by our College Data Analytics TeamMost 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 total cost of going to College of Saint Mary can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial aid options can Saint Mary offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from College of Saint Mary.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at College of Saint Mary, 100% of new full-time first-years were awarded at least some aid approximately 89 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $18,847 |
| Institutional grants & scholarships | 100% | $16,159 |
| Federal Pell grants | 33% | $5,502 |
| State/local grants | 22% | $2,200 |
| Federal student loans | 56% | $4,857 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Saint Mary, roughly 90% of undergraduates were awarded grant or scholarship aid averaging $17,246 (for some 436 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $17,246 |
| Federal Pell grants | 39% | $5,543 |
| Federal student loans | 50% | $6,012 |
For on-campus title-IV students, average grant aid came to $19,381.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,207 |
| $30,001 – $75,000 | $10,470 |
| Over $75,000 | $21,458 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $16,590 |
| Off-campus title-IV students | $14,986 |
For a customized cost estimate, visit Saint Mary’s online cost calculator: www.csm.edu/NetPrice2024/index.html.
A typical borrower at Saint Mary leaves with $17,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,500 |
| Median federal debt (graduates only) | $24,250 |
| Typical 10-year monthly payment (graduates) | $257.09/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 four reference points below map the debt distribution at Saint Mary.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $9,897 |
| 75th percentile | $31,875 |
| 90th percentile (highest-debt students) | $41,750 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $17,500 |
| Middle income | $15,724 |
| High income | $19,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,828 |
| Continuing-generation students | $19,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,500 |
| Independent students | $17,800 |
The figure below distills the debt data into a single burden category for Saint Mary.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Saint Mary:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5679 |
| Total Stafford loan amount | $135,573,379 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $73,725 |
| Average GI Bill amount per recipient | $10,532 |
References
More about our data sources and methodologies.