$5,477

Avg. Federal Grant

$5,668

Avg. Federal Loan

$7,865,917

Total Aid Awarded

Villa Maria College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$7.866M

Financial Aid Official Website

https://www.villa.edu/admission/financial-aid/

As many as 99% of the students at VMC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,000,545 in a year. At VMC, the total percentage of applicants who receive the Federal Grant stands at 65%. On the other hand, 99% of the candidates get the Student Grant, 98% receive the Institution Grant, and 65% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,965, the State Grant receivers and Institution Grant beneficiaries get $4,460 and $8,162, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,741. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. At VMC, an estimated number of 75% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

77%

State Grant Aid

81%

Institution Grant Aid

98%

Pell Grant

77%

Average Aid Awarded

Federal Grant Aid

$5,477

State Grant Aid

$4,575

Institution Grant Aid

$9,005

Pell Grant

$5,348

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$19,453

$30,001 - $48,000

$19,173

$48,001 - $75,000

$14,135

$75,001 - $110,000

$12,930

Over $110,000

$13,004

Student Loans for Villa Maria College

Average Loan Amount Average Loan Amount received per year.

$5,865/Year

Students Taking Out Loans

75%

Loan Default Rate

16.1%

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