The total cost of attendance at Cedar Crest College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
What financial aid options does Cedar Crest offer, and what will you qualify for? Keep scrolling for answers.
$29,938.00 is the typical Cedar Crest College’s first year financial aid package. Financial aid is provided to about 98% of first-year students, with the bulk of support coming in the form of 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.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Cedar Crest College.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The stats below refer to aid that is provided by Cedar Crest College.
98% of new students (200 total) were offered scholarships at Cedar Crest College, averaging $26,115.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 42% of first-year students (86 total) got a federal grant, for about $5,034.00 per person.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 19.02% | $33,627.00 |
Income 30k-48k | 12.68% | $31,144.00 |
Income 48k-75k | 16.10% | $31,529.00 |
Income 75k-110k | 17.07% | $29,829.00 |
Income 110k + | 21.95% | $27,475.00 |
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.
Of the 205 undergraduate students at Cedar Crest College around 98% (200 total) receive some form of grant aid. The typical amount awarded was $29,938.00.
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.