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National Application Center :: campus tours :: McDaniel College costs & financial aid

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McDaniel College

McDaniel College
2 College Hill
Westminster, MD 21157

Official telephone: (410) 848-7000
Toll-free telephone: (800) 638-5005
Fax number: (410) 857-2729
Website: www.mcdaniel.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: Zhanna Goltser,
Director of Financial Aid
Contacting the office: 410 857-2233
800 638-5005 (toll free)
410 857-2729 (fax)
finaid@mcdaniel.edu
FAFSA number: 002109

EXPENSES
Undergraduate tuition: $40,580; $40,580 out-of-state
Additional required fees: $400
Book fees: $1,200
Miscellaneous expenses: $970
Other expenses: Personal expenses, travel, and loan fees.
Combined room and board expenses: $10,800

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1yesN/A

Date award notification begins: March 1
Applied for financial aid:
92% of first-year students
83% of full-time undergraduates
45% of part-time undergraduates
Determined to have financial need:
88% of first-year students
91% of full-time undergraduates
60% 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
67% of part-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
100% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
64% of first-year students
74% of full-time undergraduates
50% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
21% of first-year students
15% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
26% of first-year students
23% of full-time undergraduates
0% 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):
84% for first-year students
83% for full-time undergraduates
40% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$33,643 for first-year students
$32,792 for full-time undergraduates
$11,642 for part-time undergraduates
Average need-based gift award:
$31,233 for first-year students
$29,142 for full-time undergraduates
$8,892 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,705 for first-year students
$5,088 for full-time undergraduates
$5,500 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,365 for first-year students
$4,860 for full-time undergraduates
$5,500 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
18% of first-year students
22% of full-time undergraduates
0% 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):
$20,052 for first-year students
$18,397 for full-time undergraduates
$0 for part-time undergraduates
Students who received a non-need-based athletic award:
0% of first-year students
0% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$0 for first-year students
$0 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 15%

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 Perkins Loans
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 68%
Average student debt upon graduation: $26,144
Types of payment plans:
  • Tuition Management Systems
  • family tuition reduction
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • TEACH grant.
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • special achievements/activities
  • ROTC scholarships
First-year scholarship/grant award range: $2,500 (full tuition)
Undergraduate scholarship/grant award range: $2,500 (full tuition)
Percent of scholarship aid awarded to out-of-state students: 34%

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