We hold firmly to the Jesuit belief that education should be accessible to all who want to pursue a life of passion and service to others — a practice made possible by our robust financial support systems, which allow us to meet 100% of demonstrated need.
The Department of Education (DOE) has updated the data and formulas used in the Student Aid Index (SAI) calculation — which replaced the Expected Family Contribution formula — to account for inflation. The updated SAI tables will allow students to benefit from an additional $1.8 billion in aid and ensure that all students can access the maximum financial aid they are eligible for.
Because of this revision, schools will not receive student FAFSA information until some time mid-March. Additionally, students will not be able to make corrections to their FAFSA until our office receives them.
Students who have already filed their FAFSA for the 2024-25 academic year will receive an email from the DOE informing them when the revised data has been processed and their information has been sent to the schools listed on the form.
Federal student loan interest rates are determined by federal law and based on the results of a U.S. Treasury auction that takes place each May. Direct Subsidized Loans and Direct Unsubsidized Loans first disbursed on or after July 1, 2023, and before July 1, 2024, will have an interest rate of 5.50%. Direct PLUS Loans for Parents of Dependent Undergraduate Students will have an interest rate of 8.05%.
During the COVID-19 public health emergency, a law was passed that made more students temporarily eligible for SNAP, starting Jan. 16, 2021. The temporary student rules will begin to end in June 2023. Some students may no longer be eligible for SNAP or may need to provide additional information when they recertify to continue their SNAP benefits.
Holy Cross is one of a select group of colleges (fewer than 100) that meets 100% of each admitted student's demonstrated financial need.
Students whose families have a total income of $75,000 or less and reasonable assets will receive a full tuition grant.
There are multiple ways to fund your education. Holy Cross meets 100% of demonstrated financial need, as determined by the Free Application for Federal Student Aid (FAFSA) and the CSS Profile.
Once you’re familiar with the types of financial aid available, and estimated costs, it’s time to start the financial aid process. A couple things you’ll need to get started: our FAFSA and CSS codes for your aid applications.
CSS Profile: 3282
The Financial Aid Office reviews each family’s ability to contribute towards educational costs and provides a financial aid notification based upon the information reported on the FAFSA, CSS Profile, and submitted tax documents. However, when circumstances arise that can significantly impact a family’s ability to contribute, students may request a review of their financial aid eligibility.
Questions? Reach out to our financial aid office and speak with one of our team members, who are dedicated to helping you receive the financial support you need.
Financial Aid Webinars
Do you have questions about how to apply for financial aid? We want to help. Our Admission and Financial Aid staff outline application requirements, provide quick tips on where to start, and discuss your options for financing.