What Amount of Financial Assistance is Offered?
Saint Michael's College's average financial aid package for newly arriving freshman students is $32,522. Around 100.0% of incoming students get some money for college, the majority of which is in the form of scholarships and grants.
Student loans technically fall under the umbrella of 'financial aid', however the only true college discount is a grant or scholarship that you do not have to pay back.
A student loan isn't a legitimate college price reduction, but rather an additional cost consideration. Find out how much student loan debt from Saint Michael's you may end up dealing with.
How Much Aid Is Available in Grants & Scholarships?
The stats listed below make reference to help which is provided by Saint Michael's College.
100.0% of freshmen (458 total) were awarded scholarships at Saint Michael's College, averaging $22,292 per student. This puts it in the top 20th percentile of all colleges in the country.
As well as scholarships, 16.0% of first years (72 total) were awarded federal grant aid, averaging $5,666 each.
The chart underneath displays the usual level of grant and scholarship aid given to all first year students.
Scholarships are awarded based on merit, while grants are given due to need.
Amount of Financial Aid By Income Level
Discover just how much grant and scholarship assistance you might expect to receive based on your income level. The chart below displays first year students getting federal Title IV aid including PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||35.4%||$21,791|
Title IV aid contains grants, loans, or work-study given by the government commonly based on financial need. Learn more here.
Grants & Scholarships for All Undergrads Is $22,664
98.0% of the 1,902 undergraduates at Saint Michael's College qualify for some type of grant aid. A total of approximately 1,857 students receiving about $22,664 each.
Saint Michael's College Financial Aid Info
|Financial Aid Department Website||www.smcvt.edu/financialaid|
|Net Price Calculator||www.smcvt.edu/admissions/financial-aid-and-tuition/tuition-resources.aspx|