by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Curious about the financial aid opportunities at Herzing Akron and what you may be eligible for? Explore the answers here.
$7,466.00 is the typical Herzing University - Akron’s first year financial aid package. A significant 100% of freshmen benefit from financial aid, with the main type being loans.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Herzing University - Akron you could end up dealing with.
As well as scholarships, 89% of first-year students (55 total) got a federal grant, for about $5,111.00 per person.
The numbers plus the graph following refer to mainly federal grants, and some local and state grants.
89% of first years at Herzing University - Akron (55 total) obtained a federal grant, averaging $5,111.00.
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 | 69.35% | $6,986.00 |
| Income 30k-48k | 11.29% | $6,602.00 |
| Income 48k-75k | 1.61% | $7,336.00 |
| Income 75k-110k | 6.45% | $4,108.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
55 Herzing Akron undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $7,466.00.The largest share of which are in the guise of Pell Grants.
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.
