Understanding Financial Aid for You
The quantity of financial assistance you will receive, which includes access to federal loans, scholarships and grants, is going to depend upon your need. The knowledge available on this page will show what you can expect to be given from Brown Mackie College - Louisville depending on income level and other factors.
What Percentage of Students Receive Financial Assistance?
Brown Mackie College - Louisville's average financial aid deal for incoming first years is $11,573. About 93.0% of incoming students receive financial help, the majority of which is loans.
Financial aid consists of scholarships, grants, and student loans. However, student loans need to be paid off, thus they are not a true college discount.
Worried about the student loans that might be included in a financing deal? See the average amount of debt per student at Brown Mackie College - Louisville.
How Much Brown Mackie College - Louisville Aid is Will I Get That Won't Put Me in Debt?
The numbers plus the graph following pertain to primarily federal grants, as well as some local and state grants. 87.0% of first year students at Brown Mackie College - Louisville (175 total) obtained a federal grant, averaging $5,424. In addition to grants, 12.0% of first year students (25 total) were awarded scholarships by the college, averaging $984 per person.
How are scholarships and grants dispersed to first years at Brown Mackie College - Louisville? Look at the data listed below.
Grants are usually need-based while scholarships are merit-based.
Financial Aid by Income Level
The chart following shows grant and scholarship distributions by income for freshmen receiving any type of federally-funded Title IV aid, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||1.0%||$0|
The graph above displays students who are receiving Title IV aid which is federal assistance from the government in the form of loans, grants or work study. Learn more.
Scholarships & Grants for All Students Is $4,384
1,058 Brown Mackie College - Louisville students obtain grant aid (this is around 1,120 of the overall student population). The average amount these students obtain is $4,384 The majority in the form of Pell Grants.
Brown Mackie College - Louisville Financial Aid Links
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