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How to Apply for Financial Aid

Step 1: Free Application for Federal Student Aid

  • Apply for Personal Identification Number (PIN) at www.pin.ed.gov
  • Complete FAFSA at www.fafsa.ed.gov
  • Saint Mary’s University of Minnesota Federal School Code: 002380

Step 2: Receive Student Aid Report (SAR)

  • Review SAR for incorrect information, missing information or a request for additional documentation
  • Make corrections at www.fafsa.ed.gov
  • If additional documentation is required, submit request to the appropriate office: Saint Mary's University of Minnesota Financial Aid Office, 2500 Park Avenue, Minneapolis, MN 55404, or, 700 Terrace Heights #5, Winona, MN 55987.

Step 3: Verify eligibility to receive federal student aid

  • Be a fully, admitted degree seeking student at Saint Mary’s University of Minnesota
  • Be registered as a half-time student; typically defined as 4 graduate credits at Saint Mary’s University of Minnesota

Step 4: Receive Award Letter from Financial Aid Office

  • A financial aid award letter will be sent 6-8 weeks after completed FAFSA has been received and student is fully admitted and registered as a half-time student.
  • The financial aid award letter will state the type and amount of the Federal Stafford Loan you may borrow.
  • Complete the Stafford Loan Entrance Counseling and Master Promissory Note which can be found on www.smumn.edu/loans.
  • Return the required paperwork to the appropraite Financial Aid Office.

Step 5: Disbursement of Financial Aid

  • Loans will be applied to a student's tuition account within 10 days of the scheduled 1st semester disbursement date.
  • After tuition has been paid, any excess funds will be returned to the student by the Business Office within 10 business days as long as the student maintains a half-time status.

Return Financial Aid paperwork and additional documentation to Saint Mary's University of Minnesota, based on location.

Twin Cities Campus (includes programs administered in Apple Valley, Minnetonka, and Rochester)

Financial Aid Office
2500 Park Avenue
Minneapolis, MN 55404

Winona Campus

Financial Aid Office
700 Terrace Heights #5
Winona, MN 55987