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.
What amount of Austin Peay State University financial assistance will actually be available to you?Get answers to your questions here.
Austin Peay State University average financial aid offer for freshmen students is $8,379.00. Approximately 99% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Austin Peay State University.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The numbers listed below make reference to help that is offered by Austin Peay State University.
29% of incoming freshmen (442 total) were given scholarships at Austin Peay State University, averaging $4,386.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 58% of freshmen (882 total) obtained a federal grant, for about $4,971.00 a piece.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 27.64% | $11,666.00 |
| Income 30k-48k | 13.79% | $10,157.00 |
| Income 48k-75k | 12.07% | $7,072.00 |
| Income 75k-110k | 6.99% | $4,641.00 |
| Income 110k + | 6.27% | $4,631.00 |
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.
1429 Austin Peay State University undergrads obtain grant aid (this is about 99% of the entire undergraduate student population). The average amount these students receive is $8,379.00.
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.
