How Many Students Receive Financial Assistance?
$16,372 is the normal Charter College's freshman financial aid plan. About 93.0% of freshman students obtain some financial aid, the majority of which is loans.
Loans technically fall under the umbrella of 'financial aid', however the only true discount off of the cost of college is a scholarship or grant that you do not need to pay back.
Concerned about the loans that might be included in a financial aid plan? See the average amount of debt per student at Charter College.
Amount of Charter College Grants & Scholarships
The numbers plus the graph following pertain to mainly federal grants, plus some local and state grants. 78.0% of first year students at Charter College (800 total) obtained a federal grant, averaging $5,585. As well as grants, 76.0% of first year students (784 total) got scholarships by the college, averaging $1,616 per student.
See the usual level of grants and scholarships freshmen get by studying the graph below.
Scholarships are awarded based on merit, while grants are awarded based on financial need.
Financial Aid by Income Level
The table following displays scholarship and grant allocations by family income for freshman students getting any kind of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 58.3% | $6,929 |
| Income 30k-48k | 15.2% | $6,480 |
| Income 48k-75k | 11.3% | $4,964 |
| Income 75k-110k | 4.8% | $2,509 |
| Income 110k + | 3.1% | $2,852 |
Title IV aid includes grants, loans, or work-study given from the government usually determined by need. Learn more here.
The Average Undergraduate Receiving a Grant or Scholarship Obtains $5,140
83.0% of the 2,660 undergrads at Charter College obtain some sort of grant aid. This is a total of approximately 2,214 students receiving an average of $5,140 per person. The majority in the form of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page for more information.
Charter College Financial Aid Info
| Financial Aid Department Website | https://www.chartercollege.edu |
| Net Price Calculator | https://chartercollege.studentaidcalculator.com/survey.aspx |
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