Why Undertanding Financial Aid is Essential
Do you know financial aid and scholarship qualifications are based on several criteria? Continue reading to find information on just how much assistance and scholarships can be expected from Adams State.
How Many Undergrads Receive Financial Aid?
Adams State University's typical financial aid package for newly arriving freshmen is $14,348. Approximately 85.0% of new students get some type of financial aid, the majority of which is scholarships and grants.
Student loans are a part of financial aid plans, however the only true discount from the price of college is a scholarship or grant that you don't have to repay.
Student debt should be thought of as a consequence and not true financial aid. Read more about student loan debt at Adams State.
How Much Is Available in Grants & Scholarships?
These grants and scholarships consist of mostly federally provided grants, plus some local and state grants. 49.0% of freshman students at Adams State University (233 total) got a federal grant, averaging $5,844. In addition to grants, 68.0% of freshman students (318 total) received scholarships by the university, totaling $3,445 per student.
The graph underneath displays the average level of grant and scholarship aid given to all freshmen.
Grants are typically based on need while scholarships are merit-based.
Financial Aid per Family Income
The below table displays scholarship and grant distributions by income level for freshman students getting any type of federal Title IV assistance, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||7.0%||$0|
Title IV aid features grants, loans, or work-study awarded from the federal government generally according to financial need. Learn more here.
Grants & Scholarships for All Undergrads Average $11,845
1,645 Adams State undergrads receive grants (this is about 76.0% of the total student population). The average amount these students receive is $11,845
Adams State University Financial Aid Info
|Financial Aid Department Website||www.adams.edu/finaid|
|Net Price Calculator||www.adams.edu/finaid/costs-to-attend.php|