$4,447

Avg. Federal Grant

$5,839

Avg. Federal Loan

$40,283,803

Total Aid Awarded

Saint Norbert College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$40.284M

Financial Aid Official Website

www.snc.edu/financialaid/

Interestingly, almost all of the students at SNC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $8,866,182 in a year. One can visit SNC's financial aid page at http://www.snc.edu/financialaid/ for more information. Notably, a total of 24% of the applicants to Saint Norbert College receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 24% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,637, while the same comes to $3,113 for State Grant receivers and $20,918 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,211. 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 $28,976 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $26,019, while those falling in the $48,001-$75,000 income category get $25,282 a year. Those with an annual income level of $75,001-$110,000 would receive $22,014, while candidates with more than $110,000 of family income receive an average federal aid of $16,177. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 69% of the applicants to Saint Norbert College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

23%

State Grant Aid

35%

Institution Grant Aid

100%

Pell Grant

22%

Average Aid Awarded

Federal Grant Aid

$4,447

State Grant Aid

$2,945

Institution Grant Aid

$18,594

Pell Grant

$3,825

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$28,319

$30,001 - $48,000

$29,936

$48,001 - $75,000

$25,036

$75,001 - $110,000

$23,209

Over $110,000

$17,815

Student Loans for Saint Norbert College

Average Loan Amount Average Loan Amount received per year.

$9,541/Year

Students Taking Out Loans

64%

Loan Default Rate

2.2%

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