Make a Loan Payment

Providing interest-free loans for postsecondary education to students on the basis of financial need was the core function of The Scholarship Foundation of St. Louis upon its creation over 100 years ago. Think of repayment as a form of recycling. The money that you repay will be used by the Foundation to help more students achieve their educational goals.

Loan Repayment

The Foundation strives to make the loan repayment process as straightforward as possible. Borrowers who submit a final promissory note will receive a one-year grace period following graduation. Borrowers who do not complete their program, or those who are enrolled in less than six credit hours, will begin repayment immediately.

While in repayment, students may access their account at any time using our online student portal.

Log in using the email address currently on file with The Scholarship Foundation. A verification code will be emailed immediately. If your email address needs to be updated, please complete a Change of Information Form.
Enter the verification code to access your account. If this is your first time logging in, select the link to “sign up” located below the Log In button.

Monthly payments are due on the 15th and remain interest-free and fee-free throughout repayment. The Scholarship Foundation notifies graduates when payments are expected to begin, offering several convenient options:

ACH (Automated Clearing House)

For those employed with a stable income, automated withdrawal (ACH) is the best choice for loan repayment. Simply download and complete our Authorization Form for Direct Payments. Payments are then automatically deducted monthly at no additional cost. Most financial institutions also provide automated bill pay services.

Online Payments

Payment may be made through our website using any major credit or debit card here. You will need your SFSTL ID to complete the payment process. If you do not know your SFSTL ID, please contact us for assistance.

Check or Money Order

A check or money order can be mailed to The Scholarship Foundation and will be processed within five business days of receipt. Cash should never be mailed. Checks should be made out to The Scholarship Foundation of St. Louis and sent to:

The Scholarship Foundation of St. Louis
6825 Clayton Avenue, Suite 100>
St. Louis, MO 63139

Other Options

The Foundation recognizes that extenuating circumstances could result in reduction or temporary deferment of monthly payments. Explore your options on the Student Loan Portal if…

You are experiencing financial difficulties: Complete the portal’s student loan repayment assessment to request a reduction or temporary deferment of payments.
You are enrolled in school for at least six credit hours: Complete the portal’s educational deferment request to defer payment of your interest-free loan while in school.
You wish to view your payment history: Access detailed records of past payments made on your loan.
You need to check your loan balance: View up-to-date information on your remaining loan balance.

Loan Repayment FAQ

Loan payments are calculated by using anticipated earnings data published for the student's degree and school two years after graduation, deducting a standard living allowance, and then calculating a monthly payment of 15% of remaining anticipated discretionary income. Payments are scheduled over the number of months required to repay in full. During repayment, Foundation loans do not accrue fees or interest.

No. A loan recipient who takes at least six credit hours of course work each semester receives a repayment deferment. A student must verify eligibility for the deferment at the end of each semester by submitting to the Foundation one of the following three documents: a paid tuition receipt for the current semester, a letter from the institution’s registrar’s office confirming the student’s enrollment for the necessary number of hours, or an academic transcript.