by our College Data Analytics TeamA large number of 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 sum total of attendance at Mount Aloysius College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Mount Aloysius deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Mount Aloysius College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Mount Aloysius College, 100% of first-time, full-time freshmen received some form of financial aid roughly 321 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $18,560 |
| Institutional grants & scholarships | 98% | $12,196 |
| Federal Pell grants | 41% | $5,374 |
| State/local grants | 67% | $6,151 |
| Federal student loans | 77% | $5,721 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Mount Aloysius, about 37% of the undergraduate population received grant aid that averaged $17,139 (across roughly 1098 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 37% | $17,139 |
| Federal Pell grants | 15% | $5,061 |
| Federal student loans | 31% | $6,836 |
For on-campus title-IV students, average grant aid came to $18,091.
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 | $16,917 |
| $30,001 – $75,000 | $17,618 |
| Over $75,000 | $24,408 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,344 |
| Off-campus title-IV students | $20,748 |
For a personalized estimate based on your family’s financial situation, use Mount Aloysius’s online cost calculator: [tcc.ruffalonl.com/Mount Aloysius College/Freshman-Students](https://tcc.ruffalonl.com/Mount Aloysius College/Freshman-Students).
The middle student in the debt distribution at Mount Aloysius owes $16,980 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,980 |
| Median federal debt (graduates only) | $24,287 |
| Typical 10-year monthly payment (graduates) | $257.48/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Mount Aloysius.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,250 |
| 75th percentile | $26,900 |
| 90th percentile (highest-debt students) | $34,417 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $16,500 |
| Middle income | $18,500 |
| High income | $15,474 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,980 |
| Continuing-generation students | $17,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,317 |
| Independent students | $20,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Mount Aloysius.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Mount Aloysius:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7792 |
| Total Stafford loan amount | $135,863,041 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $468,213 |
| Average GI Bill amount per recipient | $23,411 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $9,000 |
| Average DoD amount per recipient | $4,500 |
References
More about our data sources and methodologies.