by our College Data Analytics TeamMany students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Saint Michael College of Allied Health can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Saint Michael College of Allied Health offer, and what will you qualify for? Keep reading for more information. Keep going to learn 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. The figures below will help you estimate the aid you might receive from Saint Michael College of Allied Health.
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.
For freshmen starting at Saint Michael College of Allied Health, 97% of first-time, full-time freshmen received some form of financial aid approximately 29 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $6,654 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 87% | $6,654 |
| State/local grants | 0% | — |
| Federal student loans | 87% | $8,662 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, roughly 24% of undergrads got grants or scholarships worth on average $7,840 (across roughly 30 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 24% | $7,840 |
| Federal Pell grants | 22% | $6,778 |
| Federal student loans | 22% | $9,933 |
For students living on campus and receiving title-IV aid, grants averaged $6,654.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $39,699 |
| $30,001 – $75,000 | $41,988 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $38,751 |
| Off-campus title-IV students | $39,699 |
For a customized cost estimate, visit Saint Michael College of Allied Health’s NPC: www.smcah.edu/netpricecalculator.
A typical borrower at Saint Michael College of Allied Health leaves with $15,187 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,187 |
| Median federal debt (graduates only) | $17,713 |
| Typical 10-year monthly payment (graduates) | $187.79/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Saint Michael College of Allied Health.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $7,000 |
| 75th percentile | $14,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $17,713 |
A handful of calculated indicators summarize the debt outlook at Saint Michael College of Allied Health.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Saint Michael College of Allied Health:
| Metric | Value |
|---|---|
| Stafford loan recipients | 500 |
| Total Stafford loan amount | $6,100,123 |
References
More about our data sources and methodologies.