by our College Data Analytics TeamMany 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 University of Saint Mary can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can University of St. Mary offer you, and what will you qualify for? Keep reading for more information. Keep reading to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at University of Saint Mary.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at University of Saint Mary, 100% of first-year full-time students received aid of some kind some 220 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $25,726 |
| Institutional grants & scholarships | 99% | $21,504 |
| Federal Pell grants | 47% | $5,885 |
| State/local grants | 33% | $3,403 |
| Federal student loans | 91% | $6,883 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At University of St. Mary, roughly 84% of undergraduates were awarded grant or scholarship aid averaging $22,460 (for some 856 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $22,460 |
| Federal Pell grants | 38% | $5,757 |
| Federal student loans | 69% | $9,245 |
For students living on campus and receiving title-IV aid, grants averaged $26,209.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,512 |
| $30,001 – $75,000 | $20,837 |
| Over $75,000 | $24,146 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,519 |
| Off-campus title-IV students | $23,335 |
For a personalized estimate based on your family’s financial situation, use University of St. Mary’s official net price calculator: www.stmary.edu/Admissions/Net-Price-Calculator.aspx.
Graduating students at University of St. Mary carry a median federal student debt of $14,817 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,817 |
| Median federal debt (graduates only) | $22,018 |
| Typical 10-year monthly payment (graduates) | $233.43/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
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 University of St. Mary.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,500 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $31,750 |
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 | $14,250 |
| Middle income | $14,000 |
| High income | $15,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $14,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,000 |
| Independent students | $21,492 |
A handful of calculated indicators summarize the debt outlook at University of St. Mary.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at University of St. Mary:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5801 |
| Total Stafford loan amount | $131,002,479 |
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 | 34 |
| Total GI Bill amount | $456,844 |
| Average GI Bill amount per recipient | $13,437 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $630 |
| Average DoD amount per recipient | $630 |
References
More about our data sources and methodologies.