How Much Financial Aid is Offered?
Chowan University's normal financial aid deal for incoming freshmen is $25,626. Approximately 100.0% of first year students obtain financial aid, the majority of which is scholarships and grants.
Financial aid helps reduce the cost, or the full retail price of the institution. However, bear in mind that the only real college discount are scholarships & grants.
We feel that loan debt should be thought of as an "outcome" rather than "aid". Learn more about student loan debt at Chowan University.
How Much Aid Is Available That Is Not Loans?
The numbers below refer to scholarships and grants mainly provided by Chowan University.
100.0% of freshmen (397 total) were offered scholarships at Chowan University, averaging $12,062 per person. This ranks in the top 40th percentile of all schools in the nation.
315 freshmen also received federal grant aid. A total of 79.0% of Chowan University first years obtained grants around $5,270 per person.
The graph below shows the average amount of scholarship and grant aid given to all freshmen.
Scholarships are given based on special ability or merit, while grants are need based.
Financial Aid per Family Income
The following table shows grant and scholarship distributions by family income for first year students getting any sort of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 52.1% | $20,617 |
| Income 30k-48k | 18.4% | $20,493 |
| Income 48k-75k | 11.3% | $17,618 |
| Income 75k-110k | 7.3% | $11,881 |
| Income 110k + | 6.3% | $11,723 |
Title IV aid features grants, loans, or work-study awarded by the federal government generally determined by need. Learn more here.
The Typical Undergrad Who Gets a Scholarship or Grant Gets $18,495
Of the 1,394 undergrads at Chowan University around 99.0% (1,378 in total) get some kind of grant aid. The standard amount awarded was $18,495.
Visit the Tuition and Fees page or the Cost Per Credit Hour page for more info.
Financial Aid Links from Chowan University
| Financial Aid Department Website | https://www.chowan.edu/admissions/financial-aid.htm |
| Net Price Calculator | https://chowan.edu/admissions/financial-aid/financial-aid-calculators/net-price-calculator |
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