Why Undertanding Financial Aid is Important
The amount of financial aid and scholarships you are eligible for may vary depending on your needs. Read on to find information on how much financial aid and scholarships you can expect from City College - Miami.
How Many Students Get Financial Aid?
City College - Miami's average financial aid plan for incoming freshmen is $13,947. About 96.0% of first year students get some form of financial aid, most of which is in the form of loans.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only real college discount are scholarships & grants.
Student debt should be considered to be an added expense rather than as "aid" or a "discount". Find more about student loan debt at City College - Miami.
Amount of City College - Miami Grants & Scholarships
The following scholarships and grants consist of mainly federally provided grants, and some state and local awards. 88.0% of freshman students at City College - Miami (21 total) got a federal grant, averaging $5,336. As well as grants, 21.0% of freshman students (5 total) were awarded scholarships by the college, totaling $2,500 per person.
The chart directly below reveals the average volume of grant and scholarship aid distributed to all freshmen.
Grants are usually based on need while scholarships are based on merit or ability.
Amount of Financial Aid Per Family Income
Find out what amount of grant and scholarship aid you can expect to obtain according to your earnings. The chart below shows freshman students receiving federal assistance such as PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 75.0% | $6,516 |
| Income 30k-48k | 12.5% | $3,392 |
| Income 48k-75k | 8.3% | $0 |
| Income 75k-110k | 4.2% | $0 |
| Income 110k + | 0.0% | N/A |
Title IV aid includes loans, grants, or work-study awarded by the federal government typically according to need. Learn more here.
The Standard Undergraduate Who Gets a Grant or Scholarship Gets $5,514
230 City College - Miami students receive grants (this is about 92.0% of the entire student body). The average amount these students receive is $5,514 The most of which are in the form of Pell Grants.
Financial Aid Links from City College - Miami
| Net Price Calculator | https://www.citycollege.edu/financial_aid/net-price-calculator |
