Saint Benedict's and Saint John's have always sought to educate well-qualified young women and men regardless of their economic backgrounds. Financial aid is renewable provided there is continued financial need (as demonstrated by an annual application) and satisfactory academic progress is maintained. (Academic progress is defined under "Academic Probation".)
Saint Benedict’s and Saint John’s, like all colleges in the United States that offer federal and state student financial aid, use a federal formula to determine eligibility for need-based financial aid. This formula takes a “snapshot” of the family’s financial situation for a given year to determine eligibility for grants, on-campus employment and loans. To be considered for need-based financial aid, students must complete a Free Application for Federal Student Aid (FAFSA) and CSB/SJU Financial Aid Application each year.