How does the current financial turmoil affect Saint Mary’s students?
The College’s academic programs and campus activities — from athletics to ministry to co-curricular opportunities — are vital, stable and thriving. The biggest challenge for many students and their families is accessing the cash to pay for tuition and living expenses. As banks struggle, lines of credit are harder to obtain. For the fall term, the College did not see an impact on our enrollment or any significant issues regarding students’ ability to get loans. Saint Mary’s participates in the Federal Family Education Loan Program (FFELP), which has helped ensure that qualified students and their families have access to federal loan funds. The Office Financial Aid can provide further assistance in this area.
