How Many Undergrads Receive Financial Assistance?
$20,242 is the normal Central Penn College's first year financial aid plan. Approximately 89.0% of freshman students obtain some money for college, the majority of which is loans.
Financial aid helps reduce the expense, or the full retail price of the institution. However, bear in mind that the only true discounts off the cost of college are in the form of grants and scholarships.
Uneasy about the debt that may be part of a financial aid plan? See the average amount of debt per student at Central Penn.
How Much Central Penn Aid Will I Get That Won't Put Me in Debt?
The numbers plus the graph following reference predominantly federal grants, as well as some local and state grants. 59.0% of first year students at Central Penn College (33 total) obtained a federal grant, averaging $5,971. In addition to grants, 66.0% of first year students (37 total) were awarded scholarships by the college, averaging $3,538 per student.
See the average volume of scholarships and grants freshmen get by looking at the graph below.
Scholarships are given based on special ability or merit, while grants are awarded based on need.
Amount of Financial Aid By Income Level
Learn what amount of grant and scholarship assistance you can plan to obtain according to your earnings. The table following displays freshman students getting federal Title IV aid which includes PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||10.7%||$3,990|
The table above displays undergrads who are getting Title IV aid which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
$5,333 is the Average Total an Undergrad Will Get in Grants or Scholarships
827 Central Penn undergrads get grant aid (this is around 81.0% of the total student population). The average amount these students get is $5,333
Central Penn College Financial Aid Links
|Financial Aid Department Website||www.centralpenn.edu/college-services/financial-aid/|
|Net Price Calculator||www.centralpenn.edu/college-services/financial-aid/net-price-calculator/|
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