Saint Anselm College Financial Aid and Scholarships
Students Receiving Aid
97%
Total Aid Amount
$45.169M
Financial Aid Official Website
www.anselm.edu/admission-aid/tuition-and-financial-aid/overview
Notably, 99% of the students at Saint Anselm College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $9,045,037. For additional information about financial assistance schemes, one can head over to SAC’s financial aid page at http://www.anselm.edu/admission-aid/tuition-and-financial-aid/overview. Notably, a total of 12% of the applicants to Saint Anselm College receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 12% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,212, while the same comes to $1,433 for State Grant receivers and $24,152 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,232. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $33,670 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $36,215, while those falling in the $48,001-$75,000 income category get $31,189 a year. On the other hand, the average federal aid stands at $25,704 for those with an annual family income between $75,001 and $110,000, and at $19,261 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Saint Anselm College, the percentage of candidates who opt to avail of student loans is around 68%.