Understand Alma College's Financial Aid
The amount of financial aid and scholarships you are eligible for may vary according to your family's income level. Continue reading to find information on just how much assistance , scholarships and grants can be expected from Alma College.
How Many Undergrads Get Financial Aid?
Alma College's typical financial aid package for new freshmen is $32,632. About 100.0% of first year students get financial assistance, most 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 might be part of your financial aid package? View the average amount of debt per student at Alma.
Amount of Alma Scholarships & Grants
The following numbers refer to grants and scholarships primarily supplied by the college itself.
100.0% of first year students (356 total) were awarded scholarships at Alma College, averaging $21,759 per student. This ranks in the top 20th percentile of all schools in the country.
In addition to scholarships, 35.0% of freshmen (123 total) received a federal grant, averaging $4,669 per person.View the average amount of grants and scholarships first years receive by studying the chart below.
Grants are usually based on need while scholarships are merit-based.
How Financial Need Affects Financial Aid
The below chart demonstrates grant and scholarship distributions by income for freshman students getting any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 11.2% | $30,349 |
| Income 30k-48k | 11.8% | $30,555 |
| Income 48k-75k | 17.4% | $24,864 |
| Income 75k-110k | 21.6% | $24,084 |
| Income 110k + | 36.0% | $20,831 |
Title IV aid includes loans, grants, or work study given by the government generally according to financial need. Learn more here.
The Average Undergraduate Who Gets Grant or Scholarship Obtains $23,067
98.0% of the 1,396 undergraduates at Alma College receive some kind of grant aid. A total around 1,362 students benefiting from about $23,067 each.
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 |
