by our College Data Analytics TeamA lot of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Mount St. Joseph University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financing solutions does Mount St. Joe deliver, 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.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Mount St. Joseph University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Mount St. Joseph University, 100% of first-time, full-time freshmen received some form of financial aid (about 323 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $29,257 |
| Institutional grants & scholarships | 99% | $24,569 |
| Federal Pell grants | 45% | $5,963 |
| State/local grants | 37% | $6,143 |
| Federal student loans | 72% | $5,823 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Mount St. Joe, some 73% of the undergraduate population received grant aid that averaged $26,012 (among about 1063 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $26,012 |
| Federal Pell grants | 30% | $5,783 |
| Federal student loans | 54% | $7,199 |
On-campus students receiving title-IV aid were awarded grants averaging $30,189.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,301 |
| $30,001 – $75,000 | $13,572 |
| Over $75,000 | $19,623 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,530 |
| Off-campus title-IV students | $16,135 |
For a personalized estimate based on your family’s financial situation, use Mount St. Joe’s net price tool: www.msj.edu/tuition-aid/financial-aid-grants-loans-scholarships/net-price-calculator/index.html.
The median federal debt load at Mount St. Joe comes to $18,837 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,837 |
| Median federal debt (graduates only) | $26,827 |
| Typical 10-year monthly payment (graduates) | $284.41/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Mount St. Joe.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,469 |
| 25th percentile | $8,121 |
| 75th percentile | $29,875 |
| 90th percentile (highest-debt students) | $41,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $21,929 |
| Middle income | $18,750 |
| High income | $17,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $17,968 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,250 |
| Independent students | $23,174 |
These indicators are derived from the underlying debt data and summarize the overall picture at Mount St. Joe.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Mount St. Joe:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9240 |
| Total Stafford loan amount | $259,358,228 |
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 | 18 |
| Total GI Bill amount | $302,687 |
| Average GI Bill amount per recipient | $16,816 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.