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.
Uncover the various financial aid options provided by Saint Vincent and determine which ones you may be eligible for by continuing your exploration.
$29,043.00 is the typical Saint Vincent College’s first year financial aid package. About 100% of first year students receive financial aid, most of which is 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.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Saint Vincent College.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The numbers below apply to scholarships and grants primarily provided by Saint Vincent College.
100% of incoming freshmen (358 total) were awarded scholarships at Saint Vincent College, averaging $25,849.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 32% of first-year students (116 total) got federal grant aid, averaging $6,184.00 per person.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.29% | $35,035.00 |
| Income 30k-48k | 10.06% | $32,534.00 |
| Income 48k-75k | 13.41% | $30,458.00 |
| Income 75k-110k | 15.64% | $28,448.00 |
| Income 110k + | 32.12% | $24,118.00 |
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.
Of the 358 undergraduate students at Saint Vincent College around 100% (358 total) receive some form of grant aid. The typical amount awarded was $29,043.00.
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.