Why Undertanding Financial Aid is Essential
The level of financial aid, grants, and scholarships varies depending on your situation. Utilize data listed below to better understand how much financial assistance you'll obtain from Albertus Magnus College based on income and merit.
How Many Undergrads Get Financial Aid?
$27,070 is the typical Albertus Magnus College's first year financial aid package. About 92.0% 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.
77.0% of new students (109 total) were awarded scholarships at Albertus Magnus College, averaging $17,596 per person. This ranks in the top 20th percentile of all schools nationwide.
90 first year students also received federal grant aid. A total of 63.0% of Albertus Magnus first years got grants around $4,930 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 | 33.1% | $20,276 |
| Income 30k-48k | 16.9% | $19,950 |
| Income 48k-75k | 15.5% | $21,009 |
| Income 75k-110k | 11.3% | $17,757 |
| Income 110k + | 13.4% | $13,493 |
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 $12,888
905 Albertus Magnus undergrads get grants (this is about 76.0% of the entire student body). The usual amount these students get is $12,888
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/admission-aid/financial-aid/net-price-calculator.php |
