Understanding Financial Aid for You
The quantity of financial aid and scholarships you are eligible for may vary depending on your needs. Below you will find information on how much financial aid and scholarships you can expect from College of St. Mary Magdalen.
What is in a Normal Financial Aid Offer at College of St. Mary Magdalen
College of St. Mary Magdalen's average financial aid plan for newly arriving freshmen is $24,685. Approximately 100.0% of new students get some type of financial aid, most of which is scholarships and grants.
Loans are a part of financial aid packages, even so the only true college discount is a scholarship or grant that you don't have to repay.
A loan is not a genuine college discount, but rather an outcome to consider. Discover how much student loan debt from College of St. Mary Magdalen you may end up taking on.
Number of College of St. Mary Magdalen Scholarships & Grants
The numbers below apply to grants and scholarships mainly offered by the college itself.
100.0% of incoming freshmen (34 total) were given scholarships at College of St. Mary Magdalen, averaging $17,011 a piece. This puts it in the top 40th percentile of all schools in the nation.
In addition to scholarships, 56.0% of freshmen (19 total) received a federal grant, for about $4,271 a person.
View the typical quantity of grants and scholarships first years receive by checking out the chart below.
Grants are typically based on need while scholarships are merit-based.
Amount of Financial Aid Per Family Income
The next chart displays grant and scholarship distributions by family income for freshmen receiving any form of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 17.6% | $21,131 |
| Income 30k-48k | 20.6% | $21,661 |
| Income 48k-75k | 17.6% | $22,142 |
| Income 75k-110k | 17.6% | $18,155 |
| Income 110k + | 2.9% | $11,050 |
Title IV aid features loans, grants, or work-study granted by the federal government typically based on need. Learn more here.
$18,201 is the Average Total an Undergrad Will Get in Grants or Scholarships
Of the 89 undergraduate students at College of St. Mary Magdalen around 96.0% (85 in total) receive some form of grant aid. The standard quantity granted was $18,201.
Financial Aid Links from College of St. Mary Magdalen
| Financial Aid Department Website | www.northeastcatholic.edu |
| Net Price Calculator | www.northeastcatholic.edu |
