Financial aid application must be made each year with a new determination of expected family contribution. Yearly awards will be made according to the availability of funds. The financial aid process determines the family's expected contribution toward meeting the student's costs of education. The expected contribution is then subtracted from the student's budgeted cost at Fontbonne College. The difference between the total budgeted cost and the family contribution determines the student's need for financial assistance.
Academic scholarships are competitive.
The college determines the amount of scholarship assistance awarded through an evaluation of the depth, scope, and equality of the applicant's academic ability, leadership potential, and scholastic aptitude. Talent scholarships in art, theater, and English writing depend on success in auditions, portfolio review, or written essays. The college offers campus service scholarships to students who have demonstrated substantial commitment in service to their school, community, and others. The college also offers a scholarship for students majoring in computer science. A student enrolled in a teacher certification or recertification program is considered the same as a fifth-year undergraduate student and is eligible only for the federal Stafford loan programs.