$4,320

Avg. Federal Grant

$3,638

Avg. Federal Loan

$3,073,042

Total Aid Awarded

Thomas Aquinas College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$3.073M

Financial Aid Official Website

https://thomasaquinas.edu/admission/financial-aid

Among them are scholarship programs such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. As many as 80% of the students at TAC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,369,356 in a year. Notably, a total of 22% of the applicants to Thomas Aquinas College receive the Federal Grant every year. Meanwhile, 61% of the applicants receive the Student Grant and 58% are awarded the Institution Grant, while 22% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,284, and the same stands at $8,555 for State Grant awardees and $12,140 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,201. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. At TAC, an estimated number of 79% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

23%

State Grant Aid

10%

Institution Grant Aid

50%

Pell Grant

23%

Average Aid Awarded

Federal Grant Aid

$4,320

State Grant Aid

$9,084

Institution Grant Aid

$11,542

Pell Grant

$4,320

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$21,334

$30,001 - $48,000

$20,700

$48,001 - $75,000

$18,055

$75,001 - $110,000

$13,750

Over $110,000

$6,186

Student Loans for Thomas Aquinas College

Average Loan Amount Average Loan Amount received per year.

$4,326/Year

Students Taking Out Loans

69%

Loan Default Rate

N/A

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