Saint Meinrad Seminary and School of Theology assists students
financially through the programs listed below. To apply for
financial aid, a student should contact the Director of Financial Aid. All financial aid
awards are subject to availability.
The Federal Work-Study Program provides full-time students with
part-time jobs to earn expense money. A student may earn up to
Federal Direct Student Loans are available to qualifying
students. A qualified graduate student may apply for up to a limit
of $21,500 in unsubsidized direct loans per school year.
Return of Title IV Funds Due to Student
For current financial aid recipients, a tuition percentage will
be determined based on the return of Title IV funds regulations.
The Office of Financial Aid determines the return of the Title IV
funds percentage and informs the Office of the Registrar.
Institutions are required to determine the percentage of Title
IV aid “earned” by the student and return the unearned portion to
the appropriate aid program. This percentage is determined by the
percentage of the enrollment period completed by the student.
If the type of aid that the student is responsible for returning
is a loan, then the student is not required to immediately repay
the amount, as the grace period for the loan, generally six months,
is invoked. If the type of aid that the student is responsible for
returning is a grant, then the student will incur a charge on his
or her school statement.
The student’s grace period for loan repayments for federal
unsubsidized and subsidized Stafford Loans will begin on the day of
withdrawal from the Seminary and School of Theology. Students
should contact the lender if they have questions regarding their
grace period or repayment status.
Government Assistance to Veterans
Saint Meinrad Seminary and School of Theology has been approved
for veterans’ educational benefits under Section 1775 of Title 38
of the United States Code. New students applying for veterans’
educational benefits should contact the Registrar upon their
arrival at Saint Meinrad.
Theological Book Endowment
Should he not have them already, each seminarian beginning his
studies at Saint Meinrad receives the following books: Liturgy
of the Hours (four-volume set), Catechism of the Catholic
Church, and the Harper-Collins Study Bible, NRSV
At the appropriate times during his course of studies, each
seminarian also receives the Code of Canon Law, the
Sacramentary and a study edition of the Lectionary.
The donation of these books to our seminarians is made possible by
the Theological Book Fund, an endowment established by an anonymous
benefactor who wished to ensure that all seminarians could begin
their priestly formation and education with the basic theological
Multicultural Ministry Funds
Master of Divinity students who participate in the Mexican
American Catholic College Spanish-language programs or other
intensive language programs that prepare them to minister with the
Hispanic community are eligible to apply for grants from Saint
Meinrad’s GAR Foundation Endowment. Depending on the number of
applicants and funds available per year, monies are awarded to help
with room, board, tuition and personal expenses.
Funds are also available through the Arnold F. and Barbara T.
Habig Endowment for Priestly Ministry in the Multicultural
Marsha and Fred Souders Endowment
The Marsha and Fred Souders Endowment was established to help
fund special learning opportunities for students, such as Holy Land
studies, a study tour of Rome or programs of the Mexican American
Financial Aid Notification
All financial aid awards are subject to availability of funds.
Students who receive an award letter for financial aid are
responsible for signing up for classes and submitting their
paperwork in a timely manner to ensure they receive the funds.