How Many Undergrads Get Financial Aid?
$31,069 is the typical Albertus Magnus College's first year financial aid package. About 98.0% of first year students obtain financial help, the majority of which is in the form of scholarships and grants.
Financial aid helps lower the cost, or the full retail price of the college. However, be aware that the only true college discount are scholarships & grants.
We feel that loan debt really should be thought of as an added expense rather than as "aid" or a "discount". Find more about student loan debt at Albertus Magnus.
How Much Aid Is Available in Scholarships & Grants?
The numbers below apply to scholarships and grants primarily offered by Albertus Magnus College.
90.0% of new students (152 total) were awarded scholarships at Albertus Magnus College, averaging $20,568 per person. This ranks in the top 20th percentile of all schools nationwide.
105 first year students also received federal grant aid. A total of 62.0% of Albertus Magnus first years got grants around $5,627 per person.
See the usual amount of scholarships and grants first years receive by checking out the chart below.
Grants are usually based on need while scholarships are based on merit or ability.
Amount of Financial Aid Per Family Income
The following chart demonstrates grant and scholarship distributions by family income for freshmen getting any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 37.3% | $25,445 |
| Income 30k-48k | 14.8% | $24,388 |
| Income 48k-75k | 10.1% | $21,637 |
| Income 75k-110k | 12.4% | $21,261 |
| Income 110k + | 15.4% | $19,288 |
Education funding from the government by means of loans, grants, and work-study is referred to as Title IV aid. Get more info on Title IV here..
Scholarships & Grants for All Undergraduate Students Average $15,834
762 Albertus Magnus undergrads get grants (this is about 68.0% of the entire student body). The usual amount these students get is $15,834
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
Financial Aid Links from Albertus Magnus College
| Financial Aid Department Website | https://www.albertus.edu/admission-aid/financial-aid/index.php |
| Net Price Calculator | https://www.albertus.edu/admission-aid/financial-aid/net-price-calculator.php |
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