by our College Data Analytics TeamMany students attending Holy Cross College can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Interested in understanding the financial aid resources available at Holy Cross College and your eligibility? Find the answers you seek below.
$21,187.00 is the typical Holy Cross College’s first year financial aid package. 72% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Holy Cross College.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The stats below refer to aid that is provided by Holy Cross College.
63% of first-year students (118 total) were offered scholarships at Holy Cross College, averaging $17,176.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 24% of first-year students (45 total) got federal grant aid, averaging $5,700.00 per person.
Amount of Financial Assistance Per Income Level
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 11.23% | $28,561.00 |
| Income 30k-48k | 8.02% | $27,500.00 |
| Income 48k-75k | 6.42% | $22,658.00 |
| Income 75k-110k | 8.56% | $20,073.00 |
| Income 110k + | 12.30% | $11,529.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 187 undergraduate students at Holy Cross College around 72% (121 total) receive some form of grant aid. The typical amount awarded was $21,187.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.