In 2021, tuition for full-time Saint Michael's College students was $46,590 a year.
Tuition increased 0.9% in 2021–from $46,175 the previous year. On average, college tuition goes up about 3% every year.
If this makes attending the college of your dreams sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe far less than the sticker price after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make theactual cost of attending college more manageable until after graduation.
Saint Michael's College is a private, religious institution, so it has the same tuition for residents of Vermont as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for students who are residents of that state.
Choosing a school where you qualify for in-state tuition can save significant money on the cost of tuition, as well as loans and interest owed. Be sure to verify your state's eligibility criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on where you live.
Saint Michael's College has the same tuition for international students as for those from out of state.
International students usually do not qualify for for loans or grants from the U.S. government, but should research private or Saint Michael's College-specific grants, scholarships, and other funding opportunities..
Tuition is not the only cost of attending college;there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Saint Michael's College.
Room and board at Saint Michael's College costs $14,280 a year. This includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the school dining facilities.
Board costs may vary depending on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. . The actual cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more. Students who attend Saint Michael's College full time can expect to pay around $2,100 in fees each academic year.
Keep in mind, there could also be optional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer resources for students with financial need to find ways to lower or eliminate these fees.
The cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school?. Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in an urban area could be pricey, but there may be more trains, busses and affordable flights to actually get to school. Saint Michael's Collegeis located in a suburban setting in Vermont, not far from Montreal.
When estimating your budget for college, don’t forget to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of how much students can expect to shell out for Saint Michael's College.
|2021 Total Tuition and Expenses|
|Room and Board||$14,280|
|Total Estimated Costs|
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
Saint Michael's College’s tuition and fees change based on: Course load for both full and part-time students
The majority of Saint Michael's College undergrads use financial aid to finance their education. In 2021, 988 of the 1,537 undergrads enrolled received financial aid. Saint Michael's College meets 82% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $39,549 a year. Around 71.63% of Saint Michael's College undergrads take out student loans to cover any remaining costs. Saint Michael's College graduates who have student loans graduate with an average of $38,465 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Saint Michael's College-Specific Loans||$0|
|Most Common Loans for Saint Michael's College Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Saint Michael's College financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2021, Saint Michael's College awarded 988 need-based scholarships to students, giving away total of $29.8 million to help students with financial need cover the cost of school. An additional $12.92 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Saint Michael's College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Saint Michael's College was $39,549 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Saint Michael's College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Saint Michael's College really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Saint Michael's College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Saint Michael's College does not have guaranteed tuition.
A Prepaid Tuition Plan is not available for Saint Michael's College students.
Saint Michael's College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Saint Michael's College has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
Visit the College Confidential forums to join the conversation about Saint Michael's College