We understand. College costs can be daunting. But now more than ever, your college education is one of the most important investments your family can make.
Affordability is our goal, and we’re here to help families access all of the financial resources that are available. During the 2020-21 academic year, Albion awarded more than $57 million in institutional scholarships and grants.
Despite the assumption that liberal arts colleges are too expensive, our average federal student debt for 2020 graduates was $26,056, comparable to the national rate. Our default rate for the most recent published data for 2018 is only 6.4%, which is much lower than the national average of 9.7%. This means that almost 94% of our students achieve outcomes that make their debt manageable.
To get a better idea of how Albion can be an affordable investment for you, visit our Net Price Calculator. The Calculator gives you an idea, within $1,000, of the total scholarship and aid that Albion awards.
Our financial services team has outlined every aspect of the financial aid process, from scholarships and loans to estimating your expected family contribution (EFC). We know it's a lot of information and we’re here to help if you have questions. Contact us today!