Why Undertanding Financial Aid is Essential
Your financial aid, including scholarships and grants, will be based upon your financial need. The knowledge provided here will tell you what you will likely obtain at Albertus Magnus College based on family income and other factors.
How Many Undergrads Get Financial Aid?
$28,303 is the typical Albertus Magnus College's first year financial aid package. About 90.0% of first year students obtain financial help, most of which is in the form of scholarships and grants.
A financial aid package contains loans, grans, and scholarships. However, college loans must be paid off, so they aren't a genuine college discount.
We feel that loan debt 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 That Is Not Loans??
The numbers below refer to scholarships and grants primarily offered by Albertus Magnus College.
81.0% of new students (120 total) were awarded scholarships at Albertus Magnus College, averaging $17,914 per person. This ranks in the top 20th percentile of all schools nationwide. This ranks in the top 40th percentile of all schools nationwide. This ranks in the middle 20th percentile of all schools nationwide. This ranks in the bottom 40th percentile of all schools nationwide. This ranks in the bottom 20th percentile of all schools nationwide.
In addition to scholarships, 46.0% of first year students (69 total) got federal grant aid, averaging $5,029 per person.How are scholarships and grants allocated to freshman at Albertus Magnus? Look at the data below.
Grants are usually based on need while scholarships are based on merit or ability.
Financial Aid per Family Income
The following graph demonstrates grant and scholarship distributions by family income for freshmen getting any type of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 23.5% | $22,610 |
| Income 30k-48k | 13.4% | $22,909 |
| Income 48k-75k | 13.4% | $21,166 |
| Income 75k-110k | 18.8% | $18,315 |
| Income 110k + | 17.4% | $13,915 |
Education funding from the federal 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 $13,207
905 Albertus Magnus undergrads get grands (this is about 1,276 of the entire student body). The typical amount these students get is $13,207
Financial Aid Links from Albertus Magnus College
| Financial Aid Department Website | www.albertus.edu/bachelors-degrees/tuition-financial-aid/ |
| Net Price Calculator | www.albertus.edu/bachelors-degrees/tuition-financial-aid/net-price-calculator.html |
