by our College Data Analytics TeamFinancial 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.
Curious about the financial aid opportunities at Mount St. Joe and what you may be eligible for? Explore the answers here.
$20,529.00 is the typical Mount St. Joseph University’s first year financial aid package. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Mount St. Joseph University.
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 Mount St. Joseph University.
100% of incoming freshmen (287 total) were awarded scholarships at Mount St. Joseph University, averaging $18,064.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 94% of first-year students (271 total) got a federal grant, for about $3,324.00 per person.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 14.58% | $24,987.00 |
| Income 30k-48k | 9.03% | $25,276.00 |
| Income 48k-75k | 14.24% | $21,635.00 |
| Income 75k-110k | 22.57% | $19,288.00 |
| Income 110k + | 24.65% | $17,433.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
100% of the 288 undergraduates at Mount St. Joseph University receive some sort of grant aid. This is a total of about 288 students getting an average of $20,529.00 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.