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Paying for SCU
After you have applied for financial aid and received an award, the next step is to review your award letter online and either accept or decline aid. Your award letter outlines what financial aid you are eligible to receive. It also estimates the total cost of attending Santa Clara for the 2014-15 academic year, including tuition and other school-related expenses.
Tuition, Room & Board, and Other Costs
Information for the 2014-15 academic year will be available February 2014. For informational purposes, tuition for the 2013-14 academic year was $42,156. The cost of room and board was $12,546. A reasonable budget for books, supplies, transportation and personal expenses was estimated to be $4,887.
For a complete list of fees, see the Undergraduate Fees Schedule on the Bursar's website, and for additional information regarding other pertinent fees and costs to attending Santa Clara, visit the Cost of Attendance webpage.
How to Accept/Decline Your Aid
If you will be using loans, look for the loan products that will be most economical. You should first start with the federal student loan(s), which may have been offered in your award letter.
The Federal Direct Loan(s), which may have been offered in your award letter, offers better interest rates and repayment terms than other options and does not require good credit. In many cases, this loan is subsidized during your enrollment at Santa Clara University.
Another loan you and your family may consider is the Federal Direct PLUS Loan. Through this program, your parent may borrow an annual amount up to the cost of attendance less any financial aid accepted.
How to Get Loans
If you are a first-time recipient of a Federal Direct Loan, you must complete both entrance counseling and a Master Promissory Note (MPN) before you can receive your federal loans.
Steps to complete the Entrance Counseling
Steps to complete the Master Promissory Note (MPN)