In addition to grants, scholarships, student loans and parent loans, there are additional financing options available:
- Monthly Arrangement Payment Plan (MAPP)
- Third-Party Billing
- Federal Direct Parent PLUS Loan
Monthly Arrangement Payment Plan (MAPP)
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 or by credit card may be made online through EdWeb for Students or EdWeb for Parents, if your student has granted you access. Credit card payments can also be made over the phone by calling 800-555-0164 or 512-448-8523 during business hours. Payment in person (check, credit card, 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 program through the Fees and Financing Options link located in the Registration section of EdWeb.
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.
2013-2014 Federal Direct Parent PLUS Loan Interest Rate
*for loans with a first disbursement between 7/1/2013-6/30/2014
Completion of a Federal Direct PLUS Loan Promissory along with a loan request form are required as part of the application process.