Michigan students paid $40,258 to attend the four-year private not-for-profit institution this year – $1,490 more than the $38,768 charged for 2017-18.
Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 408 students received grants or scholarships totaling $12 million and 315 students took out student loans totaling more than $3 million.
Including all undergraduates (1,433), 1,388 students used grants or scholarships totaling $38.3 million, and 1,046 students took out $7.4 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~1,261 | $35,806 | $37,310 | $38,768 | $40,258 | 12.4% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Alma College in 2015-16.| Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 138 | 34% | $648,707 | $4,701 |
| State / local grant or scholarship | 260 | 64% | $506,630 | $1,949 |
| Institutional grants or scholarships | 408 | 100% | $10,843,864 | $26,578 |
| Grant or scholarship aid total | 408 | 100% | $11,999,201 | $29,410 |
| Federal student loans | 313 | 77% | $1,828,319 | $5,841 |
| Other student loans | 91 | 22% | $1,199,997 | $13,187 |
| Student loan aid | 315 | 77% | $3,028,316 | $9,614 |
| Total student aid | 408 | 100% | - | - |
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