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.
What financial aid options does STAC offer, and what will you qualify for? Keep scrolling for answers.
$25,541.00 is the typical St. Thomas Aquinas College’s first year financial aid package. 99% of first-year students are awarded financial aid, primarily comprising 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 student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from St. Thomas Aquinas College you could end up dealing with.
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 stats below refer to aid that is provided by St. Thomas Aquinas College.
99% of first-year students (240 total) were offered scholarships at St. Thomas Aquinas College, averaging $22,459.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 40% of first years (97 total) were awarded federal grant aid, averaging $4,907.00 each.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 20.16% | $32,453.00 |
| Income 30k-48k | 10.29% | $28,220.00 |
| Income 48k-75k | 10.29% | $24,181.00 |
| Income 75k-110k | 7.41% | $24,094.00 |
| Income 110k + | 16.87% | $21,756.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 243 undergraduate students at St. Thomas Aquinas College around 99% (240 total) receive some form of grant aid. The typical amount awarded was $25,541.00.
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.