by our College Data Analytics TeamThe total cost of attendance at Colgate University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Discover the financial aid possibilities at Colgate and learn what assistance you might qualify for by continuing to read.
$49,065.00 is the typical Colgate University’s first year financial aid package. 50% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Colgate University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The following numbers pertain to assistance that is supplied by Colgate University.
42% of incoming freshmen (327 total) were given scholarships at Colgate University, averaging $47,688.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 31% of first-year students (243 total) got federal grant aid, averaging $2,882.00 per person.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 5.34% | $64,238.00 |
| Income 30k-48k | 2.93% | $67,803.00 |
| Income 48k-75k | 3.05% | $57,443.00 |
| Income 75k-110k | 4.33% | $50,398.00 |
| Income 110k + | 9.16% | $29,318.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 786 undergraduate students at Colgate University around 50% (331 total) receive some form of grant aid. The typical amount awarded was $49,065.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
