Why Undertanding Financial Aid is Essential
The level of financial aid, grants, and scholarships varies depending on your situation. Make use of the data below to better understand how much financial assistance you'll obtain from Centura College - Virginia Beach according to income and merit.
What is in a Typical Financial Aid Deal at Centura College - Virginia Beach
Centura College - Virginia Beach's standard financial aid offer for newly arriving first year students is $27,218. Approximately 74.0% of new students get some form of financial aid, the majority of which is in the form of loans.
Financial aid helps lower the cost, or the full retail price of the institution. However, bear in mind that the only true college discount are scholarships & grants.
Student debt ought to be considered to be a consequence and not true financial aid. Learn more about student loan debt at Centura College - Virginia Beach.
Amount of Centura College - Virginia Beach Grants & Scholarships
These grants and scholarships are made up of mainly federally provided grants, plus some local and state awards. 67.0% of first years at Centura College - Virginia Beach (18 total) were awarded a federal grant, averaging $5,770. In addition to grants, 7.0% of first years (2 total) got scholarships by the college, totaling $1,000 per student.
The chart underneath displays the usual level of grant and scholarship aid given to all freshmen.
Grants are typically based on need while scholarships are merit-based.
How Income Level Affects Aid
Discover just how much grant and scholarship aid you might expect to be given determined by your family income. The chart below shows first year students getting federal assistance including PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 51.9% | $5,950 |
| Income 30k-48k | 14.8% | $4,419 |
| Income 48k-75k | 0.0% | N/A |
| Income 75k-110k | 7.4% | $1,444 |
| Income 110k + | 0.0% | N/A |
Financial assistance by the government in the form of loans, grants, and work-study is referred to as Title IV aid. Get more info on Title IV here..
Grants & Scholarships for All Undergrads Average $4,028
Of the 164 undergrads at Centura College - Virginia Beach around 55.0% (90 total) receive some sort of grant aid. The typical number given was $4,028. The most of which are in the form of Pell Grants.
Financial Aid Links from Centura College - Virginia Beach
| Financial Aid Department Website | www.centuracollege.edu |
| Net Price Calculator | centuracollege.edu/Your_Rights/Shared_Documents/npcalc/CVABcalc.html |
