The Saint Luke’s College of Health Sciences participates in a number of Title IV Federal Aid Programs. These programs include Federal Pell Grants, Federal Supplemental Education Opportunity Grants (SEOG), Federal Work-Study, Federal Direct Loan, Federal Perkins Loan, as well as the Federal Nursing Loan Program.

Grants

Federal Pell Grant
A Federal Pell Grant does not have to be repaid. Pell Grants are awarded only to undergraduate students who have not earned a bachelor’s or professional degree. Eligibility is determined after completing the Free Application for Federal Student Aid (FAFSA).

Federal Supplemental Educational Opportunity Grant (SEOG)
A Federal Supplemental Educational Opportunity Grant does not have to be repaid. Priority consideration is given to those with the lowest Expected Family Contribution figure and who qualify for the Federal Pell Grant. This is a campus-based program, which means that every eligible student is not guaranteed these funds.

Missouri Grants and Scholarships

Access Missouri Financial Assistance Program
This is a need-based program designed to be simple to understand, provide predictable, portable awards, and increase access to your school of choice. Your financial eligibility is determined by your Expected Family Contribution as calculated through the Free Application for Federal Student Aid (FAFSA). To be eligible for assistance, you must meet the following requirements:

• Students applying for the first time
• Have a FAFSA on file by February 1
• Have any FAFSA corrections made by July 31
• Be a U.S. citizen or permanent resident and a Missouri resident
• Be an undergraduate student enrolled full time at a participating Missouri school (Students with documented disabilities who are enrolled in at least six credit hours may be considered to be enrolled full time)
• Have an Estimated Family Contribution of $12,000 or less
• Not be pursuing a degree or certificate in theology or divinity
• Not have received your first bachelor’s degree, completed the required hours for a bachelor’s degree, or completed 150 semester credit hours

Missouri Bright Flight Program
The Missouri Higher Education Academic Scholarship Program is a merit-based program that encourages top-ranked high school seniors to attend approved Missouri postsecondary schools. To be eligible, you must meet the following requirements: 

• Be a Missouri resident and a United States citizen or permanent resident
• Have a composite score on the ACT or SAT in either:
  • the top 3 percent of all Missouri students taking those tests, or
  • the top 4th or 5th percentiles of all Missouri students taking those tests
• Enroll full-time as a first-time student and receive the scholarship in the academic year immediately following high school graduation, receipt of your General Education Development certificate, or completion of your secondary coursework, if home-schooled

For additional information and eligibility information, please visit Missouri Department of Higher Education’s website https://dhe.mo.gov/ppc/grants/brightflight.php

Other Missouri Scholarships are available. The Financial Aid office will confirm your eligibility and notify you of your financial aid offer.

Loans

Federal Direct Subsidized Loan
Federal Direct Subsidized Loans are available to eligible undergraduate students. Eligibility is based on need as determined by the U.S. Department of Education’s standard formula. The funds for these loans are obtained from the U.S. Department of Education. The federal government pays the interest on the student’s behalf while they are in school on at least a half-time basis, during the grace period and any authorized deferment periods. The grace period is the six-month period of time from when a borrower drops to less than half-time (six credit hours) to when repayment begins. Borrowers may have up to 10 years in which to repay these loans. Contact the financial aid office for current interest rates.

The annual limits are as follows:
Freshman – $3,500
Sophomore – $4,500
Junior and Senior – $5,500

Federal Direct Unsubsidized Loan
Federal Direct Unsubsidized loans are available to eligible undergraduate and graduate students. The terms of these loans are the same as the subsidized, except that the government does not pay the interest on behalf of the borrower at any time. The student is responsible for paying the interest from the time the loan is disbursed. The interest payment can be paid quarterly or the borrower may request to have the interest accrued and capitalized. Dependent students typically qualify for $2,000 in unsubsidized loans and independent students typically qualify for $6,000 to $7,000 depending on their year in school. Graduate students can qualify for up to $20,500 per academic year. Contact the financial aid office for current interest rates.

Federal Direct Parent Loan for Undergraduate Students (PLUS)
Federal Parent Loans are available to eligible parents of undergraduate, dependent students. These loans would allow parents to borrow up to the cost of attendance minus financial aid from other sources. Repayment begins within 60 days and borrowers have ten years to repay the loan. These loans are obtained from the U.S. Department of Education and are not need based. Parents seeking to borrow a Federal Parent Loan must complete an online application and be approved through a credit check. Contact the financial aid office for current interest rates.

Federal Direct PLUS Loan for Graduate Students
Direct Grad PLUS Loans are available to eligible graduate students. These loans would allow graduate students to borrow up to the cost of attendance minus financial aid from other sources. These loans are obtained from the U.S. Department of Education and are not need based. Students seeking to borrow a Grad PLUS Loan must complete an online application and be approved through a credit check. Contact the financial aid office for current interest rates.

Federal Nursing Loan
Nursing loans are offered to students with need as determined by the U.S. Department of Education’s standard formula and availability of funds. Repayment of these loans begins nine months after a student drops to less than half-time. These loans are based on 5 percent simple interest with a repayment term of 10 years.

College Scholarships

The Saint Luke’s College of Health Sciences scholarship program is dedicated to providing financial support so students can achieve their dream of obtaining a College degree and/or continued education. The College acknowledges that hard work does not always alleviate the difficulty some students have in gathering enough resources to advance their education.

Our alumni and friends continue to help these students by offering a variety of scholarships. The College offers scholarship opportunities for all our undergraduate and graduate students including scholarships to promote diversity, to assist nursing students during their final BSN semester, and to assist incoming students across all program areas. Scholarships will be awarded as funds are available.

Learn more about Saint Luke's scholarships

Work Study

Federal Work-Study (FWS) provides part-time jobs for undergraduates, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the recipient’s course of study. Eligibility for work-study is based upon need and availability of funds.