students sitting on laptop for financial aid assistance.

Earning your degree at the Mount is possible. Our staff offers a number of valuable resources to make your ӣɬ education affordable.

2024-2025 FAFSA Processing Information

With significant changes to the FAFSA application and processing system, the 2024-2025 FAFSA was delayed. Schools have not begun receiving FAFSA data. Packaging of aid and Offer Letters for 2024-2025 are anticipated to begin by April 1st for new students and May 1st for returning students. Any changes to this process may be impacted by updates by the Department of Education.

We Care About Your Financial Aid Experience

Your success is our mission. The Office of Student Administrative Services is committed to your individualized success, that’s why we work to make a university education affordable. In addition to the resources offered in our office, we provide other tools and information to help you navigate the financial aid process.

Get Started to Apply for Financial Aid

You're more likely to qualify for federal, state, and college-offered grants if you file your FAFSA early Need-based aid is awarded on the basis of a student’s financial need calculated from the information supplied on the . Learn how to apply for and receive grants or loans in our step-by-step getting started guide.

nicholas jackson

Greatness within Grasp

Nicholas Jackson, Chemistry, '25

What are three things you would say to a student from your high school about the Mount?

 

"A lot of scholarships make it very affordable, professors really want to see you succeed, and in a small community, you can get to know a lot of people."

Financial Aid Tools

female student using laptop for financial aid.

Looking for scholarship opportunities as a freshman?

Visit our scholarships page for more information on any of the academic-performance based scholarships offered to undergraduate freshmen students at ӣɬ. 
student on laptop using financial aid net price calculator

Wondering what your estimated college tuition will amount to?

Our handy Net Price Calculator makes it easy for you to determine the approximate cost of an education at the Mount, after factoring in all financial aid and expected family contributions. 

Application Fee Waiver

Our institution proudly participates in the College Board’s SAT-to-College Application Fee-Waiver Program. If you took the SAT using a fee waiver, you automatically qualify for a college application fee waiver to apply for admission here at ӣɬ. .

ӣɬ Scholarships, Grants, & Loans

ӣɬ provides grants, scholarships, and loans to assist with your transition to college.

Scholarships

Scholarships are awards based on outstanding academic performance. These awards do not require repayment. We offer scholarships ranging from $500 to $22,000.

Scholarship Forms & Applications

Looking for forms or scholarship applications? Visit our Forms & Applications page for submission.

Grants

Grants are a form of aid typically based on financial need, provided by the the Mount, or federal or state government. Students who receive grants do not need to repay them. Available grants range from $500 to $11,000.

Loans

Loans are a sum of money lent at a specific interest rate for a specific time to students and parents to assist with university costs. They require repayment plus interest. The amount loaned varies depending on eligibility. Loans typically come from the federal government, private institutions or banks.

Payment plan

This interest-free monthly plan makes tuition payments more convenient and affordable. The Mount offers a payment plan through Nelnet that lets you pay all or part of your educational expenses in manageable monthly installments.

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University Student Employment Opportunities

We take pride in providing opportunities beyond the classroom for our students.

Students can earn money to help pay their university tuition through student employment. In addition to traditional jobs, students who qualify based on financial need can seek work study or Mount employment opportunities. Each year there are a limited number of Federal Work Study community service opportunities. Please contact us for details or watch for email notifications of available openings. Those who meet the necessary skill levels and professional requirements can apply for a , allowing them to earn credit and money.

 

Additional Financial Aid Resources

You aren’t the first student to apply for financial aid. Read case studies on how other students used financial aid to help make university affordable. You can apply what you learn to your financial aid application process.

Figuring out financial aid can be confusing, but you aren’t alone. Read  from the experts in the Office of Student Administrative Services on applying for and receiving financial aid. We also provide a helpful glossary so you can find out what commonly-used financial aid  actually mean.

We also provide convenient links to external Web sites that offer important financial aid information.

Contact the Office of Student Administrative Services

The Office of Student Administrative Services provides financial aid support to students at the Mount. If you have questions about applying for and receiving financial aid, contact us today.

Student Administrative Services/Financial Aid
Phone: (513) 244-4418
Email: financial.aid@msj.edu
5701 Delhi Road
Cincinnati, OH 45233-1670

 

Conlan Center Help Desk Hours

Monday-Friday: 8:30 a.m. to 4:30 p.m.

 

Financial Aid Terms

Expected Family Contribution (EFC): Primarily based on your family's prior year income, combined with assets, family size, and number of family members enrolled in college. The lower your EFC, the more need-based aid you may qualify for.

FAFSA (Free Application for Federal Student Aid): A standardized form used to determine your eligibility for need-based financial aid by collecting data about your family’s income and monetary assets.

Financial need: The difference between the annual cost of attendance and your EFC.

Grant: An award based on financial need that does not have to be repaid.

Loan: A sum of money lent at a specific rate of interest for a specific timeframe.

Financial Aid Offer: The total combination of scholarships, grants, loans, and employment offered to students to meet financial need.

Scholarship: An award that is typically based on ability and that does not have to be repaid.

Student Aid Report (SAR): The processed results of the FAFSA form sent to the student. Most students receive an eSAR (electronic SAR) at the email address they supplied on the FAFSA.

Merit-based Scholarships: These are based on grade-point average and if applicable, SAT/ACT scores, as well as ability in such areas as music or art.

Need-based Awards: These are based on the cost to attend the Mount minus the EFC calculated from your data.

Federal Direct Loan: A federal loan consisting of subsidized and/or unsubsidized funds. 

Subsidized Loan: The U.S. Department of Education will pay the interest on this loan for as long as you’re enrolled in school at least half time, during your grace period and during deferment periods.

Unsubsidized Loan: You are responsible for paying interest that accrues while you’re in college.