Applying For Financial Aid
Applying For Financial Aid
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Email
finaid@stolaf.edu
Net Price Calculator
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Application Process
Application Deadline
February 1
Award Notification
On or about March 15
High School Program
College preparatory program is required
Methodology For Awarding Institutional Aid
Federal and Institutional Methodologies
Forms Required Cost
FAFSA Code is 003647 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
Profile of 2023-24 Financial Aid
Profile of 2023-24 Financial Aid
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Freshman
Financial Aid Applicants
538 (81.6%) of freshmen
Found to Have Financial Need
319 (59.3%) of applicants
Received Financial Aid
319 (100.0%) of applicants with financial need
Need Fully Met
169 (53.0%) of aid recipients
Average Percent of Need Met
97%
Average Award
$49,457
Need-Based Gift
Received by 319 (100.0%) of aid recipients, average amount $41,877
Need-Based Self-Help
Received by 212 (66.5%) of aid recipients, average amount $5,490
Merit-Based Gift
Received by 130 (40.8%) of aid recipients
322 (48.9%) of freshmen had no financial need and received merit aid, average amount $26,583
All Undergraduates
Financial Aid Applicants
1,503 (60.6%) of undergraduates
Found to Have Financial Need
1,121 (74.6%) of applicants
Received Financial Aid
1,121 (100.0%) of applicants with financial need
Need Fully Met
410 (36.6%) of aid recipients
Average Percent of Need Met
92%
Average Award
$48,670
Need-Based Gift
Received by 1,121 (100.0%) of aid recipients, average amount $42,063
Need-Based Self-Help
Received by 801 (71.5%) of aid recipients, average amount $5,917
Merit-Based Gift
Received by 254 (22.7%) of aid recipients
1,268 (51.1%) of undergraduates had no financial need and received merit aid, average amount $25,738
All Undergraduates
2024 Graduates Who Took Out Loans
40%
Average Indebtedness of 2024 Graduates
$36,342
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
State Loans
Available
Other Loans
College/University Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Applied Art and Design
Debating
Music
Theater/Drama
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Special Characteristics Award Areas
Children and Siblings of Alumni
Children of Educators
International Students
Veterans
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
Not reported
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2023-24 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2024 Peterson's LLC. All rights reserved.