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C O L L E G E   P R O F I L E   -   M O N E Y   M A T T E R S
 
Alma College
Alma, MI
TUITION AND EXPENSES
Cost of Attendance $50,566
Tuition and Fees $37,310
Room and Board $10,238
 
Books and Supplies $800
Other Expenses $2,218
Payment Plans Credit card, installment plan, deferred payment, external finance company
APPLYING FOR FINANCIAL AID
Financial Aid Office
E-mail  
Web Site Financial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
 
Application Process
Application Deadline  
Award Notification On a rolling basis beginning March 1
Method for Awarding Institutional Aid Federal Methodology
Forms Required Cost to File
FAFSA
Code is 002236
Free
PROFILE OF 2016-17 FINANCIAL AID
Freshmen
Financial Aid Applicants 432 (96.6%) of freshmen
Found to Have Need 392 (90.7%) of applicants
Received Financial Aid 392 (100.0%) of applicants with financial need
Need Fully Met 48 (12.2%) of aid recipients
Avg. Pct. of Need Met 72%
Average Award $29,312
  Need-Based Gift Received by 392 (100.0%) of aid recipients, average amount $28,254
  Need-Based
  Self-Help
Received by 333 (84.9%) of aid recipients, average amount $4,383
  Merit-Based Gift Received by 47 (12.0%) of aid recipients
Merit-Based Gift 40 (8.9%) of freshmen had no financial need and received merit aid, average amount $21,225
 
All Undergraduates
Financial Aid Applicants 1,268 (91.6%) of undergraduates
Found to Have Need 1,161 (91.6%) of applicants
Received Financial Aid 1,152 (99.2%) of applicants with financial need
Need Fully Met 143 (12.4%) of aid recipients
Avg. Pct. of Need Met 68%
Average Award $26,369
  Need-Based Gift Received by 1,152 (100.0%) of aid recipients, average amount $25,234
  Need-Based
  Self-Help
Received by 930 (80.7%) of aid recipients, average amount $5,155
  Merit-Based Gift Received by 142 (12.3%) of aid recipients
Merit-Based Gift 106 (7.7%) of undergraduates had no financial need and received merit aid, average amount $19,008
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PROFILE OF 2016-17 FINANCIAL AID - continued
Borrowing
2016 Graduates Who Took Out Loans 83%
Average Indebtedness of 2016 Graduates $36,046
Parents Borrowing PLUS Loans
  Parents of Students Receiving Aid 18.0%
  Parents of Students Not Receiving Aid 1.0%
FINANCIAL AID PROGRAMS
Loans
Federal Loans Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State Loans  
Other Loans College/university loans, Alternative loans
Scholarships and Grants
Need-Based Available Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need-Based Available Academic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Minority scholarships, Alumni affiliation scholarships, Religious affiliation scholarships
Non-Need Awards
Academic Interest/ Achievement Award Areas Not reported
  Number of Awards 1,304
  Top Areas (By
  Money Awarded)
 
Creative Arts/ Performance
Award Areas
Art/Fine Arts, Dance, Music, Performing Arts, Theater/Drama
  Number of Awards 307
  Top Areas (By
  Money Awarded)
 
Special Achievements/ Activities Award Areas Religious Involvement
  Number of Awards 20
  Top Areas (By
  Money Awarded)
 
Special Characteristics
Award Areas
Children and Siblings of Alumni, Siblings of Current Students
  Number of Awards 164
  Top Areas (By
  Money Awarded)
 
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FINANCIAL AID PROGRAMS - continued
Employment
Work-Study Programs Federal work study available
Average Earnings from
On-Campus Employment
$1,500