Student Financial Services

Financial Aid Checklist

Apply for Aid 

File the Free Application for Federal Student Aid (FAFSA) to be considered for federal, state, and institutional aid.  Xavier's financial aid priority deadline is February 15th.  Students must submit the FAFSA by the priority deadline to be considered for all sources of aid. 

Financial Aid Offer

Review your financial aid offer in Self-Service. The offer will include any federal, state, and Xavier aid that you are eligible to receive. The financial aid offer is subject to revision based on changes to the FAFSA or the receipt of additional grants or scholarships. Financial aid offers for the upcoming year will be prepared beginning in February.


About one-third of all FAFSAs are selected for a process called verification. Schools are required to collect tax and other household data to verify information on the FAFSA. If your application is selected for verification, you will be notified by email about the additional information needed to finalize your financial aid offer.

Direct Subsidized and Unsubsidized Loan Requirements

First-time borrowers must complete Entrance Counseling and sign the Master Promissory Note (MPN) for the Direct Loans to disburse. Please email the Office of Student Financial Services at to decline your loans.

Direct PLUS Loan

Parents of dependent students may consider applying for a Federal Direct PLUS Loan if additional funds are needed to cover college expenses. A parent should apply for this credit-based loan and sign a PLUS Master Promissory Note online at The suggested timeframe to submit a PLUS Loan Application is May 1st to June 30th. There is a 4.228% loan fee for the PLUS Loan.

Graduate students also are eligible to apply for Direct PLUS Loans and may complete the grad PLUS application and sign the PLUS Master Promissory Note online at

Private Education Loans

Private Loans are another option that families choose for paying college expenses. Application is made directly through the lender. The suggested timeframe to submit a loan request is May 1st to June 30th for the upcoming Fall semester. This should allow enough time for the loan to be certified (if approved) and for it to appear on the Fall billing statement. Additional information on private loans and lenders is available online at the FastChoice website.


Your first billing statement for Fall will be available on July 1, and the first Fall payment is due July 21. Student account balances are due in full each semester. You must either have your financial aid complete and ready to be applied toward your balance (including PLUS or Private Loan applications) or pay your balance in a lump sum. If you prefer making monthly payments, you must be enrolled in the X-Flex Payment Plan by the first billing due date. (A nominal fee is required each semester you participate in the payment plan.) For more information, contact the Bursar’s Office at

Waive Insurance

All traditional, full-time undergraduate students and all international students are required to have health-insurance coverage and are automatically enrolled in a plan. If you already have medical insurance coverage and do not need to utilize Xavier’s student health insurance plan, be sure to waive the insurance so you are not charged for the premium on your student billing statement. To learn more about Xavier’s health insurance or to waive coverage, visit Xavier also offers a tuition insurance program to protect your investment should you need to withdraw due to injury or illness. To learn more, visit