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What Kind of Central Michigan Fin Aid Will You Get?

Financial assistance, available as scholarships, loans, and work-study is one way schools minimize the expense of attendance so most students can enroll.

But bear in mind, some kinds of financial aid are more desireable than others, and a few students will get a lot more than others. Find out more by scrolling down the page.

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.

Is it a Reduction?

Financial aid incorporates scholarships, grants, and student loans. However, college loans must be repaid, thus they are not a real discount.

Student Loans at Central Michigan

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, Grants... What's the Difference?

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 LevelPercent of FreshmanAverage Assistance
Income 0-30k14.6%$13,058
Income 30k-48k9.8%$12,529
Income 48k-75k13.4%$10,065
Income 75k-110k14.7%$6,762
Income 110k +26.2%$5,148
Title IV Aid

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.

Looking for Detail About Tuition and Fees Costs?

Go to the Tuition and Fees page or the Cost Per Credit Hour page for details.

Central Michigan University Financial Aid Info

Financial Aid Department Website
Net Price Calculator

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