| Screen last updated on: December 2016 |
The financial aid information below is valid for the 2015 academic year.
|
| Financial aid officer: |
Ann Whitmer,
Director of Financial Aid |
| Contacting the office: |
517 629-0440
517 629-0581 (fax)
financialaidoffice@
albion.edu |
| FAFSA number: |
002235 |
|
| Undergraduate tuition: |
$40,570; $40,570 out-of-state |
| Additional required fees: |
$470 |
| Book fees: |
$700 |
| Miscellaneous expenses: |
$800 |
| Other expenses: |
Transportation, personal. |
| Combined room and board expenses: |
$11,610 |
|
| Required form |
Priority date |
Rolling? |
Closing date |
| FAFSA | February 1 | no | N/A |
|
| Date award notification begins: |
March 15 |
| Applied for financial aid: |
 | |
| 90% | of first-year students |
| 83% | of full-time undergraduates |
|
| Determined to have financial need: |
| |
| 88% | of first-year students |
| 90% | of full-time undergraduates |
|
| Students determined to have financial need who received any financial aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
|
| Students determined to have financial need who received any need-based gift aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
|
| Students receiving financial aid who received need-based self-help aid: |
| |
| 83% | of first-year students |
| 83% | of full-time undergraduates |
|
| Students receiving financial aid who received any non-need-based gift aid: |
| |
| 98% | of first-year students |
| 96% | of full-time undergraduates |
|
| Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans): |
| |
| 24% | of first-year students |
| 21% | of full-time undergraduates |
|
| Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans): |
| |
| 91% | for first-year students |
| 84% | for full-time undergraduates |
|
| Average financial aid package (excluding PLUS loans and private alternative loans): |
| |
| $36,636 | for first-year students |
| $32,521 | for full-time undergraduates |
|
| Average need-based gift award: |
| |
| $32,079 | for first-year students |
| $27,732 | for full-time undergraduates |
|
| Average need-based self-help award (excluding PLUS loans and private alternative loans): |
| |
| $5,502 | for first-year students |
| $5,793 | for full-time undergraduates |
|
| Average need-based loan (excluding PLUS loans and private alternative loans): |
| |
| $4,268 | for first-year students |
| $5,029 | for full-time undergraduates |
|
| Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| 20% | of first-year students |
| 25% | of full-time undergraduates |
| 100% | of part-time undergraduates |
|
| Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| $24,220 | for first-year students |
| $19,522 | for full-time undergraduates |
| $4,790 | for part-time undergraduates |
|
| School participates in Federal Work-Study Program: |
yes |
| Percent of students who received aid that participated in Federal Work Study: |
26% |
|
| Types of loans available: |
|
- Direct Subsidized Stafford Loans
- Direct Unsubsidized Stafford Loans
- Direct PLUS Loans
- FFEL Subsidized Stafford Loans
- FFEL Unsubsidized Stafford Loans
- FFEL PLUS Loans
- Federal Perkins Loans
|
|
| Parent loans packaged to meet need: |
no |
| First-year loan package range: |
$705 - $33,600 |
| Undergraduate loan package range: |
$705 - $40,000 |
| Percent of undergraduates who have borrowed through all loan programs: |
68% |
| Average student debt upon graduation: |
$37,138 |
| Types of payment plans: |
|
- Academic Management Services (AMS)
- deferred payment plan
- school's own payment plan(s)
|
|
| Need-based scholarships/grants available: |
|
- need-based (general)
- Federal Pell Grants
- SEOG
- state scholarships/grants
- college/university scholarships/grants (institutional funds)
- private scholarships/grants
|
|
| Non-need-based scholarships/grants available: |
|
- non-need-based (general)
- academic merit scholarships/grants
- creative arts/performance
- alumni affiliation scholarships/grants.
|
|
| First-year scholarship/grant award range: |
$15,000 - $52,165 |
| Undergraduate scholarship/grant award range: |
$250 - $52,165 |
| Percent of scholarship aid awarded to out-of-state students: |
13% |
|
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