$5,526

Avg. Federal Grant

$10,500

Avg. Federal Loan

$220,000

Total Aid Awarded

Saint Michael College of Allied Health Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

80%

Total Aid Amount Average Total Aid Awarded per year.

$220.000K

Financial Aid Official Website

N/A

Notably, 73% of the students at Saint Michael College of Allied Health get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $235,000. At SMCAH, the total percentage of applicants who receive the Federal Grant stands at 69%. Meanwhile, 69% of the applicants receive the Student Grant, while 69% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,212. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 69% of the applicants to Saint Michael College of Allied Health opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

73%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

73%

Average Aid Awarded

Federal Grant Aid

$5,526

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,526

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,526

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Saint Michael College of Allied Health

Average Loan Amount Average Loan Amount received per year.

$10,500/Year

Students Taking Out Loans

73%

Loan Default Rate

N/A

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