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.
Interested in understanding the financial aid resources available at Saint Peter’s College and your eligibility? Find the answers you seek below.
$32,069.00 is the typical Saint Peter’s University’s first year financial aid package. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Saint Peter’s University.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
99% of new students (423 total) were offered scholarships at Saint Peter’s University, averaging $20,435.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 67% of freshmen (284 total) received a federal grant, for about $5,661.00 a 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 | 37.94% | $36,325.00 |
| Income 30k-48k | 18.74% | $35,570.00 |
| Income 48k-75k | 8.90% | $31,315.00 |
| Income 75k-110k | 1.64% | $27,172.00 |
| Income 110k + | 0.70% | $22,877.00 |
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.
424 Saint Peter’s College undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $32,069.00.
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.