FINANCIAL AID AND SCHOLARSHIPS
GRADUATE ADMISSIONS

Scholarships, grants, graduate assistantships and financial aid are available for graduate students. University scholarships and assistantships are supplemented by private scholarships and federal and state grants and financial aid.

Federal financial aid is awarded on a first-come, first-served basis until all funds are exhausted. You should begin the application process at the same time that you apply to the graduate program. To be considered for financial aid, you must complete the Free Application for Federal Student Aid (FAFSA) at
www.fafsa.ed.gov. Please list Our Lady of the Lake University, federal school code #003598, as one of the schools to receive your application information.

The financial aid programs below are based on need unless otherwise indicated. Financial aid recipients must maintain good academic standing in accordance with OLLU’s Satisfactory Academic Progress policy.

Federal Programs:
• Unsubsidized Stafford Student Loan
$12,000 maximum

• Subsidized Stafford Student Loan
$ 8,500 maximum

• TEACH Grant
Student must be enrolled in an eligible program and agree to teach in a high-need, low-income elementary or secondary school for at least four years within eight years of completing the program for which the Teach Grant was awarded.
$ 4,000 maximum


State Programs:
• Tuition Equalization Grant
Full-time attendance, Texas residency, based on need and availability of funds
$ 3,808 maximum



University Programs:
• Tuition Discount - Public School District and Catholic School Employees (Full time)
Open to all full-time employees of public school districts (elementary, middle and high school)
20-percent tuition discount (not available with most online programs; cannot be combined with other discounts)

• Military Scholarship
Open to active duty military personnel and spouses
Refer to
www.ollusa.edu/Military or contact Weekend College at 431-3995

• Veterans Benefits
Eligible veterans. Contact the Financial Aid Office at 210-434-6711, ext. 2551

• Health and Human Services Scholarship
Open to economically disadvantaged students studying in the areas of Social Work, Psychology or Communication Disorders

• College of Arts and Sciences (English department) Assistantship
Pay is equivalent to tuition for six credit hours or half time attendance per term. Work two hours per week for every hour of tuition paid. (Example: Six hours of credit = 12 hours of work per week).

• School of Professional Studies Assistantships
Pay is equivalent to tuition for six credit hours or half time attendance per term. Work two hours per week for every hour of tuition paid. (Example: Six hours of credit = 12 hours of work per week).

• PsyD Scholarship
Maximum of tuition for 10 semester hours (fall, spring, and summer). Renewable. Contact the Psychology Department at 210-434-6711, ext. 2374.

• Worden School of Social Service Assistantships
Pay is equivalent to tuition for six credit hours or half time attendance per term. Work two hours per week for every hour of tuition paid. (Example: Six hours of credit = 12 hours of work per week). Contact Worden School at 210-434-6711, ext. 2231.

• Worden School of Social Service Practicum Stipend
Contact Worden School at 210-434-6711, ext. 2231.


Payment Plans:
• Monthly Payment Program
Available to all students. A one-time payment plan fee is required. For information or to set up a payment pland, contact the Student Business Office at 210-434-6711, ext. 2354


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