$4,554

Avg. Federal Grant

$4,727

Avg. Federal Loan

$16,695,425

Total Aid Awarded

Saint Paul College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$16.695M

Financial Aid Official Website

https://www.saintpaul.edu/admissions/financial-aid

It is interesting to note that, every year, around 87% of students at SPC receive some kind of financial aid, while the total amount of assistance/loans provided is $9,611,818. The total percentage of candidates applying to Saint Paul College who receive the Federal Grant is 73%. In comparison, 79% of the students get the Student Grant, and 73% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,910, the State Grant receivers and Institution Grant beneficiaries get $1,313 and $1,019, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,613. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 SPC, an estimated number of 23% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

69%

Institution Grant Aid

1%

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$4,554

State Grant Aid

$1,019

Institution Grant Aid

$1,445

Pell Grant

$4,519

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,609

$30,001 - $48,000

$5,190

$48,001 - $75,000

$4,169

$75,001 - $110,000

$680

Over $110,000

N/A

Student Loans for Saint Paul College

Average Loan Amount Average Loan Amount received per year.

$4,846/Year

Students Taking Out Loans

24%

Loan Default Rate

20.1%

Other Colleges In Minnesota

Capella University is one of the most prominent leading online universities which offer numerous programs that are competency-based curricula such as GuidedPath: The platform that aims at delivering foundational knowledge and real-world skills, so everything students learn is app

Minneapolis, Minnesota 4 years Private For-Profit

A private university by the name of Carleton College is located in Northfield, Minnesota. Taking into account all the courses offered at Carleton College, the total enrolment stands at 2,115. The school has an academic staff of 235 who teach various courses to the students. At Carleton College, a

Northfield, Minnesota 4 years Private Not-For-Profit

#N/A

Winona, Minnesota 4 years Public

Other Colleges In Saint Paul

Saint Paul, Minnesota 4 years Private Not-For-Profit

#N/A

Saint Paul, Minnesota 4 years Private Not-For-Profit

#N/A

Saint Paul, Minnesota 4 years Private Not-For-Profit

Other Public Colleges

The University of Delaware, a public research institute, is dedicated to making educational and experiential opportunities accessible to the broadest possible range of audiences and participants throughout the state, the n

Newark, Delaware 4 years Public

Great Basin College is a public university located in Elko, Nevada. Taking into account all the courses offered at Great Basin College, the total enrolment stands at 3,852. The school has an academic staff of 226 who teach various courses to the students. Speaking of gender distribution, there are a

Elko, Nevada 4 years Public

Port Charlotte, Florida 2 years Public