Saint Michael's College

On average, college tuition goes up about 3% every year.

If these numbers sound impossible, remember, the advertized cost of tuition doesn't mean much if you plan to use financial aid to help pay for college. Many students owe a lot less than the total tuition after grants, scholarships, and tuition discounts are applied. And, student loans can make the amount you do have to pay out of pocket feel more doable until after graduation.

Saint Michael's College meets 85% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Saint Michael's College is around $40,527 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $40,336 of debt.

In-state vs. Out-of-state Tuition at Saint Michael's College

Saint Michael's College is a private, religious institution, which means it has the same tuition for students from Vermont as it does for residents from other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Be sure to check your state's rules for in-state residency. 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 other criteria as well, depending on where you live.

Explore other Vermont colleges

Do International Students Pay More to Go to Saint Michael's College?

Saint Michael's College has the same tuition for international students as for those from out of state.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or school-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at Saint Michael's College:

•Athletic Awards •Saint Michael's College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Saint Michael's College Room, Board, Fees, and More

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In addition to tuition, 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.

House and Food Costs at Saint Michael's College

Meal-plan costs vary based on on the number of meals you intend to eat on-campus

Cost of Books at Saint Michael's College

The cost of books often surprises first-year college students. The real cost of books and supplies 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.

Yearly Fees

Most schools also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

There may be additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer ways so that those who may struggle to participate because of cost can get help covering these fees.

Planes, Trains, and Automobiles: Transportation costs at Saint Michael's College

The total cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or will you need to use public transportation? All of these questions can drastically impact your transportation budget.

Where are a college is located can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city is often costly, but cities may offer more trains, busses or low-cost flight options to actually get to school. Saint Michael's Collegeis in a suburb in Vermont, near Montreal.

Other Costs

When you're planning for college, don’t forget to leave some room in your budget for the cost of things like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Saint Michael's College

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Now, let’s look at the breakdown of all expenses, to get a better estimate of the actual cost of attending Saint Michael's College.

How Much Does Saint Michael's College Cost?

What will the cost of attending Saint Michael's College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Saint Michael's College

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The majority of Saint Michael's College undergrads use financial aid to help pay for school. In 2023, 773 of the 1,429 undergrads enrolled received financial aid. Saint Michael's College meets 85% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $40,527 a year. Around 70.4% 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 $40,336 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$23,161
Private Loans	$50,461

Most Common Loans for Saint Michael's College Students
Federal Loans	69.5%
Private loans	24.4%

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.

Scholarships at Saint Michael's College

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 2023, Saint Michael's College awarded 773 need-based scholarships to students, giving away total of $25.8 million to help students with financial need cover the cost of school. An additional $12.19 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Saint Michael's College

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 $40,527 in 2023. 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.

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 make more informed decisions about 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.

Saint Michael's College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Saint Michael's College Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Saint Michael's College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of Saint Michael's College's endowment was $102.8 million. The average college endowment was $905 million in 2021.

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Learn More About Saint Michael's College

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Choose one of the options below to find out more about about Saint Michael's College:

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