How Many Undergrads Get Financial Aid?
Alma College's typical financial aid package for new freshmen is $39,024. 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 (408 total) were awarded scholarships at Alma College, averaging $26,578 per student. This ranks in the top 20th percentile of all schools in the country.
In addition to scholarships, 34.0% of freshmen (138 total) received a federal grant, averaging $4,701 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 | 15.2% | $34,060 |
| Income 30k-48k | 7.6% | $34,170 |
| Income 48k-75k | 16.4% | $32,541 |
| Income 75k-110k | 17.6% | $29,395 |
| Income 110k + | 25.7% | $26,021 |
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 $27,558
1,388 Alma undergrads receive grants (this is about 97.0% of the complete student body). The usual amount these students receive is $27,558
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 Website | alma.edu/admissions/financial-aid/ |
| Net Price Calculator | alma.edu/admissions/financial-aid/aid-calculators/net-price-calculator.php |
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