Why Undertanding Financial Aid is Important
The level of financial aid, scholarships, grantsvary depending on your situation. Make use of the information below to better know how much tuition assistance you'll obtain from Albany State based on income and merit.
How Much Financial Aid is Available?
Albany State University's average financial aid offer for newly arriving first year students is $13,505. Around 90.0% of first year students get some money for college, the majority of which is in the form of scholarships and grants.
Loans are included in the umbrella of 'financial aid', however the only true college discount is a grant or scholarship that you don't have to repay.
We feel that loan debt should be thought of as a consequence and not true financial aid. Find more about student loan debt at Albany State.
Number of Albany State Scholarships & Grants
The numbers and the chart below refer to predominantly grants from federal sources, plus some local and state grants. 81.0% of first years at Albany State University (346 total) were awarded a federal grant, averaging $5,094. In addition to grants, 13.0% of first years (56 total) got scholarships by the university, totaling $3,415 per student.
The chart underneath displays the average level of scholarship and grant aid given to all freshmen.
Grants are normally based on need while scholarships are based on merit or ability.
How Family Income Affects Aid
The next chart displays grant and scholarship distributions by income for freshman students receiving any form of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 53.5% | $7,705 |
| Income 30k-48k | 17.8% | $6,680 |
| Income 48k-75k | 11.2% | $3,327 |
| Income 75k-110k | 6.3% | $3,049 |
| Income 110k + | 3.7% | $2,201 |
Financial assistance from the government in the form of loans, grants, and work study is known as Title IV aid. Get more info on Title IV here..
The Typical Undergrad Who Gets Scholarship or Grant Gets $5,594
Of the 3,316 undergrads at Albany State University around 81.0% (2,672 in total) receive some type of grant aid. The standard number awarded was $5,594. The most of which are in the form of Pell Grants.
Financial Aid Links from Albany State University
| Financial Aid Department Website | https://www.asurams.edu/financial-aid/ |
| Net Price Calculator | https://gateway.asurams.edu/calculator/ |
