by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Uncover the various financial aid options provided by Point and determine which ones you may be eligible for by continuing your exploration.
Point University average financial aid offer for freshmen students is $11,836.00. A significant 100% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Point 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 numbers below apply to scholarships and grants primarily provided by Point University.
80% of new students (174 total) were given scholarships at Point University, averaging $8,309.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 65% of first-year students (142 total) got federal grant aid, averaging $5,482.00 per person.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 44.50% | $12,185.00 |
| Income 30k-48k | 7.80% | $24,024.00 |
| Income 48k-75k | 14.68% | $8,307.00 |
| Income 75k-110k | 9.63% | $10,070.00 |
| Income 110k + | 10.55% | $6,980.00 |
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.
218 Point undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $11,836.00.
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.