Importance Of Central College's Financial Aid
The quantity of financial assistance you will get, which includes scholarships, grants and loans, is going to depend upon your financial need. The info provided on this page will show how much you can expect to be given from Central College depending on your family's income level and other factors.
What Percentage of Undergrads Get Financial Assistance?
Central College's standard financial aid offer for incoming freshman students is $32,464. Approximately 100.0% of freshman students get some type of financial assistance, the majority of which is scholarships and grants.
Student loans technically come under the umbrella of 'financial aid', even so the only true discount from the price of college is a scholarship or grant that you do not have to pay back.
We feel that loan debt really should be viewed as an added expense and not as "aid" or a "discount". Read more on student loan debt at Central.
How Much is Offered in Scholarships & Grants?
The following numbers apply to grants and scholarships primarily offered by Central College.
100.0% of first year students (429 total) were given scholarships at Central College, averaging $20,745 a piece. This puts it in the top 20th percentile of all colleges in the nation.141 first years got federal grant aid. About 33.0% Central freshmen received grants around $4,884 a piece.
The chart directly below reveals the typical volume of scholarship and grant aid given to all first year students.
Grants are typically need-based while scholarships are merit-based.
How Financial Need Affects Aid
Learn what amount of scholarship and grant assistance you can expect to be given according to your earnings. The graph below displays freshman students receiving federal aid such as PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||21.9%||$20,647|
Education funding from the federal government available as grants, loans, or work study is referred to as Title IV aid. Get more info on Title IV here..
The Average Undergrad Receiving a Grant or Scholarship Will get $21,916
Of the 1,411 undergraduate students at Central College about 94.0% (1,330 total) receive some sort of grant aid. The typical quantity granted was $21,916.
Central College Financial Aid Links
|Financial Aid Department Website||www.central.edu/financialAid/|
|Net Price Calculator||www.central.edu/financialAid/estimator.cfm|