by our College Data Analytics TeamA large number of students will never be charged 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 total cost of going to Thomas Aquinas College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can TAC deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Thomas Aquinas 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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Thomas Aquinas College, 80% of entering full-time freshmen got some type of financial assistance (about 115 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $18,606 |
| Institutional grants & scholarships | 72% | $15,418 |
| Federal Pell grants | 33% | $5,341 |
| State/local grants | 9% | $8,813 |
| Federal student loans | 71% | $3,598 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, roughly 66% of undergraduate students received gift aid averaging $17,516 (across roughly 355 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $17,516 |
| Federal Pell grants | 27% | $5,317 |
| Federal student loans | 67% | $4,869 |
For on-campus title-IV students, average grant aid came to $17,230.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,433 |
| $30,001 – $75,000 | $19,123 |
| Over $75,000 | $27,071 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,196 |
| Off-campus title-IV students | $25,032 |
To get a personalized net price estimate, try TAC’s net price calculator: thomasaquinas.edu/admission/net-price-calculator-financial-aid-calculator.
A typical borrower at TAC leaves with $18,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,000 |
| Median federal debt (graduates only) | $18,000 |
| Typical 10-year monthly payment (graduates) | $190.83/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at TAC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,250 |
| 25th percentile | $12,750 |
| 75th percentile | $18,000 |
| 90th percentile (highest-debt students) | $20,250 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| High income | $18,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,000 |
| Continuing-generation students | $18,000 |
A handful of calculated indicators summarize the debt outlook at TAC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at TAC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1044 |
| Total Stafford loan amount | $12,030,461 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $170,856 |
| Average GI Bill amount per recipient | $24,408 |
References
More about our data sources and methodologies.