by our College Data Analytics TeamMany students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Thomas More College of Liberal Arts can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Thomas More College of Liberal Arts deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn what amount of financial assistance will be accessible 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 Thomas More College of Liberal Arts.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Thomas More College of Liberal Arts, 96% of first-year full-time students received aid of some kind (about 24 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $23,993 |
| Institutional grants & scholarships | 96% | $21,716 |
| Federal Pell grants | 40% | $5,365 |
| State/local grants | 0% | — |
| Federal student loans | 84% | $5,500 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Thomas More College of Liberal Arts, about 97% of undergrads got grants or scholarships worth on average $22,844 (among about 98 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $22,844 |
| Federal Pell grants | 45% | $5,380 |
| Federal student loans | 82% | $6,855 |
Title-IV recipients living on campus saw average grant aid of $23,593.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,482 |
| $30,001 – $75,000 | $18,439 |
| Over $75,000 | $21,155 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $18,489 |
| Off-campus title-IV students | $21,511 |
To project your own net price, use Thomas More College of Liberal Arts’s official net price calculator: thomasmorecollege.edu/apply/finances/net-price-calculator/.
Graduating students at Thomas More College of Liberal Arts carry a median federal student debt of $22,475 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $22,475 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Federal data publishes pre-calculated indicators that summarize debt outcomes. Thomas More College of Liberal Arts.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Thomas More College of Liberal Arts:
| Metric | Value |
|---|---|
| Stafford loan recipients | 347 |
| Total Stafford loan amount | $5,544,790 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $58,600 |
| Average GI Bill amount per recipient | $29,300 |
References
More about our data sources and methodologies.