by our College Data Analytics TeamMany students attending Gannon University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Curious about the financial aid opportunities at Gannon and what you may be eligible for? Explore the answers here.
Gannon University average financial aid offer for freshmen students is $24,080.00. Financial aid is provided to about 97% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Gannon University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The following numbers pertain to assistance that is supplied by Gannon University.
91% of incoming freshmen (655 total) were awarded scholarships at Gannon University, averaging $21,852.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 84% of first-year students (602 total) got federal grant aid, averaging $2,552.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 15.86% | $28,575.00 |
| Income 30k-48k | 7.93% | $28,490.00 |
| Income 48k-75k | 11.68% | $24,973.00 |
| Income 75k-110k | 14.88% | $22,698.00 |
| Income 110k + | 28.37% | $21,563.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
680 Gannon undergrads obtain grant aid (this is about 97% of the entire undergraduate student population). The average amount these students receive is $24,080.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
