by our College Data Analytics TeamA large number 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 sum total of attendance at College of Saint Benedict can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financing options does CSB offer you, and what will you qualify for? Keep scrolling for more information. Keep going to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at College of Saint Benedict.
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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at College of Saint Benedict, 100% of entering full-time freshmen got some type of financial assistance some 379 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $40,048 |
| Institutional grants & scholarships | 100% | $35,829 |
| Federal Pell grants | 23% | $5,820 |
| State/local grants | 38% | $6,221 |
| Federal student loans | 62% | $5,161 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At CSB, about 99% of undergraduates were awarded grant or scholarship aid averaging $37,837 (covering around 1394 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $37,837 |
| Federal Pell grants | 20% | $5,549 |
| Federal student loans | 62% | $6,430 |
On-campus students receiving title-IV aid were awarded grants averaging $41,813.
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 | $15,052 |
| $30,001 – $75,000 | $19,729 |
| Over $75,000 | $31,752 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $26,640 |
| Off-campus title-IV students | $28,065 |
To get a personalized net price estimate, try CSB’s NPC: csbsju.edu/admission/cost-aid-scholarships/net-price-calculators/csb-net-price-calculator.
Graduating students at CSB carry a median federal student debt of $23,250 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,250 |
| Median federal debt (graduates only) | $26,944 |
| Typical 10-year monthly payment (graduates) | $285.65/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at CSB.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $28,000 |
| 90th percentile (highest-debt students) | $34,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $22,667 |
| Middle income | $22,750 |
| High income | $23,252 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,250 |
| Continuing-generation students | $23,250 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. CSB.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at CSB:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5531 |
| Total Stafford loan amount | $82,895,256 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $214,192 |
| Average GI Bill amount per recipient | $35,699 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $8,000 |
| Average DoD amount per recipient | $4,000 |
References
More about our data sources and methodologies.