by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Curious about the financial aid opportunities at Anderson University Indiana and what you may be eligible for? Explore the answers here.
Anderson University Indiana average financial aid offer for freshmen students is $20,574.00. About 100% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Anderson University Indiana.
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 stats below refer to aid that is provided by Anderson University Indiana.
100% of incoming freshmen (323 total) were awarded scholarships at Anderson University Indiana, averaging $15,285.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 92% of freshmen (298 total) received a federal grant, for about $3,024.00 a person.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 16.41% | $25,550.00 |
| Income 30k-48k | 9.29% | $27,017.00 |
| Income 48k-75k | 21.05% | $22,872.00 |
| Income 75k-110k | 15.48% | $19,470.00 |
| Income 110k + | 22.29% | $15,560.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 323 undergraduate students at Anderson University Indiana around 100% (323 total) receive some form of grant aid. The typical amount awarded was $20,574.00.
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.