More than 95% of St. Bonaventure students receive some form of financial aid assistance.

St. Bonaventure University

Financial aid


Students at St. Bonaventure University receive financial aid from a variety of sources. More than 95 percent of our students receive some type of financial assistance. Some students receive aid that is generated by St. Bonaventure.

Typical Aid Ranges

Financial aid packages vary depending on your financial need and academic standing. The 2020-2021 range of financial aid at St. Bonaventure is listed below:

  • New freshmen at St. Bonaventure received academic scholarships and grants ranging from $9,000 to $25,000.   
  • New students also received need-based St. Bonaventure Grants-in-Aid ranging from $300 to $8,000.  
  • The average financial aid package was $31,600 based on a combination of scholarships, grants, loans, and work programs.  
  • 95% of entering freshmen received St. Bonaventure grants and/or scholarships.

SBU Grants-in-Aid

St. Bonaventure Grants-in-Aid and other University sponsored grants and scholarships are available to students demonstrating financial need, as determined by the FAFSA (Free Application for Federal Student Aid).


Important Forms and Deadlines

To receive a financial aid package you must be accepted for admission to St. Bonaventure and file the appropriate financial aid forms. As a result of the Early FAFSA and use of prior-prior year income, the FAFSA becomes available on October 1. We recommend families complete the FAFSA using the IRS Data Retrieval Tool (DRT) no later than February 1. If you do not file the required forms by the priority date of February 1, you will still be considered for assistance but you may miss out on certain types of limited funds.

When you apply for financial aid, the following forms should be filed by February 1 to ensure maximum award consideration: 

  • Free Application for Federal Student Aid (FAFSA). The St. Bonaventure Federal School code for the FAFSA is 002817. Use estimated income figures, if necessary, to meet the deadline. FAFSA forms are available in most high school guidance offices, or by calling the financial aid office. If you wish to file the FAFSA electronically, the website is http://www.fafsa.ed.gov
  • New York state residents who file the FAFSA electronically will be directed to the link for the TAP Application (TAP on the Web) when they reach the confirmation page of the FAFSA. The application must be completed, signed and returned to NYS HESC. The State Code for St. Bonaventure University is 0695. If you wish to file the TAP application (TAP on the Web), please visit their website

Other Financial Aid

The federal and New York state governments award grants, scholarships and loans. St. Bonaventure University participates in the Supplemental Education Opportunity Grants (SEOG) and Pell Grant programs, Federal Direct Loan Program and the Perkins Loan program, which are sponsored by the Federal government and New York State's TAP. TAP is limited to New York State residents. In addition, the Federal government sponsors the need-based Federal Work Study Program.

CARES Cash Grants for Students
On March 26, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide immediate relief to Americans impacted by COVID-19. As part of this legislation, institutions of higher education have been granted funding to provide students with emergency financial aid grants to help cover expenses related to the disruption of campus operations due to coronavirus. On April 14,2020, St. Bonaventure University signed the certification and agreement necessary to formalize the disbursement of the CARES Cash Grant to the institution.

On April 22, 2020, St. Bonaventure University was awarded $796,315 in Emergency Financial Aid Grant funding to provide direct and immediate financial support to students. We have worked diligently to develop a meaningful and equitable distribution plan for this funding as follows:

  1. All SBU campus-based full-time undergraduate students for the Spring 2020 semester, as of May 14, were eligible for the CARES Act if they were qualified to participate in federal grant or loan programs offered by the U. S. Department of Education. (Title IV).  Excluded from this grant were students who received total scholarships from SBU and federal and state grants that paid for their full tuition and fees. The university distributed the same grant amount to all eligible full-time campus-based students, whether they were living in residence halls or off-campus, during this transition to on-line learning for the Spring 2020 semester. This grant should be used for expenses due to the disruption of campus operations.
These funds were paid directly to students using the refund preference that they have indicated in their student account. To expedite the disbursement of these funds, students could have sign up for direct deposit. If no direct deposit was not selected, a check was mailed to the permanent address on file.
 
As of May 22, 2020, St. Bonaventure distributed a total of $797,220 to 1,545 students eligible to receive the Emergency Financial Aid Grant.

In addition to the Emergency Financial Aid Grant, at May 22, 2020, St. Bonaventure distributed per Department of Education guidelines, federal work-study funds were awarded by estimating hours and transferring those estimates to a SEOG grant. 

As part of the Department of Education Higher Education Emergency Relief Fund (HEERF) quarterly reporting requirement, we provide the Quarterly Budget and Expenditure Reporting form for the quarter ending September 30, 2020.
 
Students with questions regarding the CARES Act grants please contact finaid@sbu.edu and studentaccounts@sbu.edu.