by our College Data Analytics TeamMany students attending The College of Saint Scholastica can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Discover the financial aid possibilities at St. Scholastica and learn what assistance you might qualify for by continuing to read.
$27,681.00 is the typical The College of Saint Scholastica’s first year financial aid package. 100% 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 The College of Saint Scholastica you could end up dealing with.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers apply to scholarships and grants largely offered by the school itself.
99% of incoming freshmen (446 total) were given scholarships at The College of Saint Scholastica, averaging $24,215.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 91% of freshmen (408 total) received a federal grant, for about $1,716.00 a person.
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 | 9.80% | $33,113.00 |
| Income 30k-48k | 6.90% | $33,991.00 |
| Income 48k-75k | 13.59% | $31,831.00 |
| Income 75k-110k | 16.70% | $26,864.00 |
| Income 110k + | 24.50% | $24,020.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
447 St. Scholastica undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $27,681.00.
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.