Understanding Financial Aid for You
Your financial aid, including grants and scholarships, will depend upon your need. The data available on this page will tell you how much you can expect to obtain at College of St. Mary Magdalen based on income and any other factor you may need to consider.
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 $25,756. Approximately 100.0% of new students get some type of financial aid, most of which is in the form of scholarships and grants.
Financial aid helps decrease the cost, or the full retail price of the college. However, be aware that the only true college discount are scholarships & grants.
Worried about the student loans that might be included in your financial aid plan? Find the average amount of debt per student at College of St. Mary Magdalen.
How Much Aid is Offered That Is Not Loans??
The stats following pertain to assistance that is offered by College of St. Mary Magdalen.
100.0% of incoming freshmen (15 total) were given scholarships at College of St. Mary Magdalen, averaging $17,956 a piece. This puts it in the top 20th percentile of all schools in the nation.
In addition to scholarships, 40.0% of freshmen (6 total) received a federal grant, for about $4,538 a person.View the typical amount of grants and scholarships first years receive by studying 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 sort of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 26.7% | $23,540 |
| Income 30k-48k | 6.7% | $17,730 |
| Income 48k-75k | 20.0% | $17,610 |
| Income 75k-110k | 13.3% | $24,200 |
| Income 110k + | 13.3% | $15,500 |
The graph above shows students who are getting Title IV aid which is federal aid from the government including loans, grants or work study. Learn more.
The Typical Undergraduate Who Gets Grant or Scholarship Will get $16,219
60 College of St. Mary Magdalen students receive grands (this is about 61 of the complete student population). The typical amount these students receive is $16,219
Financial Aid Links from College of St. Mary Magdalen
| Financial Aid Department Website | www.northeastcatholic.edu |
| Net Price Calculator | www.northeastcatholic.edu |
