by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Curious about the financial aid opportunities at CMU CLAS and what you may be eligible for? Explore the answers here.
$17,321.00 is the typical Central Methodist University - College of Liberal Arts & Sciences’s first year financial aid package. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as 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.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Central Methodist University - College of Liberal Arts & Sciences.
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 stats below refer to aid that is provided by Central Methodist University - College of Liberal Arts & Sciences.
100% of incoming freshmen (318 total) were given scholarships at Central Methodist University - College of Liberal Arts & Sciences, averaging $14,203.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 75% of first-year students (239 total) got federal grant aid, averaging $3,763.00 per person.
Amount of Financial Assistance Per Income Level
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 23.58% | $19,582.00 |
| Income 30k-48k | 11.64% | $21,543.00 |
| Income 48k-75k | 14.47% | $18,443.00 |
| Income 75k-110k | 13.52% | $14,040.00 |
| Income 110k + | 16.35% | $13,818.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
318 CMU CLAS undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $17,321.00.
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.