The SFC merit based scholarship is offered to all eligible students. Once a student is fully accepted with a 71+ GPA, they will be offered a scholarship ranging from $600- $12,000.

The SFC Faith Based Scholarship is for students who attend a faith based high school. The scholarship is awarded upon acceptance in the amount of $1,000.

St. Francis College is proud to offer Need-Based Aid in addition to any merit, legacy, or faith-based scholarships students are awarded.

Based on the information we’ve received from a student’s FASFA application we are able to award additional Need-Based Aid. The financial aid team is able to take into account your adjusted gross income, the number of people in your household, the number of household members attending college, and additional factors based on what’s reported on your FASFA application. This is meant to benefit all applicants regardless of income level.

Difference Makers is an academic service-learning program for high schools in NYC starting its 10th year in the fall of 2025.

Learn more at the Difference Makers website.

The Larkin Luminary Scholarship was created in memory of Brother George Larkin who served as Director of Admissions for 38 years and welcomed many of us into the world and family of SFC. Current SFC students and alumni can refer a prospective student first year or transfer student to the admissions office.

Any prospective student who comes through this referral program can receive a $500 annual and renewable scholarship once accepted.

Students who have a current sibling who attends SFC or a parent who attended SFC will receive a $1,000 annual and renewable scholarship once accepted.

Students can receive no more than one Larkin Luminary Scholarship.

Learn more and refer a future Terrier!

Each year the Robert J. McGuire Scholarship is open to local high performing first year applicants with a family adjusted gross incoming of $125,000 or less. Eligible applicants must complete a scholarship essay and attend Scholarship Day to participate in an interview.

Recipients will join a cohort of scholars who have access to additional scholarship opportunities of up to $9,000; a $1,000 book stipend; the opportunity to take a free summer or intercession course ($2,580 value); a dedicated personal academic advisor; an invitation to exclusive McGuire Scholar events; and networking and internship opportunities!

Learn more.

The Alumni Gratitude Tuition Discount Program is open to any SFC alumni who:

• Is in good standing with the college
• Has completed a Bachelor’s Degree and/or Master's Degree
• Graduated from classes of 2014 or later
• Is an active member of the SFC alumni community

Alumni who meet these requirements will be eligible to pay just $450 per credit- a 30% discount.

Learn more.

Special consideration is given to full-time transfer students who hold membership in Phi Theta Kappa and meet the established requirements of a 3.5 GPA with 60 accepted transfer credits upon entry to St. Francis College. The Phi Theta Kappa Scholarship is available for students entering St. Francis College in both the fall and spring semesters.

• Recipients will receive at least $10,000 annual and renewable scholarship
• PTK members will have the opportunity to apply for the Honors Program
• Their exceptional GPAs will provide them with substantial scholarship opportunities
• Rigorous courses that will prepare them for their careers after they graduate

Learn more.

Federal and State grants are based on financial needs determined by the Free Application for Federal Student Aid (FAFSA).

Federal Pell Grants

Federal Pell Grants are determined by the Department of Education based upon demonstrated financial need and full-time (12 credits minimum per semester) or part-time enrollment at SFC. Pell Grants may only be used toward the student’s first undergraduate degree.

The maximum Federal Pell Grant award for 2024-2025 is $7,395.00 (July 1, 2024, to June 30, 2025).

Federal SEOG (Supplemental Educational Opportunity Grant) Grant

Federal SEOG Grants are awarded by the Office of Financial Aid. Awards are determined for students through a combination of significant needs as demonstrated on the FAFSA & the availability of funds.

Award Amount: You can receive between $100 and $4,000 a year, depending on your financial need, when you apply, the amount of other aid you get, and the availability of funds at the college.

State grants are based on financial need determined by the Tuition Assistance Program.

New York State Tuition Assistance Program (TAP)

The Tuition Assistance Program (TAP), New York's largest grant program, helps eligible New York residents attending in-state post-secondary institutions pay for tuition. NYSTAP grants are based on the following:

• The academic year in which the first payment of TAP or any state award is received
• Type of postsecondary institution and the tuition charge
• Combined family NYS taxable income, Federal, State or local pension income and private pension and annuity income, if applicable
• Financial status (dependent or independent)
• Other family members enrolled in college
• Award Amount: TAP awards range from $500 to $5,665 per academic year.

Aide for Part-Time Student (APTS)

Part-time TAP helps eligible New York residents attending in-state post-secondary institutions on a part-time basis pay for tuition.

Award Amount is up to $2,000.00 within an academic year. Learn more.

There are two types of Federal Direct Loans—subsidized and unsubsidized. Both loans carry a fixed interest rate. Learn more.

Subsidized Federal Direct Loans

• Eligibility for a Subsidized Direct Loan is based on financial need as determined by the FAFSA.
• Subsidized Direct Loans allow for a deferment of principal payments while the student is enrolled at least half-time in a degree-seeking program.
• Students are allowed a six-month grace period upon leaving college before making payments on the principal and interest of the loan.
• Interest subsidies while the student is in school are paid for by the federal government.
• Learn more.

Unsubsidized Federal Direct Loans

• Unsubsidized Direct Loans allow for the deferment of principal payments while the student is enrolled at least half-time in a degree-seeking program.
• Students are allowed a six-month grace period upon leaving college before making payments on the principal and interest of the loan.
• Unsubsidized loans do not have an interest subsidy paid by the federal government. This means that interest will accrue on the loan during the in-school and six-month grace periods.

Award Amount is up to $5,500.00 for first-year college students. Learn more.

• Federal Direct PLUS Loans are unsubsidized loans that parents of dependent students can borrow to help pay for education expenses.
• The Department of Education will do a credit check as part of determining a parent’s eligibility for the loan.
• Direct PLUS Loans carry a fixed interest rate. Repayment begins 60 days after the last disbursement unless deferred and interest is charged during both in-school and out-of-school time periods. All fees, rates and benefits are subject to change based on new or updated Federal Legislation.
• Learn more

• Graduate students enrolled at least half-time and who do not have an adverse credit history.

• Loan Amounts: Students may borrow up to the cost of attendance minus any other financial aid received. The total education cost may include tuition, living allowance, books and supplies and transportation. Graduate students must use their Federal Direct Unsubsidized loan eligibility prior to applying for a Federal Direct Graduate PLUS loan.

• Interest Rates: If you receive a federal student loan, you will be required to repay that loan with interest. Make sure you understand how interest is calculated and the fees associated with your loan. Both of these factors will impact the amount you will be required to repay. Remember that interest rates and fees are generally lower for federal student loans than private student loans. You can learn more about the current student loan interest rates by visiting https://studentaid.gov.

Alternative student loans are offered by banks or lending institutions to help students and parents bridge the gap between the cost of education and the amount of financial aid received. St. Francis College encourages all students to apply first for federal and state financial aid. Alternative loans may provide the resources for educational expenses not covered by federal and state aid. The actual amount a person can borrow varies according to each student’s individual financial circumstance.