by our College Data Analytics TeamMany students are not billed 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 the Holy Cross can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Holy Cross deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from College of the Holy Cross.
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.
At College of the Holy Cross, 68% of first-time, full-time freshmen received some form of financial aid some 563 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $44,334 |
| Institutional grants & scholarships | 57% | $42,010 |
| Federal Pell grants | 16% | $5,588 |
| State/local grants | 7% | $3,608 |
| Federal student loans | 32% | $4,267 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 61% of the undergraduate population received grant aid that averaged $42,409 (across roughly 1869 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $42,409 |
| Federal Pell grants | 15% | $5,703 |
| Federal student loans | 38% | $5,656 |
For students living on campus and receiving title-IV aid, grants averaged $41,552.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,869 |
| $30,001 – $75,000 | $15,909 |
| Over $75,000 | $46,941 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $38,782 |
| Off-campus title-IV students | $36,868 |
For a customized cost estimate, visit Holy Cross’s NPC: www.holycross.edu/financial-aid/financial-aid-calculator.
A typical borrower at Holy Cross leaves with $25,879 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $25,879 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Holy Cross.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $8,000 |
| 25th percentile | $19,000 |
| 75th percentile | $31,919 |
| 90th percentile (highest-debt students) | $32,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,000 |
| Middle income | $26,200 |
| High income | $26,976 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $24,979 |
| Continuing-generation students | $26,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Holy Cross.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Holy Cross:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6346 |
| Total Stafford loan amount | $98,901,721 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $27,731 |
| Average GI Bill amount per recipient | $2,521 |
References
More about our data sources and methodologies.