by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Discover the financial aid possibilities at UST and learn what assistance you might qualify for by continuing to read.
University of St. Thomas average financial aid offer for freshmen students is $22,600.00. Approximately 97% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from University of St. Thomas you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers listed below make reference to help that is offered by University of St. Thomas.
95% of new students (320 total) were offered scholarships at University of St. Thomas, averaging $17,976.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 46% of freshman students (155 total) obtained federal grant aid, averaging $5,910.00 a piece.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.92% | $27,152.00 |
| Income 30k-48k | 14.58% | $25,143.00 |
| Income 48k-75k | 8.63% | $28,287.00 |
| Income 75k-110k | 8.33% | $20,506.00 |
| Income 110k + | 10.71% | $16,151.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
97% of the 336 undergraduates at University of St. Thomas receive some sort of grant aid. This is a total of about 322 students getting an average of $22,600.00 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.