A lot of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Mount Angel Seminary can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Mount Angel Seminary deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Mount Angel Seminary.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Mount Angel Seminary, 100% of new full-time first-years were awarded at least some aid (about 2 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,132 |
| Institutional grants & scholarships | 50% | $5,264 |
| Federal Pell grants | 0% | — |
| State/local grants | 50% | $3,000 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 50% of undergraduate students received gift aid averaging $7,403 (covering around 17 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $7,403 |
| Federal Pell grants | 18% | $6,745 |
| Federal student loans | 9% | $8,833 |
These indicators are derived from the underlying debt data and summarize the overall picture at Mount Angel Seminary.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Mount Angel Seminary:
| Metric | Value |
|---|---|
| Stafford loan recipients | 51 |
| Total Stafford loan amount | $755,754 |
References
More about our data sources and methodologies.