Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,738, which is 97.56 % of all undergraduate students. 1,080 students which is 60.00% of undergraduate students received federal student loans and the average loan amount is $8,601.

For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 66% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Saint Michael's College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,738, which is 97.56 % of all undergraduate students. 1,080 students which is 60.00% of undergraduate students received federal student loans and the average loan amount is $8,601.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,915 (96%)$19,872336 (17%)$3,9521,290 (65%)$7,203
2014-152,073 (98%)$21,107365 (17%)$3,9461,335 (63%)$7,218
2015-161,939 (97%)$22,702299 (15%)$4,1641,433 (72%)$7,499
2016-171,857 (98%)$22,664267 (14%)$4,0531,136 (60%)$7,212
2017-181,754 (98%)$24,153275 (15%)$4,3701,061 (59%)$7,264
2018-191,641 (97%)$26,424282 (17%)$4,339987 (58%)$10,348
2019-201,554 (98%)$28,080252 (16%)$4,302919 (58%)$10,627
2020-211,498 (97%)$30,516258 (17%)$4,555787 (51%)$10,334
2021-221,412 (99%)$32,299277 (19%)$4,672769 (54%)$9,703
Average1,738 (97.56%)$25,313290 (16.33%)$4,2611,080 (60.00%)$8,601
*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.

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

For the last 10 years, on average, 437 (99.89 % of students) received grants or scholarships and its average amount is $27,541. It can cover 55.04% of tuition & fees ($50,040).

In addition, 292 (66.33 % of students) students get helped from the students loans (average amount : $10,907).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14501 (99%)$21,775357 (71%)$9,698
2014-15574 (100%)$21,701370 (64%)$8,884
2015-16462 (100%)$22,498379 (82%)$9,222
2016-17458 (100%)$23,373293 (64%)$9,149
2017-18407 (100%)$26,123272 (67%)$9,532
2018-19447 (100%)$29,229304 (68%)$12,467
2019-20392 (100%)$31,264240 (61%)$14,231
2020-21374 (100%)$34,746220 (59%)$12,862
2021-22316 (100%)$37,162193 (61%)$12,115
Average437 (99.89%)$27,541292 (66.33%)$10,907
*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, 83 (19.33 % of students) received Pell (federal) grants and its average amount is $4,301.

In addition, 49 students received State/local government grants/scholarships (11.00 % 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
2013-1479 (16%)$4,17580 (16%)$1,48748 (9%)$1,838501 (99%)$20,703
2014-15113 (20%)$4,087107 (19%)$1,23073 (13%)$1,609573 (100%)$20,498
2015-1665 (14%)$4,13362 (13%)$1,25843 (9%)$1,732462 (100%)$21,587
2016-1772 (16%)$4,13469 (15%)$1,59948 (10%)$1,813458 (100%)$22,292
2017-1882 (20%)$4,19780 (20%)$1,24938 (9%)$2,382407 (100%)$24,810
2018-1997 (22%)$4,23796 (21%)$1,56346 (10%)$2,265447 (100%)$27,741
2019-2063 (16%)$4,286216 (55%)$1,13548 (12%)$2,647392 (100%)$29,626
2020-2184 (22%)$4,489114 (30%)$2,47056 (15%)$2,835374 (100%)$32,561
2021-2288 (28%)$4,97188 (28%)$2,11338 (12%)$3,114316 (100%)$34,815
Average83 (19.33%)$4,301101 (24.11%)$1,56749 (11.00%)$2,248437 (99.89%)$26,070
*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, 292 (66.33 % of students) get any students loan help and its average loan amount is $292.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14357 (71%)$9,698355 (70%)$6,52276 (15%)$15,090
2014-15370 (64%)$8,884366 (64%)$6,38960 (10%)$15,808
2015-16379 (82%)$9,222375 (81%)$6,54261 (13%)$17,080
2016-17293 (64%)$9,149289 (63%)$6,28656 (12%)$15,429
2017-18272 (67%)$9,532271 (66%)$6,41649 (12%)$17,424
2018-19304 (68%)$12,467301 (67%)$8,11882 (18%)$16,423
2019-20240 (61%)$14,231222 (57%)$9,09778 (20%)$17,898
2020-21220 (59%)$12,862205 (55%)$8,21060 (16%)$19,109
2021-22193 (61%)$12,115186 (59%)$7,78052 (16%)$17,140
Average292 (66.33%)$10,907286 (64.67%)$7,26264 (14.67%)$16,822

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