by our College Data Analytics TeamThe majority of students will never be charged 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 Saint Mary-of-the-Woods College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can SMWC deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Saint Mary-of-the-Woods College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Saint Mary-of-the-Woods College, 100% of first-year full-time students received aid of some kind some 207 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $28,601 |
| Institutional grants & scholarships | 87% | $20,286 |
| Federal Pell grants | 54% | $5,827 |
| State/local grants | 46% | $16,381 |
| Federal student loans | 57% | $8,507 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At SMWC, around 100% of the undergraduate population received grant aid that averaged $22,232 (across roughly 898 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $22,232 |
| Federal Pell grants | 50% | $5,926 |
| Federal student loans | 48% | $7,837 |
Title-IV recipients living on campus saw average grant aid of $17,640.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $41,009 |
| $30,001 – $75,000 | $42,792 |
| Over $75,000 | $46,563 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $31,872 |
| Off-campus title-IV students | $43,465 |
For a customized cost estimate, visit SMWC’s NPC: www.smwc.edu/offices-resources/offices/financial-aid/net-price-calculator/.
The median student at SMWC graduates with $13,600 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,600 |
| Median federal debt (graduates only) | $19,512 |
| Typical 10-year monthly payment (graduates) | $206.86/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at SMWC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $25,300 |
| 90th percentile (highest-debt students) | $35,222 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,209 |
| Middle income | $14,950 |
| High income | $15,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,149 |
| Continuing-generation students | $15,251 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,750 |
| Independent students | $13,350 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. SMWC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at SMWC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5584 |
| Total Stafford loan amount | $119,254,890 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 17 |
| Total GI Bill amount | $157,789 |
| Average GI Bill amount per recipient | $9,282 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,500 |
| Average DoD amount per recipient | $1,500 |
References
More about our data sources and methodologies.