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.
Interested in understanding the financial aid resources available at University of St. Mary and your eligibility? Find the answers you seek below.
University of Saint Mary average financial aid offer for freshmen students is $20,156.00. 100% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at University of Saint Mary.
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 stats below refer to aid that is provided by University of Saint Mary.
100% of incoming freshmen (149 total) were awarded scholarships at University of Saint Mary, averaging $16,690.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 87% of freshmen (129 total) received a federal grant, for about $2,648.00 a person.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.75% | $23,539.00 |
| Income 30k-48k | 12.75% | $22,898.00 |
| Income 48k-75k | 18.12% | $22,968.00 |
| Income 75k-110k | 16.78% | $20,105.00 |
| Income 110k + | 38.26% | $17,195.00 |
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.
Of the 149 undergraduate students at University of Saint Mary around 100% (149 total) receive some form of grant aid. The typical amount awarded was $20,156.00.
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.