A large number of students are not billed 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 price tag of going to Saint Anselm College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can St. Anselm College offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to see just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Saint Anselm 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 Saint Anselm College, 100% of first-time, full-time freshmen received some form of financial aid (about 573 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $31,704 |
| Institutional grants & scholarships | 100% | $30,731 |
| Federal Pell grants | 14% | $5,302 |
| State/local grants | 3% | $1,447 |
| Federal student loans | 69% | $5,434 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 99% of undergraduates were awarded grant or scholarship aid averaging $31,463 (across approximately 2030 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $31,463 |
| Federal Pell grants | 11% | $5,031 |
| Federal student loans | 69% | $6,528 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $32,434.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,816 |
| $30,001 – $75,000 | $27,173 |
| Over $75,000 | $36,337 |
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 | $34,779 |
| Off-campus title-IV students | $34,744 |
For a customized cost estimate, visit St. Anselm College’s NPC: anselm.clearcostcalculator.com/student/default/netpricecalculator/survey.
A typical borrower at St. Anselm College leaves with $26,987 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $26,987 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at St. Anselm College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $33,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $26,681 |
| Middle income | $26,000 |
| High income | $27,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $26,533 |
| Continuing-generation students | $27,000 |
The figure below distills the debt data into a single burden category for St. Anselm College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at St. Anselm College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6498 |
| Total Stafford loan amount | $99,171,196 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 41 |
| Total GI Bill amount | $939,800 |
| Average GI Bill amount per recipient | $22,922 |
References
More about our data sources and methodologies.