$5,428

Avg. Federal Grant

$5,062

Avg. Federal Loan

$58,672,923

Total Aid Awarded

Stonehill College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$58.673M

Financial Aid Official Website

https://www.stonehill.edu/financial-aid/

Among them are scholarship programs such as Archdiocese of Boston Scholarship, Dean's Scholarship, Diocese of Fall River Scholarship, and Heriberto Flores Scholarship. It is interesting to note that almost every student at SC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $10,517,421. For additional information about financial assistance schemes, one can head over to SC’s financial aid page at https://www.stonehill.edu/financial-aid/. The total percentage of candidates applying to Stonehill College who receive the Federal Grant is 16%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 16% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,717, while the same comes to $2,592 for State Grant receivers and $23,744 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,454. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $36,739 on average in a year. The average aid amount stands at $34,346 for an annual family income between $30,001 and $48,000. This amount comes to $29,378 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $24,434. And, for those with a family income of more than $110,000, the amount stands at $20,561. 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 Stonehill College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

14%

State Grant Aid

11%

Institution Grant Aid

99%

Pell Grant

14%

Average Aid Awarded

Federal Grant Aid

$5,428

State Grant Aid

$2,235

Institution Grant Aid

$22,146

Pell Grant

$4,389

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$33,523

$30,001 - $48,000

$33,868

$48,001 - $75,000

$28,966

$75,001 - $110,000

$25,517

Over $110,000

$21,312

Student Loans for Stonehill College

Average Loan Amount Average Loan Amount received per year.

$9,173/Year

Students Taking Out Loans

68%

Loan Default Rate

1.7%

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