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Burlington Standard

Friday, September 20, 2024

Cost of college went up for all students at Saint Michael's College

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Tuition and fees rose 4 percent for 2018-19 at Saint Michael's College, according to recent data from the U.S. Department of Education.

Vermont students paid $45,375 to attend the four-year private not-for-profit institution this year – $1,735 more than the $43,640 charged for 2017-18.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 407 students received grants or scholarships totaling $10.6 million and 272 students took out student loans totaling more than $2.6 million.

Including all undergraduates (1,950), 1,754 students used grants or scholarships totaling $42.4 million, and 1,061 students took out $7.7 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state234$40,750$41,975$43,640$45,37511.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Saint Michael's College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants8220%$444,055$5,415
State / local grant or scholarship389%$90,530$2,382
Institutional grants or scholarships407100%$10,097,625$24,810
Grant or scholarship aid total407100%$10,632,210$26,123
Federal student loans27166%$1,738,863$6,416
Other student loans4912%$853,782$17,424
Student loan aid27267%$2,592,645$9,532
Total student aid408100%--

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