Scholarships, Grants, and Loan Trends at Albertus Magnus

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 908, which is 78.78 % of all undergraduate students. 927 students which is 79.89% of undergraduate students received federal student loans and the average loan amount is $9,251.
For full-time, first-time beginning students (freshmen), 95.44% of students received grants or scholarships and 82% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Albertus Magnus College since 2013.
For that period, the average number of students who received grants aid/scholarships is 908, which is 78.78 % of all undergraduate students. 927 students which is 79.89% of undergraduate students received federal student loans and the average loan amount is $9,251.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14905 (71%)$13,207564 (44%)$4,1281,021 (80%)$8,676
2014-15989 (79%)$12,406624 (50%)$4,1671,038 (83%)$8,777
2015-16905 (76%)$12,888625 (52%)$4,117985 (82%)$8,683
2016-17867 (71%)$13,298646 (53%)$4,1441,025 (84%)$8,600
2017-18875 (78%)$15,107625 (55%)$4,439953 (84%)$8,931
2018-19762 (68%)$15,834560 (50%)$4,785800 (72%)$9,805
2019-20971 (87%)$15,076573 (51%)$4,761901 (81%)$9,924
2020-211,074 (99%)$14,789522 (48%)$4,703850 (78%)$9,793
2021-22821 (80%)$19,174482 (47%)$4,858773 (75%)$10,069
Average908 (78.78%)$14,642580 (50.00%)$4,456927 (79.89%)$9,251

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 156 (95.44 % of students) received grants or scholarships and its average amount is $21,870. It can cover 54.78% of tuition & fees ($39,924).
In addition, 133 (82.44 % of students) students get helped from the students loans (average amount : $8,595).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14134 (90%)$20,387122 (82%)$7,916
2014-15144 (92%)$18,577135 (86%)$7,667
2015-16130 (92%)$19,702124 (87%)$7,368
2016-17121 (94%)$21,245111 (86%)$6,697
2017-18110 (97%)$22,17499 (88%)$6,888
2018-19166 (98%)$22,949140 (83%)$8,120
2019-20246 (100%)$22,383195 (79%)$10,852
2020-21175 (99%)$23,401143 (81%)$11,083
2021-22182 (97%)$26,016131 (70%)$10,764
Average156 (95.44%)$21,870133 (82.44%)$8,595
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 89 (55.22 % of students) received Pell (federal) grants and its average amount is $4,822.
In addition, 41 students received State/local government grants/scholarships (27.33 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1469 (46%)$4,51161 (41%)$58583 (56%)$2,834120 (81%)$17,914
2014-1584 (54%)$4,62862 (39%)$64780 (51%)$2,831121 (77%)$16,693
2015-1690 (63%)$4,45669 (49%)$61969 (49%)$2,891109 (77%)$17,596
2016-1778 (60%)$4,52566 (51%)$56948 (37%)$2,750111 (86%)$18,452
2017-1876 (67%)$4,73964 (57%)$50718 (16%)$4,19098 (87%)$20,113
2018-19105 (62%)$5,165105 (62%)$46322 (13%)$4,195152 (90%)$20,568
2019-20126 (51%)$5,171204 (83%)$88210 (4%)$3,289231 (94%)$20,094
2020-2183 (47%)$5,03579 (45%)$3,10015 (8%)$3,473169 (95%)$20,001
2021-2288 (47%)$5,17286 (46%)$57222 (12%)$1,983180 (96%)$23,261
Average89 (55.22%)$4,82288 (52.56%)$88341 (27.33%)$3,160143 (87.00%)$19,410
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 133 (82.44 % of students) get any students loan help and its average loan amount is $133.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14122 (82%)$7,916122 (82%)$6,58511 (7%)$14,761
2014-15135 (86%)$7,667134 (85%)$6,6339 (6%)$16,255
2015-16124 (87%)$7,368124 (87%)$6,9076 (4%)$9,522
2016-17111 (86%)$6,697111 (86%)$6,0186 (5%)$12,572
2017-1899 (88%)$6,88899 (88%)$6,3824 (4%)$12,509
2018-19140 (83%)$8,120140 (83%)$6,39317 (10%)$14,226
2019-20195 (79%)$10,852193 (78%)$8,97232 (13%)$12,017
2020-21143 (81%)$11,083143 (81%)$9,15917 (10%)$16,180
2021-22131 (70%)$10,764130 (70%)$9,04418 (10%)$13,024
Average133 (82.44%)$8,595133 (82.22%)$7,34413 (7.67%)$13,452
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