How Many Undergrads Get Financial Assistance?
$10,675 is the normal Central Lakes College - Brainerd's first year financial aid deal. About 73.0% of freshman students get some money for college, the majority of which is in the form of loans.
Financial aid incorporates loans, grants, and scholarships. However, loans have to be paid off, so they are not a true discount.
Worried about the student loans that might be part of a financing deal? Find the average amount of debt per student at Central Lakes College.
How Much Central Lakes College Aid Will I Get That I Don't Have to Pay Back?
These scholarships and grants are composed of mostly federal grants, and some state and local awards. 55.0% of freshmen at Central Lakes College - Brainerd (249 total) received a federal grant, averaging $4,360. As well as grants, 19.0% of freshmen (86 total) were awarded scholarships by the college, averaging $843 each.
The chart directly below reveals the usual volume of grant and scholarship aid given to all first year students.
Grants are usually need-based while scholarships are merit-based.
How Financial Need Affects Financial Aid
Learn what amount of grant and scholarship assistance you can expect to receive determined by your family income. The chart below displays freshman students obtaining Title IV aid including PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 25.4% | $6,417 |
Income 30k-48k | 13.3% | $6,289 |
Income 48k-75k | 13.5% | $3,974 |
Income 75k-110k | 13.5% | $1,133 |
Income 110k + | 4.9% | $326 |
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..
Grants & Scholarships for All Undergrads Is $4,266
49.0% of the 4,029 undergraduates at Central Lakes College - Brainerd obtain some form of grant aid. A total of approximately 1,989 students receiving about $4,266 each.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to learn more.
Central Lakes College - Brainerd Financial Aid Links
Financial Aid Department Website | www.clcmn.edu/financialaid/ |
Net Price Calculator | www.MinnState.edu/admissions/calculator/centrallakes.html |
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