by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Aquinas College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does Aquinas College Michigan provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Aquinas College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Aquinas College, 100% of first-time, full-time freshmen received some form of financial aid some 295 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $33,535 |
| Institutional grants & scholarships | 100% | $27,343 |
| Federal Pell grants | 29% | $5,890 |
| State/local grants | 68% | $6,177 |
| Federal student loans | 63% | $5,796 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Aquinas College Michigan, around 97% of undergraduates were awarded grant or scholarship aid averaging $29,598 (covering around 1076 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $29,598 |
| Federal Pell grants | 24% | $5,571 |
| Federal student loans | 69% | $6,793 |
On-campus students receiving title-IV aid were awarded grants averaging $35,026.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,137 |
| $30,001 – $75,000 | $14,345 |
| Over $75,000 | $22,517 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,626 |
| Off-campus title-IV students | $18,902 |
For a personalized estimate based on your family’s financial situation, use Aquinas College Michigan’s NPC: app.meadowfi.com/aquinas.
A typical borrower at Aquinas College Michigan leaves with $17,992 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,992 |
| Median federal debt (graduates only) | $23,000 |
| Typical 10-year monthly payment (graduates) | $243.84/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Aquinas College Michigan.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,000 |
| 25th percentile | $8,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $20,250 |
| Middle income | $18,569 |
| High income | $15,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $15,700 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,812 |
| Independent students | $19,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Aquinas College Michigan.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Aquinas College Michigan:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6899 |
| Total Stafford loan amount | $130,043,956 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $32,340 |
| Average GI Bill amount per recipient | $16,170 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.