by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Uncover the various financial aid options provided by TAC and determine which ones you may be eligible for by continuing your exploration.
Thomas Aquinas College average financial aid offer for freshmen students is $14,097.00. Financial aid is provided to about 86% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Thomas Aquinas College.
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 next numbers refer to grants and scholarships mainly supplied by the college itself.
60% of incoming freshmen (70 total) were awarded scholarships at Thomas Aquinas College, averaging $11,197.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 78% of freshmen (91 total) obtained a federal grant, for about $1,762.00 a piece.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 4.27% | $22,307.00 |
| Income 30k-48k | 1.71% | $21,294.00 |
| Income 48k-75k | 7.69% | $15,985.00 |
| Income 75k-110k | 20.51% | $15,220.00 |
| Income 110k + | 23.08% | $6,223.00 |
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.
98 TAC undergrads obtain grant aid (this is about 86% of the entire undergraduate student population). The average amount these students receive is $14,097.00.
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.