by our College Data Analytics TeamThe majority of students will not be asked to pay 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 Trocaire College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Trocaire offer, and what will you qualify for? Read on for more information. Scroll down to find out what amount of financial assistance will be accessible 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 Trocaire College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Trocaire College, 98% of new full-time first-years were awarded at least some aid roughly 47 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $12,687 |
| Institutional grants & scholarships | 71% | $2,761 |
| Federal Pell grants | 81% | $5,410 |
| State/local grants | 79% | $6,818 |
| Federal student loans | 71% | $5,487 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 78% of undergrads got grants or scholarships worth on average $7,336 (covering around 860 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $7,336 |
| Federal Pell grants | 50% | $4,264 |
| Federal student loans | 71% | $6,861 |
Title-IV recipients living on campus saw average grant aid of $13,209.
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 | $19,723 |
| $30,001 – $75,000 | $20,211 |
| Over $75,000 | $27,625 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,636 |
| Off-campus title-IV students | $21,236 |
For an estimate tailored to your family circumstances, see Trocaire’s NPC: trocaire.edu/admissions-and-aid/tuition-financial-aid/cost-of-attendance/.
The middle student in the debt distribution at Trocaire owes $16,617 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,617 |
| Median federal debt (graduates only) | $20,000 |
| Typical 10-year monthly payment (graduates) | $212.03/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Trocaire.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,987 |
| 75th percentile | $25,711 |
| 90th percentile (highest-debt students) | $34,750 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $18,522 |
| Middle income | $16,248 |
| High income | $14,344 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,651 |
| Continuing-generation students | $16,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,437 |
| Independent students | $19,017 |
A handful of calculated indicators summarize the debt outlook at Trocaire.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Trocaire:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8514 |
| Total Stafford loan amount | $156,788,698 |
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 | 13 |
| Total GI Bill amount | $169,297 |
| Average GI Bill amount per recipient | $13,023 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $2,000 |
| Average DoD amount per recipient | $2,000 |
References
More about our data sources and methodologies.