal, state and institutional aid. To complete the FAFSA and for more information, visit studentaid.gov/fafsa.
Student Aid Index (SAI): The U.S. government uses a formula established by law to identify a student aid index (family contribution) using information provided in the FAFSA. The University uses the SAI as part of its process to determine federal aid eligibility and eligibility for any University awards. The SAI is not the amount your family must pay for school.
University Scholarships: An award from The University of Scranton based on high school achievement (merit). Accepted applicants are automatically evaluated for merit scholarships based on their admissions application. No special application is required. Scholarships do not need to be repaid.
University Grants: An award from The University of Scranton based on information provided in the FAFSA to assist students who demonstrate financial need. Grants do not need to be repaid.
University Award: A partial tuition award based on high school achievement or other factors. University awards do not need to be repaid.
Student Financial Success Program: The University of Scranton effort to assist all students in making sound financial decisions throughout their college years and beyond. It includes campus educational programs and online resources free to all students.
Federal Aid: Must file the FAFSA.
Federal Pell Grant: For undergraduate students with exceptional financial need as determined by the FAFSA. Grants do not have to be repaid.
Federal Supplemental Educational Opportunity Grant (SEOG): For undergraduate students with exceptional financial need as determined by the FAFSA. SEOG grants do not have to be repaid.
Federal Work Study: Provides part-time employment during the academic year and summer to students who demonstrate financial need. Federal work study opportunities are available for both on and off-campus in community service learning positions.
Federal Direct Student Loans: By filing the FAFSA, students will be offered direct loans as part of the University Financial Aid Award Notification. Loans must be repaid. There are two types of Direct
Loans available:
Direct Subsidized Loan: Loans made to undergraduate students who demonstrate financial need. The U.S. Department of Education pays the interest on the loan.
Direct Unsubsidized Loan: Loans made to undergraduate students that are not based on financial need. The student is responsible for interest that accrues as soon as you receive the money on your student account.
State Grants: By filing the FAFSA, you may be eligible to receive a state grant based on your state residence for Delaware, Massachusetts, Ohio, Pennsylvania, Vermont, Washington D.C. and West Virginia.
Pennsylvania State Grant Program: For undergraduate students, this is a need-based grant for Pennsylvania residents only. Eligibility is based on financial need as determined by PHEAA. In addition to the FAFSA, students must complete a Pennsylvania State Grant status notice.
PACE: Satisfactory progress requirement for student to maintain (earn 65% of total attempted credits for first-year and sophomore undergraduates; 70% for junior and senior undergraduates, and graduate students).
University of Scranton Family Tuition Reduction Program: Families with two or more dependent children attending The University of Scranton during the same semester as full-time undergraduate students are eligible for a 10% tuition discount on tuition for each student.
Direct Costs: Items that will appear on your University bill, such as tuition, fees, and housing and food (if you live on campus).
Cost of Attendance (COA): The total estimated expenses for one year to attend a specific university and is used to determine your eligibility for financial aid, such as grants and loans. COA includes tuition, housing and food, books, supplies, transportation, loan fees, and miscellaneous expenses that you may incur.
Indirect Costs: Estimates of out-of-pocket expenses that you may have when attending the University, including books and personal expenses. You will not be charged for these on your bill. Examples include:
  • Books and Supplies - $1,300
  • Transportation - Residents $700
  • Transportation - Commuter  $1,300
  • Personal Expenses - $1,000

© 2024 University of Scranton

Scroll to Top