The college was established by the Basilian Fathers in 1936, on the invitation of the president of the University of Saskatchewan to the Catholic bishop of Saskatoon.

Basil is a Roman Catholic religious organization of ordained priests with headquarters in Toronto, Ontario.

The college was incorporated by an act of the Legislature of Saskatchewan in 1943, following formal approval by the senate and board of governors of the university.

[2] The passing of that act was the final formal step in the college's transition to the post-Basilian era.

The college provides opportunities to explore and to live Christian values but imposes no obligation in this area.

STM employs full-time tenured, non-tenured, and part-time sessional faculty on its academic staff.

This program also helps students to build connections between their community experience and their theoretical ("book") learning at university.

There is a campus ministry team in the college who help provide spiritual support, faith programs, and community building services.