Understand Alma College's Financial Aid
The level of financial aid, scholarships, and grants varies from person to person. Make use of the data listed below to better understand how much financial assistance you'll receive from Alma College determined by income and merit.
How Many Undergrads Get Financial Aid?
Alma College's typical financial aid package for new freshmen is $35,481. About 100.0% of first year students get financial assistance, the majority of which is in the form of scholarships and grants.
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.
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 (336 total) were awarded scholarships at Alma College, averaging $23,883 per student. This ranks in the top 20th percentile of all schools in the country.
In addition to scholarships, 37.0% of freshmen (124 total) received a federal grant, averaging $4,990 per person.
How are grants and scholarships distributed to freshmen at Alma? View the graph listed below.
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 Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 18.5% | $32,472 |
| Income 30k-48k | 10.7% | $30,772 |
| Income 48k-75k | 11.6% | $28,707 |
| Income 75k-110k | 21.1% | $26,494 |
| Income 110k + | 32.7% | $22,697 |
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 $23,828
1,336 Alma undergrads receive grants (this is about 96.0% of the complete student body). The usual amount these students receive is $23,828
Alma College Financial Aid Info
| Financial Aid Department Website | alma.edu/admissions/financial-aid/ |
| Net Price Calculator | alma.edu/admissions/financial-aid/aid-calculators/net-price-calculator.php |
