by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$30,510.00 is the typical Mount Saint Mary’s University’s first year financial aid package. 100% of first-year students are awarded financial aid, primarily comprising 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 college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Mount Saint Mary’s University 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 following numbers pertain to assistance that is supplied by Mount Saint Mary’s University.
100% of new students (401 total) were given scholarships at Mount Saint Mary’s University, averaging $20,856.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 71% of freshman students (283 total) obtained federal grant aid, averaging $5,448.00 a piece.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 36.91% | $28,158.00 |
| Income 30k-48k | 15.71% | $28,851.00 |
| Income 48k-75k | 12.72% | $24,040.00 |
| Income 75k-110k | 7.73% | $21,736.00 |
| Income 110k + | 9.48% | $25,515.00 |
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.
Of the 401 undergraduate students at Mount Saint Mary’s University around 100% (401 total) receive some form of grant aid. The typical amount awarded was $30,510.00.
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.