How Do I Pay for Graduate School?

Financial Aid Process • Payment Plans

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Payment Options

We know that paying for your graduate degree is an important factor when choosing a school. Contact the Graduate Information Office to talk more about the key factors to consider – or, read on to learn about the different ways you can finance your graduate degree.

Financial Aid Process

Applying for Financial Aid

Complete all steps below to apply for financial aid. Note: There are financial aid options that are not based on need. Most students in the off-campus programs use financial aid to pay for the program. We recommend that you complete these steps as soon as possible to make sure that your payment arrangements are in order by the first night of class. For help, please contact the Financial Aid Office at (713) 525-2170.


Students beginning in Summer 2021 should submit the
2020-2021 form. Students beginning in Fall 2021 should submit the 2021-2022 form. All students will need your FSA ID ( and UST’s School Code (003654). Graduate students are considered independent for financial aid purposes. Failure to provide your social security number on the FAFSA form and your UST application will delay processing of your financial aid.


Review your Student Aid Report (SAR) for accuracy

You will receive this form 7-10 days after the FAFSA is submitted. If there are any errors on your SAR, log back into your FAFSA to make corrections.


You will receive your financial aid award letter from UST

This lists the financial aid that you qualify for. If you wish to decline all or a portion of the award, notify the Financial Aid Office in writing. Be sure to contact the Financial Aid Office if you have any questions about your award.


Complete Loan Entrance Counseling and the Master Promissory Note

Entrance Counseling is only required for first time Federal Direct Loan borrowers; all borrowers must complete a Master Promissory Note. Both can be completed at (you will need your FSA ID from Step 1).

Federal Loan Requirements

To be eligible to borrow funds under the Federal Direct Loan Program, you must:

  1. File the Free Application for Federal Student Aid (FAFSA)

  2. Be a U.S. Citizen or permanent resident

  3. Not be in default on prior educational loans

  4. Maintain satisfactory academic progress

Questions? Call the Financial Aid Office at 713-525-2170 or by e-mail at

Complete all steps below to enroll in a monthly payment plan. This plan will allow you to make tuition payments over the entire length of the semester, and will break your tuition bill into more manageable payments.

Federal Student Loans are also available for graduate students.

NOTICE: Your first payment will be due no later than the start of your first course. If you have not made financial aid or payment plan arrangements by the start of your first course you will receive a bill via e-mail to your myStThom account. Tuition bills will be e-mailed on the 5th of the month following registration.

How To Enroll in a Payment Plan:

  1. Choose a payment plan option. You can choose from (1) a monthly payment option through Nelnet, which will spread your tuition payments throughout the semester, or (2) you can choose to pay your tuition in full online at the start of each semester.
  2. If you choose the Nelnet payment, please notify the Graduate Information Office to ensure that you are registered for classes in time to enroll in the Nelnet payment plan.
  3. Once you are registered for classes, you will be able to enroll through your MyStThom account, via the student self service section. There is a non-refundable fee of $35 per semester to use the Nelnet payment plan. If a credit/debit card is used, a convenience fee will also be assessed.
  4. Payments will be withdrawn on the 5th of every month until the balance is paid in full. Please note, your professor will not be prepared to accept payment during class hours. Please make all payment arrangement directly with the Office of Student Financial Services.

Questions? Contact the Office of Student Financial Services by phone at 713-525-6992 or by e-mail at

If you and your school qualify, this program may provide loan forgiveness for eligible Federal Direct Loans. This is a separate program requiring separate forms and processes. The U.S. Department of Education will determine your eligibility for this program. University of St. Thomas is not responsible to verify your eligibility for this program. Please do not base your enrollment on this program, as it can be difficult to ensure qualification for government programs which are subject to reform and funding changes.

You must call 1-800-4-FED-AID to verify your eligibility or visit ​for more information.


  • We will work with students who receive tuition reimbursement from their employers. Students may defer payment of tuition and fees until the end of the term for a non-refundable fee of $50 if the student is eligible to participate in their employer’s tuition reimbursement program. These arrangements must be set up before the start of each term. You may download a company deferment promissory note at Contact the Office of Student Financial Services for more information