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Thursday, November 21, 2024

Cost of college went up for all students at Albertus Magnus College

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Tuition and fees rose 3 percent for 2018-19 at Albertus Magnus College, according to recent data from the U.S. Department of Education.

Connecticut students paid $32,060 to attend the four-year private not-for-profit institution this year – $920 more than the $31,140 charged for 2017-18.

Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 110 students received grants or scholarships totaling $2.4 million and 99 students took out student loans totaling more than $681,876.

Including all undergraduates (1,456), 875 students used grants or scholarships totaling $13.2 million, and 953 students took out $8.5 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~1,340$29,650$30,526$31,140$32,0608.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Albertus Magnus College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants7667%$392,582$5,166
State / local grant or scholarship1816%$75,425$4,190
Institutional grants or scholarships9887%$1,971,083$20,113
Grant or scholarship aid total11097%$2,439,090$22,174
Federal student loans9988%$631,839$6,382
Other student loans44%$50,037$12,509
Student loan aid9988%$681,876$6,888
Total student aid11299%--

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