Each year Mount Aloysius awards over $5 million in merit scholarship support to reward students for outstanding accomplishments in a variety of arenas. The scholarships support students who have distinguished themselves academically, through leadership activities, in community service, in the arts, and in other ways. Over 650 new awards are given each Fall. They range in size from $1,000 to $12,000 a year and are renewable for up to four years. Mount Aloysius College does cap its institutional scholarship total at $16,000 a year.