by our College Data Analytics TeamThe total cost of attendance at Thomas University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Interested in understanding the financial aid resources available at TU and your eligibility? Find the answers you seek below.
$6,286.00 is the typical Thomas University’s first year financial aid package. 83% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Thomas University you could end up dealing with.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The stats below refer to aid that is provided by Thomas University.
24% of new students (21 total) were offered scholarships at Thomas University, averaging $4,076.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 24% of first-year students (21 total) got a federal grant, for about $4,112.00 per person.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.84% | $5,032.00 |
| Income 30k-48k | 21.35% | $3,670.00 |
| Income 48k-75k | 4.49% | $3,453.00 |
| Income 75k-110k | 2.25% | $20,159.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
83% of the 89 undergraduates at Thomas University receive some sort of grant aid. This is a total of about 48 students getting an average of $6,286.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.