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.
What financial aid options does Capital offer, and what will you qualify for? Keep scrolling for answers.
Capital University average financial aid offer for freshmen students is $27,812.00. About 100% of first year students receive financial aid, most of which is in the form of 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 Capital 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 following numbers apply to scholarships and grants largely offered by the school itself.
100% of incoming freshmen (723 total) were given scholarships at Capital University, averaging $25,035.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 31% of first years (227 total) were awarded federal grant aid, averaging $6,535.00 each.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.03% | $27,749.00 |
| Income 30k-48k | 10.79% | $26,521.00 |
| Income 48k-75k | 13.42% | $28,516.00 |
| Income 75k-110k | 19.78% | $27,550.00 |
| Income 110k + | 40.53% | $27,799.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
723 Capital undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $27,812.00.
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.