In addition to grants, scholarships, student loans and parent loans, there are additional financing options available:
- Monthly Payment Plan
- Third-Party Billing
- Federal Direct Parent PLUS Loan
Monthly Payment Plan
Students may take advantage of this payment plan to pay out their expenses over the course of a semester. The university does not charge interest for the deferred portion of the payment plan, although it does charge a nominal participation fee each semester. Students can elect to enroll in this plan during registration.
Payments by check, debit or credit card may be made online through the Billing Center, if your student has granted you access. Payment in person (check or money order) can be made during business hours at our office, located in Main Building, room 204. Payment by mail (check or money order) should be sent to:
Student Financial Services
St. Edward's University
3001 S Congress Ave Box 1031
Austin, Texas 78704
You can sign up for the monthly payment plan through the Billing Center located in the Billing and FInancial Aid section of myHilltop.
At a student's request, St. Edward's will bill employers or other entities (such as ROTC or Texas Tomorrow Fund) which pay for all or part of a student's tuition cost (this does not include family members who pay tuition costs on behalf of a student). Students who take advantage of this plan must submit documentation of their Third-Party's intent to pay before the start of each semester.
Federal Direct Parent PLUS Loan
The Department of Education also provides an additional credit-based loan opportunity for parents of dependent undergraduates students which allows them to borrow up to their student's full cost of attendance minus other aid. Payment typically begins 30 to 60 days after full disbursement of the loan funds to the university, although deferment provisions are available for students enrolled at least half-time in a degree seeking program.
2015-2016 Federal Direct Parent PLUS Loan Interest Rate
*for loans with a first disbursement between 7/1/2015-6/30/2016
Completion of a Federal Direct PLUS Loan Promissory along with a loan request form are required as part of the application process.