by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
What amount of St Philip’s College financial assistance will actually be available to you?Get answers to your questions here.
$5,258.00 is the typical St Philip’s College’s first year financial aid package. 80% of reshman students get financial aid, most of which is in the form of loans
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 should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at St Philip’s College.
As well as scholarships, 67% of freshmen (359 total) received a federal grant, for about $5,111.00 a person.
The following scholarships and grants are composed of primarily federal grants, and some local and state grants.
67% of first-year students at St Philip’s College (359 total) obtained a federal grant, averaging $5,111.00.
Amount of Financial Assistance Per Income Level
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 41.19% | $5,749.00 |
| Income 30k-48k | 14.84% | $5,235.00 |
| Income 48k-75k | 5.01% | $3,992.00 |
| Income 75k-110k | 0.74% | $2,060.00 |
| Income 110k + | 0.00% | $0.00 |
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.
427 St Philip’s College undergrads obtain grant aid (this is about 80% of the entire undergraduate student population). The average amount these students receive is $5,258.00.The majority of which come in the form of Pell Grants.
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.