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Alma College
Alma, Michigan
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What Alma Fin Aid Are You Eligible For?

Financial assistance, such as loans, grants, work-study, and scholarships is how colleges reduce the cost of attendance so most students can actually afford to attend.

The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Alma College.

Covered on this Page:

  • Financial Aid for First Years
  • Scholarships & Grants for First Years
  • Aid by Income
  • Scholarship Money Per Student
  • Important Links
  • Additional Financial Aid Resources

How Many Undergrads Get Financial Aid?

Alma College's typical financial aid package for new freshmen is $40,333. About 100.0% of first year students get financial assistance, the majority of which is in the form of scholarships and grants.

Is it a Reduction?

Student loans are a part of financial aid offers, however the only true college discount is a scholarship or grant that you don't have to repay.

Apply for Scholarships
What About Student Debt?

Concerned about the loans that may be part of your financial aid package? View the average amount of debt per student at Alma.

How Much Is Available in Scholarships & Grants?

The following numbers apply to grants and scholarships primarily supplied by the college itself.

100.0% of first year students (404 total) were awarded scholarships at Alma College, averaging $27,679 per student. This ranks in the top 20th percentile of all schools in the country.

In addition to scholarships, 35.0% of freshmen (140 total) received a federal grant, averaging $5,075 per person.

How are grants and scholarships distributed to freshmen at Alma? View the graph listed below.

Scholarships, Grants... What's the Difference?

Grants are usually based on need while scholarships are merit-based.

Amount of Financial Aid Per Family Income

The below chart demonstrates grant and scholarship distributions by income for freshman students getting any type of federal Title IV assistance, such as Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k16.6%$35,964
Income 30k-48k8.9%$35,061
Income 48k-75k11.9%$32,354
Income 75k-110k20.5%$30,720
Income 110k +27.2%$28,066
Title IV Aid

Title IV aid includes loans, grants, or work-study given from the federal government generally according to financial need. Learn more here.

The Average Undergraduate Who Gets a Grant or Scholarship Obtains $29,436

1,406 Alma undergrads receive grants (this is about 98.0% of the complete student body). The usual amount these students receive is $29,436

Looking for Detail About Tuition and Fees Costs?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Alma College Financial Aid Info

Financial Aid Department Websitealma.edu/admissions/financial-aid/
Net Price Calculatoralma.edu/admissions/financial-aid/aid-calculators/net-price-calculator.php
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