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National Application Center :: campus tours :: St. Olaf College costs & financial aid

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St. Olaf College

St. Olaf College
1520 St. Olaf Avenue
Northfield, MN 55057

Official telephone: (507) 786-2222
Website: wp.stolaf.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Sandra Sundstrom,
Director of Student Financial Aid
Contacting the office: 507 786-3019
877 235-8386 (toll free)
507 786-3832 (fax)
finaid@stolaf.edu
FAFSA number: 002382
CSS/PROFILE number: 6638

EXPENSES
Undergraduate tuition: $44,180; $44,180 out-of-state
Book fees: $1,000
Miscellaneous expenses: $1,350
Other expenses: Personal.
Combined room and board expenses: $10,080

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAFebruary 1noMarch 1
CSS/Financial Aid PROFILEFebruary 1noMarch 1
Noncustodial (Divorced/Separated) Parent's StatementFebruary 1noMarch 1

Date award notification begins: April 1
Applied for financial aid:
83% of first-year students
75% of full-time undergraduates
38% of part-time undergraduates
Determined to have financial need:
81% of first-year students
91% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
99% of full-time undergraduates
33% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
100% of first-year students
100% of full-time undergraduates
67% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
24% of first-year students
23% of full-time undergraduates
33% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
91% of first-year students
90% of full-time undergraduates
67% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
99% for first-year students
98% for full-time undergraduates
87% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$37,360 for first-year students
$35,916 for full-time undergraduates
$7,376 for part-time undergraduates
Average need-based gift award:
$32,224 for first-year students
$30,182 for full-time undergraduates
$3,243 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,809 for first-year students
$5,418 for full-time undergraduates
$2,820 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,674 for first-year students
$4,795 for full-time undergraduates
$2,245 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
24% of first-year students
22% of full-time undergraduates
12% 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):
$16,256 for first-year students
$14,291 for full-time undergraduates
$3,163 for part-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
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 Nursing Loans
  • State Loans
  • College/University Loans
Parent loans packaged to meet need: no
First-year loan package range: $750 - $51,000
Undergraduate loan package range: $414 - $51,000
Percent of undergraduates who have borrowed through all loan programs: 57%
Average student debt upon graduation: $29,617
Types of payment plans:
  • Tuition Management Systems
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
First-year scholarship/grant award range: $1,000 - $51,960
Undergraduate scholarship/grant award range: $1,000 - $52,880
Percent of scholarship aid awarded to out-of-state students: 49%

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