What Percentage of Students Receive Financial Assistance?
$15,553 is the normal Central Michigan University's freshman financial aid offer. About 90.0% of freshman students receive some type of financial assistance, the majority of which is in the form of scholarships and grants.
Financial aid incorporates scholarships, grants, and student loans. However, college loans must be repaid, thus they are not a real discount.
A loan isn't a true college price reduction, but rather an outcome to consider. See how much student loan debt from Central Michigan you may end up dealing with.
How Much Aid Is Available in Grants & Scholarships?
The numbers listed below make reference to help which is provided by Central Michigan University.
90.0% of incoming freshmen (2,437 total) were given scholarships at Central Michigan University, averaging $7,440 a piece. This ranks in the top 40th percentile of all colleges in the nation.
As well as scholarships, 37.0% of first years (997 total) were awarded federal grant aid, for about $4,628 a piece.
How are scholarships and grants given away to first years at Central Michigan? View the graph listed below.
Scholarships are given due to special ability or merit, while grants are awarded due to financial need.
Financial Aid by Income Level
Determine just how much grant and scholarship assistance you might plan to be given determined by your family income. The table below displays first year students obtaining Title IV aid such as PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||26.2%||$5,148|
Title IV aid includes loans, grants, or work-study granted from the government usually determined by need. Learn more here.
The Average Undergrad Receiving a Scholarship or Grant Will Get $7,882
68.0% of the 16,387 undergraduates at Central Michigan University get some kind of grant aid. This is a total around 11,163 students receiving an average of $7,882 each.
Central Michigan University Financial Aid Info
|Financial Aid Department Website||https://www.cmich.edu/ess/OSFA|
|Net Price Calculator||https://netconnect.cmich.edu/netpricecalculator|
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