How Much Financial Assistance is Offered?
$40,300 is the average Saint Mary's College of California's first year financial aid offer. Approximately 96.0% of incoming students obtain some form of financial assistance, the majority of which is scholarships and grants.
Financial aid incorporates loans, grants, and scholarships. However, loans have to be paid off, so they are not a true discount.
Student debt should be regarded as an added expense rather than as "aid" or a "discount". Read more on student loan debt at SMC.
How Much SMC Aid Will I Get That Won't Put Me in Debt?
The stats following pertain to assistance which is supplied by Saint Mary's College of California.
96.0% of first year students (538 total) were given scholarships at Saint Mary's College of California, averaging $26,300 per person. This puts it in the top 20th percentile of all colleges in the country.
As well as scholarships, 26.0% of first years (147 total) were awarded a federal grant, averaging $4,515 each.
See the typical level of scholarships and grants freshmen get by looking at the graph below.
Scholarships are awarded based on special ability or merit, while grants are given based on need.
Financial Aid by Income Level
Find out what amount of scholarship and grant assistance you can plan to obtain based on your income level. The table following displays freshman students getting Title IV aid which includes PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||36.7%||$22,811|
Title IV aid features grants, loans, or work-study granted by the government usually based on financial need. Learn more here.
Scholarships & Grants for All Undergrads Is $26,456
2,382 SMC undergrads get grant aid (this is around 90.0% of the overall student population). The typical amount these students get is $26,456
Saint Mary's College of California Financial Aid Links
|Financial Aid Department Website||www.stmarys-ca.edu/financialaid|
|Net Price Calculator||www.stmarys-ca.edu/admissions-aid/net-price-calculator|